SDICZL(SH:600962)2015-10-26 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥3,095,766.66, a significant recovery from a loss of ¥47,639,514.94 in the same period last year[9]. - Operating revenue for the first nine months increased by 1.10% year-on-year, reaching ¥686,983,975.06[9]. - The weighted average return on net assets improved to 0.39% from -5.47% in the same period last year[9]. - Basic and diluted earnings per share were both ¥0.012, recovering from a loss of ¥0.182 per share in the previous year[9]. - Total revenue for Q3 2015 was CNY 261,801,024.13, an increase of 10.5% compared to CNY 236,199,760.16 in the same period last year[31]. - The net profit for Q3 2015 was ¥8,620,287.20, compared to a net loss of ¥30,144,219.59 in Q3 2014, indicating a significant turnaround[33]. - The company reported a total comprehensive income of ¥8,963,448.87 for Q3 2015, compared to a total comprehensive loss of ¥30,136,214.66 in Q3 2014[34]. - The company incurred an operating loss of ¥59,433,264.10 for the first nine months of 2015, compared to a loss of ¥41,141,060.19 in the same period of 2014[35]. Assets and Liabilities - Total assets decreased by 21.58% compared to the end of the previous year, amounting to ¥1,755,091,227.28[9]. - Total assets decreased to CNY 1,400,289,929.81 from CNY 1,861,203,739.64 at the beginning of the year, representing a decline of approximately 24.7%[30]. - Current liabilities totaled CNY 845,316,037.49, down from CNY 1,246,841,079.69, indicating a reduction of about 32.2%[30]. - Owner's equity decreased to CNY 554,273,892.32 from CNY 613,662,659.95, reflecting a decline of approximately 9.6%[30]. - The total liabilities of the company were CNY 846,016,037.49, down from CNY 1,247,541,079.69, indicating a decrease of approximately 32.2%[30]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥364,509,931.49, a slight decrease of 1.56% compared to the previous year[9]. - Cash inflow from operating activities for the first nine months of 2015 was 715,698,821.87 RMB, down 11.6% from 809,782,320.07 RMB in the same period last year[39]. - Cash outflow from operating activities totaled 351,188,890.38 RMB, a decrease from 439,499,258.38 RMB year-over-year, resulting in a net cash flow from operating activities of 364,509,931.49 RMB, slightly down from 370,283,061.69 RMB[39]. - Cash inflow from financing activities was 856,000,000.00 RMB, compared to 879,611,522.08 RMB in the previous year, showing a decrease of about 2.7%[40]. - Cash outflow from financing activities increased to 1,352,156,893.69 RMB from 916,565,204.19 RMB, leading to a net cash flow from financing activities of -496,156,893.69 RMB, compared to -36,953,682.11 RMB last year[40]. - The ending cash and cash equivalents balance as of September 30, 2015, was 136,096,498.33 RMB, a significant decrease from 427,734,795.23 RMB at the end of the previous year[40]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,105[12]. - The largest shareholder, State Development Investment Corporation, held 44.56% of the shares[12]. - The controlling shareholder increased its stake by acquiring 499,926 shares, raising its ownership from 44.37% to 44.56%[20]. Government Support and Subsidies - The company received government subsidies amounting to ¥452,312.83 during the reporting period[9]. Inventory and Prepayments - Prepayments increased significantly by 1689% to ¥49,339,644.53 from ¥2,758,103.62, attributed to increased costs during the suspension of operations[15]. - Inventory decreased by 39% to ¥596,210,186.70 from ¥971,115,910.91, primarily due to actual product sales[15]. Financial Expenses and Income - Financial expenses decreased by 37% to ¥23,283,795.92 from ¥37,009,770.58, mainly due to a reduction in short-term loans and depreciation of the RMB[16]. - Non-operating income and expenses totaled ¥991,039.07, down from ¥2,916,914.12 in the previous year[10]. - Investment income for Q3 2015 was ¥3,660,000.00, a significant increase from ¥460,000.00 in Q3 2014[35]. Depreciation and Impairment - Asset impairment losses decreased by 89% to ¥1,297,512.10 from ¥11,804,889.71, due to a reduction in bad debt losses and fixed asset impairment losses[17]. - The company adjusted the estimated useful life and residual value of fixed assets, resulting in a reduction of depreciation expense by ¥19,540,200.00 for the first nine months of 2015[19].