SDWH(SH:600241)2014-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 323.02% to a loss of CNY 25,953,161.17 for the year-to-date period[9] - Operating revenue declined by 16.18% to CNY 924,232,229.32 year-to-date[9] - The weighted average return on net assets decreased by 8.38 percentage points to -5.95%[9] - Basic earnings per share decreased by 322.91% to -CNY 0.1440[9] - Net profit for Q3 2014 was a loss of CNY 4,390,385.89, compared to a profit of CNY 27,042,910.62 in Q3 2013[32] - The comprehensive income for Q3 2014 was a loss of CNY 9,262,133.02, compared to a gain of CNY 26,722,951.17 in Q3 2013[32] - The total profit for the first nine months of 2014 was a loss of approximately ¥3.49 million, improving from a loss of ¥37.45 million in the same period of 2013[35] Cash Flow - The company reported a net cash flow from operating activities of -CNY 114,730,924.98, a decrease of 211.48% compared to the previous year[9] - The net cash flow from operating activities for the current period was -114,730,924.98 RMB, a decrease of 211.48% compared to the same period last year[16] - Cash flow from operating activities showed a net outflow of approximately ¥114.73 million for the first nine months, worsening from a net outflow of ¥36.83 million in the previous year[38] - Net cash flow from operating activities was CNY -33.23 million, compared to CNY -17.55 million in the previous year, indicating a worsening cash flow situation[42] - Total cash outflow for operating activities was CNY 313.96 million, down 32.5% from CNY 467.47 million last year[42] Assets and Liabilities - Total assets increased by 22.63% to CNY 2,135,269,296.49 compared to the end of the previous year[9] - The total liabilities increased to 1,564,483,717.81 RMB from 1,079,157,216.42 RMB, indicating a rise in financial obligations[25] - The company's equity attributable to shareholders decreased to 421,004,943.70 RMB from 451,598,770.20 RMB, reflecting a decline in retained earnings[25] - The total assets as of September 30, 2014, amounted to 2,135,269,296.49 RMB, an increase from 1,741,179,538.80 RMB at the beginning of the year[24] - The total liabilities at the end of the period were CNY 879,202,779.01, compared to CNY 715,456,523.16 at the beginning of the year[29] - The company's equity decreased to CNY 412,738,564.19 from CNY 420,689,573.23 at the beginning of the year[29] Investment Activities - Investment income increased significantly to CNY 11,793,795.22 from a loss of CNY 1,535,884.12 in the same period last year[14] - The net cash flow from investing activities was -154,502,987.62 RMB, a decrease of 135.68% year-over-year, primarily due to the consolidation of Shidai Wanheng Investment Co., Ltd.[16] - Cash flow from investing activities resulted in a net outflow of approximately ¥154.50 million, compared to a net outflow of ¥65.56 million in the same period last year[39] - Cash inflow from investment activities totaled CNY 99.36 million, significantly up from CNY 51.67 million year-over-year[42] - Net cash flow from investment activities was CNY -12.79 million, an improvement from CNY -63.44 million in the same period last year[42] Financing Activities - Short-term borrowings increased by 42.20% to CNY 743,866,327.91, attributed to increased borrowing by the parent company and trading companies[12] - The net cash flow from financing activities increased significantly to 266,304,886.81 RMB, compared to -19,254,390.54 RMB in the previous year, reflecting a substantial increase in borrowings[16] - Cash inflow from financing activities reached CNY 609.31 million, an increase of 31% compared to CNY 465 million last year[43] - Net cash flow from financing activities was CNY 32.66 million, up from CNY 26.60 million year-over-year[43] - Cash paid for financing activities totaled CNY 576.65 million, an increase from CNY 438.40 million year-over-year[43] Sales and Revenue - The company reported a decrease in sales revenue from cash received for goods sold, totaling approximately ¥661.21 million, down from ¥787.76 million in the previous year[38] - Total operating revenue for Q3 2014 was CNY 512,429,735.49, a decrease of 2.3% compared to CNY 525,637,838.91 in Q3 2013[31] - The company's operating revenue for Q3 2014 was approximately ¥155.20 million, an increase of 7.5% compared to ¥143.81 million in Q3 2013[35]