FJDB(SH:600693)2015-10-30 16:00Financial Performance - Operating revenue decreased by 7.01% to CNY 1,154,461,386.66 compared to the same period last year[7] - Net profit attributable to shareholders decreased by 75.29% to CNY 42,339,806.26 compared to the same period last year[7] - Basic earnings per share decreased by 79.51% to CNY 0.1023 compared to the same period last year[7] - The company reported a significant decrease in the weighted average return on net assets, down 12.14% to 2.73%[7] - The company reported a net cash outflow from operating activities of ¥-12,652.13 million, a 80.57% improvement compared to ¥-65,115.67 million in the previous period, mainly due to increased pre-sale funds from projects[16] - The net profit for Q3 2015 was a loss of CNY 4,321,544.17, compared to a loss of CNY 2,599,501.69 in Q3 2014[31] - The total profit for Q3 2015 was CNY -8,256,813.18, compared to a loss of CNY -3,468,637.47 in the same period last year[31] - The company reported a total profit of -51,037,006.03 for the quarter, down from 508,187.42 in the same quarter last year[35] Assets and Liabilities - Total assets increased by 26.29% to CNY 5,202,835,893.07 compared to the end of the previous year[7] - Current assets rose to CNY 4,461,467,199.37, up from CNY 3,413,404,756.29, indicating an increase of about 30.7%[23] - Total liabilities increased to CNY 3,327,753,689.72 from CNY 2,833,717,698.85, showing a rise of about 17.4%[25] - The company’s total liabilities decreased by 79.60% to ¥19,095.00 million, indicating a reduction in long-term borrowings[13] - The total liabilities as of the end of Q3 2015 amounted to CNY 1,692,229,771.75, slightly up from CNY 1,658,319,874.63 at the end of Q3 2014[29] - Owner's equity rose to CNY 1,875,082,203.35 from CNY 1,285,993,198.93, reflecting an increase of about 46%[25] Cash Flow - Net cash flow from operating activities improved by 80.57% to -CNY 126,521,252.09 compared to the same period last year[7] - Cash flow from operating activities showed a net outflow of -126,521,252.09, an improvement from -651,156,739.23 in the same period last year[39] - Cash inflow from financing activities reached $1.28 billion, significantly higher than $210 million in the same period last year[43] - Net cash flow from financing activities was $700.99 million, compared to $106.70 million in the previous year[44] - The ending cash and cash equivalents balance was $530.03 million, up from $234.60 million year-over-year[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,413[10] - The largest shareholder, Fujian Fengqi Investment Co., Ltd., holds 45.62% of the shares[10] - The company’s stockholders have committed to increase their holdings, with plans to invest at least ¥40 million over the next six months[17] Investments and Projects - The company has initiated new projects and increased investments in renovation and expansion, particularly in the Lanzhou International Trade Center[13] - Financial expenses decreased by 80.52% to ¥658.43 million, reflecting a reduction in funding costs and increased capitalized interest[15] - The company received ¥74,518.45 million from financing activities, a 465.33% increase compared to ¥13,181.47 million, primarily from funds raised through a private placement[16] Revenue and Costs - Total operating revenue for Q3 2015 was CNY 324,038,853.50, a decrease of 3.4% compared to CNY 334,489,168.92 in Q3 2014[30] - Total operating costs for Q3 2015 were CNY 330,000,541.99, down from CNY 343,386,809.12 in the same period last year, reflecting a reduction of 3.9%[30] - Sales expenses increased to 13,879,083.86, up from 12,273,738.47 in the previous year, indicating higher marketing costs[35] - Financial expenses surged to 18,944,811.54, compared to 8,350,043.61 in the same period last year, reflecting increased borrowing costs[35] Future Outlook - The company plans to focus on market expansion and new product development to improve future performance[36] - The company’s gross profit margin is expected to decline significantly due to the absence of last year's one-time gains from the sale of equity stakes[19]