CNRE(SH:600111)2014-10-24 16:00Financial Performance - Operating revenue for the first nine months was CNY 3,796,142,413.81, a decline of 43.85% year-on-year[7] - Net profit attributable to shareholders decreased by 63.58% to CNY 396,859,643.51 for the first nine months[7] - Basic earnings per share fell by 63.58% to CNY 0.164[8] - Total operating revenue for Q3 2014 was CNY 1,411,355,801.55, a decrease of 27.0% compared to CNY 1,929,463,041.43 in Q3 2013[31] - Net profit for Q3 2014 was CNY 115,012,722.20, a decline of 48.2% compared to CNY 222,057,313.51 in Q3 2013[32] - The company reported a total profit of CNY 160,394,191.19 for Q3 2014, down 47.0% from CNY 302,964,771.65 in Q3 2013[31] - The total profit for the first nine months of 2014 was ¥167.60 million, a significant decline of 85.7% compared to ¥1,168.72 million in the previous year[35] Cash Flow - Net cash flow from operating activities dropped by 80.18% to CNY 419,640,991.46 compared to the same period last year[7] - Cash flow from operating activities for the first nine months was ¥419.64 million, down 80.3% from ¥2,117.26 million in the same period last year[37] - The company reported a net cash outflow from investing activities of approximately ¥145.10 million, compared to a net outflow of ¥122.55 million in the previous year[38] - Cash flow from financing activities showed a net outflow of ¥1.40 billion, worsening from a net outflow of ¥798.40 million in the same period last year[38] - The net cash flow from financing activities was negative at -¥756,076,765.22, compared to a positive net cash flow of ¥362,791,788.34 in the same period last year[42] Assets and Liabilities - Total assets decreased by 6.25% to CNY 17,309,544,264.48 compared to the end of the previous year[7] - The total current assets decreased from CNY 13.25 billion at the beginning of the year to CNY 12.05 billion, a reduction of about 9.1%[23] - The company's cash and cash equivalents decreased from CNY 4.01 billion at the beginning of the year to CNY 3.03 billion, a decline of approximately 24.4%[23] - The total liabilities decreased from CNY 8.17 billion at the beginning of the year to CNY 7.33 billion, a reduction of about 10.3%[25] - The total equity attributable to the parent company decreased from CNY 8.13 billion at the beginning of the year to CNY 8.04 billion, a decline of approximately 1.1%[25] - The total cash and cash equivalents at the end of the period stood at ¥2.69 billion, down from ¥3.80 billion at the end of the same period last year[38] Shareholder Information - The total number of shareholders reached 321,441 by the end of the reporting period[11] - The largest shareholder, Baotou Steel (Group) Co., Ltd., held 38.92% of shares, totaling 942,574,146 shares[11] Other Financial Metrics - The weighted average return on equity decreased by 10.26 percentage points to 4.89%[7] - The company received government subsidies amounting to CNY 38,391,123.16 during the first nine months[10] - The company reported a loss of CNY 84,561.23 from the disposal of non-current assets in the third quarter[10] - Investment income improved significantly, with a reported gain of RMB 2,282,418.49 compared to a loss of RMB 6,667,427.72 in the previous year[16] - The company experienced a 50.35% decrease in business tax and surcharges to RMB 11,371,988.44, due to a significant reduction in VAT payments[16] - The company incurred asset impairment losses of ¥458.80 million for the first nine months, compared to ¥88.87 million in the previous year[35]