CNRE(SH:600111)2015-10-22 16:00Financial Performance - Operating revenue increased by 18.33% to CNY 4.49 billion for the year-to-date period[6] - Net profit attributable to shareholders decreased by 24.02% to CNY 301.52 million year-on-year[6] - Basic earnings per share decreased by 24.02% to CNY 0.083[6] - Total operating revenue for Q3 2015 was CNY 1,267,099,669.03, a decrease of 10.2% compared to CNY 1,411,355,801.55 in Q3 2014[26] - Year-to-date net profit for the first nine months of 2015 was CNY 201,483,661.10, an increase of 7.5% from CNY 187,956,385.21 in the same period last year[26] - Net profit for Q3 2015 was a loss of CNY 18,413,850.95, compared to a profit of CNY 115,012,722.20 in Q3 2014[26] Cash Flow - Net cash flow from operating activities increased significantly by 464.64% to CNY 2.37 billion[6] - The company reported a net cash flow from operating activities of CNY 2,369,441,752.03 for the first nine months of 2015, significantly up from CNY 419,640,991.46 in the same period last year[30] - Operating cash flow net amount for the first nine months is RMB 246,853,116.07, a significant increase from RMB 51,196,437.18 in the previous year, representing a growth of approximately 382%[32] - Total cash inflow from operating activities reached RMB 1,900,546,354.40, compared to RMB 1,744,923,049.93 in the same period last year, indicating an increase of about 9%[32] - Cash outflow from operating activities totaled RMB 1,653,693,238.33, slightly down from RMB 1,693,726,612.75, showing a decrease of around 2%[32] Assets and Liabilities - Total assets decreased by 11.14% to CNY 15.18 billion compared to the end of the previous year[6] - The company's total liabilities decreased to CNY 5,142,571,325.11 from CNY 6,937,104,071.35, indicating a reduction of approximately 26%[20] - The total current liabilities were reported at CNY 4,804,230,136.43, down from CNY 6,645,085,507.05, a decrease of about 28%[20] - The company's inventory decreased to CNY 5.42 billion, down 21.69% from CNY 6.92 billion at the beginning of the year[19] - The company's inventory decreased to CNY 3,328,997,393.89 from CNY 3,635,315,101.53, reflecting a decline of approximately 8.4%[22] Shareholder Information - The total number of shareholders reached 309,804[9] - The largest shareholder, Baotou Steel (Group) Co., Ltd., holds 38.92% of shares, with 1.41 billion shares pledged[9] - The second largest shareholder, Jiaxin Co., Ltd. (Hong Kong), plans to increase its stake by acquiring 1.38 million shares following regulatory approval[15] - The company’s controlling shareholder, Baogang Group, committed to not reducing its stake in the next six months to stabilize the stock price[15] Government Support and Non-Operating Income - The company received government subsidies totaling CNY 49.68 million for the year-to-date period[8] - Non-operating income for the year-to-date period amounted to CNY 48.49 million[8] Financial Expenses and Investments - The company's financial expenses decreased by 49.63% to RMB 119.39 million, attributed to a reduction in loan scale and interest rates[14] - The company incurred financial expenses of CNY 31,117,843.65 in Q3 2015, down from CNY 90,038,687.73 in Q3 2014[26] - Long-term investments increased to CNY 2,455,215,570.19 from CNY 2,303,111,561.50, showing an increase of about 6.6%[22]