BHCC(SH:600800)2014-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 40,169,291.67, down 46.60% year-on-year [11]. - Operating revenue for the first nine months was CNY 86,807,557.58, a decline of 21.05% compared to the same period last year [11]. - Net profit attributable to shareholders for the first nine months was CNY -35,106,650.51, a decrease of 1,115.22% year-on-year [11]. - Basic and diluted earnings per share were both CNY -0.0574, a decrease of 1,107.02% compared to the previous year [12]. - The company reported a net loss of CNY 758,367,103.71, compared to a loss of CNY 726,905,422.82 in the previous period [29]. - Net loss for Q3 2014 was -13,761,742.56, compared to a net loss of -8,089,751.03 in Q3 2013, indicating a worsening of approximately 70.5% [33]. - Basic earnings per share for Q3 2014 was -0.0214, compared to -0.0121 in Q3 2013, reflecting a decline of 76.0% [33]. - Total profit for Q3 2014 was -13,761,742.56, compared to -8,080,086.02 in Q3 2013, representing an increase in losses of about 70.5% [33]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 660,028,951.08, a decrease of 6.11% compared to the end of the previous year [10]. - Total assets decreased from CNY 703,010,133.31 to CNY 660,028,951.08, a decline of approximately 6.1% [25]. - Current liabilities increased from CNY 616,855,935.79 to CNY 610,946,288.66, a decrease of about 1.5% [25]. - Total liabilities decreased from CNY 567,414,657.64 to CNY 560,309,779.73, a decline of approximately 1.8% [29]. - Shareholders' equity decreased from CNY 83,377,548.49 to CNY 51,969,080.38, a drop of about 37.5% [29]. - Long-term liabilities remained stable at CNY 81,709,870.91, showing no significant change [29]. Cash Flow - Cash flow from operating activities for the first nine months was CNY -21,125,183.64, compared to CNY -104,574,111.07 in the same period last year [11]. - Cash flow from operating activities decreased by 76.55% to ¥63,934,075.17 from ¥272,611,977.51, due to a reduction in receivables [17]. - Cash flow from operating activities for the first nine months of 2014 was 112,591,447.48, down from 117,729,911.64 in the same period of 2013, a decrease of approximately 4.8% [38]. - Net cash flow from operating activities was -CNY 21,125,183.64, down from -CNY 104,574,111.07 [39]. - Total cash inflow from operating activities for the first nine months was CNY 313,876,829.30, compared to CNY 667,380,442.39 last year [41]. Shareholder Information - The total number of shareholders at the end of the reporting period was 49,611 [14]. - The largest shareholder, Tianjin Global Magnetic Card Group Co., Ltd., held 790,875,176 shares, accounting for 28.95% of the total shares [14]. Inventory and Receivables - Accounts receivable decreased by 38.72% to ¥44,825,427.71 from ¥73,147,147.06, attributed to timely collection of payments [16]. - Inventory increased by 72.66% to ¥64,090,330.10 from ¥37,120,038.66, indicating an increase in stock of machinery and magnetic cards [16]. - Accounts receivable decreased from CNY 64,168,355.16 to CNY 42,968,147.47, a reduction of approximately 33% [28]. - Inventory increased from CNY 33,299,467.45 to CNY 60,461,773.86, reflecting an increase of about 81.5% [28]. Government Subsidies and Investigations - The company reported a significant increase in government subsidies, amounting to CNY 618,000.00 for the first nine months [12]. - The company is under investigation by the China Securities Regulatory Commission for alleged information disclosure violations, resulting in fines totaling ¥600,000.00 [18].