SAIC MOTOR(SH:600104)2014-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 13.40% to CNY 20.41 billion for the first nine months of the year[7] - Operating revenue for the first nine months reached CNY 468.55 billion, an increase of 11.72% year-on-year[7] - The weighted average return on equity improved by 0.37 percentage points to 14.44%[7] - Total operating revenue for Q3 2014 reached ¥151.32 billion, an increase of 7.3% compared to ¥140.73 billion in Q3 2013[32] - The company reported a net profit margin improvement, with net profit for the year-to-date period reaching ¥471.33 billion, up from ¥421.65 billion, reflecting a year-on-year increase of 11.7%[32] - Net profit for Q3 2014 reached ¥9.25 billion, compared to ¥8.97 billion in Q3 2013, marking a year-over-year increase of about 3.0%[34] - The total profit for Q3 2014 was ¥10.71 billion, an increase from ¥10.21 billion in Q3 2013, indicating a growth of approximately 4.9%[33] Cash Flow - The net cash flow from operating activities increased by 31.40% to CNY 20.37 billion compared to the same period last year[7] - The net cash flow from operating activities for the first nine months of 2014 was CNY 20.374 billion, an increase of CNY 4.869 billion or 31.40% compared to the same period last year, primarily due to increased sales revenue[15] - Cash flow from operating activities for Q3 2014 was RMB 20,373,841,719.91, an increase of 31.5% compared to RMB 15,504,729,198.22 in Q3 2013[42] - The company reported a total cash outflow from operating activities of RMB 476,784,148,740.65, which is an increase from RMB 429,604,099,520.41 in Q3 2013[42] - Cash flow from financing activities resulted in a net outflow of RMB 21,826,279,765.07, worsening from a net outflow of RMB 14,863,659,988.40 in the same quarter last year[43] Assets and Liabilities - Total assets increased by 2.10% to CNY 381.48 billion compared to the end of the previous year[7] - Current assets totaled CNY 228.276 billion, a slight decrease from CNY 232.184 billion at the beginning of the year[25] - The total liabilities were CNY 228.275 billion, with current liabilities including short-term borrowings of CNY 5.449 billion[25] - Total assets as of September 30, 2014, amounted to ¥149.37 billion, up from ¥143.12 billion at the beginning of the year, reflecting a growth of 4.9%[29] - The total liabilities as of Q3 2014 were ¥15.44 billion, a decrease of 6.5% from ¥16.51 billion in the previous period[29] Investments - The company's financial assets available for sale increased by 59.15% to CNY 22.61 billion compared to the beginning of the year[13] - The company's long-term equity investments stood at CNY 55.340 billion, down from CNY 56.404 billion at the beginning of the year[25] - Long-term investments reached ¥76.87 billion, an increase from ¥74.81 billion, indicating a growth of 2.8%[28] Shareholder Information - The total number of shareholders reached 118,075 by the end of the reporting period[11] - The company's payable dividends increased significantly by 1,067.03% to CNY 763.37 million compared to the previous year[13] - The company has committed to not transferring shares held by major shareholders for 36 months following the asset acquisition transaction completed in 2011[16] Inventory and Expenses - Inventory increased to CNY 36.927 billion from CNY 30.915 billion, reflecting a significant rise in stock levels[25] - Operating costs for Q3 2014 were ¥148.38 billion, up from ¥137.63 billion in Q3 2013, representing an increase of approximately 7.0%[33] - The cash paid for purchasing goods and services was RMB 412,773,571,792.80, up from RMB 366,189,046,196.27, indicating a rise of 12.7%[42] - The management expenses for Q3 2014 were ¥5.75 billion, an increase from ¥5.31 billion in Q3 2013, indicating a growth of about 8.4%[33]