JSSS(SH:600220)2014-10-28 16:00Financial Performance - Operating revenue decreased by 3.27% to CNY 1,686,061,205.60 for the year-to-date period[7] - Net profit attributable to shareholders decreased by 8.98% to CNY 48,907,362.59 for the year-to-date period[7] - The company reported a decrease in net profit after deducting non-recurring gains and losses by 9.57% to CNY 44,989,766.55[7] - Net loss for the period was CNY 1,440,000, compared to a net loss of CNY 1,500,000 in Q3 2013[27] - Net profit for Q3 2014 was CNY 21,316,056.81, down from CNY 27,611,830.54 in Q3 2013, indicating a decline of about 22.8%[29] - Total profit for Q3 2014 was CNY 26,935,980.18, down from CNY 34,915,404.53 in Q3 2013, indicating a decrease of about 22.8%[28] - The total comprehensive income for Q3 2014 was CNY 21,316,056.81, down from CNY 27,611,830.54 in Q3 2013, reflecting a decline of about 22.8%[29] Cash Flow - Cash flow from operating activities decreased by 34.28% to CNY 170,311,585.36 for the year-to-date period[7] - Total operating cash flow net amount decreased by 34.28% to CNY 170,311,585.36 due to increased cash payments for goods and services[12] - Cash flow from operating activities for the first nine months of 2014 was CNY 1,874,529,513.45, slightly up from CNY 1,856,958,793.47 in the same period of 2013[35] - The net cash flow from operating activities for the first nine months of 2014 was CNY 150,726,143.20, compared to CNY 143,588,769.17 in the same period last year, reflecting a year-on-year increase of approximately 5.3%[40] - Cash flow from investment activities showed a net outflow of CNY 80,508,299.52, a significant decrease from a net inflow of CNY 4,335,753.86 in the previous year[40] Assets and Liabilities - Total assets increased by 8.19% to CNY 4,163,544,158.87 compared to the end of the previous year[7] - Total assets as of September 30, 2014, amounted to CNY 4,157,926,717.18, up from CNY 3,548,384,173.80 at the beginning of the year[24] - Total liabilities increased to CNY 2,474,685,188.93 from CNY 1,934,940,938.22 year-on-year[24] - Long-term payables increased by 999.29% to CNY 210,038,333.08 due to new financing leases[11] - Total current liabilities increased, with short-term borrowings rising to CNY 1,608,342,617.00 from CNY 1,475,000,000.00[19] Shareholder Information - The number of shareholders increased to 201,233[9] - The company's total shareholders' equity was CNY 1,683,241,528.25, compared to CNY 1,613,443,235.58 in the previous year[24] Investment Activities - Investment cash flow net amount decreased by 126.72% to CNY -151,454,115.67 primarily due to the acquisition of a 24% stake in Huangtang Thermal Power[12] - Investment income increased by 100.00% to CNY 1,728,240.17 due to dividend income received during the period[12] - Investment income for Q3 2014 was CNY 1,520,173.70, compared to CNY 0.00 in Q3 2013, indicating a positive shift in investment performance[28] Operational Costs - Total operating costs for Q3 2014 were CNY 589,009,155.11, slightly increased from CNY 586,773,989.79 in the same period last year[27] - The cash paid for purchasing goods and services was CNY 1,050,115,114.26, compared to CNY 949,873,944.28 in the previous year, representing an increase of about 10.5%[40] Bankruptcy and Liquidation - The company is undergoing bankruptcy liquidation for its subsidiary Ningxia Sunshine Silicon Industry Co., Ltd., with ongoing asset distribution processes[12]