TANDE(SH:600665)2016-10-27 16:00Financial Performance - Operating revenue surged by 185.10% to CNY 1.46 billion for the first nine months compared to the same period last year[6] - The company recorded a net loss of CNY 189.35 million after deducting non-recurring gains and losses for the first nine months[6] - The net profit attributable to shareholders of the listed company was a loss of CNY 170.32 million, compared to a loss of CNY 22.46 million in the same period last year[6] - Operating profit for the first nine months of 2016 was -¥263,320,257.39, worsening from -¥35,787,220.90 in the same period of 2015[33] - The net loss attributable to shareholders for Q3 2016 was ¥112,031,171.23, compared to a loss of ¥8,712,540.20 in Q3 2015, reflecting a deterioration in performance[34] - The company reported a total profit loss of ¥149,056,054.93 for Q3 2016, compared to a loss of ¥12,929,584.93 in the same quarter last year[34] Cash Flow - The net cash flow from operating activities reached CNY 998.82 million, a significant improvement from a negative cash flow of CNY 949.15 million in the previous year[6] - Cash flow from operating activities for the first nine months was 998,824,591.71, a recovery from a negative cash flow of -949,146,623.75 in the same period last year[42] - The company reported a total cash inflow from operating activities of $196,445,894.36, which is significantly lower than the previous year's figure, indicating potential challenges in revenue generation[44] - Cash inflow from financing activities totaled $6,082,440,474.61, a decrease of 7% from $6,542,498,728.00 year-over-year[45] - Net cash flow from financing activities was $427,560,203.97, up from $132,540,536.60 in the previous year, indicating improved financing conditions[45] Assets and Liabilities - Total assets increased by 13.50% to CNY 19.69 billion compared to the end of the previous year[6] - The total liabilities of the company reached approximately 17.19 billion RMB, compared to 14.61 billion RMB at the beginning of the year, marking an increase of about 17.6%[27] - The company's total current assets amounted to approximately 19.08 billion RMB, an increase from 16.63 billion RMB, reflecting a growth of about 14.7%[25] - The company's inventory rose to approximately 14.82 billion RMB, up from 13.41 billion RMB, indicating an increase of about 10.5%[25] - Long-term borrowings increased by 36.46% to RMB 5,090,000,000.00, reflecting an expansion in financing activities[17] Shareholder Information - The total number of shareholders reached 52,997, with the largest shareholder holding 56.52% of the shares[14] - The company has committed to avoiding competition with major shareholders, and this commitment is currently being fulfilled[21] Investment and Expansion Plans - The company reported a total planned investment of CNY 2.08 billion across various real estate projects, with a total construction area of 3.13 million square meters[10] - The company plans to continue expanding its market presence and developing new products and technologies[6] - The company plans to raise up to RMB 2.5 billion through a non-public offering of A-shares to fund project construction and repay financial institution loans[19] - The company plans to issue up to 354,969,574 A-shares, raising a total of no more than 1.75 billion RMB for project construction[20] Operating Costs - Operating costs surged by 279.49% to RMB 1,487,646,907.18, reflecting the increased project completions[18] - Total operating costs for Q3 2016 were ¥701,493,519.05, compared to ¥211,754,870.34 in the same period last year, indicating an increase of about 230.5%[33] Other Financial Metrics - The weighted average return on net assets decreased by 5.68 percentage points to -6.57%[7] - The company's cash and cash equivalents increased to approximately 2.84 billion RMB from 1.93 billion RMB, representing a growth of about 47%[25] - The company's short-term borrowings were recorded at 1.13 billion RMB, down from 2.63 billion RMB, showing a decrease of approximately 57%[27] - The basic and diluted earnings per share for Q3 2016 were both -¥0.1296, compared to -¥0.0101 in Q3 2015, indicating a worsening in earnings performance[35]