SCMF(SZ:000731)2014-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 1,246,337,683.25, a decline of 10.13% compared to the same period last year[8] - Net profit attributable to shareholders of the listed company was a loss of CNY 91,702,722.31, representing a decrease of 193.92% year-on-year[8] - Basic earnings per share were CNY -0.1550, down 191.02% compared to the same period last year[8] - The weighted average return on net assets was -3.07%, a decrease of 178.12% year-on-year[8] - Operating profit decreased by CNY 380 million, a decrease of 215.08%, primarily due to a decline in sales prices of main products and a year-on-year decrease in operating revenue[16] - Investment income decreased by CNY 1.32 billion, a decrease of 100.14%, mainly due to the previous year's transfer of equity in Gansu Liuhua[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,595,582,922.60, a decrease of 4.72% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company were CNY 2,687,440,442.15, down 8.54% year-on-year[8] - Cash and cash equivalents decreased by CNY 491 million, a decrease of 44.89%, mainly due to reduced sales revenue and increased investment in engineering projects[16] - Accounts receivable increased by CNY 40.61 million, an increase of 52.74%, primarily due to temporary adjustments in sales policies for certain products[16] - Prepayments increased by CNY 376 million, an increase of 158.70%, mainly due to increased prepayments for the LNG project and trade business[16] - Inventory decreased by CNY 114 million, a decrease of 33.06%, as the company actively marketed to reduce inventory[16] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -146,126,950.86, a decline of 309.03%[8] - Net cash flow from operating activities decreased by CNY 216 million, a decrease of 309.03%, mainly due to market weakness and significant declines in product sales prices[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,329[12] - The largest shareholder, Chengdu Huachuan Petroleum and Natural Gas Exploration and Development Co., Ltd., held 12.18% of the shares[12] - The company reported no significant changes in shareholder relationships or agreements for repurchase transactions during the reporting period[13] Expenses and Impairments - Financial expenses decreased by CNY 31.67 million, a decrease of 61.32%, mainly due to increased capitalization of interest for the Mianyang Industrial Park project[16] - Asset impairment losses increased by CNY 82.08 million, an increase of 236.67%, mainly due to the shutdown of low-efficiency production lines[16] - Sales expenses increased by CNY 32.85 million, an increase of 95.69%, primarily due to changes in marketing models leading to increased freight costs[16]