UKF(000514)2024-10-28 10:37Financial Performance - The company's operating revenue for Q3 2024 was ¥111,410,821.28, representing a 72.35% increase compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥12,656,254.48, a decrease of 2,361.13% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥21,255,326.79, reflecting a decline of 112.98% compared to the previous year[2]. - The net profit for the third quarter was -54,584,827.95, a decrease of 616.76% compared to -7,615,522.59 in the previous year[7]. - The total profit amounted to -83,353,187.28, reflecting a decline of 910.50% from -8,248,723.28 year-on-year[6]. - The basic earnings per share for Q3 2024 was -¥0.0150, a decline of 2,399.94% year-on-year[2]. - The diluted earnings per share for Q3 2024 was also -¥0.0150, reflecting a similar decline of 2,399.94% compared to the previous year[2]. - The net profit for Q3 2024 was -37,403,470.59 CNY, compared to -22,495,150.79 CNY in the same period last year, indicating a significant increase in losses[36]. - Operating profit for Q3 2024 was -55,582,428.67 CNY, worsening from -27,976,405.49 CNY year-over-year[36]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥192,155,353.62, an increase of 189.09% year-on-year[2]. - Cash flow from operating activities generated a net inflow of 192,155,353.62 CNY, a recovery from a net outflow of -215,685,104.03 CNY in the previous year[37]. - Cash inflow from financing activities totaled 1,111,369,480.25, an increase from 614,825,016.61 in the prior period[40]. - The cash and cash equivalents at the end of the period totaled 638,626,239.92 CNY, down from 867,398,683.49 CNY year-over-year[38]. - The net increase in cash and cash equivalents was 143,400,088.16, compared to 104,536,744.75 in the previous period[40]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥7,903,143,984.66, down 1.89% from the end of the previous year[2]. - Total liabilities decreased to CNY 2,768,988,882.30 from CNY 2,906,519,423.68 year-on-year[32]. - Total equity decreased to CNY 3,425,515,810.15 from CNY 3,473,044,512.69 in the previous year[32]. - Long-term borrowings increased from CNY 384,981,729.19 to CNY 691,751,143.83, an increase of approximately 79.56%[29]. Shareholder Information - The number of common shareholders at the end of the reporting period was 46,321[8]. - The largest shareholder, Chongqing Urban Construction Investment Group, holds 63.19% of the shares, totaling 533,149,099[8]. - The company approved a cash dividend of RMB 0.12 per 10 shares based on a total share capital of 843,770,965 shares for the fiscal year 2023[14]. Investments and Financial Strategy - The company reported non-recurring gains of ¥8,599,072.31 for the current period, with a year-to-date total of ¥26,117,621.25[4]. - The company plans to continue focusing on the development of investment properties and improving financial performance in the upcoming quarters[7]. - The company is exploring market expansion strategies through the issuance of new shares to specific investors[15]. - The company has engaged in a series of loan agreements to support its subsidiaries' working capital needs, totaling RMB 2.64 million in guarantees[12]. Management and Governance - The company’s board of directors elected a new chairman, Mr. Chen Ye, on September 5, 2024[17]. - The company has undergone changes in senior management, which may impact strategic direction and operational execution[53]. - The company held its 2023 annual performance briefing, inviting questions from stakeholders to enhance transparency[24]. Legal and Compliance - The company has been actively involved in the management of its subsidiaries' legal matters, indicating a focus on risk management[23]. - The company has not disclosed any related party relationships among its top ten shareholders[9]. - The company is focused on maintaining compliance with regulatory requirements, as shown by the announcements regarding shareholder meetings and resolutions[67].