HAINANYEDAO(SH:600238)2015-10-22 16:00Financial Performance - Net profit attributable to shareholders was CNY -28,181,950.81, a decrease of 2,942.34% year-on-year [7]. - Operating revenue for the first nine months was CNY 256,264,100.11, down 9.93% from the same period last year [6]. - Basic earnings per share were CNY -0.0290, a decline of 130.98% compared to CNY 0.0936 in the previous year [7]. - The company's net profit for the year-to-date period was a loss of RMB 13,031,528.13, a decrease of 130.77% compared to a profit of RMB 42,356,960.45 in the same period last year [16]. - The company recorded a 356.69% decrease in net gains from fair value changes, resulting in a loss of RMB 4,403,796.85 compared to a gain of RMB 1,715,597.74 in the previous year [16]. - The company reported an operating profit loss of ¥26,277,126.36 for Q3 2015, compared to a profit of ¥4,468,374.11 in Q3 2014 [32]. - The company incurred an asset impairment loss of ¥2,474,055.51 in Q3 2015, compared to a gain of ¥10,797,931.94 in Q3 2014 [32]. - The company reported a total investment income (loss) of CNY -7,265,011 for Q3 2015, compared to a gain of CNY 2,144,192 in Q3 2014 [36]. Cash Flow - The net cash flow from operating activities was CNY -100,659,842.46, showing significant improvement from CNY -231,854,766.42 in the previous year [6]. - The cash flow from operating activities for the first nine months of 2015 was CNY 277,400,560, down from CNY 305,325,742 in the same period last year, reflecting a decrease of approximately 9.1% [39]. - In Q3 2015, the net cash flow from operating activities was -100,659,842.46 RMB, a decrease from -231,854,766.42 RMB in the previous year, indicating an improvement of approximately 56.5% [40]. - The total cash outflow from operating activities was 378,060,402.16 RMB, compared to 537,180,507.96 RMB in the previous year, showing a reduction of approximately 29.6% [40]. - The total cash inflow from investment activities was 39,151,237.62 RMB, compared to 114,052,725.43 RMB in the same period last year, reflecting a decline of about 65.7% [40]. - The net cash flow from investment activities for the first nine months was -1,311,087.03 RMB, a decline from 72,604,015.84 RMB in the previous year [45]. Assets and Liabilities - Total assets decreased by 12.04% to CNY 1,246,293,988.63 compared to the end of the previous year [6]. - As of the end of the reporting period, cash and cash equivalents decreased by 38.43% to RMB 127,800,058.72 from RMB 207,573,378.81 [14]. - The total amount of accounts receivable decreased by 68.08% to RMB 12,336,199.45 from RMB 38,650,951.78 [14]. - The company experienced a 61.75% decrease in accounts payable, which fell to RMB 68,874,059.10 from RMB 180,064,507.55 [14]. - Total liabilities were reported at 372,058,007.92 RMB, down from 529,496,367.23 RMB, reflecting a decrease of approximately 29.7% [26]. - The company's inventory decreased to 583,472,623.97 RMB from 624,602,895.17 RMB, a reduction of about 6.6% [25]. - The company's total current liabilities decreased to ¥298,540,048.97 from ¥384,931,463.19 in Q3 2014 [29]. Shareholder Information - The total number of shareholders reached 27,973 at the end of the reporting period [11]. - The largest shareholder, Haikou State-owned Assets Management Co., Ltd., holds 17.57% of the shares [11]. - The company is awaiting approval from the State-owned Assets Supervision and Administration Commission for a major share transfer involving 78,736,320 shares [17]. - The company plans to implement an employee stock ownership plan with a total funding not exceeding 60 million RMB [19]. - The second largest shareholder is planning a major asset restructuring, leading to a stock suspension starting from August 27, 2015, for up to 30 days [20]. Future Plans - The company plans to raise RMB 820 million through a non-public stock issuance to fund health wine expansion and technology upgrades [18].