2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was approximately ¥130.76 billion, representing a year-on-year increase of 25.28%[3] - The net profit attributable to shareholders for Q3 2022 was approximately ¥4.83 billion, a decrease of 14.43% compared to the same period last year[3] - The basic earnings per share for Q3 2022 was ¥0.4178, a decrease of 13.94% year-on-year[3] - The weighted average return on equity for Q3 2022 was 2.04%, down 0.47 percentage points from the previous year[3] - For the first nine months, the company reported cumulative operating revenue of CNY 337.67 billion, up 24.4% year-on-year[12] - Net profit for the period was ¥27.24 billion, compared to ¥24.60 billion in the previous period, reflecting an increase of about 10.7%[29] - Total operating revenue for the period reached ¥337.67 billion, up from ¥271.49 billion in the previous period, representing a growth of approximately 24.4%[29] Cash Flow and Assets - The net cash flow from operating activities for Q3 2022 was negative at approximately ¥12.46 billion, a decline of 124.09% year-on-year[3] - The net cash flow from operating activities for the first nine months of 2022 was negative at approximately ¥417.57 million, a decline of 442.36% year-on-year[8] - Operating cash flow for the current period was negative at ¥(4,175,709,127.55), a significant decline from the positive cash flow of ¥1,219,687,037.31 in the previous period[31] - Total cash inflow from operating activities was ¥266,232,487,811.32, down from ¥370,648,953,965.91 in the previous period, indicating a decrease of approximately 28.2%[31] - The ending balance of cash and cash equivalents was ¥115,805,109,952.29, down from ¥138,665,720,961.19 in the previous period[32] - The company reported a significant decrease in cash flow from operating activities, which may impact future operational strategies and investment decisions[31] Assets and Liabilities - The total assets as of September 30, 2022, were approximately ¥1.83 trillion, down 5.47% from the end of 2021[3] - The total liabilities decreased to ¥1,426.66 billion from ¥1,545.87 billion, indicating a reduction in overall debt levels[27] - Long-term borrowings decreased to ¥170.05 billion from ¥154.32 billion, indicating a reduction in long-term debt obligations[27] - The company reported a significant reduction in short-term borrowings, which fell to ¥4.18 billion from ¥14.41 billion, a decrease of approximately 70.9%[27] Real Estate Development - The total area settled for real estate development in Q3 was 9.51 million square meters, an increase of 28.1% year-on-year[12] - In Q3, the group achieved a contracted sales area of 6.462 million square meters and a contracted sales amount of RMB 99.38 billion, representing year-on-year declines of 14.4% and 20.3% respectively, with the decline narrowing compared to Q2[16] - From January to September, the group recorded a total contracted sales area of 19.369 million square meters and a contracted sales amount of RMB 314.67 billion, both down 34.3% year-on-year[16] - As of the end of September, the group had 39.005 million square meters of sold but uncompleted resources, with a total contract amount of approximately RMB 612.58 billion[16] Business Segments Performance - The logistics and warehousing business generated revenue of RMB 2.97 billion from January to September, marking a year-on-year increase of 42.7%[19] - The cold chain park revenue reached RMB 1.38 billion, showing a significant year-on-year growth of 111.7%[19] - The rental housing business achieved revenue of RMB 2.31 billion from January to September, reflecting a year-on-year increase of 11.5%[21] - The commercial development and operation business generated revenue of RMB 6.25 billion, a year-on-year growth of 10.6%[22] Shareholder Returns and Equity - The net assets attributable to shareholders increased to approximately ¥241.11 billion, reflecting a growth of 2.18% compared to the end of 2021[3] - The total equity attributable to shareholders rose to ¥241.11 billion from ¥235.95 billion, an increase of approximately 2.5%[27] - The group distributed a total cash dividend of RMB 11.277 billion for the 2021 fiscal year, with actual cash dividends paid amounting to RMB 11.204 billion[24] Sustainability and Corporate Actions - The group has set 50 sustainable development goals, receiving recognition from various ESG rating agencies, including an A+ rating from Hang Seng[23] - The company successfully spun off Wanwu Cloud for listing on the Hong Kong Stock Exchange during the reporting period[18]