BIRD(SH:600130)2014-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,112,908,219.16, a growth of 12.55% year-on-year[8] - Net profit attributable to shareholders increased by 238.65% to CNY 15,817,456.15 compared to the same period last year[8] - Basic and diluted earnings per share both rose by 20.00% to CNY 0.06[9] - The company's net profit for the period showed a significant change, with a warning of potential losses compared to the previous year[16] - Net profit attributable to the parent company was ¥13,611,843.28, representing a growth of 5.7% compared to ¥12,881,861.96 in the previous year[28] - The net profit for the third quarter was CNY 6,745,886.48, down from CNY 91,112,914.22 in the previous year, indicating a significant decline[30] - The company reported a gross profit margin of approximately 1.5% for the quarter, down from 0.2% in the previous year[27] Assets and Liabilities - Total assets increased by 7.34% to CNY 1,161,786,474.71 compared to the end of the previous year[8] - Total assets at the end of the period reached ¥918,819,331.81, an increase from ¥882,231,101.95 at the beginning of the year[24] - Total liabilities rose to ¥294,350,809.30 from ¥258,181,925.59, indicating increased financial obligations[21] - Total liabilities increased to ¥71,876,178.81, up from ¥53,070,379.93 at the start of the year, indicating a rise of 35.5%[24] Cash Flow - The net cash flow from operating activities showed a significant decline, dropping to CNY -79,729,662.72 from CNY 8,661,801.22 in the previous year, a decrease of 1,020.47%[8] - Operating cash flow turned negative at -¥79,729,662.72, a significant decline from ¥8,661,801.22 in the previous year, due to increased merchandise payments[15] - The cash flow from operating activities showed a net outflow of CNY -79,729,662.72, compared to a net inflow of CNY 8,661,801.22 in the previous year[33] - The investment activities generated a net cash inflow of CNY 50,396,308.15, compared to a net outflow of CNY -95,880,933.56 in the same period last year[34] Shareholder Information - The total number of shareholders reached 67,577 by the end of the reporting period[12] - The largest shareholder, Ningbo Electronic Information Group Co., Ltd., holds 21.71% of the shares, totaling 166,752,000 shares[12] Expenses and Investments - Management expenses rose by 39.07% to ¥73,724,113.28, mainly due to increased R&D investment[15] - The company reported a total of CNY 7,951,966.63 in non-recurring gains and losses for the reporting period[10] - The company reported an increase in management expenses to CNY 4,555,454.83, up from CNY 3,421,321.97 in the previous year[30] Accounts and Inventory - Accounts receivable increased by 51.37% to ¥67,778,936.45, primarily due to expanded sales scale[14] - Inventory rose by 91.64% to ¥143,421,418.52, attributed to increased sales scale and higher stocking[14] - Other current assets surged by 115.11% to ¥56,155,502.69, mainly due to an increase in input tax to be deducted[14] - Long-term receivables increased by 81.67% to ¥54,500,000.00, primarily due to an increase in entrusted loans exceeding one year[14] Quarterly Performance - Total revenue for the third quarter was ¥329,333,687.89, a decrease of 9.3% compared to ¥363,216,814.92 in the same period last year[27] - Operating profit for the quarter increased to ¥10,862,688.67, up 17.1% from ¥9,271,662.03 year-over-year[28] - The operating revenue for the third quarter was CNY 8,265,480.56, a decrease of 15.0% compared to CNY 9,717,463.10 in the same period last year[30] - The total operating costs increased to CNY 5,045,175.86, up 16.4% from CNY 4,334,395.52 in the same quarter last year[30] Cash and Equivalents - Cash and cash equivalents rose to ¥358,951,444.40 from ¥314,087,179.78, marking a growth of 14.3%[24] - The total cash and cash equivalents at the end of the period were CNY 414,295,745.87, compared to CNY 305,057,686.02 at the same time last year[34] - The ending balance of cash and cash equivalents reached $358,951,423.70, up from $253,714,714.34 in the prior period[38]