Y.I.C.(SH:600119)2014-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 1,021,684,054.59, down 12.53% year-on-year[7] - Net profit attributable to shareholders was CNY 32,050,197.16, a decrease of 8.57% compared to the same period last year[7] - The company reported a net profit excluding non-recurring items of CNY 26,602,708.33, an increase of 48.41% year-on-year[7] - The net profit attributable to the parent company for Q3 2014 was CNY 9,854,522.24, a decrease of 36.5% from CNY 15,484,402.10 in Q3 2013[30] - The company's operating revenue for the period (July to September) was CNY 60 million, a decrease of 55.7% compared to CNY 135.47 million in the same period last year[32] - The net profit for the period was CNY 8.08 million, compared to a net loss of CNY 1.74 million in the same period last year, marking a significant turnaround[33] - The total profit for the period reached CNY 8.08 million, compared to a loss of CNY 3.97 million in the same period last year[33] Cash Flow - Net cash flow from operating activities was CNY 85,339,903.00, a significant improvement from a negative CNY 145,363,160.85 in the previous year[7] - Cash flow from operating activities generated a net inflow of CNY 85.34 million, a recovery from a net outflow of CNY 145.36 million in the same period last year[36] - Cash inflow from financing activities was $110,000,000, up from $80,000,000 year-over-year[39] - Net cash flow from financing activities improved to $6,056,971.82, compared to a negative $76,622,848.09 in the previous year[39] - Cash paid for debt repayment was $80,000,000, a decrease from $130,000,000 in the previous year[39] - Cash generated from investment activities was $188,922,078.77, a significant increase from $2,226,028.27 in the previous year[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,948,675,042.36, a decrease of 1.39% compared to the end of the previous year[7] - Total liabilities decreased slightly to ¥982,226,415.65 from ¥987,686,162.13[21] - Shareholders' equity decreased to ¥966,448,626.71 from ¥988,397,144.41[21] - Accounts receivable increased by 885.07% to CNY 82,218,715.54 due to the growth in supply chain management business[12] - Prepayments increased by 319.25% to CNY 118,018,880.76, also attributed to the supply chain management business[12] - Long-term receivables decreased by 36.36% to ¥325,232,527.24 from ¥511,011,997.46[13] - Total assets decreased to ¥1,948,675,042.36 from ¥1,976,083,306.54[21] - Total liabilities for Q3 2014 were CNY 280,882,849.78, down from CNY 345,820,870.48 in the previous period, indicating a reduction of 19.0%[25] Shareholder Information - The number of shareholders at the end of the reporting period was 36,648[10] - The largest shareholder, Changjiang Economic United Development Group, held 37.64% of the shares[10] Investment Activities - Investment cash flow generated was ¥42,358,972.59, recovering from a negative cash flow of -¥43,797,751.07, mainly due to the recovery of bank wealth management funds[13] - The company received CNY 1.29 billion from sales of goods and services during the first nine months, an increase from CNY 824.09 million in the same period last year[35] - The company acquired subsidiaries and other businesses for $13,533,110, down from $30,000,000 in the previous year[39] Other Financial Metrics - The weighted average return on equity decreased to 4.26%, down 0.48 percentage points from the previous year[8] - The basic earnings per share for Q3 2014 was CNY 0.03, down from CNY 0.05 in Q3 2013[30] - The comprehensive income for Q3 2014 was CNY 14,148,177.08, down from CNY 17,693,458.56 in the same period last year[30] - The management expenses for the period were CNY 3.82 million, a decrease from CNY 4.06 million in the same period last year[32] - Investment income for the period was CNY 11.82 million, a significant increase from CNY 0.45 million in the same period last year[32]