CREC(SZ:000736)2023-10-29 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥2,787,470,726.56, a decrease of 0.74% compared to the same period last year, and a year-to-date revenue of ¥11,550,337,503.94, down 24.26% year-on-year [2]. - The net profit attributable to shareholders for Q3 2023 was -¥463,188,438.72, a decline of 79.23%, with a year-to-date net profit of -¥1,031,698,648.29, down 492.31% compared to the previous year [2]. - The basic earnings per share for Q3 2023 was -¥0.66, representing an 81.08% decrease, and the diluted earnings per share was also -¥0.66, down 81.08% [2]. - The net profit for Q3 2023 was a loss of ¥957,567,492.44, compared to a profit of ¥125,860,058.64 in Q3 2022 [22]. - The operating profit for the period was a loss of ¥894,970,312.36, contrasting with a profit of ¥251,959,972.48 in the previous year [21]. - The company achieved a total contracted sales amount of RMB 297.02 billion in the first nine months of 2023, a decrease of 14.37% compared to the same period last year [13]. - The company reported a total contracted sales area of 1.34 million square meters in the first nine months of 2023, down 13.49% year-on-year [13]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥143,886,105,587.83, an increase of 4.79% from the end of the previous year [3]. - The total liabilities increased to ¥125,597,146,982.29 from ¥118,265,967,839.76, reflecting a rise of 3.1% [21]. - The equity attributable to shareholders decreased by 31.54% to ¥2,254,357,818.01 compared to the end of the previous year [3]. - The total equity attributable to shareholders decreased to ¥2,254,357,818.01 from ¥3,292,885,709.07, a decline of 31.5% [21]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥4,419,302,711.08, an increase of 17.20% [2]. - The net cash flow from operating activities for the current period is ¥4,419,302,711.08, an increase of 17.2% compared to ¥3,770,849,542.84 in the previous period [25]. - Cash inflow from operating activities totaled ¥24,383,566,835.83, up from ¥20,485,586,074.33, reflecting a growth of 14.7% [25]. - Cash outflow from operating activities increased to ¥19,964,264,124.75 from ¥16,714,736,531.49, representing a rise of 19.5% [25]. - The net cash flow from investing activities is ¥759,561,898.53, a significant improvement from a negative cash flow of ¥2,662,942,829.69 in the previous period [26]. - The net cash flow from financing activities was -¥1,673,070,745.89, an improvement compared to -¥5,671,932,591.22 in the previous period [26]. - The ending balance of cash and cash equivalents increased to ¥12,187,494,144.25 from ¥6,197,529,376.60, marking a growth of 96.4% [26]. Financial Expenses and Income - Financial expenses for Q3 2023 rose by 71.20% to ¥377,703,932.32, mainly due to increased borrowings [8]. - The investment income for Q3 2023 was ¥134,400,331.08, a significant increase of 172.44% compared to the previous year [8]. - The company reported a significant decrease in non-operating income, which fell by 97.59% to ¥6,030,974.84, primarily due to the absence of last year's acquisition-related income [8]. - The financial expenses for the period were ¥377,703,932.32, which is an increase from ¥220,616,434.29 in the previous year [21]. - The investment income for Q3 2023 was ¥134,400,331.08, a significant recovery from a loss of ¥185,525,662.51 in the same period last year [21]. Shareholder Information - The total number of shareholders at the end of the reporting period was 57,545, with the largest shareholder holding 52.32% of the shares [10]. - The company plans to issue up to 208,630,106 shares to specific investors, raising a total of up to RMB 3.5 billion [14]. Tax and Other Payments - The company reported a decrease in tax payments to ¥1,531,704,145.11 from ¥2,260,143,535.25, a reduction of 32.3% [25].