YBTI(SH:600883)2014-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 86.47% to CNY -4,730,935.47 for the year-to-date period[7] - Operating revenue for the year-to-date period decreased by 61.11% to CNY 10,668,070.42 compared to the same period last year[7] - Basic and diluted earnings per share both decreased by 86.92% to CNY -0.0200[7] - Revenue for the first nine months of 2014 was ¥10,668,070.42, a decrease of 61.11% from ¥27,429,994.85 in the same period of 2013, attributed to reduced cement sales volume and lower sales prices[11] - Net profit for the first nine months of 2014 was -¥4,730,935.47, a decline of 86.47% compared to -¥2,537,146.00 in the same period of 2013, primarily due to decreased sales profit and investment income[12] - The total comprehensive income for the first nine months of 2014 was -¥8,108,185.34, a decrease of 216.90% compared to -¥2,558,587.87 in the same period of 2013[12] - The net profit for Q3 2014 was CNY 7,733,301.62, compared to a net loss of CNY 5,756,949.96 in Q3 2013, indicating a significant turnaround[35] - The total profit for Q3 2014 was CNY 6,881,140.31, compared to a loss of CNY 5,657,352.68 in Q3 2013, reflecting a positive shift in profitability[35] - The total comprehensive income for Q3 2014 was CNY 4,354,711.63, compared to a loss of CNY 5,749,244.29 in Q3 2013, showing a recovery in overall financial performance[35] Assets and Liabilities - Total assets decreased by 1.69% to CNY 725,014,059.87 compared to the end of the previous year[7] - As of September 30, 2014, the total assets of the company amounted to ¥725,014,059.87, a decrease from ¥737,466,371.88 at the beginning of the year[23] - The company's current assets totaled ¥161,267,540.12, up from ¥145,746,306.83 at the start of the year, indicating a growth of approximately 10.4%[23] - The company's non-current assets decreased from ¥591,720,065.05 to ¥563,746,519.75, reflecting a decline of about 4.7%[24] - The total liabilities of the company as of September 30, 2014, were not explicitly stated but can be inferred from the current liabilities of ¥14,477,206.91, which increased from ¥13,178,061.15[24] - Total liabilities as of September 30, 2014, were CNY 84,120,232.23, slightly up from CNY 83,719,544.54 at the beginning of the year[29] - The company's total equity decreased to CNY 671,494,379.46 from CNY 684,304,565.13 at the beginning of the year, reflecting a decline of 1.4%[29] Cash Flow - Net cash flow from operating activities increased by 116.27% to CNY 1,195,164.56 for the year-to-date period[7] - The company's cash flow from operating activities showed a net increase of 116.27%, reaching ¥1,195,164.56, due to increased collection of previous year's receivables[12] - The total cash inflow from operating activities for the first nine months of 2014 was CNY 26,025,830.02, down from CNY 34,010,143.29 in the same period last year, indicating a need for further improvement in cash generation[37] - Cash flow from operating activities for the first nine months of 2014 was CNY 1,290,118.31, a significant improvement compared to a net outflow of CNY 7,257,210.06 in the same period last year[41] - Cash and cash equivalents at the end of the period totaled CNY 74,985,377.62, compared to CNY 70,141,019.18 at the end of the same period last year, showing a 7.5% increase[43] - Cash flow from financing activities resulted in a net outflow of CNY 2,851,227.90, an improvement from a net outflow of CNY 5,131,612.90 in the previous year[43] Inventory and Receivables - Accounts receivable decreased by 35.83% to ¥16,810,245.54 compared to the end of 2013, due to increased collection of previous year's payments[11] - The company reported a 40.98% increase in inventory to ¥11,156,561.09, attributed to increased stock of purchased raw materials[11] - Inventory increased from ¥7,913,387.92 to ¥11,156,561.09, marking an increase of approximately 40.3%[23] Shareholder Information - The total number of shareholders reached 15,979 at the end of the reporting period[9] - The largest shareholder, Shenzhen Derong Investment Development Co., Ltd., holds 17.15% of the shares[9] Investment Activities - Non-operating income from the disposal of long-term equity investments amounted to CNY 6,958,438.77[10] - The company reported a total of CNY 6,248,013.24 in non-recurring gains and losses for the year-to-date period[10] - Investment cash outflow increased by 99.75% to ¥162,800,000.00, reflecting higher cash payments for purchasing wealth management products[12] - The company recognized a significant decrease of 94.60% in investment income, amounting to ¥234,972.03, due to reduced net profits from joint ventures[11] - The company reported a significant investment income of CNY 8,836,421.12 in Q3 2014, compared to a loss of CNY 3,676,563.06 in the same period last year[31] - The investment income for Q3 2014 was CNY 8,815,238.93, compared to a loss of CNY 3,676,563.06 in Q3 2013, highlighting a strong performance in investments[35]