FOUNDERTECH(SH:600601)2016-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 625.63% to a loss of CNY 114,898,017.65 for the year-to-date period[7] - Operating revenue for the year-to-date period decreased by 0.57% to CNY 4,213,245,853.87 compared to the same period last year[7] - Basic and diluted earnings per share were both CNY -0.0523, representing a decrease of 623.00% compared to the previous year[8] - The weighted average return on equity decreased by 3.82 percentage points to -3.21%[8] - The net profit for the first nine months of 2016 was a loss of CNY 112,828,309.02, a significant decline from a profit of CNY 47,391,058.05 in the same period last year[31] - The total comprehensive income for the parent company in Q3 2016 was -23,894,867.83 RMB, a significant decrease from 43,144,650.02 RMB in Q3 2015[32] - The total net loss for the first nine months of 2016 reached -66,451,630.21 RMB, compared to -57,011,694.34 RMB in the same period last year[33] - The total comprehensive income for the first nine months of 2016 was -82,115,630.21 RMB, a decline from -36,566,244.34 RMB in the same period last year[34] Assets and Liabilities - Total assets increased by 6.03% to CNY 10,032,604,026.87 compared to the end of the previous year[7] - Current liabilities totaled RMB 5.66 billion, up from RMB 5.30 billion at the start of the year, indicating a rise in short-term financial obligations[24] - Total liabilities increased to CNY 2,493,174,301.93 from CNY 2,375,848,315.32, reflecting a rise of approximately 4.9%[29] - The total owner's equity decreased to CNY 2,155,288,616.30 from CNY 2,259,353,158.55, a decline of approximately 4.6%[29] Cash Flow - The net cash flow from operating activities for the year-to-date period was negative at CNY -75,332,343.74[7] - The cash inflow from operating activities for the period from January to September was CNY 4,611,811,541.06, an increase of 4.5% compared to CNY 4,411,824,266.76 in the same period last year[36] - The cash outflow for investment activities totaled CNY 610,773,246.51, significantly higher than CNY 437,036,291.22 in the same period last year, reflecting increased investment efforts[37] - The net cash flow from financing activities was CNY 580,807,353.70, up from CNY 128,701,121.87 in the previous year, showing improved financing capabilities[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 286,277[11] - The largest shareholder, Peking University Founder Information Industry Group Co., Ltd., held 11.65% of the shares[11] Inventory and Expenses - Inventory increased by 44% to approximately 1.20 billion, primarily due to the increase in inventory from subsidiaries and PC distribution business[14] - The company reported a significant increase in sales expenses, which rose to CNY 106,117,507.94 from CNY 86,197,193.94, an increase of about 23%[31] - The cash outflow for employee payments was CNY 596,830,638.04, slightly higher than CNY 596,683,600.02 in the previous year, indicating stable labor costs[36] Government Support and Investments - The company reported a government subsidy income of CNY 12,921,306.26 for the year-to-date period[9] - Long-term investments increased to RMB 21.31 million from RMB 2.30 million, indicating a strategic focus on long-term growth[24] Development and Strategy - The company has not disclosed any significant new product developments or market expansion strategies in this report[13] - The company is exploring market expansion strategies and new product development to enhance its competitive position in the industry[19]