TJRD(SH:600322)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months increased by 5.01% to CNY 1.78 billion compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 269.51 million, a decrease of 783.03% compared to the same period last year[6]. - Basic earnings per share decreased by 700.00% to CNY -0.24 compared to the same period last year[6]. - Total revenue for Q3 2016 was CNY 610,555,556.36, a decrease of 32% compared to CNY 896,932,074.55 in Q3 2015[22]. - Net profit for Q3 2016 was a loss of CNY 168,453,968.76, compared to a profit of CNY 69,548,685.37 in Q3 2015, indicating a significant decline in profitability[23]. - The company reported a gross profit margin decline, with operating profit for Q3 2016 at CNY -157,809,378.41 compared to CNY 95,819,274.65 in Q3 2015[23]. - The company plans to focus on cost management and operational efficiency to improve future profitability amidst challenging market conditions[23]. Assets and Liabilities - Total assets increased by 24.49% to CNY 30.37 billion compared to the end of the previous year[6]. - The company's current assets totaled RMB 28.79 billion, up from RMB 22.76 billion at the start of the year[16]. - The total liabilities reached RMB 25.04 billion, compared to RMB 18.79 billion at the beginning of the year[18]. - Total assets increased to CNY 16,263,265,363.72 in Q3 2016, up from CNY 13,453,659,965.73 in Q3 2015, showing growth in asset base[21]. - Total liabilities rose to CNY 12,626,031,749.30 in Q3 2016, compared to CNY 9,438,934,410.51 in Q3 2015, indicating increased leverage[21]. - Long-term borrowings increased to CNY 3,494,000,000.00 in Q3 2016, up from CNY 2,300,000,000.00 in Q3 2015, indicating a strategy to finance growth through debt[21]. Cash Flow - Net cash flow from operating activities improved by 79.30%, with a net outflow of CNY 471.95 million compared to CNY 2.28 billion in the same period last year[6]. - The cash flow from operating activities for the first nine months of 2016 was -¥471,948,993.10, an improvement from -¥2,279,597,719.51 in the same period last year[29]. - Operating cash flow for the first nine months of 2016 was CNY 18,115,974,511.29, a significant increase from CNY 5,346,811,645.75 in the same period last year[31]. - Net cash flow from operating activities in Q3 2016 was CNY 112,020,006.81, recovering from a loss of CNY 4,601,167,671.67 in Q3 2015[32]. - Total cash inflow from operating activities for the first nine months of 2016 included CNY 18,020,714,884.24 from other operating activities, a substantial rise from CNY 5,059,931,696.79 last year[31]. Shareholder Information - The total number of shareholders at the end of the reporting period was 83,408[10]. - The largest shareholder, Tianjin Real Estate Group, holds 25.11% of the shares, with 73 million shares pledged[10]. Government Subsidies - Government subsidies recognized in the first nine months amounted to CNY 130.37 million, primarily related to land consolidation projects[7]. Financing Activities - The company completed a non-public issuance of bonds on July 7, raising a total of RMB 1.2 billion, with a coupon rate of 6.99% for both bond types[13]. - Cash inflow from financing activities in Q3 2016 was CNY 4,386,930,000.00, compared to CNY 6,900,000,000.00 in Q3 2015[32]. - The company raised CNY 3,195,000,000.00 from borrowings in Q3 2016, compared to CNY 2,900,000,000.00 in Q3 2015[32].