HOMEY(SH:600467)2014-10-27 16:00Financial Performance - Operating revenue decreased by 11.49% to CNY 581,995,600.75 for the first nine months compared to the same period last year[8]. - Net profit attributable to shareholders decreased by 73.29% to CNY 15,957,409.08 for the first nine months compared to the same period last year[8]. - Basic earnings per share decreased by 70.00% to CNY 0.03 per share[9]. - The net profit attributable to the parent company decreased by 68.60% year-on-year, with the average price of the main product, sea cucumber, dropping by 15.94% to 106.26 yuan/kg, leading to an 11.49% decrease in operating revenue[14]. - Total revenue for Q3 2014 was CNY 138,961,829.85, a decrease of 7.6% compared to CNY 150,399,712.64 in Q3 2013[25]. - Net profit for Q3 2014 was CNY 795,883.32, a decline of 13.0% compared to CNY 913,810.57 in Q3 2013[26]. - The net profit for Q3 2014 was -5,019,795.70 RMB, compared to a profit of 4,119,563.11 RMB in the same period last year, indicating a significant decline[29]. - Total comprehensive income for Q3 2014 was -5,019,795.70 RMB, compared to 4,119,563.11 RMB in the same quarter of the previous year[29]. - The company’s total profit for Q3 2014 was -5,019,014.70 RMB, a significant drop from 5,120,344.11 RMB in Q3 2013[29]. Assets and Liabilities - Total assets increased by 9.48% to CNY 4,579,851,530.69 compared to the end of the previous year[8]. - Total liabilities increased to 1.66 billion yuan from 1.24 billion yuan at the beginning of the year[18]. - The company's total assets increased to CNY 4,444,246,585.03 from CNY 4,099,860,002.94 year-over-year, reflecting a growth of 8.4%[21]. - Total liabilities rose to CNY 1,465,235,110.14, an increase of 32.5% from CNY 1,106,236,161.62 in the previous year[21]. - The company’s total equity decreased slightly to CNY 2,979,011,474.89 from CNY 2,993,623,841.32 year-over-year, a decline of 0.5%[21]. Cash Flow - The company reported a net cash flow from operating activities of CNY 68,500,117.27 for the first nine months, a decrease of 2.20% compared to the same period last year[8]. - The net cash flow from operating activities for the first nine months of 2014 was 68,500,117.27 RMB, slightly down from 70,037,737.23 RMB in the same period last year[33]. - Cash flow from investing activities showed a net outflow of -424,358,389.89 RMB, an improvement from -484,619,104.97 RMB year-over-year[34]. - Cash flow from financing activities generated a net inflow of 337,838,659.01 RMB, compared to 49,242,618.75 RMB in the previous year, indicating a strong increase in financing[34]. - The company reported cash and cash equivalents at the end of Q3 2014 of 167,536,158.03 RMB, down from 185,555,771.64 RMB at the beginning of the period[34]. Shareholder Information - The total number of shareholders reached 74,266 by the end of the reporting period[11]. - The largest shareholder, Haodangjia Group Co., Ltd., holds 41.5% of the shares[11]. Operational Costs and Expenses - Total operating costs for Q3 2014 were CNY 145,331,112.34, down 4.5% from CNY 151,357,804.87 in the same period last year[25]. - Financial expenses increased by 49.35% year-on-year, attributed to increased bank borrowings and rising interest rates[14]. - Other current assets increased by 191.22% compared to the beginning of the year, attributed to new store rental and renovation expenses[13]. - Accounts payable increased by 198.22% compared to the beginning of the year, primarily due to an increase in bank acceptance bills issued for production and operation[14]. - Other payables increased by 40.31% compared to the beginning of the year, mainly due to increased deposits payable to suppliers and customer guarantees totaling 3.04 million yuan[14]. - Other long-term liabilities increased by 28.80% compared to the beginning of the year, due to government subsidies received totaling 9.26 million yuan[14]. - Minority interests increased by 70.66% year-on-year, as the losses of subsidiaries decreased from 30.27 million yuan to 8.31 million yuan[14]. Investment Income - Investment income increased by 75.03% year-on-year, with dividends received from Weihai Commercial Bank amounting to 6.49 million yuan and from Tianjin Jiangsu Bridge Fund totaling 2.24 million yuan[14]. - Investment income for the first nine months of 2014 was 8,731,663.14 RMB, more than doubling from 4,988,713.06 RMB in the same period last year[33].