Yueda Inv.(SH:600805)2015-10-22 16:00Financial Performance - Net profit attributable to shareholders decreased by 80.52% to CNY 146,240,727.64 for the first nine months compared to the same period last year[6]. - Operating revenue for the first nine months fell by 16.68% to CNY 1,358,091,194.66 compared to the previous year[6]. - Basic and diluted earnings per share dropped by 80.52% to CNY 0.17[7]. - The weighted average return on equity decreased by 11.21 percentage points to 2.31%[7]. - Year-to-date net profit from January to September 2015 was ¥147,101,734.65, down 81% from ¥772,176,949.51 in the same period of 2014[31]. - Year-to-date total profit from January to September 2015 was ¥170,143,581.96, a decrease of 78.8% from ¥800,765,579.87 in the same period of 2014[31]. - Net profit for Q3 2015 was a loss of ¥128,386,156.59, compared to a profit of ¥262,737,938.82 in Q3 2014[31]. - The total profit for Q3 2015 was a loss of ¥116,198,313.93, compared to a profit of ¥273,784,348.51 in Q3 2014[31]. - Earnings per share for Q3 2015 was -¥0.16, down from ¥0.30 in Q3 2014[32]. Cash Flow - Net cash flow from operating activities decreased by 67.31% to CNY 164,551,864.97 for the first nine months compared to the same period last year[6]. - Cash flow from operating activities for the first nine months of 2015 was 164,551,864.97 CNY, a decrease of 67.3% compared to 503,436,119.99 CNY in the previous year[38]. - Cash inflow from operating activities amounted to ¥43,924,733.10, a significant increase from ¥17,065,644.44 in the same period last year, reflecting a growth of approximately 157.5%[41]. - The net cash flow from operating activities was -¥21,162,786.35, an improvement compared to -¥56,987,643.82 in the previous year, indicating a reduction in losses[41]. - Cash inflow from investment activities totaled ¥689,733,234.18, down from ¥1,040,973,972.60 year-over-year, representing a decline of about 33.6%[41]. - Cash flow from financing activities showed a net outflow of -199,028,703.92 CNY, compared to -320,392,686.28 CNY in the previous year, indicating an improvement in financing cash flow[39]. Assets and Liabilities - Total assets increased by 1.01% to CNY 10,744,138,729.46 compared to the end of the previous year[6]. - Total current assets increased to CNY 2,616,423,422.35 from CNY 2,246,329,855.15, representing a growth of approximately 16.4%[22]. - Total non-current assets decreased to CNY 8,127,715,307.11 from CNY 8,390,732,601.73, a decline of approximately 3.1%[23]. - Total liabilities increased to CNY 3,820,073,961.86 from CNY 3,744,319,933.81, reflecting a rise of about 2.0%[24]. - Total current liabilities rose to CNY 3,524,428,432.73 from CNY 3,068,460,174.68, reflecting an increase of about 14.9%[23]. - Long-term borrowings decreased to CNY 281,000,000.00 from CNY 655,000,000.00, a decline of approximately 57.1%[24]. Shareholder Information - The total number of shareholders reached 55,363 at the end of the reporting period[9]. - Jiangsu Yueda Group Co., Ltd. held 23.06% of the shares, making it the largest shareholder[9]. - The controlling shareholder, Yueda Group, committed to not reducing its shareholding for six months and has been actively increasing its stake in the company[17]. Government Support and Investment - The company received government subsidies amounting to CNY 22,094,311.34 during the reporting period[8]. - The company reported an investment loss of ¥79,292,736.14 in Q3 2015, compared to a gain of ¥323,067,465.67 in Q3 2014[30]. - The company received 50,000,000.00 CNY from investment recoveries during the first nine months of 2015, compared to none in the previous year[38]. Future Outlook - The company expects a significant decline in net profit for the full year 2015, influenced by the performance of Dongfeng Yueda Kia in the fourth quarter[18].