华丽家族(600503) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 25.59% to CNY 200,412,819.42 for the year-to-date period[6] - Net profit attributable to shareholders decreased by 199.51% to CNY -35,862,136.88 for the year-to-date period[7] - Basic and diluted earnings per share were both CNY -0.0224, a decrease of 199.56%[7] - The company reported a significant decrease in investment income due to reduced sales area from real estate project handovers[7] - Investment income dropped by 55.02% to CNY 51,803,778.01, as the company did not receive the profit distribution from Xiamen International Bank for the current period[14] - The company reported a decrease in operating costs by 31.44% to CNY 115,962,200.58, attributed to a reduction in the area sold for the Suzhou Taihu Shangjing Garden project[14] - Net profit for Q3 2019 was a loss of ¥27,235,648.11, compared to a profit of ¥20,099,950.83 in Q3 2018, indicating a significant decline in profitability[25] - The company reported an investment income of ¥10,708,594.22 in Q3 2019, down from ¥76,214,179.70 in Q3 2018, a decrease of 86.9%[24] - The total comprehensive income attributable to shareholders of the parent company was a loss of ¥23,059,135.10 in Q3 2019, compared to a profit of ¥24,644,990.30 in Q3 2018[25] Assets and Liabilities - Total assets increased by 11.24% to CNY 8,082,834,967.56 compared to the end of the previous year[6] - The company’s total assets as of September 30, 2019, were reported at CNY 4,000,000,000, reflecting the financial position at the end of the quarter[16] - Current liabilities rose to ¥3,402,347,416.87, compared to ¥2,477,413,266.01, indicating an increase of about 37.2%[19] - Total liabilities reached ¥4,273,112,026.95, up from ¥3,399,331,943.32, marking an increase of around 25.7%[19] - The company’s total liabilities increased significantly, with accounts payable rising by 116.61% to CNY 321,227,331.82, due to increased payable engineering costs for the Suzhou Taihu Shangjing Garden project[14] - The total liabilities increased to ¥1,470,542,916.06 in Q3 2019 from ¥1,407,165,193.69 in Q3 2018, reflecting a growth of 4.5%[24] - Total equity reached CNY 3,866,678,479.77, including CNY 1,602,290,000.00 in paid-in capital and CNY 805,017,418.40 in undistributed profits[41] - The company’s total current liabilities included CNY 126,587,170.28 in taxes payable and CNY 11,172,584.92 in employee compensation payable[41] Cash Flow - Net cash flow from operating activities decreased by 116.77% to CNY -110,627,543.91 for the year-to-date period[6] - The cash flow from operating activities for the first three quarters of 2019 was -¥110,627,543.91, a sharp decline from ¥659,870,733.79 in the same period of 2018[32] - The company reported a significant decrease in cash received from operating activities, totaling CNY 633,281,211.09 for the first three quarters of 2019, compared to CNY 1,470,869,560.48 in the previous year, a decline of approximately 57.0%[36] - The company’s cash flow from financing activities showed a net outflow of CNY 151,542,146.65 in the third quarter, compared to a net outflow of CNY 353,093,216.18 in the previous year[37] - The cash flow from investment activities for the first three quarters of 2019 was negative, with a net cash flow of -CNY 512,110,343.79, indicating increased investment expenditures[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 180,869[10] - The largest shareholder, Shanghai Nanjing Group Co., Ltd., held 7.12% of shares, totaling 114,020,000 shares, which are pledged[10] - The second largest shareholder, Shanghai Zexi Zengxu Investment Center, held 5.62% of shares, totaling 90,000,000 shares, which are frozen[10] Inventory and Receivables - The company’s inventory increased by 35.26% to CNY 3,480,106,077.68, reflecting the growth in inventory related to the Suzhou Taihu Shangjing Garden project[14] - Other receivables surged by 277.65% to CNY 82,098,052.83, mainly attributed to the increase in maintenance fund payments for the Suzhou Taihu Shangjing Garden project[14] - The company reported a significant increase in prepayments, rising by 212.38% to CNY 14,854,431.65, primarily due to increased prepayments for the Suzhou Taihu Shangjing Garden project[14]