DETC(SH:600081)2014-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 3,600,394,211.84, a 62.64% increase year-on-year[8] - Net profit attributable to shareholders decreased by 14.09% to CNY 132,540,334.30 compared to the same period last year[8] - Basic and diluted earnings per share were both CNY 0.4962, reflecting a 0.75% increase from the previous period[9] - The company's operating revenue for Q3 2014 reached ¥3,600,394,211.84, a 62.64% increase compared to ¥2,213,781,700.11 in the previous year, primarily due to the revenue contribution from the newly consolidated Weisitong company[15] - Net profit for Q3 2014 was ¥265,076,016.46, reflecting a 36.75% increase from ¥193,835,099.79 in the same period last year, mainly driven by the consolidation of Weisitong[15] - The company reported an operating profit of CNY 96,144,164.51, compared to CNY 42,928,181.20 in the previous year, indicating an increase of approximately 123.0%[29] - The total comprehensive income attributable to the parent company was CNY 85,136,682.02, up from CNY 43,707,232.28, reflecting an increase of around 94.8%[30] Assets and Liabilities - Total assets increased by 58.49% to CNY 4,179,063,573.38 compared to the end of the previous year[8] - Cash and cash equivalents increased by 150.03% to ¥660,345,815.38 due to the consolidation of Weisitong's financial data[14] - Accounts receivable rose by 36.05% to ¥982,333,319.19 primarily from the consolidation of Weisitong's financial data[14] - Other receivables surged by 1134.67% to ¥122,933,605.40 mainly due to the consolidation of Weisitong's financial data[14] - Fixed assets increased by 50.85% to ¥726,166,556.10 driven by new acquisitions and the consolidation of Weisitong's financial data[14] - Total liabilities increased to ¥2,690,880,396.51 from ¥1,535,120,002.81 at the beginning of the year, reflecting the financial impact of the Weisitong acquisition[22] - Total liabilities amounted to CNY 493,034,761.73, up from CNY 426,352,980.79, which is an increase of about 15.6%[25] Cash Flow - Net cash flow from operating activities increased by 51.69% to CNY 339,861,635.59 for the first nine months[8] - The net cash flow from operating activities was ¥339,861,635.59, up 51.69% from ¥224,053,295.33 in the previous year, largely due to the inclusion of Weisitong's financial data[15] - Cash flow from operating activities for the first nine months was ¥339,861,635.59, an increase of 51.6% from ¥224,053,295.33 in the previous year[34] - The cash inflow from investment activities for the first nine months was ¥309,696,837.82, compared to ¥149,613,563.83 in the previous year[35] - The company’s cash outflow from financing activities was ¥704,432,598.18, an increase of 30.6% from ¥539,221,658.25 in the previous year[35] Shareholder Information - The total number of shareholders reached 22,692 by the end of the reporting period[11] - The largest shareholder, Dongfeng Automotive Components Group Co., Ltd., holds 65.00% of the shares[11] Other Financial Metrics - The weighted average return on net assets decreased by 2.3653 percentage points to 16.9892%[8] - The company reported a net profit from non-operating income of CNY 4,038,785.93 for the current period[10] - The company reported a significant increase in management expenses, which rose by 89.97% to ¥364,747,395.59, attributed to the consolidation of Weisitong and severance benefits provisions[15] - The company’s financial expenses decreased to ¥6,979,967.12 from ¥10,726,554.36, a reduction of 34.0% year-over-year[32] Future Plans - The company plans to continue expanding its market presence and investing in new technologies[7]