NJGK(600064)2020-10-29 16:00Financial Performance - Operating revenue surged by 98.20% to CNY 2,407,474,211.58 for the first nine months of the year[13] - Net profit attributable to shareholders rose by 23.75% to CNY 1,812,203,712.32 year-on-year[13] - Basic and diluted earnings per share increased by 23.71% to CNY 1.466[13] - The company reported a total of CNY 118,981,331.02 in non-recurring gains and losses for the period from July to September[17] - Total revenue for Q3 2020 was CNY 285,248,082.82, a decrease of 34.9% compared to CNY 438,597,195.86 in Q3 2019[58] - Net profit for Q3 2020 was CNY 290,200,564.53, down from CNY 362,977,338.38 in Q3 2019, representing a decline of 20.0%[58] - The company's net profit for Q3 2020 was CNY 393,858,419.31, an increase from CNY 278,143,640.00 in Q3 2019, representing a growth of approximately 41.5%[62] - The total comprehensive income for Q3 2020 was CNY 348,955,314.94, compared to CNY 276,359,354.40 in Q3 2019, indicating an increase of about 26.2%[62] Cash Flow - Net cash flow from operating activities decreased significantly to -CNY 2,038,522,472.56, compared to CNY 1,261,864,885.50 in the same period last year[13] - Cash and cash equivalents decreased by 60.50% to ¥983,793,024.78 from ¥2,490,894,025.13 year-over-year[21] - Cash flow from operating activities showed a net outflow of ¥2,038,522,472.56, a significant decline from a net inflow of ¥1,261,864,885.50 in the previous year[76] - Cash inflow from investment activities totaled ¥1,447,360,882.10, while cash outflow was ¥1,575,903,004.54, resulting in a net cash outflow of ¥128,542,122.44[76] - Cash flow from financing activities generated a net inflow of ¥645,530,134.65, compared to a net outflow of ¥988,022,155.16 in the previous year[78] - The ending balance of cash and cash equivalents was ¥961,011,727.65, down from ¥2,715,586,509.84 in the previous year[78] Assets and Liabilities - Total assets increased by 6.48% to CNY 30,964,836,293.63 compared to the end of the previous year[13] - The total liabilities increased to CNY 17,089,100,113.57 from CNY 16,483,284,043.94, reflecting an increase of approximately 3.7%[49] - The company's inventory rose significantly to CNY 11,221,852,082.39 from CNY 9,797,615,009.17, marking an increase of approximately 14.5%[43] - The accounts receivable decreased to CNY 634,507,899.25 from CNY 766,200,785.35, a decline of about 17.2%[43] - The company's total equity increased to CNY 13,875,736,180.06 from CNY 12,597,871,258.49, indicating a growth of approximately 10.1%[49] Shareholder Information - The number of shareholders at the end of the reporting period was 50,313, with the largest shareholder holding 34.74% of the shares[19] - The company's retained earnings as of September 30, 2020, were CNY 10,500,525,377.70, up from CNY 9,240,219,550.02, reflecting an increase of about 13.6%[49] Operational Insights - The company experienced a decrease in cash inflow from real estate sales due to a decline in sales volume, impacting cash flow[16] - The company achieved a contract sales area of 91,900 square meters, an increase of 36.55% year-over-year[29] - The total rental income from real estate for the first nine months was ¥4,777.49 million, with significant contributions from commercial and industrial properties[35] - The company reported a 104.42% increase in operating costs to ¥1,440,730,154.85, driven by higher sales in real estate development[24] Future Outlook - The company has not disclosed any new product developments or market expansion strategies in this report[20] - The company plans to focus on market expansion and new product development in the upcoming quarters[57]