世联行(002285) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥5,796,380.38, an increase of 89.11% year-on-year[7]. - Operating revenue for the reporting period was ¥1,677,714,137.11, representing a year-on-year increase of 6.78%[7]. - The company reported a net profit attributable to shareholders of ¥-68,732,260.03 for the year-to-date, a decrease of 204.48% compared to the same period last year[7]. - The company achieved operating revenue of CNY 447,880.84 million for the first nine months of 2020, a year-on-year decrease of 4.21%[15]. - Net profit attributable to shareholders was CNY -6,873.23 million, down 204.48% year-on-year, primarily due to a 54.03% decline in transaction after-service revenue[15]. - Total operating revenue for Q3 2020 was CNY 1,677,714,137.11, an increase from CNY 1,571,206,723.29 in the same period last year, representing a growth of approximately 6.5%[45]. - Operating profit for Q3 2020 was CNY 42,712,741.37, a significant recovery from a loss of CNY 8,233,580.20 in the same quarter of the previous year[46]. - Net profit for Q3 2020 reached CNY 44,112,172.29, compared to CNY 1,562,654.52 in Q3 2019, showing a substantial increase[46]. - The company reported a total comprehensive income of CNY 9,542,181.19 for Q3 2020, compared to a loss of CNY 294,783.44 in the previous year[47]. - The company reported a total comprehensive income of CNY 312.32 million for the quarter, down from CNY 429.61 million in Q3 2019[58]. Cash Flow - The net cash flow from operating activities was ¥151,942,018.45, a decrease of 61.99% compared to the same period last year[7]. - Cash flow from operating activities decreased by 50.57% year-on-year, with a net cash flow reduction of CNY 35,079.64 million from loan recoveries and disbursements[15]. - Cash flow from operating activities generated a net amount of CNY 437.66 million, a decrease of 50.60% from CNY 885.51 million in the same period last year[59]. - The total cash and cash equivalents decreased by 610,227,562.28 CNY during the quarter, compared to an increase of 127,108,494.09 CNY in the previous year[64]. - The company's cash flow from operating activities was impacted by a decrease in cash paid for goods and services, which was 6,185,332,034.40 CNY compared to 7,210,549,488.92 CNY last year[64]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,388,019,188.01, a decrease of 10.96% compared to the end of the previous year[7]. - The total assets decreased from approximately 11.67 billion yuan at the end of 2019 to about 10.39 billion yuan by September 30, 2020[37]. - Total liabilities decreased to CNY 1,763,446,450.84 from CNY 2,603,344,266.38 year-over-year, reflecting a reduction of approximately 32.3%[43]. - The company's total liabilities were CNY 2,603,344,266.38, with current liabilities at CNY 2,253,295,616.30[74]. - The company reported a total asset value of 11,666,786,817.53 CNY, with total liabilities amounting to 6,243,987,538.76 CNY[68]. Shareholder Information - The total number of shareholders at the end of the reporting period was 54,942[11]. - The largest shareholder, Shijie Real Estate Consulting (China) Co., Ltd., held 29.60% of the shares, totaling 603,238,739 shares[11]. - Basic earnings per share were ¥0.003, a 50.00% increase compared to the previous year[7]. - Basic and diluted earnings per share for Q3 2020 were both CNY 0.003, an increase from CNY 0.002 in the same quarter last year[47]. Revenue Breakdown - The company reported a 6.55% increase in transaction service revenue, reaching CNY 304,409.43 million, while transaction after-service revenue fell by 54.03%[21]. - The South China region's revenue decreased by 3.64% year-on-year, while the East China region saw a decline of 11.05%[23]. - The Central and Southwest regions experienced a revenue increase of 9.50% due to the successful implementation of the Internet+ business model[23]. Investment and Expenses - R&D expenses decreased by 32.55% to CNY 4,748.74 million, reflecting reduced third-party technology collaboration costs[18]. - The company made an investment of CNY 10,400 million in Shanghai Gengying Information Technology Co., Ltd., leading to a 34.09% increase in long-term equity investments[16]. - The company’s financial expenses decreased by 43.51% to CNY 1,729.51 million, mainly due to reduced bank loan interest[17]. - The company reported a decrease in research and development expenses to CNY 15,215,367.80 from CNY 19,595,316.41, a reduction of approximately 22.3%[46]. Other Information - The company reported no significant changes in its operating performance or major contracts during the reporting period[29]. - The report for Q3 2020 was not audited[76]. - The company adjusted its financial statements in accordance with new revenue and leasing standards starting from 2020[66].