CRCH(SH:600636)2014-10-27 16:00Financial Performance - Operating revenue for the first nine months rose by 15.26% to CNY 2,796,736,508.77 year-on-year[7] - Net profit attributable to shareholders decreased by 83.16% to CNY 19,063,512.31 compared to the same period last year[7] - Basic and diluted earnings per share fell by 83.16% to CNY 0.0499[8] - The weighted average return on net assets decreased by 3.65 percentage points to 3.00%[8] - The company expects a significant decline in cumulative net profit for the year due to reduced CDM income and a sharp drop in operating income[18] - Total operating revenue for Q3 2014 was CNY 138,629,645.03, a decrease of 12.77% compared to CNY 158,982,714.20 in Q3 2013[33] - Net profit for Q3 2014 was CNY 10,772,686.20, compared to a net loss of CNY 143,010,176.76 in the same period last year[31] - The total profit for Q3 2014 was CNY 11,205,031.36, significantly down from CNY 161,808,186.49 in Q3 2013[31] Cash Flow and Investments - Net cash flow from operating activities dropped by 72.63% to CNY 140,244,564.50 for the first nine months[7] - Cash flow from operating activities for the first nine months of 2014 was CNY 140,244,564.50, down from CNY 512,361,993.05 in the same period last year[37] - Investment activities generated a cash outflow of CNY 132,539,343.49 in the first nine months of 2014, compared to CNY 144,348,682.64 in the same period last year[37] - The net cash flow from financing activities was 55,839,540.36 RMB, compared to a negative cash flow of -344,400,621.05 RMB in the previous year[38] - The total cash outflow from operating activities was 764,295,045.34 RMB, up from 527,446,958.56 RMB in the previous year[41] - The net cash flow from investment activities was -11,371,451.82 RMB, a decrease from a positive cash flow of 77,085,767.86 RMB in the previous year[41] Assets and Liabilities - Total assets increased by 14.27% to CNY 3,799,089,027.27 compared to the end of the previous year[7] - Other receivables increased by 61.75% to ¥63,333,318.18, mainly due to pending property payments[15] - Construction in progress rose by 69.18% to ¥476,486,624.88, primarily due to ongoing investment in the 10,000T/A polymer project[15] - Advance receipts increased by 90.81% to ¥26,486,802.37, reflecting the company's response to adverse industry conditions by requiring advance payments for exports[15] - Total liabilities increased to ¥941,230,323.26 from ¥667,648,696.29, representing a growth of 40.9%[28] - Current liabilities totaled ¥919,534,358.42, up from ¥645,952,731.45, indicating a rise of 42.3%[28] Shareholder Information - The total number of shareholders reached 64,205 by the end of the reporting period[12] - The largest shareholder, Shanghai Huayi (Group) Company, holds 31.53% of the shares[12] Company Developments - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company is currently undergoing a non-public offering of A-shares, with the application under review by the China Securities Regulatory Commission[17] - A joint venture agreement with Solvay has been preliminarily signed, with asset evaluation and confirmation completed[17] Accounting and Standards - The implementation of new accounting standards is not expected to impact the company's total assets, liabilities, equity, or net profit for the current and previous periods[19]