CRCH(SH:600636)2016-10-27 16:00Financial Performance - Revenue for the period from January to September increased by 11.47% to CNY 3,213,604,917.35 compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 187,230,808.44, compared to a loss of CNY 99,971,659.42 in the same period last year[6]. - Total profit for the first nine months was -90,478,204.48 RMB, a significant loss attributed to large fixed asset write-offs[15]. - Total operating revenue for Q3 2023 reached ¥906.26 million, a 26.3% increase from ¥717.76 million in Q3 2022[28]. - The company’s total profit for the period was a loss of ¥191.53 million, worsening from a loss of ¥54.80 million in Q3 2022[29]. - The company’s total comprehensive loss for Q3 2023 was ¥210.13 million, compared to a loss of ¥60.53 million in Q3 2022[30]. Cash Flow - Operating cash flow increased by 112.75% to CNY 469,045,245.03 for the period from January to September[6]. - Net cash flow from operating activities rose by 112.75% to 469,045,245.03 RMB, reflecting improved collection rates[15]. - Cash inflow from operating activities totaled $862.03 million, a significant increase from $444.35 million in the previous year, representing a 94% growth[36]. - The net cash flow from operating activities was -$203.26 million, worsening from -$35.54 million year-over-year[37]. - Total cash outflow from operating activities reached $1.07 billion, compared to $479.88 million in the previous year, marking a 123% increase[37]. Assets and Liabilities - Total assets decreased by 8.9% to CNY 4,164,810,530.53 compared to the end of the previous year[6]. - Total liabilities decreased from CNY 1,249,465,262.32 to CNY 1,004,953,182.06, a reduction of approximately 19.6%[23]. - The company's equity attributable to shareholders decreased from CNY 2,786,874,394.59 to CNY 2,599,423,424.99, a decline of about 6.7%[23]. - Current liabilities decreased from CNY 1,176,548,579.65 to CNY 933,434,004.39, a reduction of about 20.7%[23]. - Cash and cash equivalents decreased to 515,821,669.00 RMB from 594,702,721.50 RMB at the beginning of the year[21]. Shareholder Information - The total number of shareholders was 43,075 at the end of the reporting period[12]. - The largest shareholder, Shanghai Huayi Group, held 31.60% of the shares[12]. Impairment and Expenses - Asset impairment losses surged by 147.76% to 88,206,005.32 RMB, primarily due to fixed asset impairment provisions[15]. - Non-operating income and expenses resulted in a total loss of CNY 133,911,330.55 for the period[11]. - Sales expenses for the quarter were ¥25.82 million, an increase of 32.4% compared to ¥19.51 million in Q3 2022[28]. - Management expenses rose to ¥100.13 million, a 4.4% increase from ¥95.94 million in the same period last year[28]. Future Outlook - The company anticipates a cumulative net profit loss for the year, with potential recovery contingent on the success of a major asset restructuring[18].