HAGG(SH:601177)2015-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 230.13% to a loss of CNY 29,815,595.72 for the year-to-date period[7] - Operating revenue declined by 14.58% to CNY 1,150,963,229.26 for the year-to-date period[7] - The basic earnings per share dropped by 230.02% to a loss of CNY 0.0745[7] - Net profit attributable to shareholders for the first nine months of 2015 was CNY -39,813,181.92, a decline from CNY 14,310,582.39 in the same period of 2014[21] - Net profit for Q3 2015 was a loss of ¥38,265,532.16, compared to a profit of ¥946,825.16 in Q3 2014, representing a significant decline[23] - Total profit for the first nine months of 2015 was a loss of ¥26,047,079.36, compared to a profit of ¥16,034,106.09 in the same period last year[25] Assets and Liabilities - Total assets increased by 1.75% to CNY 3,989,487,589.02 compared to the end of the previous year[7] - The company's total assets as of September 30, 2015, amounted to 3,989,487,589.02 RMB, an increase from 3,920,796,292.22 RMB at the beginning of the year[14] - The total liabilities of the company as of September 30, 2015, were 2,180,928,001.62 RMB, compared to 2,080,473,085.85 RMB at the beginning of the year[15] - Total liabilities reached CNY 2,003,372,531.51, up from CNY 1,801,627,587.82 in the previous year[18] - The company's equity attributable to shareholders decreased to 1,701,641,462.55 RMB as of September 30, 2015, from 1,736,315,018.77 RMB at the beginning of the year[15] Cash Flow - Cash flow from operating activities showed a negative change of 158.42%, resulting in a net outflow of CNY 46,451,274.16[7] - The net cash flow from operating activities for the first nine months of 2015 was -46,451,274.16 RMB, a decrease of 158.42% compared to 79,509,208.60 RMB in the same period of 2014, primarily due to a decline in operating income and cash received from sales[11] - Cash inflow from operating activities totaled CNY 1,125,779,306.53, a decrease of 17.4% compared to CNY 1,362,610,037.35 in the previous year[28] - Net cash outflow from operating activities was CNY -46,451,274.16, contrasting with a net inflow of CNY 79,509,208.60 in the same period last year[29] - The ending cash and cash equivalents balance was CNY 136,235,146.32, down from CNY 166,738,008.87 in the previous year[30] Inventory and Receivables - Accounts receivable increased by 34.83% to CNY 540,404,723.76, attributed to extended credit terms and pending contract settlements[10] - The company's inventory as of September 30, 2015, was 945,487,752.79 RMB, up from 921,211,901.35 RMB at the beginning of the year[13] - The company reported a decrease in inventory to CNY 771,868,701.46 from CNY 714,786,609.49 in the previous year[18] Operating Costs and Expenses - Total operating costs for Q3 2015 were CNY 379,107,615.64, down 3.4% from CNY 393,640,527.29 in Q3 2014[21] - Operating profit for Q3 2015 was CNY -46,569,523.60, compared to a profit of CNY 12,906.74 in Q3 2014[21] - Operating costs for Q3 2015 were ¥242,917,675.85, a decrease of 5.2% from ¥256,444,817.14 in Q3 2014[24] - The company reported an asset impairment loss of ¥24,583,432.40 in Q3 2015, compared to a gain of ¥234,445.14 in Q3 2014[24] - The company's financial expenses increased to ¥15,255,789.67 in Q3 2015, up from ¥10,936,371.29 in Q3 2014[24] Shareholder Information - The number of shareholders reached 23,913 by the end of the reporting period[9]