南国置业(002305) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥643,820,088.51, a decrease of 53.11% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥190,285,021.88, representing a decline of 123.49% year-on-year[3]. - The basic earnings per share were -¥0.1097, down 123.42% from the previous year[3]. - Total revenue for the third quarter was CNY 1.63 billion, a significant decrease of 44.4% compared to CNY 2.93 billion in the same period last year[17]. - The net profit attributable to the parent company decreased to CNY 169.05 million, down from CNY 782.81 million, a decline of approximately 78.4%[15]. - The net profit for Q3 2021 was -659,192,120.75 CNY, compared to -369,947,910.52 CNY in the same period last year, indicating a significant increase in losses[18]. - The total operating profit for Q3 2021 was -666,916,816.75 CNY, which is a decline from -355,036,397.94 CNY year-over-year[18]. - The total comprehensive income attributable to the parent company was -613,759,879.29 CNY, compared to -384,435,931.50 CNY in the same period last year[19]. Assets and Liabilities - Total assets increased by 14.51% to ¥34,327,471,604.27 compared to the end of the previous year[3]. - Total assets increased to CNY 34.33 billion as of September 30, 2021, up from CNY 29.98 billion at the end of 2020, representing a growth of approximately 14.8%[14]. - Current assets totaled CNY 31.09 billion, an increase of 11.3% from CNY 27.89 billion in the previous period[14]. - Total liabilities rose to CNY 29.16 billion, an increase of 20.5% from CNY 24.15 billion in the previous period[15]. - Current liabilities reached approximately ¥18.22 billion, with contract liabilities at ¥6.60 billion[25]. - Non-current liabilities totaled about ¥5.93 billion, including long-term borrowings of ¥3.74 billion and bonds payable of ¥2.19 billion[26]. - The company reported a significant increase in contract liabilities, which reached CNY 9.17 billion, up from CNY 6.60 billion, representing a growth of 38.5%[15]. - The company reported a significant amount of accounts payable at approximately ¥1.69 billion[25]. - The total liabilities amounted to approximately ¥24.15 billion, reflecting the company's financial obligations[26]. Cash Flow - Operating cash flow net amount for the year-to-date was -¥1,072,926,015.99, a decrease of 423.54%[3]. - Cash flow from operating activities showed a net outflow of -1,072,926,015.99 CNY, contrasting with a net inflow of 331,624,799.26 CNY in the previous year[22]. - The total cash inflow from financing activities was 18,341,550,000.00 CNY, compared to 7,532,616,531.38 CNY in the same period last year, reflecting a substantial increase[22]. - The total cash inflow from operating activities was 4,940,172,367.75 CNY, compared to 4,040,338,030.95 CNY in the same period last year[21]. - The total liabilities increased significantly, with cash outflow for financing activities amounting to 18,268,039,958.03 CNY, compared to 7,105,311,501.76 CNY in the previous year[22]. Expenses - Sales expenses increased by 73.95% year-on-year, primarily due to higher advertising and sales commission costs[6]. - Management expenses surged by 159.48% compared to the previous year, mainly due to increased fees from intermediary agencies[7]. - Financial expenses rose by 55.42% year-on-year, attributed to increased interest expenses[8]. Investments - Investment income increased by 35.26% year-on-year, mainly from equity method accounting for investments in joint ventures and associates[8]. - Long-term equity investments increased to CNY 2.06 billion, up from CNY 1.32 billion, marking a growth of 55.8%[14]. - The company received 1,094,024,503.05 CNY from investment activities, an increase from 596,611,889.86 CNY in the previous year[22]. Other Financial Information - The company adopted new leasing standards from January 1, 2021, impacting financial reporting without retrospective adjustments[26]. - The third-quarter report was not audited, indicating preliminary financial results[28]. - The company has a deferred tax asset of approximately ¥13.81 million, indicating potential future tax benefits[25]. - The report highlights a total of ¥1.24 billion in capital reserves, contributing to the overall equity structure[26]. - Cash and cash equivalents slightly increased to CNY 3.12 billion from CNY 3.10 billion, showing a marginal growth of 0.05%[14]. - Cash and cash equivalents at the end of the period were 3,012,936,109.32 CNY, down from 3,443,805,001.30 CNY at the end of the previous year[23]. - Total equity stood at approximately ¥5.83 billion, with attributable equity to shareholders of the parent company at around ¥4.02 billion[26].