Chongqing Port (SH:600279)2014-10-28 16:00Financial Performance - Operating revenue for the first nine months rose by 48.26% to CNY 1,485,753,652.84 year-on-year[8] - Net profit attributable to shareholders increased by 9.34% to CNY 73,510,377.87 for the first nine months[8] - Basic earnings per share rose by 9.36% to CNY 0.2149[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 70,966,959.39, up 20.65% year-on-year[8] - Total operating revenue for the third quarter was CNY 556,156,298.70, a 67.7% increase from CNY 331,519,635.02 in the same period last year[38] - Net profit for the third quarter was CNY 39,472,758.58, a decrease of 12.1% compared to CNY 45,102,957.68 in the previous year[40] - Earnings per share (EPS) for the third quarter was CNY 0.0728, down from CNY 0.0871 in the same quarter last year[40] - The company reported a total profit of CNY 48,792,527.99 for the third quarter, down from CNY 53,521,708.00 in the same period last year[39] Cash Flow - Net cash flow from operating activities surged by 96.93% to CNY 154,411,444.84 year-to-date[8] - Cash flow from operating activities for the first nine months reached CNY 1,298,480,089.57, a significant increase from CNY 699,040,425.78 in the previous year[46] - Operating cash inflow for the first nine months of 2014 was CNY 387,849,117.58, down 36.6% from CNY 610,990,631.07 in the same period last year[50] - Total cash outflow from operating activities was CNY 362,177,839.41, a decrease of 43.7% compared to CNY 644,140,729.76 in the previous year[50] - Net cash flow from operating activities was CNY 25,671,278.17, a significant improvement from a negative CNY 33,150,098.69 in the same period last year[50] - The ending balance of cash and cash equivalents was CNY 134,344,973.82, down from CNY 360,999,591.84 in the same period last year[51] - The net increase in cash and cash equivalents for the third quarter was CNY 33,507,086.21, compared to CNY 109,607,088.88 in the previous year[49] Assets and Liabilities - Total assets increased by 4.15% to CNY 5,091,434,377.98 compared to the end of the previous year[8] - Current assets rose to CNY 1,171,088,018.75, up from CNY 919,739,049.51, indicating a significant increase of about 27.36%[29] - Cash and cash equivalents increased to CNY 451,156,523.13 from CNY 417,649,436.92, reflecting a growth of approximately 8.01%[28] - Total liabilities rose to CNY 2,356,213,651.44 from CNY 2,253,411,089.35, which is an increase of approximately 4.58%[30] - Owner's equity increased to CNY 2,735,220,726.54 from CNY 2,635,302,549.82, showing a growth of about 3.80%[30] - Accounts receivable increased by 56.58% to ¥237.67 million compared to the beginning of the year, primarily due to extended logistics chain and increased settlement cycle[16] - Short-term borrowings increased by 31.02% to ¥435 million, indicating a significant rise in borrowing during the period[16] Operating Costs and Expenses - Operating costs increased by 68.79% to ¥1.16 billion, reflecting the rise in operating revenue[20] - Total operating costs increased to CNY 512,368,925.67, up 82.1% from CNY 281,375,492.29 year-over-year[38] - Management expenses for the third quarter were CNY 40,103,644.75, slightly up from CNY 37,359,278.12 year-over-year[39] - Financial expenses decreased to CNY 24,275,574.60 from CNY 33,119,224.90 in the previous year[39] Shareholder Information - The total number of shareholders reached 34,752 by the end of the reporting period[13] - The largest shareholder, Chongqing Port Logistics Group Co., Ltd., holds 49.48% of the shares[13] Non-Operating Income - The company reported a non-operating income of CNY 384,524.71 for the third quarter[12] - The company reported a 71.49% increase in non-operating income to ¥15.18 million, largely from VAT subsidies[21]