ZJJH(SH:600160)2014-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 45.58% to CNY 116,392,579.89 for the first nine months of the year[7] - Operating revenue for the first nine months decreased by 4.51% to CNY 7,149,474,058.67 compared to the same period last year[7] - Basic earnings per share decreased by 57.62% to CNY 0.064[7] - Total operating revenue for the third quarter was approximately ¥2.48 billion, a decrease of 3.15% compared to ¥2.57 billion in the same period last year[27] - Net profit for the third quarter was approximately ¥50.68 million, a decline of 46.3% compared to ¥94.34 million in the same quarter last year[28] - The company reported a total profit of approximately ¥66.93 million for the third quarter, down 34.9% from ¥102.77 million year-over-year[28] - Operating profit for the third quarter was approximately ¥63.95 million, a decrease of 33.9% compared to ¥96.63 million in the same period last year[28] - The company reported a comprehensive income total of approximately ¥51.82 million for the third quarter, down 45.5% from ¥94.34 million in the same period last year[28] Assets and Liabilities - Total assets decreased by 3.81% to CNY 9,231,630,941.77 compared to the end of the previous year[7] - Total current assets decreased from CNY 4,379,211,231.02 at the beginning of the year to CNY 3,305,045,536.59, a decline of approximately 24.5%[18] - Total non-current assets increased from CNY 5,217,624,370.47 to CNY 5,926,585,405.18, a growth of approximately 13.6%[19] - Total liabilities decreased from CNY 2,117,573,389.07 to CNY 1,995,103,940.89, a reduction of about 5.8%[19] - Shareholders' equity decreased from CNY 7,479,262,212.42 to CNY 7,236,527,000.88, a decline of approximately 3.3%[20] Cash Flow - Cash flow from operating activities decreased by 7.97% to CNY 403,341,421.77 for the first nine months[7] - Cash flow from operating activities decreased by 84.97% to CNY 62,302,116.48, largely due to the previous year's receipt of funds payable to the CDM Fund Center[14] - Operating cash inflow for the first nine months of 2014 was CNY 8,589,772,116.91, a decrease of 8.15% compared to CNY 9,350,786,045.85 in the same period last year[32] - Net cash flow from operating activities was CNY 403,341,421.77, down from CNY 438,293,415.91 year-on-year, reflecting a decline of 7.97%[32] - Cash outflow from investment activities totaled CNY 1,038,529,933.30, compared to CNY 937,542,888.43 in the previous year, indicating an increase of 10.77%[33] - Cash flow from financing activities showed a net outflow of -CNY 672,062,264.91, contrasting with a net inflow of CNY 389,053,078.62 in the same period last year[33] - The net increase in cash and cash equivalents for the period was -CNY 1,056,208,890.12, compared to -CNY 48,019,054.93 in the same period last year[33] Shareholder Information - The number of shareholders at the end of the reporting period was 82,349[10] - The largest shareholder, Juhua Group Company, holds 54.86% of the shares[10] Investment and Expenses - Cash paid for the purchase of fixed assets increased by 64.39% to CNY 881,253,815.46, reflecting higher investment in construction projects[14] - Financial expenses rose by 39.15% to CNY 17,596,387.53, driven by increased short-term financing costs[13] - Sales expenses increased to approximately ¥54.04 million, up 13.5% from ¥47.63 million year-over-year[27] - Management expenses rose to approximately ¥118.15 million, an increase of 36.4% compared to ¥86.63 million in the same quarter last year[27] Accounts Receivable and Payable - Accounts receivable increased by 52.16% to CNY 399,155,887.25 due to intensified market competition and increased direct sales[13] - The company reported a 68.59% increase in accounts payable, reaching CNY 734,954,967.66, attributed to higher material procurement costs[13] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 5,728,883.05 for the first nine months[9] - Investment income surged to CNY 45,384,157.15, a significant increase of 3,758.07% from the previous year, primarily from the disposal of equity in Shanghai Juteng Industrial Co., Ltd. and Zhejiang Quzhou Jutai Building Materials Co., Ltd.[13] - The company recorded a 43.96% increase in asset impairment losses, totaling CNY 4,662,299.95, due to higher inventory write-downs[13]