Sytech(SH:600183)2014-10-30 16:00Financial Performance - Operating revenue for the first nine months rose by 19.96% to CNY 5,592,656,446.29 compared to the same period last year[8] - Net profit attributable to shareholders of the listed company increased by 48.30% to CNY 411,284,253.03 compared to the same period last year[8] - The company reported a net profit of CNY 420,045,354.64 for the first nine months, a decrease of 5.49% compared to the same period last year[8] - Total operating revenue for Q3 2014 reached ¥1,984,729,992.97, an increase of 22.7% compared to ¥1,616,943,164.98 in Q3 2013[29] - Operating profit for Q3 2014 was ¥163,305,998.93, up 79.5% from ¥90,943,071.81 in the same period last year[31] - Net profit attributable to shareholders for Q3 2014 was ¥139,137,644.26, a decrease of 43.8% from ¥246,980,311.74 in Q3 2013[32] - Total profit for Q3 2014 was ¥167,023,290.01, down 41.1% from ¥282,944,507.79 in Q3 2013[31] - The comprehensive income for Q3 2014 was ¥141,025,235.31, compared to ¥246,554,402.70 in Q3 2013, reflecting a significant decline[32] Assets and Liabilities - Total assets increased by 8.25% to CNY 8,588,342,339.09 compared to the end of the previous year[8] - Current liabilities rose to ¥3,797,057,220.47, compared to ¥2,820,304,916.47, marking an increase of about 34.6%[23] - Total liabilities reached ¥4,184,151,438.02, up from ¥3,384,533,043.75, indicating a growth of approximately 23.6%[23] - Owner's equity decreased to ¥4,404,190,901.07 from ¥4,549,178,710.02, reflecting a decline of about 3.2%[23] - The company reported a total non-current asset of ¥3,320,329,186.36, up from ¥2,798,907,919.60, reflecting an increase of approximately 18.5%[22] Cash Flow - Net cash flow from operating activities decreased by 19.45% to CNY 255,651,155.61 compared to the same period last year[8] - The company’s operating cash inflow totaled CNY 6,023,197,211.37, compared to CNY 4,957,732,226.30 in the previous year, marking a growth of 21.5%[40] - The cash flow from operating activities was impacted by an increase in payments to employees, which rose to CNY 588,947,319.77 from CNY 364,021,100.38, an increase of 61.9%[40] - The company reported a decrease in tax refunds received, totaling CNY 26,057,977.06 compared to CNY 41,570,102.68 in the previous year, a decline of 37.5%[40] - The company reported a net cash outflow from investing activities of CNY -690,219,635.40, compared to CNY -334,614,008.43 in the previous year, reflecting an increase in investment expenditures[41] Shareholder Information - The total number of shareholders reached 80,204 at the end of the reporting period[11] - The top three shareholders do not have any related party relationships[13] Investment and Expenses - Management expenses increased by 33.56% to ¥276,850,633.60 from ¥207,282,066.33, mainly due to increased data from the subsidiary and stock option expenses[15] - Investment income improved significantly by 776.51% to ¥7,817,972.19 from a loss of ¥1,155,636.87 in the previous year, due to changes in equity investment accounting[16] - Total operating costs for Q3 2014 were ¥1,824,804,573.89, an increase of 20.1% compared to ¥1,518,602,609.17 in Q3 2013[31] - Sales expenses for Q3 2014 amounted to ¥46,092,049.15, a rise of 12.5% from ¥40,942,350.48 in Q3 2013[31] - Management expenses for Q3 2014 were ¥91,943,887.63, increasing by 15.6% from ¥79,511,918.70 in Q3 2013[31] Inventory and Prepayments - Inventory rose by 38.34% to ¥1,379,775,133.92 from ¥997,365,115.48, attributed to an increase in various stock levels[14] - Prepayments increased by 152.00% to ¥11,379,224.52 from ¥4,515,531.55, primarily due to increased prepayments for gas fees.[14] Borrowings - Short-term borrowings rose by 70.00% to ¥1,541,755,345.86 from ¥906,895,739.07, reflecting increased borrowing to meet operational needs.[15] - The company received CNY 2,566,618,264.48 in cash from borrowings, an increase of 25.3% compared to CNY 2,048,623,589.99 in the previous year[41]