ELIANSH(SH:600836)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months increased by 31.98% year-on-year, reaching ¥1,212,412,521.49[7] - Net profit attributable to shareholders decreased by 74.15% year-on-year, totaling ¥1,032,121.16[7] - Basic earnings per share dropped by 83.33% to ¥0.002 from ¥0.012[7] - The weighted average return on net assets decreased by 0.59 percentage points to 0.12%[7] - Net profit dropped by 99.17% to ¥117,461.34, primarily due to reduced profits from subsidiaries compared to the previous year[15] - The total profit for the first nine months of 2016 was CNY 9,595,284.10, down 63.68% from CNY 26,395,937.39 in the same period last year[37] - The company reported a basic earnings per share of CNY 0.002 for the first nine months of 2016, down from CNY 0.012 in the same period last year[38] Cash Flow - The net cash flow from operating activities for the first nine months was ¥93,050,404.88, a significant recovery from a negative cash flow of ¥558,810,198.18 in the same period last year[7] - Cash inflow from operating activities for the first nine months of 2016 was 1,116,166,010.52 RMB, a decrease from 1,205,529,541.15 RMB in the same period last year[44] - Cash outflow from investing activities for the first nine months of 2016 was 49,382,774.63 RMB, significantly lower than 178,891,381.22 RMB in the same period last year[45] - Net cash flow from financing activities for the first nine months of 2016 was -160,022,814.05 RMB, compared to 721,947,254.31 RMB in the same period last year[45] Assets and Liabilities - Total assets decreased by 11.49% compared to the end of the previous year, amounting to ¥3,271,771,998.02[7] - Total current assets decreased from CNY 2,856,102,579.31 at the beginning of the year to CNY 2,108,945,275.03, a decline of approximately 26.0%[28] - Total non-current assets increased from CNY 840,360,156.38 to CNY 1,162,826,722.99, an increase of approximately 38.3%[29] - Total liabilities decreased from CNY 2,752,624,843.08 to CNY 2,334,320,974.79, a reduction of about 15.2%[30] - Current liabilities decreased from CNY 2,640,270,050.09 to CNY 2,175,373,476.49, a decline of approximately 17.6%[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 77,781[10] - The largest shareholder, Shanghai Jielong Group Co., Ltd., held 26.98% of the shares, amounting to 178,811,752 shares[10] - Shanghai Jielong Group increased its shareholding by 133.64 million shares, representing a 3% increase of the total issued shares, with an investment of no less than RMB 30 million[23] - The company’s first major shareholder also planned to increase its stake by 102 million shares, with a minimum investment of RMB 20 million[24] Investment and Financing Activities - The company plans to raise a total of RMB 80,300 million through a non-public offering of A-shares, with a maximum issuance of 12 million shares[20] - The first major shareholder, Shanghai Jielong Group, committed to subscribe for at least 26.21% of the total shares issued in the non-public offering[21] - The company has completed the repayment of 100% of the bank loans related to the fundraising projects, totaling RMB 44,323.99 million[19] - The company has used RMB 5,404.54 million of the raised funds to replace self-raised funds for the "Yangzhou Yulong Bay Commercial Phase II Project"[19] - The company has received approval from the China Securities Regulatory Commission for its non-public offering of shares[22] Inventory and Receivables - Accounts receivable increased by 194.59% to ¥4,418,861.24, primarily due to the increase in unsettled bills from subsidiaries[11] - Other receivables rose by 54.44% to ¥21,561,300.69, mainly due to increased guarantee deposits[12] - Inventory decreased by 30.52% to ¥1,531,395,586.18, attributed to cost recognition from real estate projects and some inventory being transferred to investment properties[13] - Investment properties surged by 228.26% to ¥464,797,646.46, as subsidiaries converted part of their buildings for rental purposes[13] Comprehensive Income - Total comprehensive income for Q3 2016 was a loss of CNY 4,501,877.15, compared to a profit of CNY 3,369,988.82 in Q3 2015[38] - The total comprehensive income for Q3 2016 was -3,228,567.37 RMB, compared to 19,049,326.97 RMB in the same period last year[42]