YIWU CCC(SH:600415)2014-10-17 16:00Financial Performance - Operating revenue for the first nine months rose by 9.65% to CNY 2.97 billion year-on-year[6] - Net profit attributable to shareholders decreased by 47.99% to CNY 320.98 million compared to the same period last year[6] - Basic earnings per share dropped by 47.83% to CNY 0.12 per share[6] - The company anticipates a significant net profit decline of approximately 50% compared to the previous year, due to rental reductions and increased financial costs[14] - Total operating revenue for the third quarter reached ¥1,006,360,284.08, an increase of 7.8% compared to ¥933,213,678.89 in the same period last year[25] - Net profit for the quarter was ¥118,674,619.45, a decrease of 44.2% from ¥212,631,317.72 in the previous year[27] - The company reported a total profit of ¥204,630,796.44, compared to ¥279,872,612.97 in the previous year, reflecting a decline of 26.8%[25] - Investment income for the quarter was ¥12,226,858.56, down from ¥16,931,069.12 year-over-year[25] - Operating profit for the quarter was ¥177,657,188.99, a decrease of 35.6% from ¥276,306,200.63 in the same period last year[25] - Total comprehensive income for the quarter was ¥118,714,723.56, compared to ¥212,627,368.53 in the same period last year, reflecting a decrease of 44.2%[27] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -213.38 million, a decline of 158.64% year-on-year[6] - Cash flow from operating activities decreased by 34.04% to 221,976.52 million, impacted by reduced market fees and sales receipts[13] - The net cash flow from operating activities for the first nine months was -213,382,840.07 RMB, a decrease from 363,858,254.37 RMB in the same period last year[34] - Total cash inflow from investment activities was 2,641,449,542.60 RMB, significantly higher than 738,192,052.40 RMB in the previous year[34] - The net cash flow from investment activities was -2,389,765,742.51 RMB, worsening from -1,716,926,439.33 RMB year-over-year[34] - Cash inflow from financing activities totaled 9,022,160,000.00 RMB, an increase from 5,995,585,000.00 RMB in the same period last year[35] - The net cash flow from financing activities was 2,381,230,307.54 RMB, up from 1,910,334,343.92 RMB year-over-year[35] - The total cash and cash equivalents at the end of the period was 698,389,835.67 RMB, down from 1,835,229,723.40 RMB at the end of the previous year[35] - Cash received from sales of goods and services was 2,219,765,219.75 RMB, a decline from 3,365,538,086.05 RMB in the same period last year[34] - Cash paid for purchasing goods and services was 1,479,028,568.57 RMB, down from 2,070,300,121.93 RMB year-over-year[34] Assets and Liabilities - Total assets increased by 9.72% to CNY 26.41 billion compared to the end of the previous year[6] - Current assets rose to CNY 11.34 billion, up from CNY 10.44 billion, indicating an increase of about 8.6%[20] - Inventory increased significantly to CNY 9.43 billion, compared to CNY 8.87 billion, reflecting a growth of approximately 6.3%[20] - Total liabilities grew to CNY 17.25 billion from CNY 14.97 billion, marking an increase of around 15.2%[20] - Short-term borrowings decreased to CNY 3.54 billion from CNY 4.23 billion, a reduction of about 16.3%[20] - Long-term borrowings increased by 74.76% to 182,100.00 million, driven by rising financing needs[11] - The company's equity increased to CNY 9.16 billion from CNY 9.09 billion, reflecting a growth of about 0.8%[20] - The cash and cash equivalents decreased to CNY 731.41 million from CNY 1.01 billion, a decline of approximately 27.7%[20] - Accounts receivable increased by 117.08% to 15,419.15 million, primarily due to increased sales[11] - Prepayments surged by 2306.98% to 38,451.44 million, attributed to land payments and increased advertising prepayments[11] Shareholder Information - The total number of shareholders reached 98,820 by the end of the reporting period[9] - The largest shareholder, Yiwu Market Development Group Co., Ltd., holds 55.82% of the shares[9] Government Support - Government subsidies recognized in the current period amounted to CNY 3.30 million, contributing to the financial results[8] - The company reported a total of CNY 47.63 million in non-recurring gains and losses for the current period[8]