Insigma(SH:600797)2015-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 3,326,667,672.02, a decrease of 1.52% compared to the same period last year[6] - Net profit attributable to shareholders was a loss of CNY 118,724,486.47, compared to a loss of CNY 61,966,653.3 in the previous year[7] - Basic earnings per share were CNY 0.01, an improvement from a loss of CNY 0.02 per share in the same period last year[7] - Total revenue for Q3 2015 was CNY 1,175,942,562.62, a slight increase from CNY 1,161,514,977.38 in Q3 2014, representing a year-over-year growth of 1.5%[38] - Net profit for Q3 2015 was a loss of CNY 36,851,534.01, compared to a profit of CNY 8,812,619.48 in Q3 2014, reflecting a significant decline[40] - The company's total operating income for the first nine months of 2015 was CNY 3,326,667,672.02, a decrease from CNY 3,377,975,882.92 in the same period of 2014, representing a decline of 1.5%[38] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,933,541,771.2, an increase of 6.6% compared to the previous year[6] - Total liabilities reached CNY 3.21 billion, compared to CNY 2.94 billion at the beginning of the year, representing an increase of about 9.2%[32] - Current assets totaled CNY 3.36 billion, up from CNY 3.04 billion at the start of the year, indicating a growth of about 10.6%[30] - Total assets increased to CNY 2,506,650,052.17 in Q3 2015 from CNY 2,244,142,872.64 in Q3 2014, marking an increase of 11.7%[36] - Total liabilities rose to CNY 1,182,503,083.05 in Q3 2015, up from CNY 1,003,539,287.50 in Q3 2014, representing an increase of 17.8%[36] Cash Flow - The company reported a net cash flow from operating activities of CNY -196,053,836.14 for the first nine months, an improvement from CNY -272,321,730.07 in the previous year[6] - Cash inflow from operating activities for the first nine months was CNY 3,684,865,069.53, down 10.8% from CNY 4,132,322,277.23 in the previous year[47] - Cash outflow from operating activities totaled CNY 3,880,918,905.67, a decrease of 12.0% compared to CNY 4,404,644,007.30 last year[48] - Cash inflow from investment activities increased significantly to CNY 432,170,836.01, compared to CNY 282,578,259.93 in the previous year, marking a growth of 53.0%[48] - Net cash flow from investment activities was CNY 367,836,459.35, a substantial increase from CNY 37,248,410.17 year-over-year[48] - Cash inflow from financing activities was CNY 1,270,155,195.00, down 19.7% from CNY 1,582,945,750.00 last year[48] Shareholder Information - The total number of shareholders at the end of the reporting period was 133,124[10] - The largest shareholder, Zhejiang Zheda Wanshin Group Co., Ltd., held 15.50% of the shares, with 12,739,605 shares pledged[10] - The company's equity attributable to shareholders was CNY 1.59 billion, slightly up from CNY 1.54 billion, indicating a growth of about 2.0%[32] Government Support and Other Income - The company received government subsidies amounting to CNY 10,990,690.82 during the reporting period, which are closely related to its normal business operations[8] - Non-operating income and expenses resulted in a net loss of CNY 1,392,775.57 for the reporting period[9] Asset Changes - Accounts receivable decreased by 46.09% to ¥47,126,297.01 from ¥87,417,748.72[14] - Prepayments increased by 35.68% to ¥373,932,632.55 from ¥275,595,685.36[14] - Investment properties increased by 37.86% to ¥323,145,290.92 from ¥234,406,676.05[14] - Fixed assets decreased by 51.04% to ¥103,443,668.55 from ¥211,291,724.00[14] - Other payables increased by 292.87% to ¥333,450,608.92 from ¥84,876,347.92[14] - Asset impairment losses surged by 1425.08% to ¥18,092,435.47 from ¥1,186,326.55[16] Strategic Initiatives - The company is accelerating its "Internet + X" strategy and focusing on innovation and asset disposal[26] - The company has committed to not reducing its stock holdings within six months starting from July 8, 2015[26]