DHKJ(SH:600288)2014-10-27 16:00Financial Performance - Operating revenue for the year-to-date was CNY 2,266,741,187.31, down 2.48% year-on-year[6] - Net profit attributable to shareholders was CNY 9,520,458.12, a significant recovery from a loss of CNY 7,522,125.73 in the same period last year[6] - The weighted average return on net assets was 0.67%, compared to -0.54% in the previous year[6] - Total operating revenue for Q3 2014 was ¥800,098,937.09, an increase from ¥785,546,035.11 in Q3 2013, representing a growth of approximately 1.4%[30] - Net profit for Q3 2014 was ¥3,713,528.71, compared to a net loss of ¥35,201,981.72 in Q3 2013, indicating a significant turnaround[32] - The net profit for Q3 2014 was CNY 13,280,071.42, an increase of 11.6% compared to CNY 11,892,519.19 in Q3 2013[36] - The operating profit for Q3 2014 was CNY 13,660,562.94, representing a 22.2% increase from CNY 11,184,115.26 in Q3 2013[36] - The total comprehensive income for the first nine months of 2014 was CNY 52,197,168.70, an increase from CNY 45,060,422.62 in the same period last year[36] Cash Flow - Cash flow from operating activities for the year-to-date was a negative CNY 84,805,332.73, an improvement from a negative CNY 248,845,837.74 in the same period last year[6] - The cash flow from operating activities for the first nine months of 2014 was a net outflow of CNY 84,805,332.73, compared to a net outflow of CNY 248,845,837.74 in the same period last year[38] - Net cash flow from operating activities was $8,614,249.46, a significant improvement from a net outflow of $10,605,523.77 in the previous year[41] - Total cash outflow from operating activities was $101,643,181.58, slightly up from $100,002,248.20 in the previous year[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,317,429,289.05, a decrease of 0.79% compared to the end of the previous year[6] - Current assets totaled ¥2,268,130,594.53, slightly down from ¥2,270,630,266.69 at the start of the year[22] - The company's equity attributable to shareholders was ¥1,405,811,205.54, down from ¥1,407,416,043.42 at the beginning of the year[24] - Total assets increased to ¥1,242,088,983.25 from ¥1,206,295,195.26, reflecting a growth of approximately 3%[28] - The total liabilities remained stable at ¥60,629,464.96, slightly down from ¥65,907,549.67, indicating a decrease of about 8.7%[28] Shareholder Information - The number of shareholders at the end of the reporting period was 42,361[9] - The largest shareholder, China New Era Co., Ltd., held 133,960,000 shares, representing 30.67% of the total shares[9] Inventory and Expenses - Inventory increased to ¥972,823,717.49 from ¥910,020,354.05, indicating a rise in stock levels[22] - Operating expenses rose by 67.49% to ¥877,584.52, attributed to an increase in non-operating expenditure items[15] - Financial expenses increased by 30.36% to ¥28,608,625.43 due to higher loan interest payments compared to the previous year[15] - The company experienced a 70.67% increase in payable taxes, primarily due to an increase in the retained value-added tax[13] Investment and Cash Management - The company achieved an investment income of ¥13,970,400.91, compared to ¥12,661,695.87 in the previous year, an increase of approximately 10.3%[30] - The company generated CNY 28,105,070.29 in cash from investment income during the first nine months of 2014[39] - Cash received from investment income was $28,000,000.00, a decrease from $99,973,000.00 year-over-year[41] Changes in Accounting Standards - The company is implementing new accounting standards effective July 1, 2014, which may impact future financial reporting[16]