SHCF(SH:600621)2014-10-20 16:00Financial Performance - Operating revenue for the period was CNY 453,842,088.15, down 30.06% year-on-year [9]. - Net profit attributable to shareholders was CNY 100,981,249.92, a decrease of 39.62% compared to the same period last year [9]. - Basic earnings per share were CNY 0.18, down 48.57% from CNY 0.35 in the previous year [9]. - The company reported a net loss of CNY 7,994,119.32 from other income and expenses [12]. - Operating revenue fell by 30.06% to ¥453,842,088.15, attributed to a decrease in real estate sales [17]. - Net profit decreased by 48.39% to ¥94,416,490.58, primarily due to reduced profits from real estate sales [17]. - The company reported a significant drop in investment income by 79.62% to ¥3,321,752.74, mainly from reduced earnings from equity investments [17]. - Total operating revenue for Q3 2014 was CNY 73,921,797.97, a decrease of 77.5% compared to CNY 327,451,629.96 in the same period last year [34]. - Net profit attributable to the parent company for Q3 2014 was CNY 6,163,907.08, a decline of 94.8% compared to CNY 119,294,019.49 in Q3 2013 [35]. - The total profit for the period from January to September was CNY 17,351,489.71, a decrease of 67.5% compared to CNY 53,363,749.37 in the same period last year [37]. Cash Flow - Cash flow from operating activities for the first nine months was CNY 208,587,316.16, a decline of 13.52% compared to the same period last year [8]. - The company received CNY 821,127,912.45 in cash from sales of goods and services, an increase from CNY 734,357,840.53 in the previous year [40]. - The total cash and cash equivalents at the end of the period was CNY 1,396,727,359.60, compared to CNY 1,127,855,634.59 at the end of the same period last year [42]. - The company reported a cash outflow from investing activities of CNY 197,831.04, compared to an outflow of CNY 44,483,245.39 in the previous year [42]. - The financing activities generated a net cash outflow of CNY 33,505,025.14, compared to an inflow of CNY 302,240,293.33 in the same period last year [42]. - Operating cash inflow for the first nine months reached ¥697,633,433.47, an increase from ¥611,215,064.31 in the same period last year, representing a growth of approximately 14% [47]. - Net cash flow from operating activities was ¥272,972,124.76, up from ¥149,514,050.64, indicating a significant increase of about 82% year-over-year [47]. - Cash outflow from investment activities totaled ¥58,591,348.66, compared to ¥63,384,933.20 in the previous year, showing a decrease of approximately 8% [48]. - Cash inflow from financing activities was ¥758,000,000.00, down from ¥1,030,000,000.00, reflecting a decline of about 26% year-over-year [48]. - Net cash flow from financing activities was negative at ¥52,705,025.14, contrasting with a positive flow of ¥301,470,987.96 in the same period last year [48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,359,975,543.69, a decrease of 0.49% compared to the end of the previous year [8]. - The company's accounts receivable decreased by 89.80% to ¥34,724,535.73 due to the recovery of previous year's sales payments [16]. - Other receivables increased by 2295.03% to ¥201,106,295.96, primarily from various sales and deposit payments [16]. - Short-term borrowings decreased by 35.29% to ¥330,000,000.00, mainly due to the conversion of short-term loans to long-term loans [16]. - The total liabilities decreased to CNY 1,663,035,069.33 from CNY 1,703,731,633.25, indicating a reduction of about 2.4% [28]. - The company's equity attributable to shareholders rose to CNY 1,677,740,474.36 from CNY 1,672,872,304.29, reflecting a marginal increase of 0.3% [28]. - The company’s long-term equity investments decreased to CNY 331,187,980.56 from CNY 362,361,424.57, a decline of approximately 8.6% [27]. - The company’s inventory decreased to CNY 638,987,154.74 from CNY 733,010,164.97, representing a reduction of about 12.9% [26]. - Total liabilities for Q3 2014 were CNY 2,062,458,783.30, compared to CNY 1,961,735,868.50 in the previous period, reflecting an increase of 5.1% [33]. - Total equity decreased to CNY 1,193,925,543.27 from CNY 1,276,535,737.58 year-over-year, a decline of 6.5% [33]. Shareholder Information - The number of shareholders at the end of the reporting period was 62,084 [13]. - The largest shareholder, Huaxin Real Estate, held 26.62% of the shares [13]. - The company’s major shareholder, Huaxin Real Estate, committed to gradually injecting competitive business and assets into the listed company by December 31, 2017 [18]. - Huaxin Real Estate has a registered capital of ¥2,021,000,000 and possesses strong professional capabilities in various operational aspects [18]. Future Outlook - The company anticipates potential significant changes in cumulative net profit compared to the previous year, but no specific warnings were issued [20]. - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters [38].