ZJQY(SH:600210)2014-10-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 25.33% to CNY 188,231,976.40 for the reporting period[9] - Basic earnings per share decreased by 25.14% to CNY 0.131 for the reporting period[9] - The weighted average return on net assets decreased by 1.80 percentage points to 5.00%[9] - The company reported a decrease in net profit after deducting non-recurring gains and losses by 23.19% to CNY 176,382,704.93[9] - Total operating revenue for Q3 2014 was CNY 2,211,108,236.35, a decrease of 4.77% compared to CNY 2,321,631,689.14 in Q3 2013[46] - Net profit attributable to shareholders for Q3 2014 was CNY 35,031,857.30, a decline of 60.83% compared to CNY 89,450,029.69 in Q3 2013[48] - The company reported a basic earnings per share of CNY 0.024 for Q3 2014, down from CNY 0.062 in Q3 2013[48] - The company has not reported any significant changes in net profit or losses compared to the previous year[30] Assets and Liabilities - Total assets increased by 9.30% to CNY 11,632,950,702.68 compared to the end of the previous year[8] - Total liabilities increased to CNY 7.49 billion from CNY 6.63 billion, reflecting a rise of about 13%[41] - The total current assets reached CNY 5.25 billion, compared to CNY 4.38 billion at the beginning of the year, marking an increase of 19.9%[39] - The total equity increased to CNY 4.15 billion from CNY 4.02 billion, representing a growth of approximately 3.3%[41] - The total assets of the company as of Q3 2014 amounted to CNY 9,871,487,339.59, an increase from CNY 8,775,390,727.59 in the previous year[45] - The total liabilities increased to CNY 6,383,963,632.68 in Q3 2014, compared to CNY 5,577,829,636.54 in Q3 2013, marking an increase of 14.39%[45] Cash Flow - Net cash flow from operating activities decreased by 25.78% to CNY 590,144,097.77 year-to-date[8] - Cash flow from financing activities turned positive at 50,646.69 million yuan, a significant improvement from a negative cash flow of 45,681.64 million yuan in the previous year[16] - The cash flow from operating activities for the first nine months of 2014 was CNY 590.14 million, down from CNY 795.08 million in the same period last year, indicating a decline of 25.8%[56] - The company reported a cash inflow from investment activities of CNY 1.38 billion, an increase from CNY 1.23 billion in the previous year, reflecting a growth of 12.2%[56] - Cash inflow from investment activities totaled CNY 1,742,463,993.48, compared to CNY 1,671,510,746.82 in the same period last year, indicating a year-over-year increase of about 4.25%[61] - Net cash flow from financing activities was CNY 476,437,592.21, a significant improvement from a negative cash flow of CNY 280,043,029.84 in the previous year[62] Shareholder Information - The total number of shareholders reached 150,908 by the end of the reporting period[12] - The largest shareholder, Shanghai Zijiang (Group) Co., Ltd., holds 22.99% of the shares[12] - The company currently holds 330,375,073 shares, representing 22.99% of the total issued shares[27] Future Plans and Commitments - The company plans to raise up to 216 million yuan through a non-public offering of shares to its controlling shareholder, Shanghai Zijiang Group[20] - The company plans to issue up to 80 million shares at an adjusted price of 2.60 CNY per share, raising a total of up to 208 million CNY[24] - The non-public offering is subject to approval from the China Securities Regulatory Commission (CSRC)[25] - The company has committed to not transferring the newly issued shares for 36 months post-issuance[27] - The company plans to exit the real estate industry after completing the "Shanghai Crystal Garden" project, as it does not have further development plans in this sector[28] - The company has committed to using the raised funds strictly for operational activities and will not invest in financial products or real estate-related businesses[28] - The company will continue to maintain its independence and protect the rights of minority shareholders[27] Financial Adjustments and Compliance - The company confirms that the financial statements for the past year and the current quarter have not been affected by any significant accounting policy changes, maintaining the integrity of total assets, net assets, and net profit[30] - The company has adjusted its accounting policies to comply with new standards, but this will not impact its financial results for 2013 or the third quarter of 2014[31] - The company has confirmed that there are no significant violations or administrative penalties affecting its current directors and senior management in the past 36 months[28]