EBEM(SH:603002)2015-10-27 16:00Financial Performance - Operating revenue for the first nine months was CNY 714,117,419.18, a decline of 22.05% year-on-year[6] - Net profit attributable to shareholders decreased by 17.44% to CNY 40,535,076.68 for the first nine months[6] - Total revenue for Q3 2015 was CNY 228,183,684.34, a decrease of 31.5% compared to CNY 332,782,082.16 in Q3 2014[29] - The net profit attributable to shareholders for Q3 2015 was ¥11,711,073.21, representing a decline of 32.3% from ¥17,364,566.79 in Q3 2014[30] - The total profit for Q3 2015 was ¥11,650,897.77, a decrease of 43.0% compared to ¥20,495,767.98 in Q3 2014[30] - The company's net profit margin decline due to reduced revenues and increased cost pressures[29] Cash Flow - Net cash flow from operating activities was negative at CNY -55,724,662.94, a decrease of 119.94% compared to the same period last year[6] - Cash received from operating activities increased by 154.71% to ¥13,013,492.13 from ¥5,109,176.69, mainly from higher bank interest income[17] - Cash inflow from operating activities for the first nine months was ¥906,528,987.21, slightly down from ¥959,717,417.53 year-on-year[35] - Cash inflow from investment activities totaled ¥351,053,852.03, a decrease from ¥1,192,851,111.23 in the same period last year[36] - The net cash flow from investment activities was ¥338,339,319.40, contrasting with a net outflow of ¥83,389,983.37 in the previous year[36] - The company reported a decrease in cash received from sales of goods and services, totaling ¥893,206,577.06 compared to ¥953,211,014.37 last year[35] Assets and Liabilities - Total assets decreased by 10.83% to CNY 1,293,132,800.70 compared to the end of the previous year[6] - Current liabilities totaled CNY 335,803,067.51, down from CNY 511,236,918.12 at the beginning of the year, indicating a reduction of 34.3%[26] - Total assets as of September 30, 2015, amounted to CNY 1,263,173,428.76, a decrease from CNY 1,421,897,249.24 at the beginning of the year[26] Shareholder Information - The total number of shareholders reached 32,940 at the end of the reporting period[12] - The largest shareholder, Epoxy Base Investment Holding Ltd., holds 52.5% of the shares, totaling 210,000,000 shares[13] Expenses and Costs - Total operating costs for Q3 2015 were CNY 218,623,761.62, down from CNY 318,988,257.47 in Q3 2014, reflecting a reduction of 31.5%[29] - The cost of goods sold for Q3 2015 was ¥205,942,245.83, down 31.3% from ¥299,657,754.02 in the same period last year[30] - The company's sales expenses for Q3 2015 were ¥6,919,413.37, a decrease of 23.5% compared to ¥9,048,260.15 in Q3 2014[30] - The management expenses for Q3 2015 were ¥5,676,346.40, down 41.5% from ¥9,692,393.96 in Q3 2014[30] Investment and Capital Expenditures - Capital expenditures for fixed assets increased by 136.45% to ¥12,714,532.63 from ¥5,377,341.68, reflecting investments in the Zhuhai Hongchang factory[17] - Investment income dropped by 62.23% to ¥6,797,932.24 from ¥17,997,006.00, due to reduced purchases of bank wealth management products[17] - The company did not receive any cash from new borrowings during the quarter, compared to $149.11 million in the previous year[39] Government Support - The company received government subsidies amounting to CNY 1,020,275.00 during the reporting period[8] Future Outlook - Future outlook indicates a focus on cost management and potential market expansion strategies to recover from the revenue decline[29]