LK(SH:600388)2015-10-30 16:00Financial Performance - Operating revenue for the year-to-date reached CNY 4,489,399,235.73, a 28.14% increase compared to the same period last year[8] - Net profit attributable to shareholders increased by 31.49% year-on-year, totaling CNY 389,597,335.70[8] - Basic earnings per share increased by 28.57% to CNY 0.36[8] - Total operating revenue for Q3 2015 reached ¥2,022,783,219.17, a 62.7% increase from ¥1,241,391,557.30 in Q3 2014[28] - Net profit for Q3 2015 was ¥216,232,742.47, representing a 41.7% increase compared to ¥152,634,258.36 in Q3 2014[29] - The net profit for the first nine months of 2015 reached ¥279,372,024.67, up 38.2% from ¥202,098,410.28 in the same period last year[31] - The total profit for the first nine months of 2015 was ¥329,341,646.86, up 42.0% from ¥232,034,136.69 in the same period last year[31] Cash Flow - Net cash flow from operating activities surged by 461.65% year-on-year, amounting to CNY 150,271,967.00[8] - Operating cash inflow for Q3 2015 was CNY 4,292,973,316.47, an increase from CNY 3,894,196,138.77 in Q3 2014, representing a growth of approximately 10.3%[35] - Net cash flow from operating activities for the first nine months of 2015 was CNY 65,887,717.18, compared to CNY 34,134,382.95 in the same period last year, indicating a year-over-year increase of about 93.1%[37] - Cash outflow for purchasing goods and services in the first nine months of 2015 was CNY 2,475,657,979.35, up from CNY 2,236,081,360.80 in the previous year, reflecting an increase of about 10.7%[37] Assets and Liabilities - Total assets increased by 12.79% year-on-year, reaching CNY 12,904,360,452.00[8] - Total liabilities increased to ¥9,416,833,269.38 from ¥8,197,499,891.73 at the beginning of the year[24] - Total current assets amounted to ¥11,151,979,636.94, an increase from ¥9,727,875,451.76 at the beginning of the year[22] - Total assets as of Q3 2015 amounted to ¥10,224,526,932.58, an increase from ¥8,782,120,764.95 in the previous year[27] Shareholder Information - The total number of shareholders reached 165,903[10] - The largest shareholder, Fujian Dongzheng Investment Co., Ltd., holds 17.17% of shares, with 162,350,000 shares pledged[10] - The company’s second-largest shareholder committed to increase holdings in Longjing Environmental by no less than RMB 60 million within three months[16] Investments and Expenses - Management expenses increased by 31.40% to RMB 473,355,529.13, attributed to higher R&D investments and employee stock ownership plans[14] - The company received government subsidies totaling CNY 17,849,611.69 during the reporting period[9] - Non-recurring gains and losses for the year-to-date amounted to CNY 14,430,123.88[9] Inventory and Receivables - Inventory rose significantly to ¥6,124,310,118.92 from ¥4,880,232,145.10 at the beginning of the year[22] - Accounts receivable increased to ¥1,707,504,906.37 from ¥1,593,452,295.35 at the beginning of the year[22] - The total amount of accounts receivable increased to ¥215,225,159.38 in Q3 2015, up from ¥176,024,735.58 in Q3 2014[26] Employee Stock Ownership Plan - The company completed the first phase of its employee stock ownership plan in March 2015 and the second phase in July 2015[16] - The first phase of the employee stock ownership plan involved 325 participants, while the second phase included 352 participants[17][18] - The total funding for the first phase of the employee stock ownership plan was ¥34,292,811, and for the second phase, it was ¥37,779,821.63[18] - As of March 17, 2015, the first phase of the employee stock ownership plan resulted in the purchase of 919,912 shares, representing 0.215% of the total share capital; the second phase on July 3, 2015, involved 2,478,600 shares, accounting for 0.23%[18]