SDICZL(SH:600962)2017-10-26 16:00Financial Performance - Net profit attributable to shareholders dropped by 92.52% to CNY 263,240.58 for the first nine months of the year[6] - Operating revenue for the first nine months decreased by 3.36% to CNY 634,716,667.46 compared to the same period last year[6] - Basic and diluted earnings per share decreased by 92.31% to CNY 0.001[7] - The net profit attributable to the parent company decreased by 93% to ¥263,240.58 due to a decline in sales volume and prices[13] - The company reported a net loss of CNY 10,141,517.99, slightly improved from a loss of CNY 10,404,758.57 at the beginning of the year[21] - The net loss for Q3 2017 was approximately ¥4.36 million, compared to a net loss of ¥8.85 million in Q3 2016, indicating an improvement of 50.7%[28] - The total profit for Q3 2017 was approximately -¥4.16 million, an improvement from -¥7.85 million in Q3 2016[28] - Operating profit for the first nine months of 2017 was approximately -¥4.16 million, significantly improved from -¥30.61 million in the same period of 2016[30] Cash Flow - Net cash flow from operating activities fell by 16.63% to CNY 302,974,227.56 year-on-year[6] - Cash flow from operating activities for the first nine months of 2017 was 302,974,227.56 RMB, down from 363,392,529.05 RMB year-on-year[33] - Total cash inflow from operating activities was 808,538,982.26 RMB, compared to 851,745,302.37 RMB in the previous year[33] - Cash outflow from operating activities totaled 505,564,754.70 RMB, an increase from 488,352,773.32 RMB year-on-year[33] - The net cash flow from investing activities was -36,439,863.09 RMB, worsening from -18,247,286.76 RMB in the same period last year[34] - Cash inflow from financing activities was 239,759,178.70 RMB, significantly lower than 516,405,446.97 RMB in the previous year[34] - Cash outflow from financing activities reached 478,799,333.00 RMB, down from 874,751,814.04 RMB year-on-year[34] - The ending cash and cash equivalents balance was 178,241,084.14 RMB, compared to 154,453,575.83 RMB at the end of the previous year[34] Assets and Liabilities - Total assets decreased by 12.24% to CNY 1,546,911,883.86 compared to the end of the previous year[6] - Total current assets decreased by 19.5% to ¥855,642,169.53 compared to the beginning of the year[19] - Total liabilities decreased from CNY 773,531,674.88 to CNY 561,287,029.34, a decline of about 27%[21] - Current liabilities decreased from CNY 759,345,943.91 to CNY 546,602,549.44, a reduction of approximately 28%[20] - Non-current liabilities totaled CNY 14,684,479.90, slightly increased from CNY 14,185,730.97[21] - Owner's equity decreased from CNY 989,076,380.39 to CNY 985,624,854.52, a marginal decline of approximately 0.15%[21] - Cash and cash equivalents decreased from CNY 140,917,771.51 to CNY 79,967,687.21, a drop of about 43%[23] Shareholder Information - The number of shareholders reached 16,800 at the end of the reporting period[9] - The largest shareholder, China National Investment Corporation, holds 44.57% of the shares[9] Operational Changes - The company plans to transfer 75% of its stake in its subsidiary, Han Cheng Zhong Lu Juice Co., Ltd., to adjust its operational layout and reduce costs[15] - The company has not disclosed any new product developments or market expansion strategies in this report[11] Financial Reporting - The report has not been audited, indicating potential limitations in the financial data presented[5] - The company reported a significant increase in non-operating income, totaling CNY 1,039,208.34 for the year-to-date[8] Inventory and Receivables - Accounts receivable decreased by 56% to ¥13,808,731.35 due to the maturity of notes[12] - Inventory decreased by 33% to ¥365,803,810.47 as a result of product sales[12] - Accounts receivable decreased from CNY 224,526,680.46 to CNY 169,556,202.42, a reduction of approximately 25%[23] - Inventory decreased significantly from CNY 19,394,355.72 to CNY 3,017,006.00, a decline of about 84%[24]