南山控股(002314) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period was RMB 594,024,900.41, a decrease of 71.63% year-on-year[9] - Net profit attributable to shareholders was a loss of RMB 76,581,665.53, down 131.32% from the same period last year[9] - Basic earnings per share were -0.0283 RMB, a decrease of 131.34% year-on-year[9] - The company's net profit for the current period was CNY -67,531,582.49, compared to a profit of CNY 71,642,088.26 in the previous period, reflecting a negative shift in profitability[63] - The total profit for the current period is a loss of CNY 97,829,199.57, significantly down from a profit of CNY 488,620,266.46 in the previous period[71] - The company's operating profit for the current period is a loss of CNY 100,187,776.81, compared to a profit of CNY 487,725,478.49 in the previous period[71] - The company reported a significant increase in interest expenses, which rose to CNY 105,680,321.35 from CNY 82,277,286.33, an increase of approximately 28.5%[64] - The company incurred a loss of CNY 54,309,942.32 in net profit for the current period, compared to a profit of CNY 3,382,162.79 in the previous period[78] Assets and Liabilities - Total assets reached RMB 36,146,807,914.19, an increase of 14.58% compared to the end of the previous year[9] - Total liabilities increased to ¥25,213,814,888.96 from ¥20,734,395,909.99[52] - The company's non-current assets totaled ¥14,170,031,996.10, up from ¥12,518,926,161.59[47] - The company reported a significant increase in inventory, which rose to ¥13,238,102,929.45 from ¥11,047,877,840.88[44] - The total liabilities increased to CNY 6,285,462,295.67 from CNY 5,892,352,028.18, marking an increase of about 6.67%[60] - The total assets of the company reached CNY 13,464,709,473.47, an increase from CNY 13,204,737,334.05, showing a growth of approximately 1.96%[63] Cash Flow - Cash flow from operating activities showed a net outflow of RMB 577,695,246.83, a decline of 165.80% compared to the previous year[9] - Cash received from investment activities rose by 225.41% to ¥471.36 million, due to increased loan recoveries from joint ventures[28] - Cash paid for fixed assets increased by 55.50% to ¥1.56 billion, primarily for land and project payments[28] - Cash used for debt repayment increased by 80.05% year-on-year, totaling ¥6,405,538,961.67, mainly due to higher repayments of bank and related party loans[31] - Cash inflow from operating activities totaled 7,209,849,047.86 CNY, slightly up from 7,166,832,252.18 CNY year-over-year[96] - Net cash flow from operating activities was -355,198,647.04 CNY, worsening from -265,504,083.66 CNY year-over-year[96] Shareholder Information - The total number of shareholders at the end of the reporting period was 51,298[14] - The largest shareholder, China Nanshan Development (Group) Co., Ltd., holds 50.58% of the shares[14] Investment and Income - Non-operating income for the year-to-date amounted to RMB 12,068,674.99, primarily from the disposal of subsidiaries and government subsidies[13] - Investment income skyrocketed by 838.68% to ¥60.99 million, due to increased profits from joint ventures[28] - The company reported a credit impairment loss of CNY -3,340,893.16 for the current period, with no losses reported in the previous period[71] Expenses - Total operating costs amounted to CNY 700,288,361.46, down from CNY 1,636,256,801.41, indicating a reduction of about 57.3%[64] - The company reported a significant increase in tax expenses, totaling approximately ¥178.61 million compared to ¥522.57 million in the previous period[81] - The company's management expenses for the current period are CNY 23,005,162.16, an increase from CNY 19,365,504.89 in the previous period[75] Other Financial Metrics - The company reported a weighted average return on net assets of -0.81%[9] - The fair value of financial assets measured at fair value was ¥60,000,000, with no changes in fair value recognized during the period[34] - The company has implemented a new expected credit loss model for accounts receivable as of January 1, 2019, in accordance with new financial instrument standards[130]