TANDE(SH:600665)2015-10-29 16:00Financial Performance - Operating revenue decreased by 67.76% to CNY 513.69 million for the first nine months[9] - Net profit attributable to shareholders was a loss of CNY 22.46 million, a decline of 120.10% compared to the same period last year[9] - Basic earnings per share dropped to -0.0260 CNY, down 120.11% year-on-year[9] - The company reported a total profit for the first nine months of 2015 was RMB -35,428,135.66, a decline of 127.09% compared to RMB 130,762,712.52 in the previous year[16] - Net loss for Q3 2015 was CNY 9,479,023.84, compared to a net loss of CNY 20,232,076.42 in the same quarter last year, showing an improvement of approximately 53%[30] - Total operating revenue for Q3 2015 was CNY 197,580,466.70, compared to CNY 513,690,840.51 in the same period last year, reflecting a decrease of approximately 61.6%[28] - The company reported a gross profit margin of approximately -7.4% for Q3 2015, compared to a positive margin in the previous year[28] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 949.15 million, a decrease of 1,418.73% compared to the previous year[8] - The net cash flow from operating activities for the first nine months of 2015 was negative at RMB -949,146,623.75, a decline of 1,418.73% compared to RMB 71,974,520.01 in 2014[16] - Cash received from sales of goods and services for the first nine months of 2015 was ¥2,022,763,610.36, an increase of 12.1% from ¥1,805,970,593.62 in the same period last year[36] - Operating cash flow for the year-to-date period (January to September) is $40,753,943.49, a significant decrease of 84.9% compared to $269,397,359.29 in the same period last year[39] - Total cash inflow from operating activities was $409,220,620.72, down 28.5% from $572,155,157.98 year-over-year[39] Assets and Liabilities - Total assets increased by 25.21% to CNY 17.55 billion compared to the end of the previous year[7] - The total number of shareholders was 71,417 as of the report date[13] - As of September 30, 2015, cash and cash equivalents increased by 33.25% to RMB 2,219,064,425.33 compared to RMB 1,665,298,934.25 at the end of 2014[15] - The total liabilities increased significantly, with short-term borrowings of RMB 260,000,000.00 newly recorded[15] - The company's total liabilities reached ¥15,052,448,954.59, compared to ¥11,403,183,159.24 at the beginning of the year, marking an increase of around 31.1%[22] - The total equity attributable to the parent company decreased to ¥2,469,988,311.47 from ¥2,583,178,358.23, indicating a decline of about 4.4%[23] Inventory and Sales - The company reported a total of 191,691.53 square meters in sales area for the first nine months, with cumulative sales area reaching 1,153,507.45 square meters[12] - Inventory rose by 31.42% to RMB 11,281,976,083.25 from RMB 8,584,523,074.71, primarily due to increased investments in real estate projects[15] - The inventory value increased significantly to ¥11,281,976,083.25 from ¥8,584,523,074.71, reflecting a growth of approximately 31.5%[21] Financing Activities - The company issued bonds amounting to RMB 1,980,229,649.31 during the reporting period[15] - The company raised ¥2,000,000,000.00 through bond issuance in the first nine months of 2015, contributing to a net cash inflow from financing activities of ¥1,957,019,320.48[37] - Cash inflow from borrowing activities was $2,474,100,000.00, significantly higher than $650,000,000.00 in the prior year, showing increased leverage[40] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters, although specific figures were not disclosed[30]