CRT(SH:600125)2016-10-26 16:00Financial Performance - Net profit attributable to shareholders decreased by 17.09% to CNY 192,894,978.31 year-on-year[6] - Operating revenue decreased by 3.94% to CNY 4,769,296,029.70 compared to the same period last year[6] - Cash flow from operating activities decreased by 10.35% to CNY 277,915,924.79 year-on-year[6] - The weighted average return on equity decreased by 0.979 percentage points to 3.914%[6] - The company reported a basic earnings per share of CNY 0.148, down 16.85% from the previous year[6] - Net profit for the third quarter was CNY 68,343,431.80, compared to CNY 75,934,367.39 in the previous year, reflecting a decrease of approximately 10.5%[28] - The company reported an operating profit of CNY 88,969,375.82 for the third quarter, down from CNY 95,623,154.00 in the same period last year, a decrease of about 7.3%[28] - The company reported a total profit of CNY 35,265,934.49 for Q3 2016, a decrease of 38.3% from CNY 57,197,636.44 in Q3 2015[31] - Total comprehensive income for the first nine months of 2016 was CNY 79,595,838.84, down 28.6% from CNY 111,393,692.78 in the same period last year[32] Assets and Liabilities - Total assets decreased by 5.72% to CNY 7,127,510,761.80 compared to the end of the previous year[6] - As of September 30, 2016, total assets amounted to 7,127,510,761.80 RMB, down from 7,559,636,642.80 RMB at the beginning of the year[19] - Current assets totaled 4,125,840,467.21 RMB, a decrease from 4,563,852,653.16 RMB at the beginning of the year[19] - Total liabilities decreased to 2,141,965,236.07 RMB from 2,676,345,643.35 RMB, reflecting a reduction in financial obligations[21] - The total liabilities decreased to CNY 1,378,503,418.96 from CNY 2,192,123,766.09, indicating a reduction of approximately 37.1%[25] Cash Flow - The net cash flow from investment activities was 9,727.63 million RMB, a significant increase of 122.41% compared to the previous period due to the maturity of entrusted bank wealth management products[15] - The net cash flow from financing activities decreased to -87,074.22 million RMB, a decline of 905.45% primarily due to the maturity payment of company bonds and dividend payments[15] - The company’s cash and cash equivalents decreased to 554,532,265.37 RMB from 1,034,532,213.75 RMB, indicating a reduction in liquidity[19] - The net cash flow from operating activities for Q3 2016 was ¥245,487,106.38, a decrease of 31.4% compared to ¥357,815,978.44 in the same period last year[38] - Total cash inflow from investment activities was ¥828,256,096.05, significantly higher than ¥299,505,771.19 in Q3 2015, marking an increase of 176.5%[36] - The net cash flow from investment activities was ¥97,276,280.14, recovering from a negative cash flow of -¥434,096,804.69 in Q3 2015[36] - The net cash flow from financing activities for the first nine months was -¥870,742,152.64, compared to -¥86,601,925.60 in the same period last year, indicating increased debt repayment[36] Shareholder Information - The number of shareholders reached 96,053, with the top ten shareholders holding a combined 56.49% of shares[9] Inventory and Receivables - Accounts receivable increased by 46.81% to CNY 11,839.30 million due to increased logistics business receivables[12] - Prepayments increased by 60.41% to CNY 28,026.14 million, indicating a rise in advance payments received[12] - The company reported accounts receivable of 118,392,964.25 RMB, up from 80,643,619.55 RMB, indicating improved credit sales[19] - Inventory increased to 2,597,601,662.88 RMB from 2,335,265,377.84 RMB, indicating a rise in stock levels[19] Other Financial Metrics - The company incurred financial expenses of CNY 5,928,497.32 in Q3 2016, a decrease of 47.3% from CNY 11,247,423.92 in Q3 2015[31] - Investment income for Q3 2016 was CNY 3,049,360.47, down 67.6% from CNY 9,405,364.61 in Q3 2015[31] - Operating cash flow for the first nine months of 2016 was CNY 277,915,924.79, a decrease of 10.4% from CNY 309,989,091.52 in the previous year[35]