NJXB(SH:600682)2014-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 2,403,679,215.62, reflecting a growth of 7.15% year-on-year[7] - Net profit attributable to shareholders increased by 14.25% to CNY 98,380,909.69 for the first nine months[7] - Basic and diluted earnings per share improved by 12.50% to CNY 0.27[7] - The net profit for the third quarter was not explicitly stated, but the changes in accounting policies did not affect the net profit for the year[20] - Net profit for Q3 2014 was CNY 4,384,871.30, a decline of 63.5% from CNY 11,996,306.88 in Q3 2013[34] - Earnings per share for Q3 2014 were CNY 0.02, compared to CNY 0.04 in Q3 2013, indicating a decrease in profitability[34] - The company reported a total comprehensive income of CNY -15,961,484.49 for Q3 2014, contrasting with CNY 15,663,408.12 in Q3 2013, highlighting a substantial decline[34] - The company reported a total profit of RMB 20,032,410.01, an increase from RMB 17,764,995.19 in the previous quarter[39] Assets and Liabilities - Total assets increased by 36.89% to CNY 6,049,636,364.75 compared to the end of the previous year[7] - The total liabilities increased to CNY 4,597,772,694.58 from CNY 3,007,493,435.75, marking a growth of approximately 53%[26] - The total owner's equity reached CNY 1,451,863,670.17, up from CNY 1,411,759,071.04, reflecting a modest increase[26] - The company's current assets totaled CNY 2,242,622,105.14, up from CNY 2,135,238,487.72 at the start of the year, reflecting a growth of approximately 5%[24] - The total liabilities increased to CNY 3,058,870,537.38 from CNY 2,210,918,715.21 year-over-year, indicating a significant rise in financial obligations[32] Cash Flow - The net cash flow from operating activities showed a significant decline of 166.01%, resulting in a negative CNY 136,385,493.66[7] - The company reported a cash flow from operating activities of -13,638.55 million, a decline of 166.01% compared to the previous year, primarily due to increased real estate investment[14] - Cash flow from operating activities showed a net outflow of RMB -136,385,493.66, a significant decline from a net inflow of RMB 206,621,532.06 in the previous year[42] - Operating cash flow for the period from January to September 2014 was CNY 62,042,683.69, a decrease of 55.5% compared to CNY 139,346,774.71 in the same period last year[44] - Total cash inflow from operating activities was CNY 1,542,462,081.25, down 7.9% from CNY 1,675,307,963.79 year-on-year[44] Investments and Acquisitions - Long-term equity investments reached 156,592.21 million, a significant increase due to the acquisition of Highland Group Holdings Limited[13] - The company signed a share purchase agreement to acquire approximately 89% of Highland Group Holdings Limited, with the transaction completed by September 3, 2014[14] - The company anticipates a significant increase in cumulative net profit by the end of the year due to the consolidation of the newly acquired company[16] - The company received CNY 420,000,000.00 from investment recoveries, significantly up from CNY 32,120,103.21 in the same period last year[44] - The company’s total cash inflow from investment activities was CNY 432,291,354.66, a significant increase from CNY 33,981,627.01 year-on-year[45] Shareholder Information - The total number of shareholders reached 15,236 by the end of the reporting period[10] - The largest shareholder, Sanpower Group Co., Ltd., holds 21.98% of the shares, totaling 78,748,591 shares[10] Operational Metrics - Total operating revenue for Q3 2014 was CNY 698,872,823.69, a decrease of 2.3% compared to CNY 718,546,816.67 in Q3 2013[32] - Total operating costs for Q3 2014 were CNY 696,338,190.44, down from CNY 701,301,507.20 in the same period last year, reflecting a cost reduction strategy[32] - Operating profit for Q3 2014 was CNY 9,068,613.25, down from CNY 19,106,833.27 in the previous year, reflecting operational challenges[34] - The company incurred a tax expense of CNY 7,181,614.22 in Q3 2014, compared to CNY 6,885,210.51 in Q3 2013, indicating an increase in tax liabilities[34] Accounting Policies - The implementation of new accounting standards will not affect the company's operating results or cash flow for 2013 and the current period[17] - The company has adjusted its accounting policy for certain investments, impacting the classification of assets but not the overall financial position[20]