BAOTI(SH:600456)2014-11-10 16:00Financial Performance - Revenue for the first nine months rose by 2.26% to CNY 1,767,638,781.62 compared to the same period last year[8]. - Net profit attributable to shareholders decreased by 56.38% to CNY 1,506,620.28, primarily due to reduced profitability[9]. - The net profit excluding non-recurring gains and losses was CNY -622,086.27, showing a significant improvement of 96.16% compared to the previous year[9]. - Basic and diluted earnings per share both decreased by 50% to CNY 0.004[9]. - Total revenue for the third quarter reached ¥520,682,211.67, an increase of 5.5% compared to ¥494,959,513.55 in the same period last year[41]. - Net profit for the quarter was a loss of ¥21,059.71, compared to a loss of ¥93,232.08 in the previous year, indicating an improvement in performance[42]. - Operating revenue for Q3 reached ¥456.39 million, a 25.5% increase from ¥363.86 million in the same period last year[46]. - Net profit for Q3 was ¥1.01 million, compared to a net loss of ¥6.51 million in Q3 of the previous year[46]. - Total comprehensive income for the first nine months was a loss of ¥20.85 million, an improvement from a loss of ¥22.83 million in the same period last year[46]. Cash Flow - Net cash flow from operating activities improved significantly by 153.87%, reaching CNY 116,235,716.31 for the period[8]. - Operating cash flow net amount improved by 153.87% to ¥116,235,716.31 due to increased cash received from sales[15]. - Cash flow from operating activities generated ¥116.24 million, a significant improvement from a negative cash flow of ¥215.78 million in the same period last year[49]. - Net cash flow from operating activities improved to $89.49 million, compared to a loss of $93.47 million in the same period last year[53]. - Cash outflow from investing activities significantly reduced to $5.96 million from $107.42 million year-over-year[53]. - Net cash flow from investing activities was -$4.07 million, an improvement from -$103.85 million in the previous year[53]. - Financing activities generated a net cash outflow of ¥16.62 million, compared to a net inflow of ¥269.56 million in the same period last year[50]. - Net cash flow from financing activities showed a decrease to -$16.62 million, compared to a positive $200.96 million in the same period last year[54]. Assets and Liabilities - Total assets increased by 1.49% to CNY 6,686,824,432.45 compared to the end of the previous year[8]. - Accounts receivable increased by 70.86% to ¥722,130,731.99 due to an increase in customer sales debts[13]. - Prepayments surged by 195.60% to ¥76,332,235.84 as a result of increased material procurement payments[13]. - Long-term borrowings increased by 65.94% to ¥251,650,000.00, indicating a need for additional funding[13]. - The company’s total liabilities increased to RMB 2,774,396,864.86 from RMB 2,654,013,657.99, marking an increase of about 4.5%[33]. - The total liabilities rose to ¥2,789,341,777.63, compared to ¥2,639,495,273.61, reflecting an increase of 5.7%[37]. - The company's long-term borrowings increased to RMB 251,650,000.00 from RMB 151,650,000.00, representing a growth of 65.8%[33]. Shareholder Information - The total number of shareholders reached 48,767 by the end of the reporting period[12]. - The largest shareholder, BaoTi Group Co., Ltd., held 54.98% of the shares, totaling 236,549,503 shares[12]. - The company's equity attributable to the owners of the parent company was RMB 3,607,433,988.39, a slight decrease from RMB 3,627,440,653.11, reflecting a decline of about 0.8%[33]. Government and Other Income - Government subsidies recognized during the period amounted to CNY 4,269,790.12, which is a decrease compared to the previous year[11]. - The company reported a significant reduction in non-operating income and expenses, with a total impact of CNY 109,261.18 for the period[11]. - The company reported a 2269.72% increase in business tax and surcharges to ¥9,126,387.56, attributed to higher VAT payments[13]. - The company’s investment income turned negative at -¥791,244.91, a decline of 120.86% compared to the previous year[13].