BGE(SH:603588)2015-10-22 16:00Financial Performance - Operating revenue for the first nine months reached CNY 553,778,392.00, a 39.20% increase year-on-year[6] - Net profit attributable to shareholders decreased by 1.65% to CNY 43,918,023.48 compared to the same period last year[6] - Basic and diluted earnings per share decreased by 26.09% to CNY 0.272[7] - The net profit after deducting non-recurring gains and losses fell by 31.78% to CNY 23,519,891.68[6] - The company reported a revenue of 55,377.84 million RMB for the period, representing a 39.20% increase compared to the same period last year[18] - Operating costs for the period were 38,289.96 million RMB, an increase of 42.41% year-on-year, primarily due to the increase in revenue[18] - The company reported a total profit of ¥29,158,521.70 for Q3 2015, slightly up from ¥28,901,255.82 in Q3 2014[36] - The company’s operating revenue for the first three quarters of 2015 reached CNY 371,507,714.86, a significant increase of 58.0% compared to CNY 235,015,232.43 in the same period last year[38] - The net profit for the third quarter was CNY 3,516,794.90, compared to a net loss of CNY 6,906,624.78 in the previous year, indicating a turnaround in performance[40] Cash Flow and Liquidity - Net cash flow from operating activities showed a significant decline of 66.59%, amounting to CNY -298,756,255.93[6] - Cash and cash equivalents at the end of the period were 29,478.00 million RMB, a decrease of 63.90% from the beginning of the year, mainly due to repayment of bank loans[13] - The company reported a net cash flow from operating activities of CNY -298,756,255.93 for the first three quarters, worsening from CNY -179,333,240.16 in the previous year[43] - The company incurred a total cash outflow from operating activities of 872,575,038.95 RMB, compared to 480,111,036.72 RMB last year, reflecting higher operational costs[44] - The company reported a cash flow net increase of -552,392,942.94 RMB for the period, compared to a positive increase of 30,010,105.37 RMB in the previous year, reflecting overall cash management challenges[45] Assets and Liabilities - Total assets increased by 3.33% to CNY 3,102,438,995.49 compared to the end of the previous year[6] - Current assets decreased to CNY 1,627,156,630.49 from CNY 1,680,370,704.34, a decline of about 3.2%[26] - Total liabilities rose to CNY 1,309,523,969.76 from CNY 1,243,936,521.45, indicating an increase of approximately 5.3%[28] - Cash and cash equivalents decreased to CNY 220,186,032.68 from CNY 788,253,159.81, a decline of about 72.0%[30] - Inventory at the end of the period was 102,585.56 million RMB, reflecting a 45.45% increase, attributed to uncompleted project settlements[13] - Other payables surged to 5,359.57 million RMB, a dramatic increase of 1248.32%, primarily due to the introduction of gold leasing financing[15] Shareholder Information - The number of shareholders reached 6,740, with the top ten shareholders holding a combined 61.56% of shares[10] - The largest shareholder, Li Weiguo, holds 22.52% of the shares, with 12 million shares pledged[10] Investment Activities - The company’s long-term equity investments reached 4,909.03 million RMB, a 163.44% increase, due to investments in two associate companies[13] - The company incurred total sales expenses of CNY 27,785,502.82 in the first three quarters, which is an increase of 12.0% compared to CNY 24,601,362.93 last year[38] - The company’s investment activities resulted in a net cash outflow of CNY -69,955,486.92, an improvement from CNY -103,041,386.41 in the previous year[43] Future Outlook - The company anticipates significant changes in net profit compared to the previous year, with no specific guidance provided for future performance[24] - The company has not disclosed any new product developments or market expansion strategies in this report[5]