THGW(SH:600365)2015-10-29 16:00Financial Performance - Operating revenue surged by 379.42% to CNY 283,554,958.95 for the first nine months compared to the same period last year[9] - Net profit attributable to shareholders increased by 520.99% to CNY 1,864,583.04 for the first nine months compared to the same period last year[9] - Basic and diluted earnings per share rose by 400% to CNY 0.01 per share[9] - The company reported a net loss of CNY 268,722,045.40, which is a marginal improvement from a loss of CNY 270,586,628.44 at the beginning of the year[35] - The company reported a total comprehensive income of ¥2,332,189.67, reversing the previous year's loss[44] - The company’s total profit for the first nine months of 2015 was ¥18,610,217.51, compared to ¥372,559.10 in the same period last year[43] Cash Flow - Net cash flow from operating activities improved by 166.94% to CNY 78,097,314.04 compared to the same period last year[9] - Cash flow from operating activities generated ¥78,097,314.04, a significant improvement from a negative cash flow of ¥116,659,938.20 in the previous year[47] - Operating cash inflow for the first nine months of 2015 reached ¥174,236,797.94, a significant increase from ¥52,802,460.40 in the same period last year, representing a growth of approximately 230%[50] - Net cash flow from operating activities was ¥20,089,679.65, a turnaround from a net outflow of ¥103,828,698.49 in the previous year[50] - The net increase in cash and cash equivalents for the period was -¥151,899,543.43, contrasting with an increase of ¥3,582,155.99 in the same period last year[51] Assets and Liabilities - Total assets increased by 34.31% to CNY 1,025,531,218.29 compared to the end of the previous year[9] - The company's total liabilities reached CNY 261,115,799.11, a substantial increase from CNY 77,011,730.06, reflecting a growth of approximately 239.5%[35] - The total assets as of the end of the reporting period amounted to ¥855,436,893.72, up from ¥823,007,709.82 at the end of the previous period[39] - The total liabilities were ¥108,851,273.13, an increase from ¥68,668,476.12 in the previous period, reflecting a growth of approximately 58.6%[39] Shareholder Information - Total number of shareholders reached 12,855 by the end of the reporting period[12] - The largest shareholder, Jilin Province Jixiang Jiade Investment Co., Ltd., holds 10,095,443 shares, accounting for 5.05% of total shares[12] Inventory and Receivables - Significant increase in inventory by 53.10% to CNY 193,055,207.79 compared to the end of the previous year[14] - The company acquired Beijing Jiurunyu Electronic Commerce Co., Ltd., leading to a 45.53% increase in accounts receivable[16] - Accounts receivable rose to CNY 83,109,584.86, compared to CNY 57,106,289.96 at the beginning of the year, marking an increase of around 45.7%[33] - Prepaid accounts increased by 316.78% due to payments for engineering renovations and equipment purchases[16] Operating Costs - Operating costs rose by 506.15% year-on-year, totaling 210,645,039.59[24] - Total operating costs for Q3 2015 were ¥99,962,757.81, compared to ¥32,472,204.37 in Q3 2014, indicating an increase of about 208%[42] Strategic Decisions - The company decided to terminate the major asset restructuring due to unresolved differences in key transaction terms[30] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[44] Financial Ratios - The weighted average return on net assets increased by 0.23 percentage points to 0.27%[9] - The company achieved a gross profit margin of approximately 39.4% in Q3 2015, up from 44.5% in Q3 2014[44]