ZYSC(SH:600280)2018-10-18 16:00Financial Performance - Operating revenue for the first nine months was CNY 5,976,210,931.66, down 7.72% from CNY 6,476,469,506.00 in the same period last year[6] - Net profit attributable to shareholders was CNY 73,644,292.14, representing a decline of 72.97% compared to CNY 272,460,886.50 in the previous year[6] - Basic earnings per share were CNY 0.07, a decrease of 70.83% from CNY 0.24[6] - The company expects a cumulative net profit decline of over 50% compared to the same period last year, mainly due to reduced real estate revenue recognition[12] - The company reported a total profit of CNY 10,717,756.04 for the third quarter of 2018, a decrease of 81.0% from CNY 56,270,631.10 in the same quarter last year[22] - Net profit for the third quarter of 2018 was CNY 2,432,347.46, compared to a net loss of CNY 30,078,819.29 in the same quarter last year[23] - The net profit for Q3 2018 was a loss of ¥22,345,156.16, compared to a profit of ¥18,075,697.57 in the same period last year[25] Cash Flow - Cash flow from operating activities for the first nine months was negative at CNY -148,140,439.03, compared to CNY -159,816,914.66 in the same period last year[6] - Cash flow from operating activities for the first nine months of 2018 was ¥6,776,336,371.79, a decrease of 0.5% from ¥6,810,252,895.81 in the previous year[27] - The net cash flow from operating activities was a loss of ¥148,140,439.03, improving from a loss of ¥159,816,914.66 in the same period last year[27] - Cash flow from investing activities generated a net inflow of ¥475,264,945.48, compared to a net outflow of ¥24,754,538.44 in the previous year[27] - Cash flow from financing activities resulted in a net outflow of ¥581,201,276.27, worsening from a net outflow of ¥222,468,786.11 in the same period last year[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,705,040,039.80, a decrease of 11.07% compared to the end of the previous year[6] - The total assets decreased from ¥17.66 billion at the beginning of the year to ¥15.71 billion[17] - Total liabilities decreased from ¥15.79 billion to ¥13.80 billion, a reduction of approximately 12.5%[18] - Current assets increased from ¥8.06 billion to ¥8.22 billion, reflecting a growth of about 2%[20] - Long-term investments rose from ¥1.43 billion to ¥1.54 billion, an increase of approximately 7.5%[20] Shareholder Information - The total number of shareholders at the end of the reporting period was not specified, but the report includes details on the top ten shareholders[8] - The total number of shareholders is 61,139[9] - The top shareholder, Zhu Yicai, holds 476,687,416 shares, representing 41.51% of total shares, which are frozen[9] Expenses - Financial expenses increased by 71.65% to ¥263.07 million, attributed to rising financing costs[11] - The company experienced a significant increase in management expenses, which rose to CNY 135,363,700.33 in the third quarter of 2018, compared to CNY 120,931,115.38 in the same period last year, an increase of 11.5%[22] - Financial expenses increased to CNY 96,622,135.36 in the third quarter of 2018, compared to CNY 55,615,496.68 in the same period last year, marking a rise of 73.8%[22] Other Financial Metrics - Non-operating income and expenses totaled CNY -6,123,816.65 for the reporting period[7] - The company reported a government subsidy of CNY 1,389,934.31 for the period, totaling CNY 5,244,860.91 year-to-date[7] - Other income for the first nine months of 2018 was CNY 5,244,860.91, indicating a stable performance compared to previous periods[22] - Investment income for the first nine months of 2018 showed a loss of CNY 5,182,952.75, compared to a profit of CNY 10,148,024.65 in the same period last year[22] - The company reported a decrease in sales expenses to CNY 333,689,895.47 for the first nine months of 2018, down from CNY 306,162,605.95 year-on-year, a decrease of 9.0%[22]