ERDOS(SH:600295)2015-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 10.77 billion, a decrease of 4.46% year-on-year[8] - Net profit attributable to shareholders was CNY 172.92 million, down 34.71% from the previous year[8] - Basic earnings per share decreased to CNY 0.17, down 34.62% from CNY 0.26 in the previous year[8] - The weighted average return on equity decreased by 1.47 percentage points to 2.40%[8] - Operating revenue for the third quarter was ¥3,624,942,240.85, down from ¥4,234,381,055.41, a decrease of approximately 14.4% year-over-year[29] - The company reported a net profit margin decline due to increased operating costs and reduced revenue[29] - Net profit for Q3 2015 was approximately 159.4 million, compared to 165.6 million in Q2 2015, indicating a decrease of about 1.3%[31] - The company reported a net profit attributable to shareholders of approximately 62.2 million for Q3 2015, down from 87.8 million in Q2 2015, a decline of about 29.3%[31] - Total comprehensive income for Q3 2015 was approximately 159.9 million, compared to 165.4 million in Q2 2015, showing a decrease of about 3.0%[33] Cash Flow - Net cash flow from operating activities was CNY 2.86 billion, a decline of 25.25% compared to the same period last year[7] - The company's cash flow from financing activities showed a significant decrease of 97.42%, amounting to CNY -24,905,208.09 from CNY -966,272,421.08[16] - Cash flow from operating activities for the first nine months of 2015 was ¥912,157,569.64, down from ¥1,079,121,490.39 in the previous year[41] - The net cash flow from operating activities for Q3 2015 was ¥44,206,510.86, a significant decrease from ¥503,237,542.51 in the same period last year[42] - The net cash flow from financing activities was ¥1,249,219,159.22, a turnaround from a negative cash flow of -¥834,280,843.62 in the same quarter last year[42] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 44.92 billion, an increase of 2.16% compared to the end of the previous year[7] - The company’s total liabilities decreased by 34.38% to CNY 2,067,411,925.36 from CNY 3,150,434,002.26, indicating improved financial health[15] - Total assets increased to ¥44,924,521,410.17 from ¥43,973,677,409.46, representing a growth of approximately 2.15%[22] - Total liabilities rose to ¥31,613,430,796.51 compared to ¥30,443,455,774.56, an increase of about 3.91%[23] - Current liabilities totaled ¥22,862,882,401.91, up from ¥21,466,330,069.82, marking an increase of approximately 6.52%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 61,807[12] - The largest shareholder, Inner Mongolia Ordos Cashmere Group, holds 420 million shares, accounting for 40.70% of total shares[12] Investments and Expenses - Long-term equity investments rose by 8.52% to CNY 6,012,278,553.54 from CNY 5,539,592,480.15[21] - The company reported a significant increase in payable dividends, which surged to CNY 79,482,033.37 from CNY 1,923,650.57, marking a 4,031.83% increase[15] - Management expenses for the first nine months of 2015 were CNY 170,374,682.27, an increase of 12.8% compared to CNY 151,026,530.35 in the same period last year[35] - Financial expenses for the first nine months of 2015 were CNY 395,113,101.41, slightly up from CNY 391,936,045.15 in the same period last year[35] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[29]