But'one(SH:600455)2014-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 76.35% to CNY 3,032,746.87 for the first nine months of the year[8]. - Operating revenue for the first nine months was CNY 142,507,063.86, down 19.87% year-on-year[8]. - The company reported a basic earnings per share of CNY 0.05, down 76.19% from the previous year[8]. - The company’s net loss decreased to ¥87,384,884.15 from ¥90,417,631.02, showing an improvement of approximately 3.4%[26]. - Net profit for Q3 2014 was CNY 3,527,593.37, a decline of 62.0% compared to CNY 9,281,683.70 in Q3 2013[35]. - The company reported a total profit of CNY 3,647,386.20 for Q3 2014, a decrease of 60.8% compared to CNY 9,303,550.80 in Q3 2013[35]. - Total operating revenue for Q3 2014 was CNY 49,061,298.10, a decrease of 9.4% compared to CNY 54,340,078.99 in Q3 2013[34]. - Total operating costs for Q3 2014 were CNY 47,006,714.23, down 11.3% from CNY 52,985,110.42 in the same period last year[34]. - Operating profit for Q3 2014 was CNY 2,053,104.03, down 70.5% from CNY 6,978,851.59 in Q3 2013[34]. - Earnings per share for Q3 2014 was CNY 0.04, down from CNY 0.13 in Q3 2013[35]. Assets and Liabilities - Total assets increased by 5.93% to CNY 748,092,570.09 compared to the end of the previous year[8]. - The total liabilities increased to ¥575,320,243.64 from ¥539,783,658.29, which is an increase of about 6.6%[26]. - The company’s total assets at the end of Q3 2014 were CNY 177,403,801.06, slightly up from CNY 176,231,053.68 at the end of Q3 2013[34]. - The company’s non-current assets totaled ¥530,149,623.63, down from ¥536,277,767.55, indicating a decrease of about 1.1%[25]. - Accounts receivable rose to ¥37,626,916.84 from ¥29,317,111.95, indicating an increase of about 28.4%[24]. - The company’s total equity increased to ¥172,772,326.45 from ¥166,419,869.85, reflecting a growth of approximately 3.9%[26]. - Total equity decreased to CNY 93,441,788.62 from CNY 100,505,279.46 year-over-year, reflecting a decline of 7.5%[34]. Cash Flow - Net cash flow from operating activities increased by 85.60% to CNY 59,099,280.18 compared to the same period last year[8]. - Operating cash inflow for the first nine months of 2014 was CNY 177,260,960.40, a decrease of 21.1% compared to CNY 224,626,422.93 in the same period last year[42]. - Cash outflow for purchasing goods and services was CNY 38,033,154.92, down 61.1% from CNY 97,709,226.24 in the previous year[42]. - Cash flow from investment activities was negative CNY 10,665,949.67, an improvement from negative CNY 36,970,164.63 in the same period last year[43]. - Cash inflow from financing activities increased significantly to CNY 80,000,000.00, compared to CNY 20,000,000.00 in the previous year, marking a 300% increase[43]. - Net cash flow from financing activities was CNY 4,154,918.01, a turnaround from negative CNY 29,966,923.13 year-on-year[43]. - The ending cash and cash equivalents balance was CNY 158,727,037.64, slightly down from CNY 164,692,828.32 at the end of the previous year[43]. - Total cash inflow from operating activities for the parent company was CNY 27,433,946.82, down 38.8% from CNY 44,821,320.25 in the previous year[46]. - The parent company's net cash flow from operating activities was negative CNY 20,273,127.37, worsening from negative CNY 12,753,604.59 year-on-year[46]. - Cash flow from financing activities for the parent company was CNY 15,000,000.00, down from CNY 33,000,000.00 in the previous year[47]. Shareholder Information - The number of shareholders at the end of the reporting period was 5,902[10]. - The largest shareholder, Xi'an Economic Development Group, holds 20.40% of the shares[10]. Corporate Actions - The company is planning a major asset restructuring involving the acquisition of 100% equity of Shaanxi Automobile Group Co., Ltd. from Shaanxi Automobile Holding Group Co., Ltd.[19]. - The company’s stock was suspended for trading on August 25, 2014, due to significant matters related to the asset restructuring[19]. - The company has undergone changes in its board of directors and management, with new appointments made on August 28, 2014[18]. Other Financial Metrics - Long-term borrowings increased by 103.23% to CNY 63,000,000.00 due to increased loans from subsidiaries[13]. - Other receivables increased by 114.16% to CNY 6,030,007.16, attributed to increased performance guarantees[13]. - The company’s income tax expenses decreased by 59.46% to ¥278,673.72 from ¥687,391.94 in the same period last year[14]. - The company reported a significant increase in other operating expenses, which rose by 113.68% to ¥123,701.00 from ¥57,891.14[14]. - The company has not made any significant changes to its accounting policies that would affect the financial statements[23]. - There are no warnings regarding potential losses or significant changes in net profit compared to the previous year[20].