ELION(SH:600277)2014-10-27 16:00Financial Performance - Operating income for the period was CNY 9,670,921,581.57, representing a slight increase of 0.66% year-on-year[7] - Net profit attributable to shareholders of the listed company reached CNY 379,536,685.75, an increase of 77.85% compared to the same period last year[7] - Basic earnings per share were CNY 0.1816, reflecting a growth of 35.72% year-on-year[8] - The weighted average return on net assets increased by 21.26 percentage points to 4.22%[8] - The company reported an investment income of ¥428,839,998.67, a significant increase of 785.82% compared to the previous period, primarily due to equity gains from the disposal of certain investments[18] - Operating income from non-operating activities rose to ¥51,888,779.34, reflecting a 441.32% increase, mainly driven by higher government subsidies[18] - The company reported a total current assets of CNY 6,433,433,986.47, down from CNY 8,416,519,064.20, a decrease of approximately 23.5%[27] - Net profit for the first nine months of 2014 reached CNY 989,118,219.54, an increase of 72% compared to CNY 575,238,551.35 in the same period of 2013[33] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 925,073,209.71, a significant increase of 4,072.07% compared to the previous year[7] - Cash received from operating activities increased by 36.53% to ¥2,188,513,475.76, attributed to an increase in fund borrowing[18] - Cash received from investment activities saw a dramatic rise of 2072.40%, reaching ¥120,738,926.87, primarily due to dividend receipts[18] - The net cash received from the disposal of subsidiaries and other operating units surged by 1106.49% to ¥412,275,666.48, linked to the collection of receivables from equity disposals[18] - The total cash outflow from operating activities for the first nine months of 2014 was ¥8.58 billion, compared to ¥10.02 billion in the same period last year, a decrease of 14.3%[41] - The net cash flow from operating activities for the first nine months of 2014 was ¥431,405,420.46, compared to a loss of ¥15,012,888.08 in the same period last year[44] - The total cash and cash equivalents at the end of the period stood at ¥629,611,882.80, down from ¥2,082,608,429.15 at the end of the previous year[45] Assets and Liabilities - Total assets at the end of the reporting period were CNY 20,483,796,357.75, a decrease of 9.57% compared to the end of the previous year[7] - Accounts receivable decreased by 39.39% from CNY 1,683,610,322.17 to CNY 1,020,468,438.63, primarily due to the exclusion of certain entities from the consolidation scope[16] - Inventory decreased by 31.72% from CNY 1,092,227,380.02 to CNY 745,728,842.67, mainly due to the same exclusion[17] - Short-term borrowings decreased by 36.06% from CNY 4,207,468,442.67 to CNY 2,690,366,008.00, attributed to a reduction in bank loans[17] - The company's goodwill decreased by 100% to CNY 0.00, following the disposal of an entity[17] - The company's asset impairment losses increased significantly to CNY 14,952,226.41, compared to a loss of CNY 268,443.51 in the previous period[17] - The total liabilities decreased to CNY 6,000,000.00 from CNY 998,596,232.43, indicating a significant reduction[28] - The company's long-term equity investments stood at CNY 4,284,403,750.47, slightly down from CNY 4,290,296,928.06[27] Shareholder Information - The total number of shareholders at the end of the reporting period was not specified, but the report includes details on the top ten shareholders[13] - The total number of shareholders is 52,833[14] - The largest shareholder, Yili Resources Group Co., Ltd., holds 1,299,169,348 shares, representing 62.19% of total shares[14] - The number of shares held by the top ten unrestricted shareholders includes 1,299,169,348 shares held by Yili Resources Group Co., Ltd.[15] - The company has no related party relationships with the top shareholders, ensuring no conflicts of interest[15] Investment Activities - Cash paid for the acquisition of fixed assets and other long-term assets decreased by 92.96% to ¥34,991,927.49, indicating reduced investment in new projects[19] - The company did not incur any cash outflow for investment payments this period, contrasting with ¥82,000,000.00 in the previous period, reflecting a strategic shift in investment approach[19] - The company reported an investment loss of CNY 15,363,996.62 in Q3 2014, compared to a gain of CNY 23,902,313.84 in Q3 2013[36] - The cash inflow from investment activities included ¥498,543,000.00 from the disposal of subsidiaries and other business units[44] - The net cash flow from investment activities was ¥436,142,677.92, a recovery from a negative cash flow of -¥462,810,011.73 in the previous year[45] Tax and Expenses - The company reported a 31.28% increase in income tax expenses, totaling ¥70,789,076.18, due to higher profits during the period[18] - The company's operating costs for Q3 2014 were ¥481.10 million, an increase of 25.4% from ¥383.83 million in Q3 2013[40] - The financial expenses for Q3 2014 were ¥66.11 million, up from ¥53.00 million in the same period last year, reflecting a rise of 25.0%[40]