CMST(SH:600787)2016-10-28 16:00Financial Performance - Operating revenue decreased by 23.63% to CNY 9,688,953,741.10 for the first nine months compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was CNY 430,430,924.79, an increase of 5.90% compared to the previous year[8]. - Basic earnings per share decreased by 10.46% to CNY 0.19567[8]. - The company reported a significant increase of 73.88% in net profit after deducting non-recurring gains and losses[8]. - Total operating revenue for Q3 2016 was approximately ¥3.28 billion, a decrease of 22.6% compared to ¥4.23 billion in Q3 2015[40]. - Net profit for the first nine months of 2016 reached approximately ¥430.71 million, up from ¥404.98 million in the same period last year, representing an increase of 6.4%[41]. - The total profit for the first nine months was approximately ¥191.45 million, down 62.8% from ¥511.89 million in the previous year[45]. - The net profit for the third quarter was a loss of approximately ¥27.47 million, compared to a profit of ¥3.12 million in the same period last year, indicating a significant decline[45]. Cash Flow - Net cash flow from operating activities was negative at CNY -4,442,882,157.51, a decline of 1,131.34% compared to the previous year[7]. - The cash flow from operating activities for the first nine months was negative at approximately -¥4.44 billion, a stark contrast to a positive cash flow of ¥430.79 million in the same period last year[47]. - Cash inflow from financing activities reached approximately $6.58 billion, significantly up from $190.44 million in the same period last year[51]. - Cash inflow from financing activities of approximately ¥6.77 billion, compared to ¥227.84 million in the previous year, showing a substantial increase in financing[48]. - The company’s cash flow from operating activities showed a significant improvement, contributing to the overall financial stability despite the revenue decline[41]. Assets and Liabilities - Total assets increased by 24.22% to CNY 18,955,795,137.11 compared to the end of the previous year[7]. - Total liabilities increased to CNY 9.71 billion, up from CNY 6.46 billion, reflecting a growth of 50.0%[32]. - Current assets totaled CNY 12.43 billion, an increase of 35.5% from CNY 9.19 billion at the start of the year[31]. - Non-current assets amounted to CNY 6.52 billion, up from CNY 6.07 billion, indicating an increase of 7.4%[31]. - The company's equity attributable to shareholders reached CNY 9.02 billion, compared to CNY 8.74 billion at the beginning of the year, a rise of 3.2%[32]. Inventory and Receivables - Inventory surged by 282.63% to ¥5,638,106,515.58, attributed to rising development costs in the real estate business[14]. - Accounts receivable interest increased by 297.60% to ¥36,112,749.84, primarily due to increased interest receivable from joint ventures[14]. - Accounts receivable rose to CNY 1.16 billion, up from CNY 933 million, representing an increase of 24.0%[31]. Shareholder Information - The number of shareholders reached 81,849 at the end of the reporting period[10]. - The largest shareholder, China Material Storage and Transportation Corporation, holds 43.74% of the shares[11]. Government Support and Commitments - The company received government subsidies amounting to CNY 32,237,171.74 during the reporting period[9]. - 中储总公司承诺在资产重组完成后五年内，若土地被政府收储，其收储价格低于评估价值，将补偿差额以保护上市公司利益[19]. - 中储总公司承诺在资产重组完成后10年内，若置入资产的收储或转让价格低于评估值，将在一个月内以现金补齐差额[20]. - 中储总公司承诺在标的资产由划拨地转为出让地的过程中，承担土地出让金等相关税费的缴纳，确保不存在欠缴情况[21].