YCIG(SH:600345)2015-10-30 16:00Financial Performance - Operating revenue decreased by 35.18% to CNY 428,053,734.75 for the first nine months compared to the same period last year[6] - Net profit attributable to shareholders decreased by 47.63% to CNY 25,200,742.95 for the first nine months compared to the same period last year[6] - Basic and diluted earnings per share decreased by 45.83% to CNY 0.13[7] - Total operating revenue for Q3 2015 was CNY 140,959,392.82, a decrease of 23% compared to CNY 182,897,232.13 in Q3 2014[25] - Net profit for the first nine months of 2015 was CNY 428,053,734.75, compared to CNY 660,361,988.05 for the same period in 2014, reflecting a decline of approximately 35%[25] - In Q3 2015, the company reported a net profit of CNY 2,179,470.47, compared to a net loss of CNY 14,685,219.80 in the same period last year, marking a significant turnaround[27] - The total comprehensive income attributable to the parent company for Q3 2015 was CNY -896,539.17, reflecting a decrease from CNY 16,180,256.18 in the previous year[28] Cash Flow - Net cash flow from operating activities was negative at CNY -123,262,473.50, a decrease of 36.96% compared to the same period last year[6] - Cash inflow from operating activities totaled CNY 415,516,754.14, a decrease of 45.4% compared to CNY 761,421,617.74 in the previous year[34] - Net cash outflow from operating activities was CNY -123,262,473.50, worsening from CNY -89,998,088.96 year-over-year[34] - Cash inflow from investment activities was CNY 25,511,110.66, down from CNY 30,759,127.32 in the previous year[34] - Net cash outflow from investment activities reached CNY -106,901,797.36, compared to CNY -5,452,510.45 in the previous year[34] - Cash inflow from financing activities amounted to CNY 140,899,220.00, a decrease from CNY 234,366,592.88 year-over-year[35] - Net cash flow from financing activities improved to CNY 49,714,073.66, compared to CNY -46,198,917.21 in the previous year[35] Assets and Liabilities - Total assets increased by 2.64% to CNY 1,712,049,587.77 compared to the end of the previous year[6] - The company reported a decrease in net assets attributable to shareholders by 0.08% to CNY 1,184,809,876.35 compared to the end of the previous year[6] - Total current liabilities increased to CNY 325,206,975.62 from CNY 277,714,835.43 at the beginning of the year, representing an increase of 17%[20] - The total equity attributable to shareholders was CNY 1,184,809,876.35, slightly down from CNY 1,185,718,097.91 at the beginning of the year[21] - The company reported a significant increase in accounts payable, rising to CNY 47,359,931.53 from CNY 37,692,413.87, an increase of 26%[20] Shareholder Information - The total number of shareholders reached 16,609 at the end of the reporting period[10] - The largest shareholder, Wuhan FiberHome Technologies Group Co., Ltd., holds 28.63% of the shares[10] Development and Expenditures - Development expenditures increased by 962% to ¥2,574,894.34 from ¥242,476.53[13] - The company has not disclosed any new product or technology developments in this report[6] - The company plans to continue focusing on market expansion and new product development to drive future growth[30] Other Financial Metrics - Cash and cash equivalents decreased by 47% to ¥204,166,052.64 from ¥384,615,334.22[13] - Accounts receivable decreased by 65% to ¥7,417,948.80 from ¥21,497,235.00[13] - Operating costs decreased by 38% to ¥372,808,625.61 from ¥601,008,618.26[13] - Financial expenses reduced by 65% to ¥2,124,057.46 from ¥6,103,119.15[13] - The company reported an asset impairment loss of CNY 6,021,045.66 in Q3 2015, a significant decrease from CNY 17,959,553.94 in the previous quarter[27] - The management expenses for the first nine months of 2015 totaled CNY 79,408,591.17, showing a slight increase compared to CNY 77,873,623.89 in the same period last year[27]