G.W(SH:600462)2015-10-26 16:00Financial Performance - Operating revenue for the first nine months increased by 0.19% to CNY 207,894,497.39 compared to the same period last year[6] - Net profit attributable to shareholders was a loss of CNY 31,326,886.89, a decrease of 1,117.67% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY -0.0587, a decrease of 1,112.07% compared to the same period last year[7] - Total operating revenue for Q3 2015 was ¥73,285,787.53, an increase from ¥66,943,760.08 in Q3 2014, representing a growth of approximately 5.0%[38] - Total operating costs for Q3 2015 were ¥87,644,497.90, up from ¥66,620,587.06 in Q3 2014, indicating an increase of about 31.5%[38] - Operating profit for Q3 2015 was a loss of ¥3,946,460.85, compared to a profit of ¥323,173.02 in Q3 2014[39] - Net profit for Q3 2015 was a loss of ¥4,558,783.94, contrasting with a profit of ¥1,053,712.69 in Q3 2014, marking a significant decline[39] - Total comprehensive income for the first nine months was a loss of CNY 31,326,886.89, compared to a profit of CNY 3,078,282.10 in the same period last year[42] Assets and Liabilities - Total assets decreased by 4.54% to CNY 410,340,340.76 compared to the end of the previous year[6] - Net assets attributable to shareholders decreased by 9.77% to CNY 289,168,759.12 compared to the end of the previous year[6] - The company reported a total asset value of ¥410,340,340.76 as of September 30, 2015, down from ¥429,866,269.81 at the beginning of the year, reflecting a decrease of approximately 4.5%[32] - The company's total liabilities amounted to ¥114,835,753.67, which is an increase from ¥109,370,623.80 at the beginning of the year, showing a rise of about 5.3%[32] - Total liabilities for Q3 2015 were ¥51,780,000.00, compared to ¥109,370,623.80 in the previous period, showing a decrease of approximately 52.7%[35] - Owner's equity totaled ¥289,168,759.12 in Q3 2015, down from ¥320,495,646.01 in the previous period, reflecting a decline of about 9.8%[35] Cash Flow - Net cash flow from operating activities was CNY 18,534,468.66, compared to a negative cash flow of CNY -20,894,830.05 in the same period last year[6] - The company recorded a net cash outflow from operating activities of CNY 126,462,290.55, compared to CNY 184,533,597.16 in the same period last year[45] - The net cash flow from operating activities for Q3 2015 was -6,519,492.91 RMB, compared to -20,894,830.05 RMB in the same period last year, indicating an improvement[49] - Total cash inflow from investment activities was 299,399,230.62 RMB, while cash outflow was 71,122,769.47 RMB, resulting in a net cash flow from investment activities of 228,276,461.15 RMB[49] - The net cash flow from financing activities was -477,001.49 RMB, compared to -206,904.62 RMB in the previous year, reflecting increased cash outflows[49] - The total cash and cash equivalents at the end of Q3 2015 amounted to 247,848,759.12 RMB, up from 35,103,773.83 RMB at the end of the previous year[49] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,741[11] - The largest shareholder, Dunhua Jincheng Industrial Co., Ltd., held 24.68% of the shares[11] - The company’s major shareholder, Dunhua Jincheng Industrial Co., Ltd., has committed to not sell its shares for 36 months following the resumption of trading[26] Acquisitions and Restructuring - The company completed the acquisition of 70% equity in Shenzhen Bolixin Technology Co., leading to significant changes in financial data[14] - Cash and cash equivalents increased by 851.37% compared to the beginning of the year, primarily due to the sale of 100% equity in Yanbian Shixian Shuanglu Industrial Co.[14] - The company completed the sale of 100% equity in Yanbian Shixian Shuanglu Industrial Co., Ltd. to Dunhua Jincheng Industrial Co., Ltd. and acquired 70% equity in Shenzhen Bolixin Technology Co., Ltd. from Zhonghua and Liu Jianjun[22] - The company is in the process of a major asset restructuring involving the acquisition of assets related to mobile communication terminals and IoT terminal businesses controlled by Wei Feng[24] - The company is currently undergoing due diligence, auditing, and evaluation for the major asset restructuring, which is still in progress[24] Expenses - The company’s management expenses increased by 38.77% year-on-year, mainly due to the sale of Yanbian Shixian Shuanglu Industrial Co.[17] - Sales expenses for the first nine months were CNY 7,054,894.05, down from CNY 12,456,036.85 in the same period last year, reflecting a decrease of approximately 43.5%[41] - Management expenses for the first nine months were CNY 25,804,022.01, slightly down from CNY 25,857,416.43 in the same period last year[41]