SHBM(SH:900939)2015-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 332.13% to CNY 4,248,008.28 for the first nine months of the year[7] - Operating revenue for the first nine months rose by 8.57% to CNY 7,135,176.90 compared to the same period last year[7] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which rose by 435.38% to CNY 3,809,988.45[7] - Year-to-date revenue reached CNY 7,135,176.90, an increase of 8.6% from CNY 6,571,904.09 in the same period last year[24] - Net profit attributable to shareholders for Q3 2015 was CNY 2,376,714.73, compared to CNY 385,040.97 in Q3 2014[26] - Net profit for the third quarter reached CNY 1,365.65 million, a significant recovery from a loss of CNY 16.86 million in the same period last year[30] - The total comprehensive income for the third quarter was CNY 1,365.65 million, a recovery from CNY -16.86 million in the same quarter last year[31] Assets and Liabilities - Total assets increased by 3.15% to CNY 79,505,377.41 compared to the end of the previous year[7] - The total assets as of September 30, 2015, amounted to CNY 79,505,377.41, compared to CNY 77,076,045.98 at the beginning of the year[18] - The company's current assets totaled CNY 30,079,980.73, an increase from CNY 27,535,889.63 at the start of the year[16] - The total liabilities decreased to CNY 20,601,138.68 from CNY 22,412,213.38 at the beginning of the year[18] - Total liabilities were CNY 38,287,031.51, a decrease from CNY 38,667,924.09 in the previous quarter[22] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 1,300,276.49, compared to a negative cash flow of CNY -213,320.04 in the previous year[7] - The net cash flow from operating activities improved to CNY 1,300,276.49, a turnaround from a negative cash flow of CNY -213,320.04 in the same period last year[13] - Cash flow from operating activities generated a net inflow of CNY 1,300.28 million, compared to a net outflow of CNY 213.32 million in the previous year[33] - The net cash flow from operating activities for the period was -1,828,321.35 RMB, slightly improved from -1,835,257.85 RMB in the same period last year[36] Shareholder Information - The total number of shareholders reached 11,023 by the end of the reporting period[8] - The largest shareholder, Shanghai Huili Group Co., Ltd., holds 28.64% of the shares[8] Investment and Expenses - Investment income increased by 78.01% to CNY 2,601,336.79, primarily due to the net profit growth of the associated company Shanghai Huili Paint Co., Ltd.[13] - The company received government subsidies amounting to CNY 5,389.80 during the reporting period[8] - The company reported a decrease in sales expenses, contributing to improved profitability[30] - The company plans to expand its market presence and invest in new technologies to drive future growth[30] Inventory and Receivables - Inventory increased significantly by 12,504.51% to CNY 942,536.46, primarily due to the procurement of flooring products[12] - The company has outstanding receivables of CNY 735,000 yet to be collected from Jiangsu Dafeng Port Holding Group Co., Ltd.[13] - The company plans to fully provision for bad debts if the outstanding receivables are not collected by the end of 2015, which may adversely affect future performance[13] Operational Efficiency - The company aims to enhance operational efficiency and reduce costs in the upcoming quarters[30]