CS&S(SH:600536)2015-10-28 16:00Financial Performance - Operating revenue for the first nine months decreased by 3.72% to CNY 1,835,680,288.49 compared to the same period last year[7]. - Net profit attributable to shareholders was a loss of CNY 135,735,434.74, compared to a loss of CNY 104,457,688.06 in the same period last year[7]. - Basic and diluted earnings per share were both -CNY 0.27, compared to -CNY 0.21 in the same period last year[8]. - Total revenue for the first nine months of 2015 was CNY 1,835,680,288.49, a decrease of 3.7% compared to CNY 1,906,681,638.03 in the same period last year[36]. - Net profit for the first nine months of 2015 was a loss of CNY 172,270,164.80, compared to a loss of CNY 131,452,674.51 in the same period last year[36]. - Total operating costs for the first nine months of 2015 were CNY 2,131,745,345.38, slightly up from CNY 2,127,255,731.44 in the same period last year[36]. Assets and Liabilities - Total assets decreased by 10.39% to CNY 3,967,279,696.20 compared to the end of the previous year[7]. - Net assets attributable to shareholders decreased by 7.62% to CNY 1,766,838,004.44 compared to the end of the previous year[7]. - Total liabilities decreased to CNY 1,036,173,606.82 from CNY 1,266,765,521.38 at the beginning of the year, reflecting a reduction of approximately 18.2%[33]. - Current liabilities decreased to approximately CNY 1.62 billion from CNY 1.89 billion, a reduction of about 14.1%[29]. - The total equity attributable to shareholders decreased to CNY 1,463,333,895.73 from CNY 1,516,133,921.30 at the beginning of the year, a decline of approximately 3.5%[33]. Cash Flow - The company reported a net cash flow from operating activities of -CNY 459,552,923.12 for the first nine months[7]. - Cash and cash equivalents decreased by 36.97% to ¥902,102,485.93 compared to the beginning of the year, primarily due to operational fund occupation and delayed sales collections[11]. - Operating cash flow for the first nine months of 2015 was -¥459.55 million, worsening from -¥365.69 million in the same period of 2014[45]. - Cash inflow from operating activities for the first nine months of 2015 was ¥2,213.02 million, down from ¥2,395.71 million in the same period of 2014[45]. - The company reported a net decrease in cash and cash equivalents of RMB -290,325,939.40 for the period[48]. Investments and Acquisitions - The company plans to increase its investment in subsidiaries, with a capital increase of ¥120 million to Zhongsoft System Engineering, raising its registered capital to ¥225 million[17]. - The company acquired a 32.37% stake in Mai Pu Tongxin Technology Co., Ltd. through a joint investment with China Information Security Research Institute, making it the largest shareholder[18]. - The company completed the capital increase of Sichuan Zhongsoft, raising its registered capital from ¥20.58 million to ¥31.28 million, maintaining its status as the largest shareholder[19]. - The company has invested JPY 50 million in its subsidiary Tokyo Zhongruan, with the registered capital increasing to JPY 43 million[22]. Employee and Compensation - The company reported a significant increase in employee compensation liabilities by 78.19% to ¥32,557,181.94, attributed to accrued but unpaid employee salaries[11]. - The company’s retained earnings decreased by 32.61% to -¥146,121,253.16, primarily due to increased expenses from major project R&D and labor costs[11]. Shareholder Information - The total number of shareholders was 41,137 at the end of the reporting period[10]. - The largest shareholder, China Electronics Corporation, held 45.13% of the shares[10]. - The company has committed to not transferring or managing its shares in China Software for 36 months from January 2013, ensuring shareholder stability[24]. Other Financial Metrics - The weighted average return on net assets decreased by 1.71 percentage points to -7.34%[7]. - The company reported a significant increase in other income, totaling CNY 94,790,531.44 for the first nine months of 2015, compared to CNY 86,788,553.53 in the previous year[36]. - The company reported a significant increase in management expenses, totaling approximately ¥227.50 million for the first nine months of 2015, compared to ¥201.59 million in the same period of 2014[41].