NUG(SH:600051)2015-10-27 16:00Financial Performance - Operating revenue decreased by 28.66% to CNY 2,179,766,641.72 for the first nine months compared to the same period last year[7]. - Net profit attributable to shareholders increased by 20.26% to CNY 115,188,655.33 year-on-year[7]. - Basic earnings per share rose by 21.09% to CNY 0.379 compared to the same period last year[7]. - The company reported a total profit of approximately $10.28 million for Q3 2015, a decrease of 82.3% from $58.05 million in Q3 2014[36]. - The total comprehensive income for Q3 2015 was approximately -$219.23 million, compared to $135.51 million in Q3 2014, reflecting a significant decline[37]. - The net profit for Q3 was ¥1,813,875.20, compared to a net loss of ¥3,174,352.21 in the same period last year[40]. - The total profit for the year-to-date period was ¥201,705,865.29, a significant recovery from a loss of ¥11,421,883.49 in the previous year[40]. Assets and Liabilities - Total assets increased by 1.34% to CNY 7,776,625,854.36 compared to the end of the previous year[7]. - Current liabilities decreased to CNY 4,169,709,615.99 from CNY 4,484,806,092.09, a reduction of about 7.03%[25]. - Non-current liabilities rose to CNY 1,551,949,470.04 from CNY 1,120,596,659.46, marking an increase of approximately 38.49%[26]. - Total liabilities increased to CNY 5,721,659,086.03 from CNY 5,605,402,751.55, representing a growth of about 2.07%[26]. - Owner's equity totaled CNY 2,054,966,768.33, slightly down from CNY 2,068,271,698.36, indicating a decrease of approximately 0.65%[26]. Cash Flow - Cash flow from operating activities improved, with a net outflow of CNY 65,672,862.04, significantly better than the previous year's outflow of CNY 150,370,367.43[7]. - Cash inflow from financing activities totaled 910,000,000.00 RMB, up from 800,609,600.00 RMB year-on-year[48]. - Cash outflow from financing activities was 1,126,068,045.19 RMB, compared to 691,292,877.79 RMB in the previous year[48]. - Net cash flow from financing activities was -216,068,045.19 RMB, a decline from 109,316,722.21 RMB in the same period last year[48]. - Total cash inflow from operating activities was 68,682,000.53 RMB, compared to 761,380,936.12 RMB in the previous year[47]. - Total cash outflow from operating activities was 191,769,500.45 RMB, down from 780,194,504.92 RMB year-on-year[47]. Shareholder Information - The total number of shareholders reached 33,607 at the end of the reporting period[10]. - Zhejiang Rongsheng Holding Group Co., Ltd. held 29.08% of the shares, amounting to 90,417,600 shares, with a pledge status[10]. Investment and Expenses - Investment income rose by 88.38% to ¥70,381,616.86 from ¥37,362,199.35, mainly due to gains from the disposal of available-for-sale financial assets[18]. - Sales expenses for Q3 2015 were approximately $34.62 million, up 14.5% from $30.36 million in Q3 2014[34]. - Management expenses for Q3 2015 were approximately $34.15 million, down 16.5% from $40.95 million in Q3 2014[34]. - The company reported investment income of approximately $7.41 million for Q3 2015, an increase from $6.39 million in Q3 2014[35]. Changes in Receivables and Inventory - Accounts receivable decreased by 67.76% to ¥72,207,625.27 from ¥223,970,178.88, primarily due to the collection of sales proceeds by a subsidiary[14]. - Prepayments increased by 157.67% to ¥103,880,645.54 from ¥40,314,628.34, mainly due to increased procurement prepayments by a subsidiary[15]. - Other receivables decreased by 49.16% to ¥64,684,981.15 from ¥127,220,746.39, attributed to the collection of export tax refunds by a subsidiary[14]. - Inventory decreased slightly to CNY 525,548.84 from CNY 556,006.73, a reduction of about 5.46%[29]. Future Plans - The company’s management indicated plans for market expansion and new product development in the upcoming quarters[40].