LJRB(SH:600853)2015-10-27 16:00Financial Performance - Operating revenue for the first nine months rose by 9.32% to CNY 3,986,619,966.91 year-on-year[7] - Net profit attributable to shareholders decreased by 10.88% to CNY 12,035,009.15 compared to the same period last year[7] - Net profit after deducting non-recurring gains and losses increased by 72.85% to CNY 10,668,720.32 year-on-year[7] - Basic and diluted earnings per share decreased by 11.11% to CNY 0.0224[8] - The company reported a net profit of CNY 156,784,954.94, up from CNY 150,118,022.37, indicating an increase of approximately 4.5%[27] - The company reported a total of ¥12,396,153.43 in net profit for the first nine months of 2015, down from ¥15,937,997.23 in the same period last year, a decline of 22.5%[32] - The company's operating profit for the first nine months of 2015 was ¥11,460,565.61, compared to ¥7,898,239.36 in the same period of 2014, marking a 45.5% increase[37] - The total profit for the first nine months of 2015 was ¥13,460,565.61, up from ¥10,718,360.56 in the previous year, representing a 25.0% increase[37] Assets and Liabilities - Total assets increased by 14.44% to CNY 7,830,265,427.12 compared to the end of the previous year[7] - The company's current assets totaled CNY 6,602,836,226.78, up from CNY 5,509,033,700.10, indicating an increase of about 19.8%[25] - Total liabilities reached CNY 7,019,317,434.72, compared to CNY 6,042,457,942.47 at the start of the year, which is an increase of about 16.2%[26] - The company's short-term borrowings were CNY 818,000,000.00, slightly up from CNY 791,000,000.00, reflecting a growth of approximately 3.4%[26] - The company's long-term payables increased by 47.56% compared to the end of last year, attributed to a financing lease contract signed with Changjiang United Financial Leasing Co., Ltd.[17] - The company's long-term borrowings decreased to ¥357,456,845.82 from ¥384,449,313.87, a reduction of 7.5%[30] Cash Flow - The net cash flow from operating activities improved significantly, showing a net inflow of CNY -81,787,600.80 compared to CNY -613,184,917.24 in the previous year[7] - The net cash flow from operating activities increased by 86.66% year-on-year, mainly due to a significant increase in cash inflows from bid deposits and financial loans from major shareholders[19] - Operating cash inflow for the period reached CNY 3,978,388,874.53, an increase of 12.92% compared to CNY 3,523,841,130.90 in the previous year[39] - Cash inflow from investment activities totaled CNY 422,400.00, significantly lower than CNY 378,380,204.49 in the same period last year[40] - Net cash flow from investment activities was negative CNY 1,477,285.88, a decline from positive CNY 365,902,772.49 in the previous year[40] - Cash inflow from financing activities was CNY 755,284,773.32, down from CNY 976,695,000.00 year-over-year[40] - Net cash flow from financing activities was negative CNY 46,498,464.79, compared to negative CNY 9,344,346.58 in the previous year[40] Shareholder Information - The total number of shareholders reached 72,731 by the end of the reporting period[12] - The largest shareholder, Heilongjiang Construction Group Co., Ltd., holds 33.34% of the shares, with 89,489,881 shares pledged[12] Government Support and Strategic Initiatives - The company received government subsidies amounting to CNY 2,000,000.00 related to its normal business operations[9] - The company is actively preparing to submit application documents to the China Securities Regulatory Commission for a non-public stock issuance, which has progressed smoothly[21] - Longjian Road and Bridge Co., Ltd. plans to strengthen its core business in highway and bridge construction as part of its strategic development[22] Operating Expenses and Income Tax - Operating expenses decreased by 39.47% compared to the same period last year, mainly due to reduced travel, office, and agency fees as new project bidding was concentrated within the province[18] - The company's income tax expense increased by 1,087.10% year-on-year, primarily due to changes in subsidiary profits and deferred tax changes[18] Comprehensive Income - Other comprehensive income increased by 291.21% year-on-year, mainly due to exchange rate fluctuations affecting foreign project financial statements[19] - The total comprehensive income attributable to the parent company for Q3 2015 was ¥10,854,033.08, an increase from ¥8,518,160.64 in Q3 2014[34] - The company reported a total comprehensive income of ¥11,164,628.11 for Q3 2015, compared to ¥9,713,860.07 in Q3 2014, indicating a 15.0% increase[37] Revenue and Profit Margins - Total revenue for Q3 2015 reached ¥1,875,150,647.12, an increase of 17.4% compared to ¥1,597,178,048.07 in Q3 2014[30] - The gross profit margin for the period was approximately 0.6%, down from the previous year's margin, indicating increased costs[31] - The company's total operating revenue for Q3 2015 was ¥507,972,342.93, a 86.7% increase compared to ¥272,491,602.98 in Q3 2014[36]