YT(SH:600692)2018-10-25 16:00Financial Performance - Operating revenue for the first nine months was CNY 524,621,643.90, down 43.28% year-on-year[7] - Net profit attributable to shareholders for the first nine months was CNY 34,992,065.11, a decrease of 7.62% compared to the same period last year[7] - Basic earnings per share for the reporting period were CNY 0.0995, down 7.61% from CNY 0.1077 in the previous year[8] - Total operating revenue for Q3 2018 was ¥154,284,319.01, a decrease of 37.2% compared to ¥245,802,321.64 in the same period last year[31] - Net profit for Q3 2018 was ¥15,167,125.54, a decline of 33.5% compared to ¥22,728,884.01 in Q3 2017[32] - The company's total comprehensive income attributable to the parent company for the first nine months was CNY 12,719,247.33, a recovery from a loss of CNY -10,745,565.67 in the same period last year[35] - The company's operating profit for the first nine months was CNY 12,604,368.95, a turnaround from a loss of CNY -10,659,665.94 in the same period last year[34] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 265,563,003.94, compared to a net outflow of CNY 97,138,679.26 in the previous year[7] - Cash received from sales and services dropped by 41.94% to ¥295,516,373.76, mainly due to decreased property sales and trade income[19] - Operating cash inflow for Q3 2018 was CNY 412,042,111.62, a decrease from CNY 630,478,385.83 in Q3 2017, reflecting a decline of approximately 34.7%[38] - The net cash flow from operating activities for the first nine months was CNY 6,108,168.38, a recovery from a net outflow of CNY -27,632,802.01 in the previous year[41] - The company's cash flow from financing activities surged by 805.82% to ¥187,626,841.86, reflecting increased borrowing to support operations[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,050,132,102.56, a decrease of 2.24% compared to the end of the previous year[7] - Total liabilities decreased from CNY 1,322,936,551.51 to CNY 1,228,443,347.03, reflecting a decline of approximately 7.1%[25] - The company's total equity increased from CNY 774,154,562.75 to CNY 821,688,755.53, showing an increase of about 6.1%[26] - The company's cash and cash equivalents decreased by 32.01% from the beginning of the year, totaling ¥174,244,523.60, primarily due to significant investments in real estate projects[15] - Accounts receivable increased from CNY 77,339,545.21 to CNY 87,039,490.23, representing a growth of about 12.2%[24] Expenses - Operating costs decreased by 48.72% to ¥399,292,010.04, reflecting lower sales and corresponding cost reductions[17] - The company reported a 59.85% increase in financial expenses, totaling ¥17,138,302.14, due to increased loans and interest expenses[17] - The company’s tax expenses increased by 31.80% to ¥29,439,261.36, mainly due to higher tax liabilities from subsidiaries[17] - The financial expenses for the first nine months increased to CNY 11,344,227.49 from CNY 8,288,380.00 in the previous year, reflecting a rise of approximately 37.1%[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 37,547[10] - The largest shareholder, Chongming District State-owned Assets Supervision and Administration Commission, held 32.51% of the shares[10] Future Outlook - Future guidance indicates a focus on improving operational efficiency and increasing profitability in the upcoming quarters[32] - The company aims to enhance its market presence and explore potential mergers and acquisitions as part of its growth strategy[32]