SED(SZ:000032)2016-10-25 16:00Financial Performance - Total assets at the end of the reporting period were CNY 1,971,982,285.77, a decrease of 7.23% compared to the previous year[9]. - Net profit attributable to shareholders was CNY 18,747,562.84, down 3.48% year-on-year[9]. - Operating revenue for the period was CNY 517,343,086.98, an increase of 12.42% compared to the same period last year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 18,725,286.86, a significant increase of 12,377.24%[9]. - The basic earnings per share were CNY 0.0444, reflecting a decrease of 3.48% year-on-year[9]. - The weighted average return on net assets was 1.31%, a decrease of 0.08% compared to the previous year[9]. - The company’s total equity attributable to shareholders was CNY 1,429,494,906.36, an increase of 3.61% from the previous year[9]. - The net cash flow from operating activities was CNY -48,338,530.31, a decrease of 217.76%[9]. Shareholder Information - The total number of shareholders at the end of the reporting period was 21,146[14]. - The largest shareholder, China Electronics International Information Service Co., Ltd., holds 49.18% of the shares[14]. Receivables and Payables - Accounts receivable increased by 38.02% compared to the beginning of the year, mainly due to an increase in accounts receivable from logistics companies[18]. - Other receivables increased by 42.92% compared to the beginning of the year, primarily due to an increase in export tax refunds and guarantee payments[18]. - Other payables decreased by 65.61% compared to the beginning of the year, mainly due to repayments by the subsidiary Shencai Logistics[18]. Borrowings and Financial Expenses - Short-term borrowings decreased by 52.48% compared to the beginning of the year, mainly due to repayments by the subsidiary Jieda[18]. - Financial expenses increased by 2046.88% compared to the same period last year, mainly due to reduced interest expenses from external borrowings[18]. - Cash flow from operating activities decreased by 89.39 million yuan compared to the same period last year, primarily due to large payments made by the subsidiary Jieda[18]. Corporate Governance and Commitments - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[18]. - The company continues to strengthen risk control awareness and closely monitor the operational and risk status of China Electronics Finance Co., Ltd.[21]. - The company has committed to avoid competition with its parent company, China Electronics, and has been fulfilling this commitment since November 13, 2014[23]. - The company has a long-term commitment to reduce and standardize related party transactions, which has been continuously fulfilled since November 13, 2014[23]. - The company has a three-year shareholder return plan (2015-2017) that outlines the method, conditions, and ratio for dividends[24]. - The company has a commitment to prevent the occupation of listed company funds by its actual controller, China Electronics[23]. - The company has a commitment to increase capital when its financial subsidiary faces payment difficulties, which has been approved by the China Banking Regulatory Commission[23]. Investment Activities - The company has not engaged in any securities investments during the reporting period[25]. - The company has not engaged in any derivative investments during the reporting period[26]. Compliance and Communication - There were no violations regarding external guarantees during the reporting period[29]. - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[30]. - The company has been actively communicating with investors, discussing operational conditions and performance forecasts[28].