TDG(SH:600330)2014-10-30 16:00Financial Performance - Operating revenue decreased by 7.30% to CNY 844,345,688.29 for the first nine months compared to the same period last year[8] - Net profit attributable to shareholders reached CNY 11,445,737.52, a significant increase of 726.54% compared to a loss in the previous year[8] - Basic earnings per share improved to CNY 0.018, a 700.00% increase from a loss per share in the previous year[8] - Total revenue for Q3 2014 was CNY 271,421,925.05, a decrease of 22.94% compared to CNY 352,227,711.02 in Q3 2013[26] - The company reported a net loss of CNY 52,998,099.14 for the current period, compared to a loss of CNY 35,521,984.29 in the previous year[23] - The net profit for Q3 2014 was a loss of approximately ¥4.54 million, compared to a profit of ¥6.77 million in Q3 2013, indicating a significant decline[30] - The total comprehensive income for Q3 2014 was a loss of approximately ¥4.54 million, compared to a profit of ¥6.77 million in the same quarter last year[30] - The company reported a total profit of approximately -¥10.80 million for Q3 2014, compared to a profit of ¥2.60 million in Q3 2013, highlighting a significant downturn[30] Assets and Liabilities - Total assets increased by 10.50% to CNY 2,792,827,282.17 compared to the end of the previous year[8] - Current liabilities totaled CNY 871,728,258.16, an increase of 11.48% from CNY 781,852,263.05 in the previous year[23] - Total assets reached ¥2,792,827,282.17, up from ¥2,527,377,954.30 at the beginning of the year[19] - Inventory increased to CNY 215,273,886.08, up from CNY 148,321,365.50, indicating a rise of 45.00%[22] - Long-term investments in equity rose to CNY 605,357,482.12 from CNY 567,320,698.49, marking a growth of 6.71%[22] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -43,881,734.96, a decline of 152.21% compared to the previous year[8] - The cash flow from operating activities for the first nine months of 2014 was a net outflow of approximately ¥43.88 million, a decline from a net inflow of ¥84.04 million in the same period last year[32] - Net cash flow from operating activities was negative CNY 13,900,459.30, compared to a positive CNY 89,706,670.69 in the previous year[35] - Total cash inflow from investment activities was CNY 125,517,611.10, up from CNY 89,933,192.17 year-on-year[35] - Cash outflow for investment activities reached CNY 333,572,636.93, compared to CNY 257,541,932.11 in the previous year[35] - Net cash flow from investment activities was negative CNY 208,055,025.83, worsening from negative CNY 167,608,739.94 year-on-year[35] - Total cash inflow from financing activities was CNY 660,965,633.45, compared to CNY 469,803,532.15 in the previous year[36] - Net cash flow from financing activities was CNY 200,851,937.41, significantly higher than CNY 47,399,952.31 in the same period last year[36] - The ending cash and cash equivalents balance was CNY 97,149,536.45, compared to CNY 85,586,143.41 at the end of the previous year[36] - The company reported a net decrease in cash and cash equivalents of CNY 21,510,267.78 for the period[36] Shareholder Information - Net assets attributable to shareholders increased by 26.42% to CNY 1,480,566,509.32 year-over-year[8] - The total number of shareholders reached 112,138 by the end of the reporting period[10] - Minority interests rose significantly by 1083.43% to ¥39,947,166.34 from ¥3,375,535.98, following the acquisition of a controlling subsidiary[13] Investments and Future Plans - The company plans to invest ¥45 million to establish a new materials company in Yinchuan, holding 52.94% of the registered capital[14] - The company has approved a non-public offering of up to 21 million shares, with application materials submitted to the China Securities Regulatory Commission[14] - The company plans to focus on expanding its market presence and developing new products to enhance future growth prospects[26] Other Financial Metrics - The weighted average return on net assets increased by 0.97 percentage points to 0.81%[8] - Investment income increased by 55.84% to ¥8,503,161.10 from ¥5,456,199.60, mainly due to gains from the transfer of 19.63% equity in a joint venture[13] - The company incurred sales expenses of approximately ¥11.88 million in Q3 2014, compared to ¥10.59 million in Q3 2013, reflecting an increase of about 12.2%[30] - The investment income for the first nine months of 2014 was approximately ¥9.26 million, up from ¥5.26 million in the same period last year, indicating a positive trend in investment performance[30]