Yibin paper(SH:600793)2014-10-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 837.37% to -CNY 7,033,282.65 for the year-to-date period[6] - Operating revenue dropped by 98.54% to CNY 48,167.57 for the year-to-date period[6] - Basic and diluted earnings per share were both -CNY 0.0668, a decrease of 834.07% compared to the previous year[7] - The company reported a weighted average return on net assets of -23.99%, a decrease of 27.65 percentage points[7] - The company's net loss for the period was reported at ¥188,535,911.82, compared to a loss of ¥181,502,629.17 in the previous year[21] - The company's operating revenue for the third quarter was CNY 10,753.33 million, a significant increase from CNY 2,374.82 million in the same period last year[23] - The operating profit for the third quarter was a loss of CNY 2,826.52 million, compared to a loss of CNY 2,445.70 million in the previous year[24] - The net profit for the third quarter was a loss of CNY 2,856.52 million, compared to a profit of CNY 338.70 million in the same period last year[24] - The basic and diluted earnings per share for the third quarter were both CNY -0.0271, down from CNY 0.0032 in the previous year[24] Assets and Liabilities - Total assets increased by 108.63% to CNY 2,709,954,173.69 compared to the end of the previous year[6] - The total liabilities increased to ¥2,684,151,898.61 from ¥1,266,123,202.92, indicating a significant rise in financial obligations[20] - The net assets attributable to shareholders decreased by 21.42% to CNY 25,802,275.08 compared to the end of the previous year[6] - The company's cash and cash equivalents increased significantly to ¥623,596,026.84 from ¥53,590,678.44, representing a growth of 1,063.63% due to increased bank borrowings[13] - The total cash and cash equivalents at the end of the reporting period was CNY 87,596.03 million, down from CNY 178,286.83 million at the end of the previous year[29] Shareholder Information - The total number of shareholders reached 4,651 by the end of the reporting period[11] - The largest shareholder, Yibin State-owned Assets Management Co., Ltd., holds 37.77% of the shares[11] Cash Flow - Net cash flow from operating activities improved to -CNY 4,937,396.92 from -CNY 28,306,317.05 year-on-year[6] - Cash flow from operating activities for the first nine months was a net outflow of CNY 4,937.40 million, compared to a net outflow of CNY 28,306.32 million in the same period last year[28] - Cash flow from investing activities resulted in a net outflow of CNY 682,582.05 million, compared to a net outflow of CNY 131,543.38 million in the previous year[28] - Cash flow from financing activities generated a net inflow of CNY 765,763.79 million, compared to CNY 293,384.78 million in the same period last year[28] - The company received CNY 1,170 million in borrowings during the financing activities, compared to CNY 300 million in the previous year[28] - The company reported a total operating cash inflow of CNY 8,813.67 million for the first nine months, an increase from CNY 5,668.43 million in the previous year[27] Operational Metrics - The company's operating costs also fell to ¥77,790.51, down by ¥2,851,638.04 or 97.34% year-on-year, reflecting the same sales decline[14] - Accounts receivable notes rose to ¥32,490,000.00 from ¥350,000.00, marking an increase of 9,182.86% attributed to higher note settlements[13] - The company's fixed assets grew to ¥6,084,864.82 from ¥3,344,087.43, an increase of 81.96% due to new asset acquisitions[13] - The construction in progress surged to ¥1,200,618,275.76 from ¥440,970,386.62, reflecting a 172.27% increase driven by increased investments in new projects[13] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[6]