招商积余(001914) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥2,812,201,676.67, representing a 33.26% increase compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2021 was ¥134,217,537.07, a decrease of 11.42% from the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥122,236,851.07, down 8.23% year-on-year[6] - The basic earnings per share for Q3 2021 was ¥0.1266, reflecting an 11.41% decline compared to the same period last year[6] - The company achieved an operating revenue of 7.591 billion RMB for the first nine months of 2021, representing a year-on-year growth of 26.98%[25] - The net profit attributable to shareholders of the listed company was 382 million RMB, an increase of 15.78% compared to the same period last year[25] - The net profit for the current period is CNY 340,186,401.68, an increase from CNY 298,644,688.31 in the previous period, representing a growth of approximately 13.9%[56] - The total profit for the current period is CNY 553,101,923.04, compared to CNY 475,029,195.72 in the previous period, indicating an increase of about 16.4%[56] - The basic earnings per share increased to 0.3605 from 0.3114, marking a rise of approximately 15.8%[58] Assets and Liabilities - The total assets as of September 30, 2021, were ¥16,279,503,134.31, an increase of 2.55% from the end of the previous year[6] - Total assets reached 16.705 billion RMB as of September 30, 2021, with net assets attributable to shareholders amounting to 8.539 billion RMB[25] - The total assets as of September 30, 2021, amounted to CNY 16,705,084,640.11, compared to CNY 16,288,947,067.85 at the end of 2020, indicating a growth of approximately 2.5%[42] - The total liabilities as of September 30, 2021, were CNY 8,233,240,859.81, an increase from CNY 7,998,027,262.15 at the end of 2020[48] - The total equity attributable to shareholders of the parent company was CNY 8,539,110,014.72, up from CNY 8,309,303,680.12 in the previous year, representing a growth of about 2.8%[48] - The company's total asset value is approximately $16.29 billion, with non-current assets totaling about $10.54 billion[69] - The total liabilities amounted to approximately $8.00 billion, with current liabilities accounting for about $5.95 billion[72] - The company’s equity totaled approximately $8.29 billion, with a capital reserve of about $3.08 billion[72] Cash Flow - The company reported a net cash flow from operating activities of -¥280,553,087.96 for the year-to-date period[6] - Cash inflows from operating activities totaled CNY 8,646,409,147.79, compared to CNY 7,384,131,091.57 in the previous period, representing an increase of about 17.1%[59] - The company reported a net cash outflow from operating activities of CNY 8,926,962,235.75, compared to CNY 7,673,465,010.74 in the previous period, indicating an increase of about 16.4%[59] - The total cash and cash equivalents at the end of the period stood at $1.66 billion, down from $2.37 billion at the beginning of the period[65] - The company received cash from borrowings amounting to $2.10 billion, significantly higher than $660 million in the previous period[62] - The company paid out $269.43 million in dividends and interest, compared to $250.73 million previously, indicating an increase in cash distributions[62] Investments and Subsidiaries - The company completed a cash purchase of 100% equity in a subsidiary, which constitutes a business combination under common control[3] - The company executed a cash purchase of 100% equity in a subsidiary, which constitutes a business combination under common control[76] - Long-term equity investments decreased by 8.192 million RMB, a decline of 65.96% due to the cancellation of a joint venture[15] - Cash received from investment recoveries was 1.109 billion RMB, marking a 100% increase as it was the first time recovering investments from a joint venture[15] - The company reported a decrease in short-term borrowings to CNY 300,312,111.12 from CNY 360,400,555.55, a reduction of about 16.7%[45] Revenue Streams - The company's property management business achieved revenue of CNY 7.08 billion for the first three quarters of 2021, representing a year-on-year growth of 27.82%[26] - The "DaJiaHui" e-commerce platform generated revenue of CNY 176 million, a staggering year-on-year growth of 527.67%, with a transaction volume of CNY 494 million, up 54.37%[28] - The company signed new annual contracts worth CNY 2.08 billion in the first three quarters, a 15.84% increase compared to the previous year, with non-residential contracts accounting for CNY 1.61 billion[26] - The office sector contributed CNY 1.54 billion in revenue, with a total of 14 new financial property projects signed, amounting to CNY 133 million in new contracts[27] - The company’s specialized services generated a total revenue of CNY 1.32 billion, with the top three services being real estate brokerage, facility management, and construction technology services[34] Operational Metrics - Accounts receivable increased by 90.86% to ¥215,562,000 due to higher operating revenue[11] - The company reported a 1.017 billion RMB in non-operating income, a decrease of 64% compared to the previous year, primarily due to the absence of donations received in the prior period[15] - The gross profit margin for the property management business was 10.00%, a decrease of 1.65% compared to the previous year, while the gross profit margin for non-residential services was 11.47%[31] - The company established four joint ventures in the first half of the year and continued to expand partnerships in the third quarter, focusing on multi-format and urban space services[26] - The company’s customer base includes major clients such as Huawei, Alibaba, and Tencent, with 64 projects under management for these key accounts[26] Expenses - Research and development expenses rose to CNY 15,063,626.89 from CNY 12,889,971.97, reflecting a growth of approximately 16.9%[56] - The company’s management expenses slightly increased to CNY 230,031,872.60 from CNY 229,337,629.05, showing a marginal rise of about 0.3%[56] - The financial expenses decreased to CNY 107,085,130.36 from CNY 133,851,607.23, reflecting a reduction of approximately 20.1%[56] Other Information - The company recognized government subsidies amounting to ¥9,103,379.60 during the reporting period[10] - The third quarter report has not been audited, indicating that the figures may be subject to change[77]