OCT(SZ:000069)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥12,321,832,832.76, a decrease of 4.38% compared to ¥12,885,891,581.48 in the same period last year[4]. - The net profit attributable to shareholders was -¥2,040,737,302.12, representing a significant decline of 9,813.98% from ¥20,581,408.44 in the previous year[4]. - The basic earnings per share for Q3 2023 was -¥0.2539, a decrease of 9,865.38% from ¥0.0026 in the previous year[5]. - The net profit and net profit attributable to shareholders decreased by 560% and 2755%, respectively, due to various factors including losses from joint ventures and increased financial expenses[7]. - The company reported a net loss of CNY 4,065,710,075.71 for the current period, compared to a net profit of CNY 885,811,740.75 in the previous period, indicating a significant decline in profitability[23]. - Revenue for the current period reached CNY 31,760,306,179.26, up from CNY 29,281,458,540.15 in the previous period, representing an increase of approximately 8.5%[22]. - The company's operating profit turned negative at CNY -3,000,903,351.49, compared to a positive operating profit of CNY 1,409,698,413.49 in the previous period[22]. - Total comprehensive income for the current period was CNY -4,419,969,977.92, contrasting with CNY 316,637,254.25 in the previous period[23]. Cash Flow and Financial Position - The net cash flow from operating activities increased by 204.27%, reaching ¥2,364,600,165.14, compared to -¥2,267,833,639.87 in the same period last year[7]. - Cash inflows from operating activities totaled CNY 58,097,435,396.22, slightly higher than CNY 56,052,017,975.75 in the previous period[24]. - The cash outflow from operating activities totaled ¥55,732,835,231.08, a decrease of 4.5% compared to ¥58,319,851,615.62 in the previous period[25]. - The net cash flow from investing activities was ¥351,053,137.33, a significant improvement from a net outflow of ¥1,516,151,190.95 in the previous period[25]. - The cash inflow from financing activities amounted to ¥59,887,125,662.72, compared to ¥50,326,954,777.64 in the previous period, reflecting a 19.5% increase[25]. - The total assets at the end of the reporting period were ¥392,917,825,794.91, a slight decrease of 0.71% compared to the previous year[5]. - The company's cash and cash equivalents increased to CNY 42.39 billion from CNY 41.62 billion at the end of 2022, reflecting a growth of 1.85%[19]. - Total liabilities increased to CNY 299.63 billion from CNY 292.29 billion, representing a growth of 2.29%[20]. - The company's equity attributable to shareholders decreased to CNY 65.09 billion from CNY 68.86 billion, a decline of 5.99%[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 112,787, with the top 10 shareholders holding 47.01% of the shares[9]. - The largest shareholder, Overseas Chinese Town Group Co., Ltd., holds 3,855,685,442 shares, representing 47.01% of total shares[9]. - The top 10 shareholders include various entities, with the second-largest being Qianhai Life Insurance Co., Ltd., holding 569,366,124 shares, or 6.94%[9]. Project and Land Information - The company has a total land reserve of 381,340.01 square meters, with a total construction area of 598,748.82 square meters[11]. - The total land acquisition cost for the reported projects is 723,635.58 million RMB[11]. - The company has ongoing projects in Xi'an and Chengdu, with remaining developable construction areas of 26.23 and 8.05 million square meters respectively[11]. - Total land area for projects is 1,438.11 hectares with a total planned construction area of 2,347.87 hectares and remaining developable area of 1,111.33 hectares[12]. Sales Performance - The total sales area for the third quarter reached 1,541,406.75 square meters, with a sales amount of 3,188,954.78 million yuan[16]. - The cumulative sales area across all projects is 19,429,803.42 square meters, with a total saleable area of 24,002,972.20 square meters[16]. - The total sales area for the Dongguan Songshan Lake Cultural Tourism Complex project reached 95,956.46 square meters, generating sales revenue of 503,338.14 thousand yuan[14]. - The total sales area for the Wuhan Huachao City project reached 262,925.07 square meters, with current sales of 38,537.35 square meters and revenue of 84,485.74 thousand yuan[14]. Leased Area and Occupancy - Total leased area across all projects reached 1,457,929 square meters with a cumulative leased area of 1,247,892 square meters, achieving an average occupancy rate of 85.59%[18]. - The Eastern Industrial Zone in Nanshan, Shenzhen has a total leased area of 149,064 square meters with a leasing rate of 96%[17]. - The "Shunde Happy Coast" project in Shunde District has a total leased area of 182,115 square meters and an occupancy rate of 85%[18].