SHCF(SH:600621)2015-10-27 16:00Financial Performance - Operating revenue for the first nine months decreased by 24.91% to CNY 340,770,554.38 compared to the same period last year[10] - Net profit attributable to shareholders increased by 96.69% to CNY 185,707,948.40 compared to the same period last year[10] - Basic earnings per share increased by 96.61% to CNY 0.3543 compared to the same period last year[10] - Total operating revenue for Q3 2015 was ¥42,227,875.53, a decrease of 42.8% compared to ¥73,921,797.97 in Q3 2014[36] - Net profit for Q3 2015 reached ¥23,898,095.01, compared to ¥6,163,907.08 in Q3 2014, marking a significant increase[37] - The total operating revenue for the first nine months of 2015 was ¥340,770,554.38, down from ¥453,842,088.15 in the same period last year[36] Assets and Liabilities - Total assets decreased by 5.16% to CNY 3,468,939,791.31 compared to the end of the previous year[8] - Current liabilities decreased from CNY 1,330,330,159.17 to CNY 796,501,870.92, a reduction of about 40%[28] - Non-current liabilities increased from CNY 484,482,291.00 to CNY 692,586,075.76, an increase of approximately 43%[29] - Total liabilities decreased from CNY 2,046,169,523.57 to CNY 1,639,058,742.93, a decline of around 20%[33] - Cash and cash equivalents decreased from CNY 983,912,304.83 to CNY 561,289,380.94, a drop of about 43%[31] - The company's cash and cash equivalents decreased by 38.70% from RMB 1,080,471,784.63 at the beginning of the year to RMB 662,331,002.80 by September 30, 2015, primarily due to repayment of bank loans[15] Shareholder Information - The total number of shareholders at the end of the reporting period was 51,685[12] - The largest shareholder, Huaxin Real Estate Group Co., Ltd., held 26.62% of the shares[12] Cash Flow - Net cash flow from operating activities was negative at CNY -212,874,374.37, a decrease of 202.06% compared to the same period last year[8] - Cash flow from operating activities for the first nine months of 2015 was -212,874,374.37, a decline from a positive cash flow of 208,587,316.16 in the same period last year[43] - Cash inflow from investment activities for the first nine months of 2015 was 11,743,111.23, down from 22,210,747.27 in the previous year[44] - Cash flow from financing activities for the first nine months of 2015 was -210,744,259.85, compared to -33,505,025.14 in the same period last year[44] Investment and Income - Investment income surged by 1,315.74% from RMB 3,321,752.74 to RMB 47,027,284.43, mainly due to increased profits from equity method investments[18] - Non-operating income for the first nine months amounted to CNY 2,917,074.07, a decrease compared to CNY 3,975,627.29 in the previous year[12] - The company incurred a management expense of ¥15,090,607.89 in Q3 2015, an increase from ¥10,764,027.99 in Q3 2014[36] Property and Inventory - The rental income from real estate during the reporting period was RMB 61,320,200, with a rental area of 103,200 square meters and an occupancy rate of 93.13%[22] - The total area of land use rights held and developed by the company is 484,100 square meters, with total property area of 475,900 square meters, excluding ongoing projects[22] - Inventory increased from CNY 387,661,899.93 to CNY 432,655,755.33, an increase of about 11.6%[32] Equity and Retained Earnings - Net assets attributable to shareholders increased by 8.52% to CNY 1,902,588,094.47 compared to the end of the previous year[8] - Total equity increased from CNY 1,241,257,956.65 to CNY 1,384,566,220.52, an increase of approximately 11.5%[33] - The company’s retained earnings increased from CNY 304,657,392.48 to CNY 437,151,345.87, an increase of approximately 43.5%[33]