TYPICAL(SH:600302)2014-10-30 16:00Financial Performance - Operating income for the first nine months was CNY 617,711,290.45, a decrease of 4.11% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 62,293,758.22, compared to a loss of CNY 22,699,615.42 in the same period last year[6] - The total profit for Q3 2014 was -61,216,949.61, a decrease of 182.13% compared to the previous period[19] - Net profit attributable to the parent company was -62,293,758.22, reflecting a decline of 174.43% year-over-year[19] - The basic and diluted earnings per share were both -0.1795, indicating a significant loss compared to -0.0658 in the previous period[19] - Net profit for Q3 was -¥21,998,581.73, compared to -¥6,467,790.26 in the same quarter last year, reflecting a significant increase in losses[51] - The company reported a net loss attributable to shareholders of -¥22,150,951.87 for Q3, worsening from -¥7,045,484.58 in the previous year[51] Cash Flow - Net cash flow from operating activities was negative CNY 36,704,143.90, a decrease of 225.60% compared to the same period last year[6] - The net cash flow from operating activities was -36,704,143.90, a decrease compared to 29,223,214.01 in the same period last year[56] - Total cash inflow from operating activities was 623,297,740.07 RMB, while cash outflow was 660,001,883.97 RMB, resulting in a net cash flow of -36,704,143.90 RMB[56] - Cash inflow from investment activities totaled 275,903,317.83 RMB, while cash outflow was 314,765,077.68 RMB, leading to a net cash flow of -38,861,759.85 RMB[57] - The net cash flow from financing activities was -52,468,129.29 RMB, compared to a positive cash flow of 488,983.75 RMB in the same period last year[57] Assets and Liabilities - Total assets decreased by 7.99% to CNY 1,603,777,015.73 compared to the end of the previous year[6] - Current assets decreased from CNY 1,336,192,297.24 to CNY 1,166,212,640.25, a reduction of about 12.7%[43] - Cash and cash equivalents decreased significantly from CNY 395,791,605.14 to CNY 267,311,565.12, a drop of approximately 32.4%[43] - Total liabilities decreased from CNY 470,539,968.63 to CNY 392,702,101.62, a reduction of about 16.5%[45] - Current liabilities decreased from CNY 464,757,030.94 to CNY 387,462,746.31, a decline of approximately 16.6%[44] Expenses - Management expenses increased by 30.24% to CNY 90,926,472.14 compared to the previous period[17] - Financial expenses decreased by 77.93% to CNY 789,229.49 compared to the previous period[17] - The company experienced a significant increase in management expenses, which rose to ¥30,630,231.02 in Q3 from ¥25,606,742.71 in the same period last year, marking a 19.8% increase[51] Investments - The company reported a significant increase in construction in progress by 147.01% to CNY 32,471,151.38 compared to the beginning of the year[17] - The company reported a significant increase in long-term equity investments from CNY 143,545,767.80 to CNY 167,329,167.80, reflecting an increase of about 16.5%[47] - The company reported an investment income of ¥288,493.15 in Q3, compared to no investment income reported in the same period last year[51] - The company anticipates a potential cumulative net loss for the year due to a weak industrial sewing machine market and increased competition[34] Shareholder Information - The number of shareholders at the end of the reporting period was 26,821[8]