LBC(SH:600727)2014-10-30 16:00Financial Performance - Operating revenue for the first nine months reached ¥427,787,731.06, representing a year-on-year increase of 17.14%[8] - Net profit attributable to shareholders was ¥8,162,867.27, down 45.65% from the same period last year[8] - The company's operating revenue for the third quarter of 2014 was CNY 173,860,761.43, an increase of 120.5% compared to CNY 78,920,980.33 in the same period last year[25] - The net profit for the third quarter of 2014 was CNY 1,701,032.38, a decrease of 43.2% from CNY 2,994,472.29 in the previous year[26] - The basic earnings per share for the third quarter of 2014 was CNY 0.005, down from CNY 0.01 in the same period last year[26] Cash Flow - The net cash flow from operating activities for the first nine months was ¥95,996,677.01, a significant recovery from a loss of ¥20,756,123.36 in the previous year[8] - Operating cash inflow for the period reached ¥419,632,065.64, a significant increase of 39.4% compared to ¥300,908,474.18 in the same period last year[27] - Net cash flow from operating activities improved to ¥95,996,677.01, compared to a negative cash flow of ¥20,756,123.36 in the previous year[27] - Cash outflow from investment activities totaled ¥3,056,268.66, a decrease of 89.2% from ¥28,295,518.27 in the same period last year[28] - The net cash flow from investment activities was negative at ¥3,030,561.93, compared to a much larger negative cash flow of ¥28,285,488.27 last year[28] - The net increase in cash and cash equivalents for the period was ¥92,966,115.08, contrasting with a decrease of ¥49,041,611.63 in the same period last year[28] - The ending balance of cash and cash equivalents rose to ¥137,013,605.49, up from ¥31,904,315.58 at the end of the same period last year[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,297,262,165.22, a decrease of 1.08% compared to the end of the previous year[8] - The total assets as of September 30, 2014, were CNY 1,297,262,165.22, a slight decrease from CNY 1,311,463,721.17 at the beginning of the year[23] - The total liabilities as of September 30, 2014, were CNY 266,419,158.77, down from CNY 288,134,981.62 at the beginning of the year[24] - The company's inventory decreased to CNY 107,114,003.09 from CNY 150,830,297.40, a reduction of 29%[22] - The company's long-term equity investment decreased to CNY 7,910,573.63 from CNY 8,125,314.55 at the beginning of the year[22] - The company's total owner's equity was CNY 1,030,843,006.45 as of September 30, 2014, slightly up from CNY 1,023,328,739.55 at the beginning of the year[24] Shareholder Information - The number of shareholders at the end of the reporting period was 33,432[11] Regulatory and Restructuring Activities - The company decided to adjust its major asset restructuring plan and applied to suspend the review of the restructuring by the China Securities Regulatory Commission[15] - The company received a notice from the China Securities Regulatory Commission regarding the investigation of its major asset restructuring, leading to the suspension of the review of its application[16] Operating Costs - The company's financial expenses decreased by over 30% compared to the previous year, primarily due to increased interest income[13] - The company reported a 30.39% increase in operating costs year-on-year, mainly due to increased sales[13] - The operating costs for the third quarter of 2014 were CNY 149,286,000.88, an increase of 160% compared to CNY 57,430,745.13 in the same period last year[25] - Cash paid for various taxes decreased by 63.90% compared to the previous year, mainly due to the income tax paid in the previous period[13]