荣安地产(000517) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 2,990,126,280.69, a decrease of 24.59% compared to the same period last year[1]. - The net profit attributable to shareholders for Q3 2023 was CNY 169,645,129.86, down 29.75% year-on-year[1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 214,242,049.26, a decrease of 25.32% compared to the previous year[1]. - The basic earnings per share for Q3 2023 was CNY 0.0533, down 29.68% year-on-year[1]. - The net profit for the third quarter was CNY 1,022,445,970.14, a decrease of 9.6% from CNY 1,131,953,361.31 in the previous year[19]. - Basic earnings per share for the quarter were CNY 0.3208, an increase from CNY 0.2918 in the same period last year[19]. - The company reported investment income of CNY 393,243,581.23, compared to CNY 372,387,584.37 in the previous year, indicating a growth of 5.6%[18]. Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 58,084,273,717.76, reflecting a decrease of 20.80% from the end of the previous year[2]. - Total assets decreased from CNY 73,336,805,491.25 at the beginning of the year to CNY 58,084,273,717.76, a decline of approximately 20.7%[13]. - Total current assets decreased from CNY 69,431,223,951.32 at the beginning of the year to CNY 55,023,824,481.58 by September 30, 2023, a decline of approximately 20.9%[12]. - Total liabilities include contract liabilities of CNY 31,463,465,242.50, down from CNY 38,605,463,402.06 at the beginning of the year, a decrease of approximately 18.5%[13]. - The company's total liabilities decreased significantly, with long-term borrowings down by 52.42% to CNY 3,447,000,000.00[5]. - The total liabilities decreased to CNY 47,576,772,863.36 from CNY 62,548,895,411.79, reflecting a reduction of 24%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,462,162,112.73, a significant decline of 73.88% compared to the same period last year[1]. - The net cash flow from operating activities was CNY 2,462,162,112.73, down 73.9% from CNY 9,427,557,632.18 in the same quarter last year[22]. - The net cash flow from investment activities for Q3 2023 was approximately ¥151.43 million, a decrease from ¥228.64 million in Q3 2022, reflecting a decline of about 33.8%[23]. - The total cash inflow from financing activities in Q3 2023 was approximately ¥3.17 billion, compared to ¥10.43 billion in the same period last year, indicating a decrease of about 69.6%[23]. - The net cash outflow from financing activities for Q3 2023 was approximately -¥6.03 billion, compared to -¥10.04 billion in Q3 2022, showing an improvement of about 40.0%[23]. - The cash and cash equivalents at the end of Q3 2023 stood at approximately ¥4.67 billion, down from ¥9.22 billion at the end of Q3 2022, representing a decrease of about 49.3%[23]. - The total cash outflow from investment activities in Q3 2023 was approximately ¥197.78 million, compared to ¥418.96 million in Q3 2022, reflecting a decrease of about 52.8%[23]. - The cash inflow from borrowing in Q3 2023 was approximately ¥269.50 million, significantly lower than ¥5.79 billion in Q3 2022, indicating a decrease of about 95.4%[23]. - The cash outflow for debt repayment in Q3 2023 was approximately ¥5.10 billion, compared to ¥10.40 billion in the same period last year, showing a reduction of about 51.0%[23]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 35,372[7]. - The largest shareholder, Rong'an Group Co., Ltd., holds 47.93% of shares, totaling 1,525,939,995 shares, with 859,850,000 shares pledged[7]. - Wang Jiufang, a natural person, holds 28.69% of shares, totaling 913,500,000 shares, with 685,125,000 shares under lock-up[7]. Changes in Accounting and Reporting - The company did not undergo an audit for the Q3 2023 report, which may affect the reliability of the financial data presented[24]. - The company has adopted new accounting standards starting in 2023, which may impact the financial reporting and comparisons with previous periods[25]. - The report was published on October 31, 2023, indicating the company's commitment to timely financial disclosures[26]. Operating Costs and Expenses - The company's operating costs increased by 49.13% year-on-year, amounting to CNY 12,199,743,380.07 for the year-to-date[5]. - The total operating costs amounted to CNY 12,807,418,578.46, up 41.5% from CNY 9,047,896,660.21 year-on-year[17]. - Research and development expenses were CNY 20,284,051.22, down from CNY 33,244,972.35 year-on-year, a decrease of 39%[17]. Fair Value Changes - The company reported a fair value change gain of CNY 58,726,522.12, a significant improvement compared to a loss of CNY 141,247,445.41 in the previous year[5].