LZCIC(SH:600423)2015-10-30 16:00Financial Performance - Operating revenue for the first nine months decreased by 14.01% to CNY 2,002,146,984.92 compared to the same period last year[8]. - Net profit attributable to shareholders was a loss of CNY 188,218,611.21, compared to a loss of CNY 9,296,999.33 in the same period last year[8]. - The company reported a net profit of -188,218,611.21 yuan for Q3 2015, a significant decline compared to -9,296,999.33 yuan in the same period last year, indicating a substantial loss[15]. - Operating profit for the period was -200,254,658.08 yuan, reflecting a drastic deterioration in performance due to declining sales prices of key products such as ammonium nitrate and urea[15]. - The company incurred a total operating loss of ¥200,254,658.08 for the first nine months of 2015, compared to a loss of ¥9,168,354.07 in the same period of 2014[31]. - The net profit for Q3 2015 was a loss of ¥91,012,803.92, compared to a profit of ¥9,562,619.19 in Q3 2014, representing a significant decline[31]. - The total comprehensive income for Q3 2015 was a loss of ¥91,012,803.92, compared to a gain of ¥9,562,619.19 in Q3 2014[32]. Assets and Liabilities - Total assets decreased by 6.15% to CNY 5,007,015,910.28 compared to the end of the previous year[8]. - Total liabilities decreased to ¥3,910,596,257.14, a reduction of 3.02% compared to ¥4,032,644,097.16 at the start of the year[24]. - Current assets totaled ¥1,594,775,851.05, down 12.00% from ¥1,810,164,630.10 at the start of the year[22]. - Cash and cash equivalents decreased significantly to ¥288,525,283.14 from ¥731,908,993.25, representing a decline of 60.60%[22]. - The company's inventory increased to ¥516,227,791.71, up 3.98% from ¥498,239,086.47 at the beginning of the year[22]. - The total assets as of the end of Q3 2015 were ¥4,277,224,389.18, down from ¥4,673,056,011.08 at the end of Q3 2014[27]. - The total liabilities as of the end of Q3 2015 were ¥3,017,246,899.85, a decrease from ¥3,278,571,704.34 at the end of Q3 2014[27]. Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -97,865,675.19, a decrease of 121.56% compared to the same period last year[8]. - Cash flow from operating activities for the first nine months was a net outflow of CNY 97,865,675.19, a significant decline from a net inflow of CNY 453,878,654.50 in the previous year[38]. - Cash inflow from operating activities totaled 1,066,415,314.48 RMB, down 11.5% from 1,205,418,149.26 RMB year-on-year[41]. - Cash outflow from operating activities increased to 1,175,021,672.01 RMB, compared to 1,076,924,472.75 RMB in the previous year, marking a rise of 9.1%[41]. - Cash flow from investing activities resulted in a net outflow of -30,851,532.92 RMB, compared to -338,483,750.24 RMB last year, indicating a significant reduction in losses[42]. - The company reported a cash flow net decrease of -383,919,731.76 RMB, contrasting with an increase of 282,669,019.54 RMB in the previous year[42]. Shareholder Information - The number of shareholders at the end of the reporting period was 31,677[12]. - The total equity attributable to shareholders decreased to ¥1,096,419,653.14, down 15.83% from ¥1,302,607,060.95 at the start of the year[24]. - Basic earnings per share for Q3 2015 were -¥0.23, compared to ¥0.03 in Q3 2014[32]. Related Party Transactions - Other receivables increased by 589.78% to CNY 210,046,230.67 mainly due to non-operating fund occupation by related parties[14]. - Non-operating fund transactions with related parties amounted to 119,055.05 million yuan, with 115,995.05 million yuan provided by the company to related parties[17]. Regulatory and Corporate Actions - The company is under investigation by the China Securities Regulatory Commission for potential violations related to information disclosure[16]. - The company plans to raise up to 1.6 billion yuan through a non-public stock issuance, pending necessary approvals[16]. - The company has eliminated all competition with its controlling shareholder, ensuring no overlap in business operations[19].