CITYCHAMP DT(SH:600067)2014-10-29 16:00Financial Performance - Operating revenue decreased by 21.65% to CNY 4.63 billion for the first nine months compared to the same period last year[6] - Net profit attributable to shareholders decreased by 73.81% to CNY 340.82 million for the first nine months compared to the same period last year[6] - Basic earnings per share decreased by 73.64% to CNY 0.29[7] - The weighted average return on equity decreased by 24.22 percentage points to 6.99%[6] - Total revenue for the third quarter was CNY 1,043,571,406.33, a decrease of 32.7% compared to CNY 1,552,702,721.50 in the same period last year[38] - The net profit for Q3 2014 was ¥86,896,103.11, down from ¥131,568,070.04 in the same period last year, representing a decline of 33.9%[44] - The total profit for Q3 2014 was ¥87,187,135.83, compared to ¥132,210,386.21 in Q3 2013, reflecting a decrease of 34.0%[44] Assets and Liabilities - Total assets increased by 20.55% to CNY 18.95 billion compared to the end of the previous year[6] - The total assets of the company as of September 30, 2014, amounted to CNY 18,948,429,657.81, an increase from CNY 15,717,764,882.65 at the beginning of the year[28] - The company's current assets reached CNY 14,720,153,337.28, up from CNY 13,740,701,396.59 at the start of the year[29] - The company's total liabilities as of September 30, 2014, were CNY 12,475,552,267.51, compared to CNY 9,631,014,572.13 at the beginning of the year[30] - Total liabilities increased to CNY 5,963,761,414.73 from CNY 3,339,919,867.96, representing a rise of 78.1%[35] Cash Flow - Cash flow from operating activities showed an improvement, with a net cash outflow of CNY 17.43 million compared to CNY 76.52 million in the same period last year[6] - The company's operating cash flow showed a net outflow of RMB 17,434,124.92, an improvement compared to the previous year's outflow of RMB 76,523,077.88[17] - Cash inflow from operating activities for the first nine months was CNY 5,795,113,978.63, up from CNY 5,160,765,146.45, indicating a growth of about 12.3%[48] - Cash inflow from financing activities was CNY 5,851,731,887.18, significantly higher than CNY 2,670,285,088.70 in the previous year, marking an increase of approximately 119.5%[49] - Cash inflow from investment activities was CNY 67,700,004.13, compared to CNY 13,535,076.67 in the previous year, showing a significant increase of approximately 397.5%[51] Shareholder Information - The total number of shareholders at the end of the reporting period was 58,677[11] - The largest shareholder, Fujian Fengrong Investment Co., Ltd., held 34.99% of the shares, totaling 416,524,279 shares[11] - The company’s major shareholder, Fujian Fengrong Investment Co., Ltd., has committed to increasing its stake by up to 2% of the total issued shares within 12 months[21] Investment and Projects - The company is focusing on market expansion and new product development as part of its future strategy[6] - The company has ongoing projects with a total land area of 284.51 thousand square meters and a total construction area of 520.74 thousand square meters[19] - The company has completed projects with a total saleable area of 354.96 thousand square meters, achieving sales of RMB 16.24 million in the current period[19] - The company has a project in Beijing with a total investment of RMB 46 million, which has achieved cumulative sales of RMB 40.81 million[18] - The company is currently constructing a project in Nanjing with a total investment of RMB 46 million, with cumulative sales of RMB 17.96 million[18] Financial Ratios and Reserves - The company reported a government subsidy of CNY 15.55 million for the first nine months, primarily from industrial promotion policies[9] - The company issued convertible bonds, resulting in an increase in capital reserve by 50.39% to RMB 193,685,376.80[17] - The capital reserve increased to CNY 193,685,376.80 from CNY 128,791,710.18[30] - The company reported a net profit of CNY 3,445,790,756.80 in retained earnings, up from CNY 3,104,968,295.92[31]