OTIC(SZ:000962)2015-10-26 16:00Financial Performance - Total assets decreased by 14.81% to CNY 3,502,481,670.63 compared to the end of the previous year[7] - Net assets attributable to shareholders decreased by 15.24% to CNY 1,767,001,197.51 compared to the end of the previous year[7] - Operating revenue for the current period was CNY 394,403,505.67, a decrease of 1.99% year-on-year, and a significant decline of 52.84% compared to the beginning of the year[7] - Net profit attributable to shareholders was a loss of CNY 163,256,890.54, representing a decrease of 138.00% year-on-year[7] - Basic earnings per share were -CNY 0.3703, down 137.98% compared to the same period last year[7] - The weighted average return on net assets was -8.15%, a decrease of 5.29% year-on-year[7] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of CNY 229,060,160.18, an increase of 265.69% year-to-date[7] - The company's cash and cash equivalents decreased by 32.61% to ¥214,090,703.08, down from ¥317,673,634.41, due to a reduction in financing scale[16] - Cash received from sales of goods and services dropped by 57.67% to ¥829,043,019.70 from ¥1,958,608,506.06, reflecting a substantial decrease in trade revenue[18] - Cash paid for purchasing goods and services decreased by 74.81% to ¥437,788,739.45 from ¥1,737,757,540.04, reflecting reduced payments for raw materials[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,846[11] - The largest shareholder, Zhongse (Ningxia) Dongfang Group Co., Ltd., holds 45.80% of the shares[11] - The company plans to transfer part of its shares held by the controlling shareholder, which may lead to changes in control[20] Inventory and Asset Management - Inventory decreased by 32.90% to ¥804,480,090.55 from ¥1,198,904,970.86, attributed to reduced purchases and inventory clearance[16] - The company reported a 1610.64% increase in asset impairment losses, amounting to ¥115,938,620.30, due to increased provisions for asset impairment[18] Investment Income - The total investment income for the reporting period was CNY 2,265,832.82[25] - The highest investment income was generated from the investment in Daqin Railway, amounting to CNY 288,184.71[25] - The investment in Northern Rare Earth yielded an income of CNY 35,661.57[25] - The investment in Vanke A resulted in an income of CNY 121,768.05[25] - The investment in China Petroleum generated a loss of CNY 4,044.88[25] - The company held a total of 712,236 shares in Jingneng Power, resulting in a loss of CNY 459,592.51[25] Other Financial Activities - The company received government subsidies amounting to CNY 11,082,043.28 during the reporting period[8] - The company received ¥34,351,898.77 from investment recoveries, a significant increase of 2048.98% compared to the previous period[18] - The company reported a 116.67% increase in long-term borrowings to ¥650,000,000.00 from ¥300,000,000.00, indicating a restructuring of financing[16] - The company did not engage in any derivative investments during the reporting period[26] - There were no research, communication, or interview activities conducted during the reporting period[27] - The total number of shares held at the beginning of the period was not specified in the report[25]