ACHT(SH:600207)2014-10-29 16:00Financial Performance - Operating revenue for the first nine months increased by 12.86% to CNY 1,402,323,310.36 compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was a loss of CNY 75,235,052.25, an improvement from a loss of CNY 105,778,877.20 in the previous year[8]. - The weighted average return on net assets was -7.50%, improving from -24.92% in the previous year[8]. - Basic and diluted earnings per share were both CNY -0.11, an improvement from CNY -0.19 in the previous year[8]. - The company expects a potential net loss for the year due to economic slowdown and rising costs, particularly in natural gas and photovoltaic glass businesses[21]. - The company reported a net loss of CNY 1,942,811,964.29, compared to a loss of CNY 1,897,359,604.06 in the previous period[30]. - Year-to-date net profit was a loss of ¥70,266,099.70, compared to a loss of ¥101,624,646.62 in the same period last year, showing a reduction in losses[33]. - Net profit for the period was a loss of ¥34,802,745.93, compared to a loss of ¥21,799,921.37 in the same period last year, indicating a worsening performance[33]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY 86,976,807.05, compared to a negative cash flow of CNY -114,512,802.16 in the previous year[8]. - Cash flow from operating activities generated ¥86,976,807.05, a significant improvement from a negative cash flow of -¥114,512,802.16 in the same period last year[38]. - The net cash flow from operating activities was CNY 4,092,529.43, a turnaround from a net outflow of CNY 174,498,681.29 in the previous year[40]. - The total cash outflow for operating activities was CNY 632,766,872.09, compared to CNY 586,684,480.10 in the same period last year, reflecting an increase of about 7.9%[40]. - Cash and cash equivalents at the end of the period stood at CNY 112,298,816.47, down from CNY 170,489,479.48 at the end of the same period last year, a decline of approximately 34.2%[40]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,837,592,472.17, a decrease of 1.40% compared to the end of the previous year[8]. - Net assets attributable to shareholders of the listed company decreased by 7.07% to CNY 967,718,944.78 compared to the end of the previous year[8]. - The company's total liabilities reached CNY 1,570,466,382.68, compared to CNY 1,461,739,837.80, indicating a growth of approximately 7.43%[30]. - Current liabilities rose significantly to CNY 1,328,029,263.68, up from CNY 968,880,152.80, marking an increase of about 37.12%[30]. - The total equity decreased to CNY 1,123,183,883.26 from CNY 1,167,296,940.78, representing a decline of about 3.77%[30]. - Long-term borrowings decreased to CNY 180,000,000.00 from CNY 430,000,000.00, a reduction of approximately 58.14%[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,195[12]. - The largest shareholder, Henan Investment Group Co., Ltd., held 59.00% of the shares, totaling 407,091,949 shares[13]. Operational Costs and Expenses - Sales expenses increased by 39% to ¥60,245,571.90 driven by increased freight and sales commissions[16]. - Total operating costs for the period were ¥491,223,570.65, slightly up from ¥490,654,074.42 year-on-year, resulting in an operating loss of ¥28,765,424.10[33]. - Management expenses decreased to ¥29,405,798.98 from ¥30,848,335.18, indicating cost control measures[33]. Receivables and Investments - Accounts receivable decreased by 42% to ¥145,766,302.08 due to the expiration of notes receivable[15]. - Other receivables decreased by 64% to ¥22,906,644.30 primarily due to timely receipt of government subsidies[15]. - Investment income dropped to zero from ¥2,403,148.34 in the same period last year due to the absence of equity mergers[16]. - The company reported an increase in investment income of ¥14,450,000.00 in the previous year, which was not present in the current period[36].