LFD(SH:600149)2016-10-26 16:00Financial Performance - Operating revenue increased by 275.67% to CNY 16,513,517.81 compared to the same period last year[6] - Net profit attributable to shareholders was a loss of CNY 15,306,802.02, compared to a loss of CNY 2,006,105.38 in the same period last year[6] - The company reported a significant increase in operating income from asset disposals, amounting to CNY 164.93, compared to CNY 0.82 in the previous period[11] - Total revenue for the first nine months of 2016 reached CNY 16,513,517.81, compared to CNY 4,395,708.37 in the same period last year, indicating a significant increase[24] - The net profit attributable to the parent company for the first nine months was a loss of CNY 15,306,802.02, compared to a loss of CNY 2,006,105.38 in the previous year[25] - Operating profit for the third quarter was a loss of CNY 2,412,535.02, compared to a profit of CNY 2,342,886.73 in the same quarter last year[25] - The total comprehensive income attributable to the parent company was a loss of CNY 1,011,950.85, compared to a profit of CNY 2,434,166.67 in the same period last year[26] - The company reported a total profit of -918,790.74 for the third quarter, compared to a profit of CNY 2,351,124.44 in the same quarter last year[28] Assets and Liabilities - Total assets decreased by 43.71% to CNY 218,597,146.81 compared to the end of the previous year[6] - The company's current assets were reported at CNY 49,678,617.33, down from CNY 209,666,381.27 at the beginning of the year[17] - The total liabilities of the company were CNY 24,798,682.96, compared to CNY 179,025,879.93 at the beginning of the year[19] - The company's equity attributable to shareholders was CNY 193,373,814.63, a decrease from CNY 208,680,616.65 at the beginning of the year[19] - The company's non-current assets totaled CNY 168,918,529.48, down from CNY 178,650,342.83 at the beginning of the year[18] - Total assets as of the end of the reporting period amounted to CNY 228,336,817.16, a decrease from CNY 397,573,387.54 at the end of the previous period[23] - Total liabilities were CNY 31,886,856.38, down from CNY 186,097,835.89 in the previous period[23] - The company reported a total equity of CNY 196,449,960.78, compared to CNY 211,475,551.65 in the previous period[23] Cash Flow - Cash flow from operating activities generated CNY 14,171,249.63, a significant improvement from a negative cash flow of CNY 10,585,608.57 in the same period last year[6] - The cash flow from operating activities for the first nine months resulted in a net cash flow of ¥14,589,263.72, improving from -¥10,050,660.64 year-over-year[33] - The net cash flow from operating activities for Q3 2016 was ¥14,171,249.63, compared to a negative cash flow of -¥10,585,608.57 in the same period last year[31] - Cash inflow from sales and services for the first nine months of 2016 was ¥4,962,754.60, significantly higher than ¥1,115,454.40 in the previous year[33] - The cash balance at the end of Q3 2016 was ¥25,811,838.92, down from ¥170,546,534.19 at the end of the previous year[34] Shareholder Information - The number of shareholders reached 100,404, with the largest shareholder holding 15.30% of the shares[9] - The company has committed to not reducing its shareholding in the company for six months starting from July 10, 2015[13] Legal Matters - The company has initiated legal proceedings against Hainan Zhongyi, which was formally filed on May 5, 2014[14] - The company has not reported any significant changes in net profit compared to the same period last year[14] Operating Costs - The company experienced a 310.99% increase in operating costs, reaching CNY 1,238.28, attributed to increased cement trade[11] - Total operating costs for the first nine months were CNY 28,443,654.81, up from CNY 11,793,566.65 year-over-year[25] - Operating costs for the first nine months were CNY 12,194,434.91, up from CNY 2,809,832.18 in the same period last year[27] - The management expenses for the first nine months were CNY 10,014,757.03, an increase from CNY 8,537,092.42 in the previous year[27] - The financial expenses for the first nine months were CNY 6,035,401.87, compared to a negative CNY 589,118.00 in the same period last year[27]