LKPC(SH:600789)2015-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 1,739,645,948.98, a decrease of 0.92% year-on-year[6] - Net profit attributable to shareholders was CNY 748,478.20, a significant recovery from a loss of CNY 78,729,564.76 in the same period last year[6] - Total revenue for the third quarter was approximately CNY 590.49 million, a slight decrease of 0.93% compared to CNY 598.05 million in the same period last year[22] - Year-to-date revenue reached CNY 1.74 billion, down from CNY 1.76 billion in the previous year, indicating a decline of about 6.36%[22] - Total operating revenue for Q3 2015 was approximately ¥590.49 million, a decrease of 1.0% compared to ¥598.05 million in Q3 2014[23] - The net profit for the first nine months of 2015 was CNY 781,511.88, a decrease from a net loss of CNY 29,434,059.35 in the same period last year[26] - The total comprehensive income for the third quarter was CNY -3,706,968.12, compared to CNY -28,498,959.35 in the previous year[26] Assets and Liabilities - Total assets decreased by 2.97% to CNY 3,963,652,819.31 compared to the end of the previous year[6] - Total assets decreased from ¥4,084,922,717.79 to ¥3,963,652,819.31, reflecting a reduction in overall asset value[16] - Total liabilities decreased to CNY 1.68 billion from CNY 2.12 billion, reflecting a reduction of approximately 20.83%[21] - Owner's equity increased to CNY 1.90 billion from CNY 1.49 billion, representing a growth of about 27.61%[21] - Accounts receivable decreased by 34.77% to ¥195,582,182.92 due to the maturity of financing lease receivables[12] - Long-term equity investments decreased by 55.68% to ¥52,627,452.28 as a result of the disposal of equity in joint ventures[12] - Short-term borrowings decreased by 75.81% to ¥115,635,400.00 primarily due to increased repayment of bank loans[12] Cash Flow - Net cash flow from operating activities decreased by 78.51% to CNY 21,922,334.09 compared to the same period last year[6] - Cash flow from operating activities for the first nine months was CNY 21,922,334.09, down from CNY 102,032,566.91 year-on-year[28] - Cash inflow from investment activities totaled CNY 482,749,857.69, significantly higher than CNY 26,721,167.65 in the previous year[29] - The net cash flow from investment activities was CNY 369,590,031.69, compared to a net outflow of CNY -84,352,911.94 last year[29] - Cash flow from financing activities showed a net outflow of CNY -385,411,910.01, worsening from CNY -147,916,897.32 in the previous year[29] - The ending cash and cash equivalents balance was CNY 460,963,367.58, an increase from CNY 400,550,099.98 at the end of the previous year[29] Shareholder Information - The total number of shareholders reached 119,306 by the end of the reporting period[9] - The largest shareholder, Shandong Provincial Government, holds 24.59% of the shares[9] Non-Operating Income and Expenses - The company reported non-operating income of CNY 7,502,402.48 for the current period[8] - Non-operating income increased by 49.14% to ¥8,743,517.92 due to gains from the disposal of non-current assets and increased government subsidies[13] - The company incurred sales expenses of approximately ¥33.90 million in Q3 2015, a decrease from ¥36.92 million in Q3 2014[25] Investment Activities - The company completed the transfer of 40% equity in Shandong Lukang Pharmaceutical Co., Ltd. for ¥79,609,200.00[13] - Investment income for Q3 2015 was approximately ¥7.48 million, compared to ¥3.89 million in Q3 2014, indicating a growth of 92.5%[23] Other Financial Metrics - The weighted average return on net assets increased by 5.34 percentage points to 0.05%[7] - Basic earnings per share for Q3 2015 were ¥0.0003, compared to a loss of ¥0.05 per share in Q3 2014[25] - The company reported a total profit of approximately ¥2.32 million in Q3 2015, compared to a loss of ¥30.30 million in Q3 2014[23]