GYLS(SH:600059)2014-10-27 16:00Financial Performance - Operating revenue decreased by 17.04% to CNY 920,528,849.61 for the first nine months compared to the same period last year[7]. - Net profit attributable to shareholders decreased by 38.95% to CNY 72,046,857.52 for the first nine months compared to the same period last year[7]. - Basic earnings per share decreased by 41.18% to CNY 0.10 per share[8]. - The company reported a net profit margin improvement, with net profit for the year-to-date period reaching CNY 516,739,116.11, compared to CNY 541,372,539.89 in the same period last year[27]. - The total profit for the first nine months of 2014 reached CNY 51,268,140.45, down 24.5% from CNY 68,004,283.94 in the same period last year[33]. - The company's basic earnings per share for Q3 2014 was CNY 0.01, unchanged from the previous quarter[33]. - The net profit for Q3 2014 was CNY 8,629,541.62, representing a 43.5% increase from CNY 6,010,571.75 in Q3 2013[35]. Assets and Liabilities - Total assets increased by 9.57% to CNY 3,932,006,485.31 compared to the end of the previous year[7]. - The company's total assets as of September 30, 2014, amounted to CNY 3,629,354,636.21, up from CNY 3,059,575,776.64 at the beginning of the year, reflecting a growth of approximately 18.6%[26]. - The total liabilities decreased to CNY 242,089,323.96 in Q3 2014 from CNY 742,319,210.47 in Q3 2013, showing a significant reduction of about 67.3%[27]. - The total non-current liabilities remained stable at CNY 2,130,272.22, indicating effective management of long-term financial obligations[27]. Shareholder Information - Net assets attributable to shareholders increased by 44.33% to CNY 3,591,450,773.46 compared to the end of the previous year[7]. - The total number of shareholders reached 59,645 at the end of the reporting period[12]. - The largest shareholder, China Shaoxing Huangjiu Group Co., Ltd., holds 41.39% of the shares[12]. - The company completed a share placement in June, adding 173,667,802 new shares[8]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY -301,100,573.43, a decrease of 189.94% compared to the same period last year[7]. - Operating cash flow net amount decreased by 189.94% to -¥301,100,573.43 from -¥103,847,773.26, mainly due to reduced operating income and increased payments[16]. - The cash flow from financing activities included 162,950,000.00 RMB from loans, indicating ongoing financing efforts[38]. - The net cash flow from financing activities was 570,613,265.75 RMB, compared to a negative cash flow of -133,008,686.30 RMB in the previous period[38]. - The total cash inflow from financing activities amounted to 1,262,592,169.86 RMB, while cash outflow was 691,978,904.11 RMB, resulting in a net inflow of 570,613,265.75 RMB[38]. Investments and Expenditures - Investment cash flow net amount improved by 18.73% to -¥118,616,634.35 from -¥145,954,706.50, primarily due to increased fixed asset investments[16]. - The company received 1,094,642,169.86 RMB from investment activities, with cash outflow for investments totaling 254,307,365.24 RMB, leading to a net cash flow of -252,389,718.07 RMB[42]. - The cash outflow from investing activities for the first nine months of 2014 was CNY 120,534,281.52, compared to CNY 148,285,024.50 in the same period last year, indicating a reduction in investment spending[37]. Operational Metrics - Cash and cash equivalents increased by 58.16% to ¥410,238,027.12 from ¥259,387,682.93[15]. - Accounts receivable decreased by 46.43% to ¥1,685,871.70 from ¥3,147,245.19[15]. - Prepayments increased significantly by 276.58% to ¥35,913,745.69 from ¥9,536,923.85[15]. - Construction in progress rose by 111.97% to ¥101,980,235.16 from ¥48,109,929.68, attributed to upgrades in the yellow wine industry park[15]. - Short-term borrowings decreased by 99.82% to ¥805,242.04 from ¥447,850,232.58, primarily due to repayment of bank loans[16]. - Accounts payable decreased by 50.33% to ¥194,880,119.57 from ¥392,325,616.41, reflecting increased payments for goods and equipment[16]. - Total operating costs for Q3 2014 were CNY 249,339,424.88, compared to CNY 236,041,519.45 in Q3 2013, indicating an increase of about 5.6%[29]. - The company's operating revenue for Q3 2014 was CNY 145,510,129.67, an increase of 11.5% compared to CNY 130,110,965.01 in the same period last year[33].