津滨发展(000897) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 390,087,582.91, representing a significant increase of 496.02% year-on-year[9] - Net profit attributable to shareholders of the listed company reached CNY 16,653,966.91, up 273.43% compared to the same period last year[9] - Basic earnings per share were CNY 0.0103, reflecting a 232.05% increase year-on-year[9] - The company reported a significant increase in net profit excluding non-recurring items, which was CNY 13,002,773.64, up 226.97% year-on-year[9] - Total operating revenue for the first nine months of 2020 reached CNY 1,195,203,652.74, a significant increase of 642.95% compared to CNY 160,873,062.37 in the same period of 2019, mainly due to revenue recognition from the Tianhui Hongshuwan B2 area[20] - Net profit for the period was CNY 17,903,740.69, contrasting with a net loss of CNY 15,307,394.32 in the same period last year[42] - The company reported a profit before tax of CNY 26,881,593.01, compared to a loss of CNY 14,293,276.90 in the previous year[42] - The total comprehensive income for the period was CNY 17,903,740.69, compared to a comprehensive loss of CNY 15,307,394.32 last year[43] - The net profit for the third quarter was CNY 200,171,018.07, compared to a net loss of CNY 40,102,437.18 in the previous year, indicating a turnaround in performance[50] - The total profit for the third quarter was CNY 227,725,617.10, recovering from a loss of CNY 38,689,205.14 in the same quarter last year[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,671,415,180.26, a decrease of 3.39% compared to the end of the previous year[9] - The total assets decreased from CNY 6,905,563,840.68 at the end of 2019 to CNY 6,671,415,180.26 as of September 30, 2020, reflecting a decline of approximately 3.39%[35] - The total liabilities decreased from CNY 5,609,549,638.82 to CNY 5,175,229,960.33, indicating a reduction of about 7.71%[34] - Current liabilities totaled CNY 4,667,947,998.42, down from CNY 5,602,254,968.91, a decrease of about 16.67%[34] - The company's total equity rose from CNY 1,296,014,201.86 to CNY 1,496,185,219.93, an increase of approximately 15.5%[35] - The total current assets were CNY 1,076,305,021.23, while total non-current assets were CNY 2,364,607,955.03[70] Cash Flow - Cash flow from operating activities was CNY 230,147,359.16, down 23.85% compared to the previous year[9] - The cash flow from sales of goods and services received is CNY 99,122,132.33, a substantial increase from CNY 1,610,942.05 in the previous period[60] - The total cash inflow from operating activities is CNY 1,906,571,589.11, while cash outflow is CNY 1,462,014,802.95, resulting in a positive cash flow from operations[60] - The cash inflow from financing activities is CNY 125,000,000.00, with cash outflow totaling CNY 503,294,079.88, leading to a net cash flow of -CNY 378,294,079.88[62] - The total cash and cash equivalents at the end of the period is CNY 103,968,428.34, compared to CNY 246,398,954.42 at the end of the previous period[62] Shareholder Information - The total number of shareholders at the end of the reporting period was 116,313[13] - The company did not engage in any share repurchase transactions during the reporting period[16] Non-Recurring Items - Non-recurring gains and losses totaled CNY 131,521,861.78, primarily from the disposal of 100% equity in Tianpeng Company[11] - Investment income skyrocketed by 30,285.86% to CNY 68,996,504.75 from CNY 227,067.78, attributed to the sale of 100% equity in Tianpeng Company[20] Operational Costs - Operating costs rose by 765.73% to CNY 977,616,131.13 from CNY 112,923,543.22, corresponding to the revenue recognition from the Tianhui Hongshuwan B2 project[20] - The company reported a significant decrease in sales expenses, which were CNY 10,904,129.07, down from CNY 15,952,219.12 in the previous period[41] Tax and Financial Expenses - The company reported a net profit tax expense of CNY 27,554,599.03, a staggering increase of 1,849.76% compared to CNY 1,413,232.04, due to profitability during the reporting period[20] - Tax expenses for the period totaled CNY 8,977,852.32, up from CNY 1,014,117.42 in the previous year[42] - The financial expenses for the period were reported as CNY -4,981,497.25, indicating a reduction in costs compared to CNY 751,998.74 last year[41] Borrowings - Short-term borrowings decreased by 77.01% to CNY 100,000,000.00 from CNY 435,000,000.00, primarily due to repayment of maturing debts[20] - Long-term borrowings of CNY 500,000,000.00 were obtained during the reporting period, indicating new financing[20]