Grandbuy(SZ:002187)2014-10-24 16:00Financial Performance - Operating revenue for the reporting period was CNY 1,503,361,659.67, representing a decline of 6.17% year-on-year[7]. - Net profit attributable to shareholders increased by 12.10% to CNY 45,427,813.54 for the reporting period[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 2.22% to CNY 29,155,033.40[7]. - Basic earnings per share rose by 8.33% to CNY 0.13 for the reporting period[7]. - The weighted average return on equity was 1.98%, an increase of 0.08% compared to the previous year[7]. - The estimated net profit attributable to shareholders for 2014 is projected to be between ¥22,213.91 million and ¥26,656.7 million, representing a change of 0.00% to 20.00% compared to 2013[25]. - The net profit for 2013 attributable to shareholders was ¥22,213.91 million[25]. Assets and Liabilities - Total assets at the end of the reporting period decreased by 9.23% to CNY 4,449,114,462.52 compared to the end of the previous year[7]. - The company's construction in progress increased by 5270.56% compared to the beginning of the period, primarily due to payments for the new basement levels of the Guangbai project[19]. - Long-term prepaid expenses decreased by 52.37% compared to the beginning of the period, mainly due to expense amortization[19]. - The company's other non-current liabilities decreased by 42.08% compared to the beginning of the period, primarily due to a reduction in unclaimed points[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was negative CNY 89,249,935.75, a decline of 159.63%[7]. - The net cash flow from operating activities decreased by 159.63% year-on-year, primarily due to a reduction in cash received from sales[21]. - The cash and cash equivalents net increase decreased by CNY 160,573,382.23 year-on-year, mainly due to lower cash received from sales[21]. - The net cash inflow from the disposal of fixed assets increased by 580.90% year-on-year, due to higher cash recovery from asset disposals[21]. - The company's investment income cash received increased by CNY 481,531.15 year-on-year, mainly due to dividends received from joint ventures[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,205[11]. - The largest shareholder, Guangzhou Baihuo Enterprise Group Co., Ltd., held 54.18% of the shares[11]. - The company's minority shareholders' equity decreased by CNY 5,932,067.10, mainly due to losses from subsidiaries and the implementation of a dividend plan[20]. Government and Investment - The company reported a government subsidy of CNY 110,681.93 included in non-recurring gains and losses[8]. - The company's financial expenses decreased by 52.72% year-on-year, attributed to increased interest income and reduced card transaction fees[20]. - Investment income increased by CNY 31,130,918.61 compared to the same period last year, mainly due to higher investment returns from joint ventures and financial products[20]. - The total initial investment in securities is ¥46,663.74 million, with a year-end holding value of ¥44,117.22 million, resulting in a loss of ¥6,187.721 million during the reporting period[25]. - The company holds a 59.37% initial stake in the Yin Hua Xin Rui fund, which decreased to 44.73% by the end of the period[25]. - The company has not held any other listed company shares during the reporting period[26]. Operational Strategy - The company plans to enhance operational quality by implementing cost reduction measures and cutting expenses[25].