ZYSC(SH:600280)2014-10-28 16:00Financial Performance - Operating revenue decreased by 8.91% to CNY 5.13 billion for the first nine months compared to the same period last year[5] - Net profit attributable to shareholders increased by 15.20% to CNY 494.48 million year-on-year[5] - Basic earnings per share rose by 15.11% to CNY 0.861 per share[5] - Total operating revenue for Q3 2014 was CNY 1,357,938,510.75, a decrease of 16.9% compared to CNY 1,635,771,843.46 in Q3 2013[27] - Net profit for the first nine months of 2014 was CNY 860,410,074.67, an increase of 98.5% compared to CNY 433,538,384.51 in the same period of 2013[21] - The net profit for Q3 2014 reached CNY 14,279,744.59, representing an increase of 216.2% from CNY 4,500,036.74 in Q3 2013[32] - The total profit for the first nine months of 2014 was CNY 164,462,259.74, up from CNY 98,684,681.70 in the same period last year, marking a growth of 66.6%[31] - The company's total comprehensive income for Q3 2014 was CNY 53,053,873.91, significantly higher than CNY 4,884,411.74 in Q3 2013[32] Assets and Liabilities - Total assets increased by 30.87% to CNY 13.27 billion compared to the end of the previous year[5] - Total liabilities increased to CNY 11,485,606,487.61 from CNY 8,833,417,892.25 year-to-date[21] - The company’s total equity as of September 30, 2014, was CNY 1,784,092,807.34, up from CNY 1,306,092,947.36 at the beginning of the year[21] - The company’s non-current assets totaled CNY 3,172,675,235.24, compared to CNY 2,994,200,442.54 at the start of the year[21] Cash Flow - Net cash flow from operating activities showed a significant decline of 487.19%, resulting in a negative cash flow of CNY 273.11 million[5] - Cash flow from operating activities showed a significant decline of 487.19% to -¥273,113,644.68 from ¥70,537,416.03, due to increased real estate investments[10] - The cash inflow from sales of goods and services was ¥2,387,827,893.79, slightly lower than ¥2,415,279,157.29 in the previous year, indicating a stable revenue stream[36] - The company reported a total cash inflow from operating activities of ¥2,405,488,043.33, slightly down from ¥2,430,304,013.19 year-on-year[36] - Cash outflows for operating activities were ¥1,691,358,603.56, a decrease from ¥2,296,492,664.59 in the previous year, indicating improved cost management[36] Shareholder Information - The total number of shareholders reached 24,658 by the end of the reporting period[8] - The largest shareholder, Zhu Yicai, holds 41.51% of the shares, totaling 238,343,708 shares[8] - Jiangsu Dihua Industrial Group holds 29.49% of the shares, totaling 169,316,008 shares[8] Investments and Expenditures - Long-term borrowings increased by 40.62% to ¥2,486,810,736.60 from ¥1,768,399,261.77, indicating a rise in loans[10] - The company incurred cash outflows for investment activities amounting to ¥187,810,913.50, compared to ¥124,395,367.27 in the previous year, reflecting increased capital expenditures[36] - The company reported a 93.92% increase in construction in progress to ¥130,646,195.11 from ¥67,369,779.38, reflecting ongoing renovations[10] Other Financial Metrics - The weighted average return on equity decreased by 11.34 percentage points to 32.15%[5] - Operating tax and additional charges decreased by 45.19% to ¥82,058,066.28 from ¥149,713,681.54, due to reduced real estate project revenue recognition[10] - Non-operating income surged by 8,255.43% to ¥111,810,508.48 from ¥1,338,177.23, primarily from compensation for subsidiary relocations[10] - The company's financial expenses for Q3 2014 were CNY 13,699,151.91, an increase of 26.5% from CNY 10,881,169.68 in the same period last year[31]