mailyard(SH:600107)2014-10-31 16:00Financial Performance - Net profit attributable to shareholders was CNY -5,592,214.73, representing a decline of 152.91% year-on-year[7] - Operating revenue for the first nine months was CNY 332,847,972.00, down 6.33% from the same period last year[7] - The net profit attributable to the parent company was -5,592,214.73, a significant decrease of 152.91% compared to the previous year due to gains from asset disposals in the same period last year[16] - Net profit for the current period was CNY -693,557.35, compared to CNY -228,897.07 in the same period last year, indicating a deeper loss[31] - The company reported a total comprehensive income of CNY -693,557.35 for the current period, compared to CNY -228,897.07 in the same period last year[31] - Net profit for the first nine months of 2014 was a loss of CNY 12,187,595.47, compared to a profit of CNY 47,592,985.21 in the previous year[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,503,380,075.72, a decrease of 0.20% compared to the end of the previous year[7] - The total assets amounted to 2,503,380,075.72, slightly down from 2,508,281,742.53 at the beginning of the year[24] - Total current assets decreased from CNY 500,295,127.99 to CNY 446,959,743.89, representing a reduction of about 10.6%[27] - Total liabilities decreased to 1,805,515,716.96 from 1,812,439,983.76 at the beginning of the year[24] - Total liabilities decreased from CNY 361,057,559.87 to CNY 325,863,680.68, a decrease of approximately 9.7%[28] - The company’s total equity was recorded at 697,864,358.76, a slight increase from 695,841,758.77 at the beginning of the year[24] Cash Flow - Net cash flow from operating activities increased by 180.78% to CNY 130,953,325.61 compared to the previous year[7] - The company's cash flow from operating activities showed a decrease of 30.67% in cash received from service fees, totaling 55,878,788.97[16] - Cash received from investment recoveries rose by 94.15% to 68,960,000.00, mainly due to the redemption of financial products by subsidiaries[16] - Cash paid for investments surged by 413.61% to 158,550,000.00, attributed to increased purchases of trading financial assets by subsidiaries[16] - Cash flow from operating activities for the first nine months of 2014 was CNY 130,953,325.61, up from CNY 46,639,839.51 in the same period last year[34] - Total cash inflow from operating activities was CNY 32,248,021.33, down from CNY 84,295,740.94 in the same period last year[37] Shareholder Information - The number of shareholders at the end of the reporting period was 52,912[10] - The top shareholder, Hubei Meirya Group Co., Ltd., held 20.39% of the shares, totaling 73,388,738 shares[10] Investment Activities - The company reported a significant increase in trading financial assets, rising by 1190.73% to CNY 95,607,589.28 due to subsidiary purchases[14] - Investment income increased by 67.80% to 2,209,421.44, primarily due to dividends received from subsidiaries[16] - Cash flow from investing activities showed a net outflow of CNY 94,666,972.29 for the first nine months of 2014, compared to a net outflow of CNY 52,114,146.31 in the previous year[35] Operational Costs - Total operating costs increased from CNY 115,747,614.10 to CNY 121,278,981.57, an increase of approximately 4.6%[30] - The company reported a significant increase in management expenses, totaling CNY 3,248,639.45 for Q3 2014[32] - The company experienced a substantial increase in financial expenses, amounting to CNY 7,447,515.41 for Q3 2014[32] Cash and Cash Equivalents - The company's cash and cash equivalents increased to 932,723,688.25 from 919,599,435.94 at the beginning of the year[22] - The company’s cash and cash equivalents decreased from CNY 77,543,517.61 at the beginning of the year to CNY 38,278,183.43 by the end of the period, a decline of approximately 50.8%[27] - Total cash and cash equivalents at the end of Q3 2014 amounted to CNY 907,223,688.25, compared to CNY 894,364,519.46 at the end of the previous year[35] - The ending cash and cash equivalents balance decreased to $14.3 million from $49.1 million, reflecting a decline of 71%[38] - The initial cash and cash equivalents balance was $56.5 million, compared to $44.8 million in the previous period, showing an increase of 26%[38]