CRHIC(SH:600528)2014-10-29 16:00Financial Performance - Net profit attributable to shareholders increased by 14.91% to CNY 298.09 million year-to-date[7] - Operating revenue decreased by 8.18% to CNY 50.84 billion year-to-date[7] - The net profit margin for the year-to-date period was impacted, with total revenue of ¥50,841,686,977.97 compared to ¥55,370,254,030.88 in the previous year, reflecting a decline of approximately 8.9%[26] - The company's operating revenue for Q3 2014 was ¥6,435,459,010.50, a decrease of 16.5% compared to ¥7,709,985,019.67 in Q3 2013[29] - The operating profit for Q3 2014 was ¥-20,501,582.22, compared to ¥111,446,812.01 in the same period last year, indicating a significant decline[29] - The net profit for Q3 2014 was ¥-1,032,531.86, a sharp drop from ¥111,427,482.60 in Q3 2013[29] - The total profit for the period was ¥-2,626,136.08, compared to a profit of ¥112,748,248.38 in the previous year[29] Assets and Liabilities - Total assets increased by 11.91% to CNY 57.24 billion compared to the end of the previous year[7] - As of September 30, 2014, total assets amounted to 57,236,645,770.78 RMB, an increase from 51,146,777,508.85 RMB at the beginning of the year[20] - The total liabilities increased to 50,000,975,646.04 RMB from 44,775,923,363.88 RMB at the beginning of the year[21] - Total liabilities increased to ¥50,312,385,445.19 from ¥44,402,151,499.03, representing a growth of approximately 20.4%[22] - Current assets totaled 52,485,649,524.05 RMB, up from 46,233,290,382.70 RMB at the beginning of the year[20] Cash Flow - Net cash flow from operating activities improved by 68.14%, reaching CNY -552.58 million year-to-date[7] - The net cash flow from operating activities for Q3 2014 was -552,584,143.34 RMB, a decrease of 68.14% compared to the previous year[12] - Net cash flow from financing activities was 792,169,635.70 RMB, a decrease of 46.38% due to reduced bank borrowings compared to the same period last year[12] - Operating cash inflow for the first nine months of 2014 was CNY 56.59 billion, an increase of 4.05% compared to CNY 54.36 billion in the same period last year[31] - Net cash flow from operating activities was negative CNY 552.58 million, an improvement from negative CNY 1.73 billion year-over-year[31] - Cash outflow from investment activities totaled CNY 946.93 million, compared to CNY 8.05 billion in the previous year, indicating a significant reduction in investment spending[34] Borrowings and Expenses - Long-term borrowings increased by 74.98% to CNY 2.75 billion due to new bank loans for operational turnover[11] - Management expenses rose by 31.81% to CNY 1.04 billion, attributed to increased research and development costs[11] - Short-term borrowings rose to ¥7,857,500,000.00 from ¥7,067,000,000.00, an increase of approximately 11.2%[24] - Long-term borrowings increased significantly to ¥2,489,000,000.00 from ¥1,086,000,000.00, representing a growth of about 129.0%[24] Shareholder Information - The number of shareholders reached 134,055 by the end of the reporting period[9] - The company's total equity increased to ¥6,924,260,325.59 from ¥6,744,626,009.82, showing a growth of about 2.7%[22] Other Income and Gains - Other income from non-operating activities surged by 516.48% to CNY 79.04 million, driven by debt restructuring gains[11] - The company reported a significant increase in other income, totaling ¥17,900,215.03 in Q3 2014, compared to ¥1,400,190.00 in Q3 2013[29]