ZJDR(SH:600113)2015-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 17.17% to CNY 10,965,725.38 for the third quarter[8] - Operating revenue for the first nine months decreased by 16.12% to CNY 241,145,370.69 compared to the same period last year[7] - The weighted average return on equity decreased by 0.31 percentage points to 1.89%[8] - Basic earnings per share remained stable at CNY 0.04[8] - The company reported a net loss of CNY 949,651.04 for the third quarter, compared to a net profit of CNY 340,116.20 in the same period last year[42] - Total revenue for the first nine months of 2015 was CNY 241,145,370.69, a decrease of 16.1% compared to CNY 287,495,404.39 in the same period last year[41] - Net profit attributable to the parent company for the first nine months was CNY 11,184,631.58, down 12.7% from CNY 12,808,949.18 year-on-year[42] - The total cost of operations for the first nine months was CNY 238,981,914.50, down 15.2% from CNY 281,784,915.41 year-on-year[41] Assets and Liabilities - Total assets increased by 18.64% to CNY 1,266,001,532.08 compared to the end of the previous year[7] - The total liabilities of the company as of September 30, 2015, were CNY 602,636,656.65, compared to CNY 412,374,284.66 at the beginning of the year[34] - The company’s equity attributable to shareholders was CNY 598,551,090.34, reflecting a slight increase from CNY 587,366,458.76 at the beginning of the year[34] - Current assets decreased significantly to CNY 28,700,449.09 from CNY 310,387,830.87 at the beginning of the year, reflecting a decline of 90.7%[37] - Total liabilities increased to CNY 37,851,184.77, up 31.2% from CNY 28,854,518.33 at the beginning of the year[38] Cash Flow - Net cash flow from operating activities increased by 22.57% to CNY 79,020,859.83 year-to-date[7] - The cash flow from operating activities for the first nine months of 2015 was CNY 79,020,859.83, an increase of 22.5% compared to CNY 64,468,277.48 in the same period last year[49] - Operating cash flow for the first nine months of 2015 was negative at -9,761,527.09 RMB, an improvement from -13,881,049.33 RMB in the same period last year[54] - Total cash inflow from operating activities reached 42,379,090.23 RMB, compared to 25,175,054.11 RMB in the previous year, indicating a year-over-year increase of approximately 68.3%[54] - Cash outflow from operating activities was 52,140,617.32 RMB, up from 39,056,103.44 RMB, representing an increase of about 33.5%[54] Shareholder Information - The total number of shareholders reached 29,958 by the end of the reporting period[11] - Zhejiang Dongri Group Company holds 48.97% of the shares, making it the largest shareholder[11] Restructuring and Legal Matters - The company is currently progressing with a major asset restructuring plan, having received approval from the Wenzhou State-owned Assets Supervision and Administration Commission[16] - The restructuring aims to eliminate the competition between the company and its subsidiaries in real estate development and import-export trade[19] - The company has committed to ensuring that related party transactions do not harm the interests of minority shareholders[17] - The company is currently involved in legal proceedings regarding the eviction of a management company from a property, with a total area of 7,757 square meters being contested[22] Operational Highlights - The total revenue from real estate sales was CNY 48,631.47 million, with a total saleable area of 65,532.49 square meters and a signed average price of CNY 11,608.37 per square meter[28] - The company reported a total of 30,447.00 square meters of rental space, achieving an occupancy rate of 93.38% for commercial properties and generating annual rental income of CNY 1,392.12 million[29] - The company's real estate projects included a total construction area of 167,294.40 square meters, with 85,773.05 square meters available for sale and 23,639.04 square meters remaining unsold[27]