EASTCOM(SH:600776)2015-10-28 16:00Financial Performance - Operating revenue for the year-to-date was CNY 2,446,063,030.42, representing a decline of 10.69% year-on-year[6] - Net profit attributable to shareholders was CNY 98,017,890.56, a slight increase of 0.15% compared to the same period last year[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 66,783,272.72, an increase of 47.84% year-on-year[6] - The weighted average return on equity was 3.39%, down from 3.55% in the previous year[7] - Basic earnings per share were CNY 0.078, a marginal increase of 0.15% compared to the previous year[7] - Total operating revenue for Q3 2015 was ¥526,599,388.38, a decrease of 46.1% compared to ¥979,543,388.59 in Q3 2014[27] - Net profit for the first nine months of 2015 was ¥96,340,075.37, down 1.6% from ¥97,866,669.47 in the same period last year[28] - Operating profit for Q3 2015 was ¥16,216,024.71, a decline of 48.2% from ¥31,331,559.27 in Q3 2014[27] - Basic earnings per share for Q3 2015 were ¥0.017, down from ¥0.029 in Q3 2014[28] - Net profit for the first nine months of 2015 was approximately ¥68.50 million, down 67.60% from ¥211.36 million in the same period last year[31] Cash Flow and Investments - The net cash flow from operating activities was negative CNY 468,045,199.08, a decline of 16.09% year-on-year[6] - The company reported a net cash flow from operating activities of approximately -¥468.05 million for the first nine months of 2015, compared to -¥403.17 million in the previous year[32] - Investment activities resulted in a net cash outflow of approximately -¥227.09 million, a significant decrease from a net inflow of ¥298.42 million in the same period last year[33] - The net cash flow from investment activities was -136,568,816.64 CNY, compared to 308,813,295.57 CNY in the same period last year[36] - Cash inflow from financing activities was 95,788,700.00 CNY, an increase from 52,270,113.87 CNY in the previous year[36] - The net cash flow from financing activities was -81,395,561.23 CNY, worsening from -36,945,817.35 CNY year-over-year[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,489,558,418.21, a decrease of 3.84% compared to the end of the previous year[6] - The company's current assets totaled CNY 2,816,451,317.88, down from CNY 3,002,378,715.02 at the beginning of the year, indicating a decrease of about 6.16%[21] - Total liabilities decreased from CNY 723,075,822.31 to CNY 562,833,084.81, a reduction of about 22.1%[22] - The company's equity attributable to shareholders increased from CNY 2,865,184,766.34 to CNY 2,887,842,653.06, showing a slight increase of approximately 0.79%[22] - The total assets of Dongfang Communication Co., Ltd. as of September 30, 2015, amounted to CNY 3,489,558,418.21, a decrease from CNY 3,628,821,084.18 at the beginning of the year, reflecting a decline of approximately 3.85%[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 74,738[11] - The largest shareholder, Putian Oriental Communication Group Co., Ltd., held 45.44% of the shares[11] - The controlling shareholder, Putian Dongfang Communication Group Co., Ltd., pledged not to reduce its holdings in Dongfang Communication Co., Ltd. during 2015, and this commitment is still being honored[16] Operational Changes and Future Outlook - The company received government subsidies amounting to CNY 3,649,400.00 during the reporting period[8] - The company’s management indicated a focus on improving operational efficiency and exploring new market opportunities moving forward[30]