凯瑞德(002072) - 2014 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 19.91% to -CNY 13,890,961.45 for the current period[7] - Operating revenue declined by 20.86% to CNY 198,451,518.71 compared to the same period last year[7] - The weighted average return on net assets was -8.90%, a decrease of 3.72% compared to the previous year[7] - Operating income decreased by RMB 57,500, a decline of 98.29%, mainly due to government subsidies received in the same period last year[17] - Operating expenses increased by RMB 543,900, an increase of 1223.32%, primarily due to increased tax penalties[17] - The company expects to turn a profit in 2014, with a projected net profit compared to a loss of RMB 60.43 million in 2013[20] - The expected profit increase is attributed to asset sales and leases, as well as growth in coal trading, mining, and internet lottery businesses[20] Assets and Liabilities - Total assets increased by 6.18% to CNY 1,127,327,160.15 compared to the end of the previous year[7] - Inventory increased by 31.72% to CNY 616,001,000 due to a decline in sales performance[14] - Accounts payable rose by 47.63% to CNY 41,330,500, indicating reduced payment for purchase funds[14] Cash Flow - Cash flow from operating activities increased by 58.72% to CNY 75,241,916.34 year-to-date[7] Financial Activities - Financial expenses increased by 34.83% to CNY 842,150 due to higher loan interest and advisory fees[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,143[10] Corporate Developments - The company established a wholly-owned subsidiary, Hami Demian Mining Co., Ltd., through its shareholder meeting approval[16] - The application for non-public issuance of A-shares was not approved by the China Securities Regulatory Commission[16] - The company set up Shenzhen Demian Boyuan Fund Management Co., Ltd. with a registered capital of RMB 100 million, with each party contributing RMB 50 million[16] - The company plans to sell part of its textile equipment and lease some equipment to Shandong Demian Group Co., Ltd.[16] Non-recurring Items - Non-recurring gains and losses amounted to -CNY 587,408.61, indicating no significant non-recurring items[8]