金健米业(600127) - 2014 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was a loss of CNY 9,898,610.15, a decrease of 167.72% year-on-year[5] - The net profit attributable to the parent company was -9,898,610.15 yuan, a decrease of 167.72% compared to the same period last year[12] - Net loss for Q3 2014 was CNY 14,515,964.88, compared to a net loss of CNY 10,502,878.84 in Q3 2013, reflecting a deterioration in performance[30] - The total profit (loss) for the period was CNY -59,085.18, compared to a loss of CNY -18,286,669.44 in the same period last year, indicating a significant reduction in losses[33] - The total comprehensive income for the period was CNY -59,085.18, reflecting a substantial improvement from the previous year's loss of CNY -18,286,669.44[33] Revenue and Costs - Operating revenue increased by 9.60% to CNY 1,199,422,192.09 for the year-to-date period[5] - Total operating revenue for Q3 2014 was CNY 438,068,477.91, an increase from CNY 416,940,292.74 in Q3 2013, representing a growth of approximately 3%[29] - Total operating costs for Q3 2014 were CNY 455,994,116.35, compared to CNY 435,085,360.83 in Q3 2013, indicating an increase of about 4.5%[29] - The company's operating revenue for the period from July to September was CNY 226,437,000, consistent with the same period last year, while the year-to-date revenue increased by 25.7% to CNY 750,366,000 compared to CNY 596,493,000 in the previous year[32] - The operating costs decreased significantly to CNY 17,879,880 from CNY 38,104,500 in the same period last year, reflecting a reduction of 53.1%[32] Assets and Liabilities - Total assets decreased by 11.33% to CNY 1,251,759,957.82 compared to the end of the previous year[5] - Total assets as of September 30, 2014, amounted to CNY 1,041,611,358.56, down from CNY 1,122,323,388.11 at the beginning of the year, a decrease of approximately 7.2%[24] - Total liabilities decreased to CNY 126,882,804.48 from CNY 218,768,605.75, a reduction of about 42%[25] - Shareholders' equity increased to CNY 914,728,554.08 from CNY 903,554,782.36, showing a slight growth of around 1.3%[25] - The company's total liabilities and shareholders' equity amounted to CNY 1,041,611,358.56 as of September 30, 2014[25] Cash Flow - Cash flow from operating activities decreased by 87.90% to CNY 15,708,394.53 compared to the same period last year[5] - Cash flow from operating activities decreased by 87.90%, amounting to 15,708,394.53 yuan, primarily due to increased payments for goods and services[12] - The net cash flow from operating activities for the first nine months was negative at CNY -24,760,746.06, an improvement from CNY -70,365,114.70 in the previous year[39] - The company reported a net cash outflow from investing activities of CNY -67,373,739.44, compared to a net inflow of CNY 55,936,772.33 in the previous year[36] - The net cash flow from investing activities was -96,265,718.32 CNY, compared to 94,743,464.63 CNY in the previous period[40] Inventory and Receivables - The company reported a significant increase in accounts receivable by 89.28%, reaching CNY 139,392,713.45 due to seasonal inventory buildup[10] - Accounts receivable increased to 139,392,713.45 yuan from 73,644,700.28 yuan, indicating a rise in credit sales[20] - Inventory decreased by 31.27% to CNY 160,434,366.07, primarily due to reduced stock of oils and rice[10] - Inventory decreased to 160,434,366.07 yuan from 233,428,971.67 yuan, reflecting a reduction in stock levels[20] Shareholder Information - The number of shareholders totaled 111,339, with the largest shareholder holding 22.34% of shares[7] - The company has committed to avoiding competition with its major shareholder for three years following the completion of a private placement[13] Financial Adjustments - Financial expenses decreased by 80.23% to CNY 5,088,169.08, attributed to reduced bank loan interest expenses[10] - The company has adjusted its accounting policy for long-term equity investments, transferring 15,168,246.29 yuan to available-for-sale financial assets[14] - The company reported a significant increase in income tax expenses by 230.86%, amounting to 300,136.94 yuan due to increased taxable income[12] Cash and Equivalents - The company's cash and cash equivalents decreased to 104,187,971.52 yuan from 347,512,822.71 yuan at the beginning of the year[20] - Cash and cash equivalents decreased significantly to CNY 14,370,768.88 from CNY 253,896,649.96, a decline of about 94.4%[23] - The cash and cash equivalents at the end of the period stood at CNY 104,187,971.52, a decrease from CNY 346,917,819.26 at the beginning of the period[37] - The ending balance of cash and cash equivalents was 14,370,768.88 CNY, slightly down from 14,486,233.17 CNY in the previous period[40]