Shanghai Guijiu (SH:600696)2015-10-27 16:00Financial Performance - Operating revenue for the first nine months was CNY -6,744.00, a decrease of 100.067% year-on-year[6] - Net profit attributable to shareholders was CNY -35,124,032.96, representing a decline of 647.97% compared to the same period last year[7] - Basic and diluted earnings per share were both CNY -0.1069, a decrease of 663.57% year-on-year[7] - The company's total revenue for the first nine months of 2015 was CNY 9,991,273.00, compared to CNY 23,122,094.69 for the same period in the previous year, representing a decrease of approximately 56.7%[26] - The total profit (loss) for the first nine months of 2015 was -34,972,604.37 RMB, compared to -2,077,312.01 RMB in the same period last year, indicating a decline of 1,584.5%[30] - The net loss for Q3 2015 was CNY 12,430,235.91, compared to a profit of CNY 6,135,005.16 in the same quarter of the previous year, marking a significant downturn[26] - The total profit (loss) for Q3 2015 was -13,490,760.66 RMB, compared to a profit of 6,258,515.45 RMB in the same period last year, representing a decline of 315.5%[27] Cash Flow - The net cash flow from operating activities for the first nine months was CNY -77,630,379.05, compared to CNY -360,310.43 in the same period last year[6] - Cash inflow from operating activities for the year-to-date period (January to September) was CNY 472,309,180.43, a decrease of 35.4% compared to CNY 731,651,440.05 in the same period last year[32] - Net cash outflow from operating activities was CNY -77,630,379.05, compared to CNY -360,310.43 in the previous year, indicating a significant increase in cash outflow[32] - Cash inflow from investment activities was CNY 92,877,235.57, a substantial increase from CNY 3,526,400.00 in the same period last year[33] - Net cash flow from investment activities was CNY 84,160,821.89, compared to CNY 3,117,901.00 in the previous year, reflecting a strong performance in this segment[33] - Cash outflow from financing activities totaled CNY 9,331,714.00, compared to CNY 564,911.12 in the previous year, indicating increased financial obligations[33] - The net increase in cash and cash equivalents was CNY -2,801,271.16, contrasting with a net increase of CNY 2,192,679.45 in the same period last year[33] - The ending balance of cash and cash equivalents was CNY 24,116,928.00, down from CNY 36,637,385.67 at the end of the previous year[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,342,199,857.62, a decrease of 3.93% compared to the end of the previous year[6] - Net assets attributable to shareholders decreased by 6.10% to CNY 559,176,996.52 compared to the end of the previous year[6] - Total liabilities decreased from CNY 743,894,723.32 at the beginning of the year to CNY 726,627,048.09 by the end of Q3 2015, a reduction of approximately 2.4%[21] - The company's total current liabilities decreased from CNY 741,604,639.32 at the beginning of the year to CNY 725,841,590.99 by the end of Q3 2015, a decrease of about 2.1%[21] - The estimated liabilities decreased from CNY 2,290,084.00 at the beginning of the year to CNY 785,457.10 by the end of Q3 2015, a reduction of approximately 65.7%[21] - Accounts receivable decreased by 89.91% compared to the beginning of the period, mainly due to the recovery of sales payments[13] - Prepayments increased by 77.43% compared to the beginning of the period, primarily due to payments made by a subsidiary for project costs[13] - Other receivables decreased by 87.99% compared to the beginning of the period, mainly due to a reduction in the scope of consolidation[13] - Fixed assets increased by 29.16% compared to the beginning of the period, mainly due to the acquisition of fixed assets[13] - Other current assets increased by 33.98% compared to the beginning of the period, primarily due to an increase in prepaid taxes[13] Shareholder Information - The total number of shareholders at the end of the reporting period was 65,143[11] - The top ten shareholders held a total of 56,000,000 shares, accounting for 16.36% of the total shares[11] Management and Expenses - Management expenses increased by 182.48% compared to the same period last year, mainly due to rising rental and other daily expenses[15] - Management expenses for Q3 2015 were 10,934,469.83 RMB, an increase of 243.5% compared to 3,186,463.12 RMB in the same period last year[29] - Operating costs decreased by 100.00% in line with the drop in operating revenue[14] - Investment income decreased by 76.51% compared to the same period last year, primarily due to a decline in profits from an associated company[15] - The company reported non-operating income and expenses of CNY -1,060,524.75 for the first nine months[9] Other Information - The company has not disclosed any new product or technology developments, market expansion, or acquisition strategies in this report[6] - The cash flow statement for the first nine months of 2015 indicates that the company has not generated any operating revenue[31] - Operating revenue decreased by 100.00% compared to the same period last year, primarily due to a decline in sales revenue from a subsidiary[14]