EBJB(SH:600622)2014-10-30 16:00Financial Performance - Net profit attributable to shareholders increased by 43.35% to CNY 288,605,733.36 for the first nine months of the year[7] - Operating revenue for the first nine months was CNY 1,066,263,344.09, a slight increase of 0.35% year-on-year[7] - Basic and diluted earnings per share rose by 43.48% to CNY 0.561[8] - The company reported a decrease in non-recurring gains and losses, with a net profit of CNY 174,246,808.46, down 0.89% year-on-year[7] - Total operating revenue for Q3 2014 was RMB 106,855,352.79, a decrease of 43.2% compared to RMB 188,193,818.56 in Q3 2013[32] - Net profit for the first nine months of 2014 reached RMB 297,867,541.04, an increase of 45.5% compared to RMB 204,646,375.23 in the previous year[34] - Comprehensive income for the first nine months of 2014 totaled RMB 311,325,460.43, up from RMB 219,757,309.48 in the same period last year, indicating a growth of 41.5%[34] - The total profit for Q3 2014 was RMB 9,650,227.82, a decrease of 81.2% compared to RMB 51,251,254.40 in Q3 2013[34] Asset and Liability Management - Total assets increased by 9.68% to CNY 8,663,888,678.20 compared to the end of the previous year[7] - Current assets rose to CNY 7.80 billion, up from CNY 6.73 billion, indicating an increase of about 15.9%[24] - Total liabilities rose to CNY 5.32 billion from CNY 4.76 billion, an increase of about 11.7%[25] - Owner's equity increased to CNY 3.35 billion from CNY 3.14 billion, showing a growth of approximately 6.8%[25] - Non-current assets decreased to CNY 862.14 million from CNY 1.17 billion, a decline of about 26.2%[24] - The company reported a total current liability of CNY 4.40 billion, slightly down from CNY 4.44 billion, a decrease of approximately 0.9%[25] Cash Flow Analysis - The net cash flow from operating activities showed a significant decline of 494.81%, resulting in a negative cash flow of CNY -1,312,118,104.18[7] - Operating cash flow net amount was -1,312.12 million RMB, mainly due to land transfer payments[14] - Cash inflow from operating activities totaled 1,884,630,279.68, down from 2,690,330,164.88, reflecting a decline in sales and service revenue[39] - Cash received from sales and services was 1,371,083,475.36, a decrease from 1,896,185,342.07, indicating lower sales performance[39] - Cash outflow for purchasing goods and services surged to 2,271,837,326.31 from 995,816,789.66, suggesting increased operational costs[39] - Cash inflow from investment recovery reached 2,469,849,992.92, up from 1,951,086,494.12, indicating successful investment strategies[42] - Cash outflow for investment payments was 1,808,817,331, down from 2,708,816,425.50, reflecting a strategic reduction in capital expenditures[43] Shareholder Information - The total number of shareholders reached 72,228 by the end of the reporting period[10] - The largest shareholder, Jiading Jianye Investment Development Company, holds 12.13% of the shares[10] Investment and Development - The total area of properties under development was 974,558 square meters, with a planned total investment of 6.01 billion RMB[15] - The company has not disclosed any new product developments or market expansion strategies in this report[5] Operational Costs and Expenses - Operating tax and additional charges increased by 67.68 million RMB year-on-year, mainly due to increased revenue and profits in the real estate business[14] - The company experienced a significant increase in management expenses, which rose to RMB 12,305,191.49 in Q3 2014 from RMB 11,488,401.26 in Q3 2013[32] - The company reported a financial expense of RMB 7,925,378.19 in Q3 2014, a substantial increase from RMB 695,627.29 in Q3 2013[32] Inventory and Borrowings - Inventory increased by 1,954.17 million RMB compared to the beginning of the year, mainly due to new land reserves in the real estate business[13] - Short-term borrowings increased by 347 million RMB compared to the beginning of the year, primarily due to additional bank short-term loans[14] - The company’s long-term borrowings increased by 590.03 million RMB, primarily due to loans from a subsidiary[14] - Short-term borrowings increased significantly to CNY 420 million from CNY 73 million, marking a rise of approximately 475.7%[25] Property Rental Performance - The rental rate for industrial properties was 100%, while the overall rental rate for all property types was 95.68%[17] Bond Issuance - The company issued bonds totaling 960 million RMB at a fixed interest rate of 5.5% for a term of 5 years[16]