DDMC(SH:600136)2014-10-30 16:00Financial Performance - Operating revenue decreased by 14.51% to CNY 47,346,693.49 for the first nine months compared to the same period last year[8] - Net profit attributable to shareholders increased by 57.86% to CNY 113,200.61 for the first nine months compared to the same period last year[8] - Basic and diluted earnings per share rose by 57.14% to CNY 0.0011[9] - Operating profit increased by 40.27% to ¥1,160,800.35, attributed to reduced operating expenses and asset impairment losses[15] - Net profit reached ¥72,466.99, a significant improvement from a loss of ¥88,157.38 in the previous year[15] - Total profit for the first nine months of 2014 was ¥1,097,906.88, up from ¥794,307.61 in the same period last year[35] - Net profit for Q3 2014 was ¥1,276,152.56, a significant recovery from a net loss of ¥2,159,784.33 in Q3 2013[35] - Basic earnings per share for Q3 2014 were ¥0.0111, compared to a loss per share of ¥0.0193 in Q3 2013[35] Cash Flow - Net cash flow from operating activities showed a significant decline of 142.43%, resulting in a negative cash flow of CNY -7,086,318.60[8] - Cash inflow from sales of goods and services reached ¥47,251,374.32, an increase from ¥40,024,043.62 in the same period last year, representing a growth of approximately 18.5%[41] - Total cash outflow from operating activities increased to ¥64,596,281.39, compared to ¥41,863,290.94 in the same period last year, indicating a rise of approximately 54.2%[41] - Cash flow from investment activities showed a net outflow of -¥6,687,671.68, contrasting with a positive cash flow of ¥45,334.00 in the previous year[42] - The company reported a net decrease in cash and cash equivalents of -¥14,015,990.28, compared to an increase of ¥16,474,910.36 in the same period last year[42] - Cash inflow from other operating activities was ¥10,258,588.47, a decrease from ¥18,540,227.03 in the same period last year, reflecting a decline of approximately 44.5%[41] - Total cash outflow for investment activities was ¥8,735,771.68, compared to ¥14,666.00 in the previous year, indicating a significant increase in investment spending[42] - The company paid ¥2,231,644.80 in taxes, down from ¥3,355,956.37 in the previous year, representing a decrease of approximately 33.4%[41] - The company’s cash flow from financing activities resulted in a net outflow of -¥242,000.00, compared to -¥271,403.35 in the previous year, showing a slight improvement[42] Assets and Liabilities - Total assets increased by 4.20% to CNY 201,629,549.10 compared to the end of the previous year[8] - The company reported a decrease in net assets attributable to shareholders by 0.04% to CNY 133,854,923.87 compared to the end of the previous year[8] - Total liabilities increased to CNY 58,102,269.00 from CNY 50,056,455.00, reflecting a growth of around 16.3%[26] - Current liabilities rose to CNY 56,741,372.01 from CNY 48,695,558.01, an increase of about 16.0%[26] - Owner's equity totaled CNY 143,527,280.10, slightly up from CNY 143,454,813.11, indicating a marginal increase[26] - Current assets decreased to CNY 54,946,232.09 from CNY 77,403,636.92, a decline of about 29.0%[25] - Non-current assets rose to CNY 146,683,317.01 from CNY 116,107,631.19, an increase of approximately 26.4%[25] Shareholder Information - The total number of shareholders reached 8,632 by the end of the reporting period[12] - The largest shareholder, Wuhan New Star Hanyi Chemical Co., Ltd., holds 19.39% of the shares, totaling 20,252,454 shares[12] Other Financial Metrics - The company experienced a decrease in non-operating income, with a total of CNY -57,880.91 for the first nine months[10] - The weighted average return on net assets decreased by 0.01 percentage points to 0.04%[9] - Financial expenses rose by 233.55% to ¥711,382.31 due to increased bank acceptance bill discounting interest[15] - The company reported a net loss in retained earnings, with undistributed profits at CNY -56,448,958.12 compared to CNY -53,072,472.84[30] - The company initiated a major asset restructuring to acquire 100% equity of Strong Vision Media, currently under review by the China Securities Regulatory Commission[15] - The new accounting standards impacted the classification of long-term equity investments and available-for-sale financial assets without affecting total assets or net assets[20]