CDXG(SH:600353)2014-10-29 16:00Financial Performance - Operating revenue for the first nine months rose by 17.20% to CNY 355,054,225.42 year-on-year[7] - Net profit attributable to shareholders decreased by 18.51% to CNY 64,701,279.52 compared to the same period last year[7] - Basic earnings per share decreased by 17.24% to CNY 0.24 compared to the same period last year[7] - Net profit for Q3 2014 reached CNY 17,687,774.02, representing a 59.8% increase from CNY 11,057,626.82 in Q3 2013[29] - Total operating revenue for Q3 2014 was CNY 150,459,323.82, an increase of 38.7% compared to CNY 108,538,783.57 in Q3 2013[28] - The total revenue for the first nine months of 2014 reached CNY 78,682,474.01, down from CNY 97,878,596.91 in the same period of 2013, representing a decrease of 19.6%[32] - The basic and diluted earnings per share for Q3 2014 were both CNY 0.06, compared to CNY 0.04 in Q3 2013, reflecting a growth of 50%[32] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 5,742,347.30, a significant recovery from a negative cash flow of CNY -11,113,399.76 in the previous year[7] - Operating cash flow for the first nine months of 2014 was CNY 5,742,347.30, a significant improvement from a negative cash flow of CNY 11,113,399.76 in the same period last year[37] - Cash inflow from operating activities totaled CNY 417,608,080.21 for the first nine months of 2014, compared to CNY 355,586,552.15 in the previous year, indicating an increase of 17.4%[35] - The company reported a cash outflow of CNY 336,405,473.63 from investing activities in the first nine months of 2014, compared to CNY 69,620,651.24 in the same period of 2013[38] - Cash inflow from investment activities totaled $278,210,669.30, compared to $107,555,936.89 in the same quarter last year, indicating a year-over-year increase of approximately 158%[42] - Net cash flow from investment activities was negative at -$74,928,052.45, contrasting with a positive cash flow of $37,935,285.65 in Q3 2013[42] Assets and Liabilities - Total assets increased by 3.77% to CNY 1,220,799,510.84 compared to the end of the previous year[7] - The company's total assets increased to ¥1.22 billion from ¥1.18 billion, reflecting a growth of 3.77%[20] - The company's total liabilities rose slightly to ¥221.12 million from ¥214.34 million, an increase of 3.66%[20] - Total liabilities decreased to CNY 188,963,843.22 from CNY 214,344,968.14 in the previous quarter[24] - The company's cash and cash equivalents decreased to ¥256.43 million from ¥352.80 million, a decline of 27.31%[18] - The company's retained earnings increased to ¥264.39 million from ¥226.88 million, an increase of 16.54%[20] Shareholder Information - The number of shareholders reached 24,832 by the end of the reporting period[10] Accounts Receivable and Inventory - Accounts receivable increased by 90.39% to CNY 260,316,067.53 due to the industry’s payment collection cycle[12] - The company’s inventory increased to ¥160.27 million from ¥127.91 million, marking a rise of 25.38%[18] - Inventory as of Q3 2014 was CNY 144,022,005.19, up from CNY 127,905,169.31 in Q2 2014[23] Non-Recurring Gains and Losses - Non-recurring gains and losses for the first nine months amounted to CNY 46,518,515.77, with significant contributions from government subsidies and asset disposals[9] - The company reported a total of CNY 7,041,255.80 in non-recurring gains and losses for the third quarter[9] Financial Management - The company incurred financial expenses of CNY 94,829.49 in Q3 2014, a significant improvement from a financial income of CNY 1,257,895.43 in Q3 2013[32] - The company paid $27,327,666.67 in dividends and interest during the quarter, down from $34,797,726.39 in Q3 2013, suggesting a potential shift in capital allocation strategy[43] Accounting Standards - The company has implemented new accounting standards effective July 1, 2014, which did not impact the financial results for 2013 or the current period[14]