SMAC(SH:600073)2015-10-30 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 108,717,047.63, down 14.92% year-on-year[7]. - Operating revenue for the first nine months was CNY 9,151,840,497.99, representing a decrease of 7.57% compared to the same period last year[7]. - Basic earnings per share decreased to CNY 0.116, down 14.70% from the previous year[9]. - Total revenue decreased by 7.57% to ¥915,184.05 million year-on-year, attributed to a decline in trade-related business income[17]. - Total operating revenue for Q3 2015 was CNY 283,671,751.42, a slight decrease from CNY 285,270,357.91 in Q3 2014[35]. - Year-to-date revenue for the first nine months of 2015 reached CNY 9,151,840,497.99, down from CNY 9,901,063,968.69 in the same period last year, reflecting a decline of 7.5%[29]. - Total profit for the first nine months of 2015 was CNY 57,575,328.21, compared to CNY 20,190,003.82 in the same period last year[35]. - The company’s total operating costs for the first nine months of 2015 were CNY 661,431,213.99, down from CNY 681,648,858.64 in the same period last year[35]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,277,486,168.24, a decrease of 5.08% compared to the end of the previous year[7]. - Total liabilities decreased to CNY 1,361,180,539.03 from CNY 1,478,351,888.30 at the beginning of the year, indicating a reduction of approximately 8.0%[26]. - Non-current assets increased to CNY 2,585,925,164.86 from CNY 2,198,948,799.71, representing a growth of 17.6%[25]. - Cash and cash equivalents decreased to CNY 480,619,375.68 from CNY 849,788,612.72, a decline of 43.4%[24]. - Accounts receivable increased by 26.17% to ¥86,778.60 million compared to the beginning of the period, primarily due to an increase in uncollected sales revenue[14]. - The goodwill decreased by 24.02% to ¥36,237.27 million, mainly due to the sale of part of the equity in a bottled water company[14]. - Other current assets decreased by 73.02% to ¥7,489.70 million, primarily due to the redemption of bank wealth management products during the period[14]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY 226,793,270.58, an increase of 88.74% year-on-year[7]. - Cash inflow from operating activities totaled CNY 9,974,670,134.72, down 8.86% from CNY 10,946,309,215.62 in the previous year[39]. - Cash outflow from operating activities was CNY 9,747,876,864.14, a decrease of 10% compared to CNY 10,826,149,269.35 last year[39]. - Cash flow from investing activities showed a net outflow of CNY 8,228,111.21, improving from a net outflow of CNY 114,983,382.61 in the previous year[39]. - Cash flow from financing activities resulted in a net outflow of CNY 178,961,097.41, compared to a net inflow of CNY 85,061,604.10 last year[39]. - The ending cash and cash equivalents balance was CNY 1,945,369,093.02, up from CNY 1,300,534,052.36 at the end of the same period last year[40]. - The net cash increase in cash and cash equivalents for the period was CNY 42,030,106.73, compared to an increase of CNY 84,144,151.71 in the previous year[40]. Shareholder Information - The total number of shareholders at the end of the reporting period was 62,140[12]. - The largest shareholder, Shanghai Yimin Food Group Co., Ltd., held 298,386,000 shares, accounting for 31.82% of the total shares[12]. Government Subsidies and Other Income - Government subsidies recognized during the first nine months amounted to CNY 35,175,849.14, closely related to the company's normal business operations[10]. - Cash received from other operating activities increased by 183.19% to CNY 20,921.25 million year-on-year, primarily due to an increase in government subsidies received[17]. - The company reported a decrease in cash received from other operating activities, totaling CNY 209,212,451.22, compared to CNY 73,878,330.85 last year[39]. Operational Costs and Expenses - Operating costs decreased by 8.10% to ¥794,570.81 million year-on-year, corresponding to the reduction in revenue[17]. - Financial expenses decreased significantly by 50.56% to ¥4,062.56 million year-on-year, due to a reduction in bank borrowings and interest payments[17]. - The company reported a decrease in sales expenses to CNY 22,264,728.07 in Q3 2015 from CNY 11,856,905.57 in Q3 2014[35]. - The company reported a decrease in financial expenses to CNY 3,783,036.06 in Q3 2015 from CNY 18,662,503.36 in Q3 2014[35]. Asset Impairment - Asset impairment losses increased by 92.53% to ¥930.76 million year-on-year, indicating a rise in asset loss amounts[17].