恺英网络(002517) - 2014 Q3 - 季度财报

Financial Performance - Revenue for the reporting period was CNY 85,761,518.54, a decrease of 6.79% year-on-year, while revenue from the beginning of the year to the reporting period increased by 3.66% to CNY 246,281,035.26[7] - Net profit attributable to shareholders of the listed company was a loss of CNY 13,881,322.17, representing a decline of 160.82% year-on-year, with a cumulative loss of CNY 29,067,773.62 for the year-to-date, down 705.86%[7] - The basic and diluted earnings per share were both CNY -0.08, reflecting a decrease of 166.67% compared to the same period last year[7] - The weighted average return on net assets was -2.19%, a decrease of 1.37% year-on-year[7] - Cash flow from operating activities showed a net outflow of CNY 23,375,030.29, a decline of 109.46% compared to the previous year[7] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,173[11] - The top ten shareholders held a total of 34,000,000 shares, accounting for 19.23% of the total shares[11] Cash Flow and Investments - Cash paid for purchasing goods and services increased by 56.43% year-on-year, mainly due to increased raw material purchases by subsidiaries[15] - Cash paid for fixed assets, intangible assets, and other long-term assets decreased by 70.15% year-on-year, attributed to the initial investment phase of subsidiaries[15] - Cash and cash equivalents decreased by 64.43% compared to the beginning of the year, primarily due to increased investments in infrastructure, machinery, and inventory[16] - Short-term borrowings increased by 48.43% compared to the beginning of the year, mainly due to increased bank financing[16] - Financial expenses increased by 1261.71% year-on-year, primarily due to increased interest expenses from bank financing[16] - The company received cash from borrowings that increased by 66.74% year-on-year, attributed to increased bank financing[17] Asset Management - Total assets at the end of the reporting period decreased by 1.04% to CNY 836,271,796.36 compared to the end of the previous year[7] - The company reported a 100% increase in investment properties compared to the beginning of the year, due to leasing idle production facilities[16] - Other receivables decreased by 45.60% compared to the beginning of the year, mainly due to a reduction in deposits from a subsidiary[16] - Deferred tax assets increased by 56.14% compared to the beginning of the year, primarily due to fixed asset impairment provisions[16] Strategic Decisions - The company expects to incur a loss for the fiscal year 2014[22] - The company terminated its major asset restructuring plan as of September 10, 2014[19] - The company reported a 6505.33% increase in non-operating expenses year-on-year, mainly due to increased charitable donations and asset disposal losses[16]