ZYD(SH:600610)2016-10-26 16:00Financial Performance - Operating revenue decreased by 17.64% to CNY 119,116,826.19 for the first nine months compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 17,130,967.58, a decrease of 318.15% year-on-year[6]. - Basic and diluted earnings per share were both -CNY 0.01, a decrease of 200% compared to CNY 0.01 in the same period last year[7]. - The company reported a net loss for the period, with a warning of potential significant changes in cumulative net profit compared to the previous year[21]. - The net profit attributable to the parent company was -¥1,949,220.29 for Q3 2016, compared to a profit of ¥1,822,284.59 in Q3 2015, indicating a significant decline[31]. - The company reported a net loss of -¥12,123,796.88 for the first nine months of 2016, compared to a profit of ¥7,852,886.10 in the same period last year[31]. - The company’s total profit for the first nine months of 2016 was -¥8,708,174.35, a decline from ¥13,078,298.72 in the previous year[31]. Assets and Liabilities - Total assets increased by 20.45% to CNY 1,495,911,620.42 compared to the end of the previous year[6]. - The company's current assets totaled CNY 1,336,356,754.09, up from CNY 1,097,838,087.30 at the beginning of the year, indicating an increase of about 21.8%[24]. - The total liabilities rose to CNY 263,428,586.39 from CNY 82,983,750.53, which is an increase of about 217.5%[25]. - The total current liabilities increased significantly to CNY 258,635,709.39 from CNY 78,190,873.53, representing an increase of approximately 230.5%[25]. - The non-current assets totaled CNY 159,554,866.33, up from CNY 144,071,669.89, showing a growth of about 10.8%[24]. Cash Flow - Net cash flow from operating activities improved by 19.71%, reaching a negative CNY 22,822,198.42 for the first nine months[6]. - Cash inflow from operating activities for the first nine months was CNY 37,438,731.60, a decrease of 74.7% compared to CNY 147,900,943.12 in the previous year[38]. - Cash inflow from operating activities for the first nine months was CNY 30,544,537.92, down from CNY 126,637,321.31 in the previous year[41]. - Cash inflow from financing activities increased to CNY 93,500,000.00, up from CNY 60,000,000.00 year-over-year[39]. - The ending cash and cash equivalents balance was CNY 77,833,211.82, compared to CNY 49,201,550.38 in the previous year[39]. Shareholder Information - The total number of shareholders reached 109,331 at the end of the reporting period[11]. - The largest shareholder, Dasheng Group Co., Ltd., holds 24.84% of the shares, with 260 million shares pledged[11]. Legal and Restructuring Issues - The company has not yet completed the transfer of 61% equity in Jiangxi Licheng Landscape Construction Co., Ltd., which poses a risk of termination for the major asset restructuring[17]. - The company holds a 39% stake in Jiangxi Licheng, but the equity is frozen due to legal disputes, impacting the completion of the asset restructuring[16]. - The company is actively monitoring legal developments regarding the frozen equity and is committed to protecting its rights and interests[18]. - The company plans to disclose any significant updates regarding the asset restructuring and its implications for stakeholders[18]. Other Financial Metrics - The weighted average return on net assets dropped to -0.80%, down 161.54% from 1.30% in the previous year[7]. - Cash and cash equivalents at the end of the period reached ¥77,833,211.82, an increase of 68.14% from the beginning of the period[13]. - Accounts receivable at the end of the period totaled ¥120,316,342.20, reflecting a significant increase of 953.23% compared to the beginning of the period[13]. - Prepayments amounted to ¥84,227,425.97 at the end of the period, marking a 413.06% increase from the beginning[13]. - Fixed assets increased to ¥12,362,225.27, representing a growth of 265.74% from the previous period[13]. - Accounts payable reached ¥77,879,674.24, showing a substantial increase of 659.46% compared to the beginning of the period[13]. - The company reported a significant increase in other payables, which reached ¥119,371,251.10, a rise of 1,103.52% primarily due to pending payments related to the newly consolidated entity[13].