CITIC Wine(SH:600084)2014-10-27 16:00Financial Performance - Operating revenue for the first nine months decreased by 16.80% to CNY 257,619,185.40 compared to the same period last year[7] - Net profit attributable to shareholders for the first nine months was CNY -119,048,586.22, showing a significant loss compared to CNY -97,487,067.42 in the previous year[7] - Total operating revenue for Q3 2014 was ¥103,484,434.45, a decrease of 30.2% compared to ¥148,460,380.43 in Q3 2013[34] - Net loss for Q3 2014 was ¥41,710,255.15, compared to a net loss of ¥18,953,035.55 in Q3 2013, representing a 120.1% increase in losses[35] - The company reported a total operating revenue of ¥257,619,185.40 for the first nine months of 2014, a decline of 16.9% compared to ¥309,654,046.89 in the previous year[34] Cash Flow - Cash flow from operating activities for the first nine months was CNY -62,802,502.22, indicating a negative cash flow situation[7] - Cash flow from investment activities increased by 215.53%, from -14,319,531.21 to 16,543,454.59, primarily due to the sale of investment properties[16] - Cash flow from operating activities for the first nine months of 2014 was ¥135,365,121.41, down 54.3% from ¥295,898,537.72 in the same period last year[40] - Net cash flow from operating activities for Q3 2014 was -62,802,502.22 RMB, compared to -61,480,731.15 RMB in Q3 2013, showing a slight increase in cash outflow[42] - The net increase in cash and cash equivalents for Q3 2014 was -74,155,780.37 RMB, compared to -83,638,715.20 RMB in Q3 2013, indicating a reduced cash decline[43] Assets and Liabilities - Total assets decreased by 4.60% to CNY 2,855,036,719.20 compared to the end of the previous year[7] - Current liabilities totaled CNY 1,862,850,998.96, compared to CNY 1,810,409,304.03 at the start of the year, indicating an increase of about 2.3%[27] - Non-current liabilities decreased from CNY 279,305,349.06 to CNY 211,305,349.06, representing a reduction of approximately 24.4%[27] - The company's total liabilities were CNY 2,074,156,348.02, slightly down from CNY 2,089,714,653.09, showing a decrease of about 0.7%[27] - The total non-current assets decreased from CNY 795,561,759.07 to CNY 756,712,857.16, a decline of about 4.9%[30] Shareholder Information - The number of shareholders at the end of the reporting period was 38,565[11] - The largest shareholder, CITIC Guoan Group, holds 42.65% of the shares, totaling 345,457,419 shares[11] Inventory and Receivables - Accounts receivable increased by 58.61% to CNY 171,649,243.24 due to new credit sales during the period[13] - Inventory increased from 1,442,319,224.64 to 1,492,999,539.84, a rise of 3.5%[25] - Accounts receivable increased from 108,222,239.41 to 171,649,243.24, reflecting a growth of 58.6%[25] Other Financial Metrics - Operating costs decreased by 30.58%, from 146,963,827.00 to 102,020,488.93, primarily due to the sale of investment properties[15] - Investment income showed a significant improvement, with a reduction in losses from -34,619,738.25 to -199,068.27, a change of 99.42%[15] - Non-operating income decreased by 61.97%, from 47,032,320.00 to 17,888,241.73, mainly due to uncollectible amounts from subsidiaries in the previous year[15] - Basic and diluted earnings per share for Q3 2014 were both -¥0.0499, compared to -¥0.0230 in Q3 2013[35] - Total cash inflow from operating activities for the first nine months of 2014 was 1,021,813,685.82 RMB, compared to 952,319,773.47 RMB in the same period last year, showing an increase of approximately 7%[45]