LUYIN INVEST(SH:600784)2014-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 39.01% to CNY 29,153,800.52 for the first nine months of the year[8]. - Operating revenue for the first nine months was CNY 2,728,556,479.71, a decline of 33.96% year-on-year[8]. - Basic and diluted earnings per share decreased by 38.37% to CNY 0.053[9]. - The company reported a total comprehensive income of CNY 2,852,032.17 for the third quarter, compared to CNY 30,470,966.94 in the previous year[34]. - Net profit for the third quarter was CNY 2,486,581.65, significantly lower than CNY 30,362,643.09 in the same quarter last year[34]. - Total profit for the first nine months was a loss of CNY 44,428,796.10, worsening from a loss of CNY 26,687,498.18 in the same period last year[37]. - Investment income for the first nine months was CNY 17,377,292.02, an increase from CNY 13,448,774.89 in the previous year[37]. Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash inflow of CNY 109,622,462.91 compared to a net outflow of CNY 720,501,774.85 in the same period last year[8]. - The company reported a total cash inflow from operating activities of CNY 2,265,531,151.45, compared to CNY 4,442,800,086.50 in the previous year[40]. - The company incurred a total cash outflow from financing activities of CNY 1,456,489,465.70, compared to CNY 1,309,410,305.66 in the previous year[41]. - Operating cash inflow for Q3 2014 was $383.53 million, while total cash inflow for the year-to-date was $2.27 billion[44]. - Total operating cash outflow for Q3 2014 was $369.63 million, resulting in a net cash flow from operating activities of $13.90 million[44]. - The total cash outflow for operating activities year-to-date was $2.63 billion[44]. Assets and Liabilities - Total assets decreased by 2.59% to CNY 5,566,490,182.49 compared to the end of the previous year[8]. - The company’s cash and cash equivalents decreased by 42.69% to CNY 568,544,580.88 due to loan repayments[13]. - The total liabilities decreased to CNY 3,968,778,299.34 from CNY 4,527,465,730.66 at the beginning of the year[25]. - The company's total equity increased to CNY 1,597,711,883.15 from CNY 1,187,237,518.19 at the beginning of the year[25]. - The company's current assets totaled CNY 4,134,833,602.88, down from CNY 4,567,144,257.80 at the beginning of the year[23]. - Total assets at the end of the period were CNY 3,417,917,300.06, an increase from CNY 3,276,097,596.15 at the beginning of the year[29]. Shareholder Information - The number of shareholders reached 46,335, with the largest shareholder holding 25.29% of the shares[12]. - The company’s net assets attributable to shareholders increased by 41.68% to CNY 1,397,072,765.48 compared to the end of the previous year[8]. Investment Activities - The company invested CNY 6,000,000 to acquire a 12% stake in Shandong Financial Asset Trading Center Co., Ltd. in 2014[18]. - The company increased its long-term equity investment by CNY 399,096,505.17 through a major asset swap and share issuance to acquire a 4.98% stake in Laishang Bank[18]. Operating Costs and Expenses - Operating costs decreased by 37.79% to ¥2,405,669,418.74 from ¥3,867,282,390.01 year-on-year[14]. - Financial expenses rose by 60.4% to ¥60,919,701.12, attributed to increased capital costs from higher bank loan utilization[14]. - Management expenses for the first nine months totaled CNY 24,592,615.42, down from CNY 35,312,445.84 in the same period last year[36]. - Financial expenses for the first nine months increased to CNY 41,281,498.38 from CNY 31,804,850.87 in the previous year[36].