SANY(SH:600031)2015-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 18,486,529, down 30.86% year-on-year[7] - Net profit attributable to shareholders was CNY 38,468, a decrease of 97.58% compared to the same period last year[7] - The net cash flow from operating activities was CNY 653,175, a significant decline of 75.65% year-on-year[7] - Basic and diluted earnings per share were CNY 0.01, a decrease of 97.58% compared to the same period last year[8] - Total operating revenue for Q3 was 4,789,677 thousand RMB, a decrease of 31.5% compared to 7,017,131 thousand RMB in the same period last year[36] - The net profit for Q3 was -304,347 thousand RMB, compared to a net profit of 235,949 thousand RMB in the same period last year, indicating a significant decline[37] - The total profit for Q3 was -372,764 thousand RMB, a decrease from a profit of 281,544 thousand RMB in the previous year[37] - For the first nine months of the year, total operating revenue was 18,486,529 thousand RMB, a decline of 30.9% from 26,738,608 thousand RMB year-over-year[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 60,197,891, a decrease of 4.46% compared to the end of the previous year[7] - Short-term borrowings increased by 55.06% to RMB 7,135,821, while non-current liabilities due within one year decreased by 75.88% to RMB 933,119[13] - The company's cash and cash equivalents decreased by 56.35% to RMB 2,640,333 compared to the end of the previous year[13] - Total liabilities decreased from 38,268,616 thousand RMB to 36,540,659 thousand RMB, a decline of approximately 4.5%[28] - Owner's equity decreased from 24,740,829 thousand RMB to 23,657,232 thousand RMB, a decrease of about 4.4%[28] - Current liabilities increased slightly from 20,573,745 thousand RMB to 20,849,625 thousand RMB, an increase of about 1.3%[28] Cash Flow - The net cash flow from operating activities was CNY 653,175, down 76.7% from CNY 2,682,744 year-on-year[43] - Cash outflow from investing activities was CNY 736,018, significantly lower than CNY 2,464,188 in the previous year, resulting in a net cash inflow of CNY 434,227 from investing activities[43] - Cash inflow from financing activities totaled CNY 12,321,309, an increase from CNY 11,487,698 in the previous year, while cash outflow was CNY 15,922,858, up from CNY 11,910,716[43] - The net cash flow from financing activities was negative at CNY -3,601,549, compared to CNY -423,018 in the same period last year[43] - The ending balance of cash and cash equivalents was CNY 2,025,051, down from CNY 6,063,035 at the end of the previous year[43] Shareholder Information - The total number of shareholders at the end of the reporting period was 569,517[10] - The largest shareholder, SANY Group Co., Ltd., held 46.17% of the shares[11] Government and Other Income - Government subsidies recognized in the current period amounted to CNY 121,663[8] - Non-operating income and expenses included a loss of CNY 120,057 from fair value changes of financial assets[8] - Investment income decreased by 87.01% to RMB 37,259, primarily due to reduced gains from foreign exchange contracts[14] Financial Expenses - The company's financial expenses increased by 29.10% to RMB 1,142,480, influenced by significant fluctuations in exchange rates[14] - The company experienced a significant increase in financial expenses, which reached 388,363 thousand RMB in Q3, compared to 159,120 thousand RMB in the previous year[36] Future Plans - The company received approval from the China Securities Regulatory Commission to issue convertible bonds totaling up to RMB 4.5 billion[18] - The company plans to integrate existing engineering machinery products and businesses into the listed company, ceasing the development of new products by the parent company[20] - The company plans to repurchase up to 2% of its total issued shares, with a minimum investment of RMB 700 million[23]