BTH(SH:600640)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months was CNY 1,690,624,743.64, representing a decline of 38.98% year-on-year[6] - Net profit attributable to shareholders was CNY 24,839,130.95, down 50.24% from the previous year[6] - Basic earnings per share were CNY 0.0464, a decrease of 50.21% compared to the same period last year[7] - The company expects a decline of over 50% in net profit attributable to shareholders for the full year 2016 compared to the previous year, primarily due to reduced commission rates and lower government subsidies received[18] - The cumulative operating revenue for the first nine months of 2016 was CNY 1,691 million, a year-on-year decrease of 39%[14] - The company's operating revenue for the first three quarters of 2016 was CNY 9,777,788.54, a decrease of 86.9% compared to CNY 69,526,906.39 in the same period last year[33] - The net profit for the first three quarters of 2016 was a loss of CNY 3,404,333.33, compared to a profit of CNY 7,838,435.50 in the same period last year, representing a significant decline[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,670,143,892.11, a decrease of 0.50% compared to the end of the previous year[6] - The company's total assets as of September 30, 2016, were CNY 3,670 million, with total liabilities of CNY 583 million and equity attributable to shareholders of CNY 2,558 million[13] - Total liabilities were CNY 582,756,529.21, compared to CNY 617,950,485.41 at the start of the year[23] - Current liabilities totaled CNY 580,122,259.20, a decrease from CNY 615,314,076.11[23] - Non-current assets were CNY 1,078,889,856.43, down from CNY 1,115,563,086.47[22] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash flow of CNY -31,088,676.32, compared to CNY -286,066,884.08 in the previous year[6] - The net cash flow from operating activities was CNY -3,108.87 million, a decrease of 89.13% year-on-year[13] - The cash flow from investment activities for the first nine months of 2016 was CNY -12.46 billion, a decrease of CNY 12.76 billion year-on-year[14] - The net cash flow from financing activities was negative CNY 14,025,458.69, an improvement from negative CNY 20,866,914.45 in the same period last year[38] - The cash flow from financing activities showed a net outflow, with no cash inflow recorded for new investments or borrowings during the period[42] Inventory and Shareholder Information - The company reported a significant increase in inventory, which rose by 142.65% to CNY 4,897.04[12] - The company reported an increase in inventory by CNY 28.79 million compared to the beginning of the year, indicating an increase in unsold goods[13] - The number of shareholders at the end of the reporting period was 29,618[10] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 4,170,430.96 during the reporting period[9] - Non-recurring gains and losses totaled CNY 14,799,040.49 for the current period[9] Comprehensive Income and Profitability - The total comprehensive income for Q3 2016 was ¥15,188,420.53, compared to ¥12,652,384.58 in Q3 2015, indicating a year-over-year increase[31] - The total profit for Q3 2016 was ¥18,039,617.79, compared to ¥15,105,751.55 in Q3 2015, reflecting a growth of approximately 12.9%[30] - The net profit attributable to the parent company was ¥11,305,756.23, compared to ¥7,341,022.21 in the same quarter last year, marking a substantial increase[30]