CISC(SH:601005)2015-10-29 16:00Financial Performance - Operating revenue for the first nine months decreased by 28.16% to CNY 6,721,851,000 compared to the same period last year[6]. - Net profit attributable to shareholders was CNY -3,208,442,000, a decrease of 58.95% compared to the same period last year[7]. - Basic and diluted earnings per share were both CNY -0.721, a decrease of 101.96% compared to the same period last year[7]. - Total revenue for the third quarter was CNY 2,207,038, a decrease of 33.7% compared to CNY 3,331,347 in the same period last year[27]. - Operating revenue for Q3 2015 was 2,032,806 thousand RMB, a decrease of 38.5% compared to 3,309,126 thousand RMB in Q3 2014[32]. - Net profit for Q3 2015 was -996,047 thousand RMB, compared to -567,187 thousand RMB in Q3 2014, reflecting a worsening loss[33]. - Total comprehensive income for Q3 2015 was -996,047 thousand RMB, compared to -567,187 thousand RMB in Q3 2014[33]. - Basic and diluted earnings per share for Q3 2015 were both -0.225 RMB, compared to -0.128 RMB in Q3 2014[33]. Assets and Liabilities - Total assets decreased by 4.68% to CNY 44,945,561,000 compared to the end of the previous year[6]. - Current liabilities totaled 27.32 billion RMB, an increase from 26.86 billion RMB at the beginning of the year[22]. - The company's total liabilities reached 38.15 billion RMB, up from 37.16 billion RMB at the beginning of the year[22]. - The company's total equity decreased to CNY 6,772,612 from CNY 9,971,463, a drop of 32.9%[25]. - Cash and cash equivalents at the end of Q3 2015 were 19,328 thousand RMB, down from 286,452 thousand RMB at the end of Q3 2014[37]. Cash Flow - Net cash flow from operating activities for the first nine months was CNY -1,413,062,000, not applicable for comparison[6]. - Cash flow from operating activities for the first nine months of 2015 was -1,413,062 thousand RMB, down from 2,397,149 thousand RMB in the same period last year[36]. - Operating cash inflow for the first nine months of 2015 was 7,733,288 thousand RMB, down 34.3% from 11,735,066 thousand RMB in the same period last year[35]. - Total cash inflow from operating activities decreased to 7,255,924 from 11,645,308 year-over-year, representing a decline of approximately 37.5%[38]. - Cash outflow from operating activities was 8,669,316, down from 9,246,250, indicating a reduction of about 6.2%[38]. - Investment activities generated a net cash flow of 413,944 thousand RMB in the first nine months of 2015, compared to -2,336,107 thousand RMB in the same period last year[36]. - Financing activities generated a net cash flow of 844,755 thousand RMB in the first nine months of 2015, compared to -290,020 thousand RMB in the same period last year[36]. Shareholder Information - The total number of shareholders at the end of the reporting period was 226,503[11]. - The largest shareholder, Chongqing Iron and Steel Group Co., Ltd., held 47.27% of the shares[11]. Legal and Regulatory Issues - As of September 30, 2015, the company is involved in 44 litigation cases with a total claim amount of approximately 720 million RMB, including 20 cases that have reached settlement for about 350 million RMB[14]. - The company expects to continue facing losses until the next reporting period due to the challenging steel market and heavy financial burdens from relocation[16]. Government Support - The company received government subsidies amounting to CNY 9,919,000 during the first nine months[8].