BLACK PEONY(SH:600510)2015-10-29 16:00Financial Performance - Operating revenue decreased by 31.57% to CNY 3,096,246,678.84 compared to the same period last year[8] - Net profit attributable to shareholders decreased by 21.32% to CNY 157,058,136.08 compared to the same period last year[8] - Basic and diluted earnings per share decreased by 21.32% to CNY 0.1974 compared to CNY 0.2509 in the same period last year[8] - The weighted average return on net assets decreased by 1.01 percentage points to 3.34% compared to the same period last year[8] - Total operating revenue for Q3 2015 was ¥685,845,527.07, a decrease of 29.3% compared to ¥969,661,013.94 in Q3 2014[42] - Net profit for Q3 2015 was ¥30,755,109.93, a decline of 12.5% from ¥35,265,447.47 in Q3 2014[42] - The net profit attributable to shareholders of the parent company was ¥25,796,402.25, an increase of 26.5% compared to ¥20,409,394.65 in Q3 2014[42] - The total comprehensive income for Q3 2015 was ¥29,197,206.34, a decrease of 17.3% from ¥35,340,365.84 in Q3 2014[43] Assets and Liabilities - Total assets increased by 6.86% to CNY 17,134,575,403.41 compared to the end of the previous year[8] - Total current assets increased to ¥15,929,255,782.67 from ¥14,931,056,770.38, representing a growth of approximately 6.7%[33] - Total liabilities increased to ¥11,833,037,362.27 from ¥11,037,385,135.55, reflecting a growth of approximately 7.2%[35] - Total current liabilities increased to ¥8,147,301,914.89 from ¥7,694,489,848.65, reflecting a growth of approximately 5.9%[34] - Total liabilities as of the end of Q3 2015 amounted to ¥6,701,801,769.04, an increase of 28.9% from ¥5,199,276,156.20 at the end of Q3 2014[42] Cash Flow - Net cash flow from operating activities improved by 58.36%, reaching CNY -615,621,514.65 compared to CNY -1,478,406,545.21 in the same period last year[8] - Cash received from operating activities increased by 55.62% year-on-year to approximately CNY 524.83 million, mainly from the recovery of project costs[19] - Cash inflow from operating activities totaled $292.94 million, a decrease of 49.3% compared to $577.88 million in the same period last year[50] - Net cash flow from operating activities was $14.74 million, down 86.1% from $106.62 million year-over-year[50] - Cash inflow from financing activities reached $13.12 billion, a substantial increase from $1.86 billion in the same period last year[50] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,130[10] - The largest shareholder, Changgao New Group Co., Ltd., holds 55.81% of the shares[11] - The company has committed to not reducing its stock holdings in the next six months and will actively monitor stock price trends[29] Investments and Financing - The company issued CNY 2.30 billion in bonds, a 228.57% increase year-on-year, to support financing needs[20] - Short-term borrowings increased by 143.83% year-on-year to approximately CNY 1.00 billion, mainly due to increased bank loans[13] - The company has a registered but unissued quota of RMB 500 million for a targeted tool, which will be issued based on funding needs and market conditions[24] - The company has an approved but unissued quota of RMB 850 million for corporate bonds, with the first phase issued at RMB 850 million and a coupon rate of 5.40%[25] - The company issued the first phase of medium-term notes in 2015 with a scale of RMB 200 million and a coupon rate of 6%[26] Other Financial Metrics - The company reported a total of CNY 251,358.37 in non-recurring gains and losses for the reporting period[9] - The company reported a total profit of -¥920,179.57 for Q3 2015, compared to -¥8,201,809.23 in Q3 2014[45] - The company incurred total operating costs of ¥53,432,962.85 in Q3 2015, a decrease of 60.7% from ¥135,899,980.71 in Q3 2014[45] - The company’s management expenses for the first nine months were ¥27,575,236.70, down 58.2% from ¥65,899,604.05 in the previous year[45]