NJXB(600682)2015-11-02 16:00Financial Performance - Operating revenue surged by 326.5% to CNY 10.26 billion, primarily due to the consolidation of Highland Group Holdings Limited's revenue of CNY 7.97 billion[8] - The net profit attributable to shareholders was a loss of CNY 0.93 billion, a decrease of 198.42%, mainly due to the losses from Highland Group Holdings Limited of CNY 0.42 billion[9] - The company's operating revenue for the first nine months of 2015 reached CNY 1,026,114.35 million, a significant increase of 326.50% compared to CNY 240,589.82 million in the same period of 2014, primarily due to the consolidation of Highland Group Holdings Limited's financial statements[17] - The company's operating costs for the same period were CNY 676,185.39 million, reflecting a 271.68% increase from CNY 181,924.78 million, also driven by the consolidation of Highland Group Holdings Limited[17] - The company reported a net cash flow from operating activities of -CNY 29,335.45 million for the first nine months of 2015, compared to -CNY 13,854.53 million in the previous year, indicating a worsening cash flow situation[18] - The company reported a significant increase in prepaid expenses, which rose to CNY 226,279,251.07 from CNY 197,806,779.71, an increase of about 14.5%[27] - The company reported a gross profit margin decrease, with gross profit for the period at CNY -180,972,434.56, compared to CNY 1,000,000 in the previous year[37] - The net profit for the first nine months of 2015 was CNY 553,135,412.83, compared to CNY 94,784,317.67 in the previous year, indicating a significant decline[41] Assets and Liabilities - The company's total assets increased by 4.61% to CNY 14.80 billion compared to the end of the previous year[7] - The company's long-term borrowings increased by 168.31% to CNY 193,108.09 million from CNY 71,970.98 million, primarily due to subsidiaries replacing some high-interest debt with long-term loans[17] - The total liabilities of the company reached CNY 13,434,651,328.28, compared to CNY 12,598,522,325.11 at the beginning of the year, marking an increase of about 6.6%[29] - The company's equity attributable to shareholders decreased to CNY 1,640,419,594.85 from CNY 1,738,374,784.28, a decline of approximately 5.6%[29] - Total assets increased to CNY 5,143,860,170.64 from CNY 4,205,375,239.10, representing a growth of approximately 22.4%[33] - Total liabilities increased to CNY 3,376,909,998.55 from CNY 2,959,387,527.37, reflecting a rise of approximately 14.1%[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,272[13] - The largest shareholder, Sanpower Group Co., Ltd., held 31.68% of the shares, with 90.82 million shares pledged[13] - The company has committed to a lock-up period of 36 months for shares acquired through the restructuring, with an automatic extension of 6 months if certain price conditions are not met[24] - Nanjing Shangmao Tourism Development Group has committed to cover the costs for dissenting shareholders during the share reform process[23] Cash Flow - The net cash flow from operating activities was a negative CNY 0.29 billion, reflecting increased cash outflows from subsidiaries[10] - The company's cash flow from financing activities decreased by 87.22% to CNY 19,351.09 million from CNY 151,367.25 million, indicating a significant reduction in financing inflows[18] - The total cash and cash equivalents at the end of the period amounted to 1,881,067,294.14 CNY, up from 915,088,624.99 CNY in the previous period[45] - Cash inflow from financing activities was 5,827,808,096.52 CNY, while cash outflow was 5,634,297,239.84 CNY, leading to a net cash flow of 193,510,856.68 CNY[45] Investment Activities - The company disposed of its stake in Nanjing Xinbai Pharmaceutical, generating an investment income of CNY 0.43 billion[9] - The company’s investment income increased dramatically by 3,814.70% to CNY 43,684.55 million from CNY 1,115.91 million, primarily from the sale of Xinbai Pharmaceutical[17] - Cash inflow from investment activities totaled 599,398,333.35 CNY, with a net cash flow of 158,140,424.27 CNY, contrasting with a net outflow of -1,343,184,023.02 CNY in the previous period[44] Financial Adjustments - The company made adjustments to financial data due to the consolidation of subsidiaries under common control, affecting previous financial statements[10] - Non-operating income and expenses included a loss from the disposal of non-current assets amounting to CNY 55.12 million[12] - The company’s financial expenses rose by 309.13% to CNY 27,926.27 million from CNY 6,825.82 million, largely due to the consolidation of Highland Group Holdings Limited[17] - The company's financial expenses for the third quarter of 2015 were CNY 18,043,891.65, compared to CNY 28,140,649.67 in the same quarter last year, showing a decrease of approximately 36%[41]