TJ(SH:600667)2015-10-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 59.77% to CNY 2,275,512.68 for the year-to-date period[6] - Operating revenue increased by 7.62% to CNY 3,330,380,182.95 for the year-to-date period[6] - Basic earnings per share decreased by 60.00% to CNY 0.002[7] - The company reported a significant increase in net profit for Q3, reaching CNY 45,156,863.34, a 86.3% increase from CNY 24,238,308.66 in the same quarter last year[26] - Year-to-date net profit reached CNY 87,702,068.11, a 32.8% increase compared to CNY 66,087,503.20 in the previous year[26] - The company reported a total comprehensive loss of -10,263,250.47 RMB for Q3 2015, compared to a loss of -8,825,445.52 RMB in Q3 2014, reflecting a worsening financial position[30] Assets and Liabilities - Total assets decreased by 4.87% to CNY 5,438,224,073.04 compared to the end of the previous year[6] - Current assets totaled CNY 2,102,197,991.07, down 10.66% from CNY 2,353,786,605.07 at the start of the year[17] - Total liabilities were CNY 3,216,714,379.32, a decrease of 9.09% compared to CNY 3,537,771,243.34 at the beginning of the year[19] - Current liabilities decreased to CNY 1,893,970,915.32 from CNY 2,798,565,719.60, a reduction of 32.36%[18] - Non-current liabilities increased to CNY 1,322,743,464.00 from CNY 739,205,523.74, an increase of 78.85%[19] Cash Flow - Net cash flow from operating activities decreased by 69.83% to CNY 24,523,019.73 for the year-to-date period[6] - Operating cash flow decreased by 69.83% to ¥24,523,019.73 from ¥81,287,737.13, mainly due to increased procurement expenses[12] - Cash inflow from financing activities was $173,000,000.00, a decrease from $893,000,000.00 in the same quarter last year, reflecting a decline of about 80.7%[38] - Net cash flow from financing activities was negative at -$161,586,608.91, compared to -$144,304,714.19 in the previous year, indicating a worsening situation[38] Shareholder Information - The total number of shareholders reached 65,890[9] - The largest shareholder, Wuxi Industrial Development Group Co., Ltd., holds 32.79% of the shares[9] Corporate Governance and Compliance - The company has established regulations for related party transactions, ensuring compliance with market principles and legal requirements[15] - The company commits to maintaining a profit distribution policy, with annual cash dividends not less than 30% of the net profit attributable to shareholders[16] - There are no significant administrative or criminal penalties against the company in the last five years, ensuring a clean compliance record[15] - The company has established a sound corporate governance structure to ensure independent operations and management[15] Investment and Subsidies - The company recorded a government subsidy of CNY 3,999,035.94 for the year-to-date period[8] - The company reported a significant increase in investment income for Q3, amounting to CNY 834,810.00, compared to CNY 6,261,075.00 in the same period last year[25] Other Financial Metrics - Cash and cash equivalents decreased by 50.50% to ¥823,054,383.79 from ¥1,662,884,934.74 due to incomplete loan arrangements and repayment of loans by the parent company[11] - Accounts receivable increased by 208.45% to ¥788,895,930.41 from ¥255,760,353.98 as the subsidiary restored its original payment terms[11] - Financial expenses decreased by 50.73% to ¥38,132,980.47 from ¥77,388,985.62, due to reduced interest expenses[12]