TYPICAL(SH:600302)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months was CNY 430,190,394.03, a decline of 15.75% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 36,818,070.27, improving from a loss of CNY 42,024,796.52 in the same period last year[6] - The company anticipates a significant decline in cumulative net profit for the year due to the ongoing downturn in the sewing equipment industry, potentially resulting in a loss if there are no non-recurring gains[11] - The net profit for the first nine months of 2016 was a loss of ¥50,005,691.37, compared to a loss of ¥31,285,277.43 in the same period of 2015, indicating a deterioration of approximately 60.06%[27] - The total profit for the first nine months of 2016 was -¥51,808,308.54, compared to -¥32,841,128.17 in the same period of 2015, indicating a worsening financial performance[26] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 81,016,852.41, compared to an outflow of CNY 72,616,886.81 in the previous year[6] - The net cash flow from operating activities for Q3 2016 was -81,016,852.41 RMB, compared to -72,616,886.81 RMB in the same period last year, indicating a decline of approximately 11.5%[31] - The cash inflow from operating activities for the first nine months of 2016 was ¥433,057,601.48, down from ¥493,930,698.11 in the same period of 2015, a decrease of approximately 12.26%[30] - The total cash inflow from operating activities for the first nine months of 2016 was 121,210,015.87 RMB, down from 128,327,114.48 RMB in the same period last year, reflecting a decline of about 5.5%[34] - The net cash flow from operating activities for the first nine months of 2016 was -86,357,002.63 RMB, compared to -71,553,926.32 RMB in the previous year, indicating a deterioration of approximately 20.7%[34] Assets and Liabilities - Total assets decreased by 5.35% to CNY 1,527,129,391.62 compared to the end of the previous year[6] - Total current assets decreased from CNY 1,259,584,654.92 at the beginning of the year to CNY 1,166,791,748.36, reflecting a reduction in cash and receivables[15] - Total liabilities decreased from CNY 387,751,058.82 to CNY 336,286,361.80, showing a reduction in financial obligations[17] - The company's total assets decreased from CNY 1,613,507,044.47 to CNY 1,527,129,391.62, indicating a contraction in the asset base[16] - The company's equity attributable to shareholders decreased from CNY 1,156,627,190.80 to CNY 1,120,298,000.22, reflecting a decline in retained earnings[17] Investments - Investment income increased by 182.00% to CNY 2,911,429.61, attributed to higher financial management returns[9] - Cash received from investment recoveries was CNY 541,192,571.09, an increase of 157.71% compared to the previous period due to the recovery of principal from financial products[10] - Cash received from investment income increased by 55.71% to CNY 2,941,429.61, attributed to higher financial product returns[10] - Cash paid for investments rose by 181.43% to CNY 591,000,000.00, primarily due to increased purchases of financial products[10] - The net cash flow from investment activities for the first nine months was -33,170,552.97 RMB, compared to -585,859.88 RMB in the previous year, showing a significant decline[34] Shareholder Information - The number of shareholders reached 22,682, with the largest shareholder holding 42.77% of the shares[8] Financial Ratios - The weighted average return on net assets was -3.1969%, an improvement from -3.8615% year-on-year[6] - The basic and diluted earnings per share for Q3 2016 were both -¥0.0319, compared to ¥0.0136 in Q3 2015, reflecting a significant decline[27] Inventory and Costs - Inventory decreased from CNY 501,185,766.47 to CNY 479,656,483.07, indicating a reduction in stock levels[15] - Total operating costs for Q3 2016 amounted to CNY 158,736,731.05, compared to CNY 148,400,941.21 in Q3 2015, reflecting an increase of about 6.5%[23]