GETM(SH:600232)2014-10-27 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 16,395,790.61, down 1.910% year-on-year[7]. - Operating revenue for the first nine months was CNY 816,618,205.08, representing a decline of 4.278% compared to the same period last year[7]. - Basic earnings per share were CNY 0.045, down 2.174% from the previous year[8]. - The company reported a total of CNY 722,178.94 in non-recurring gains and losses for the first nine months[11]. - Total operating revenue for Q3 2014 was CNY 303,101,053.01, a decrease of 7.3% compared to CNY 326,988,562.68 in Q3 2013[29]. - Net profit for Q3 2014 reached CNY 6,971,690.70, an increase of 133.4% compared to CNY 2,989,085.66 in Q3 2013[30]. - Earnings per share for Q3 2014 were CNY 0.016, up from CNY 0.011 in Q3 2013[30]. - The company reported a gross profit margin of approximately 2.4% for Q3 2014, compared to 1.3% in Q3 2013[29]. - In Q3 2014, the company reported a net profit of CNY 2,001,626.17, a significant increase from CNY 525,500.81 in the same period last year, representing a growth of 280.4%[34]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,821,841,360.43, a decrease of 0.932% compared to the end of the previous year[7]. - Total assets decreased to ¥1,821,841,360.43 from ¥1,838,987,324.55, reflecting a slight decline in overall asset value[22]. - Total liabilities decreased to ¥635,332,424.87 from ¥641,635,003.74, indicating a reduction in the company's debt levels[23]. - The company's total equity as of Q3 2014 was CNY 1,155,462,409.15, compared to CNY 1,171,361,060.19 in Q3 2013[27]. - Accounts receivable increased by 35.52% to ¥213,468,876.85, primarily due to an increase in receivables during the settlement period[16]. - Other current assets surged by 281.74% to ¥22,850,234.38, mainly due to an increase in receivable subsidies (export tax rebates)[16]. - Long-term prepaid expenses increased by 50.81% to ¥5,175,565.93, primarily due to expenditures on office renovations[16]. Cash Flow - The net cash flow from operating activities was negative CNY 1,017,085.48, a decrease of 4.314% year-on-year[7]. - The operating cash flow for the company was negative at CNY -1,017,085.48, compared to CNY -975,021.57 in the previous year, reflecting a slight deterioration in cash flow management[38]. - Cash flow from financing activities improved by 49.23%, with a net cash outflow of ¥93,308,208.62 compared to ¥183,779,644.20 in the previous year[17]. - The company’s total operating cash inflow was CNY 933,469,917.90, compared to CNY 790,176,272.04, marking an increase of 18.1%[38]. - Cash flow from financing activities resulted in a net outflow of $88,444,202.19, improving from a net outflow of $182,570,592.89 year-over-year[42]. Shareholder Information - The total number of shareholders at the end of the reporting period was 24,339[12]. - The largest shareholder, Zhejiang Jinying Group Co., Ltd., held 46.87% of the shares, with 170,952,293 shares pledged[12]. Government Support and Expenses - Government subsidies recognized in the first nine months amounted to CNY 4,136,664.07[10]. - Financial expenses decreased by 43.12% to ¥10,820,441.77, mainly due to reduced bank loans and decreased exchange losses[17]. - The company’s income tax expense for the quarter was CNY 758,511.03, compared to CNY 275,515.88, an increase of 175.5%[34]. - The company’s financial expenses decreased to CNY 4,368,360.98 from CNY 5,347,001.67, a reduction of 18.3%[34]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[30].