XEMC(SH:600416)2015-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 7.15 billion, a 28.54% increase year-on-year[5] - Net profit attributable to shareholders decreased by 66.82% to CNY 11 million for the first nine months compared to the same period last year[5] - Basic earnings per share decreased to CNY 0.02 from CNY 0.05 year-on-year[6] - The company reported a net profit margin improvement, with retained earnings at ¥637.96 million, slightly down from ¥649.79 million[30] - Total operating revenue for Q3 2015 was ¥2,786,895,691.06, an increase from ¥1,845,962,909.99 in Q3 2014, representing a growth of approximately 51%[34] - Net profit for Q3 2015 reached ¥76,366,751.18, a significant improvement from a net loss of ¥6,851,451.90 in Q3 2014[35] - The total profit for Q3 2015 was ¥88,522,791.93, up from ¥7,741,754.83 in Q3 2014[35] - The company reported a total comprehensive income of ¥82,597,128.49 for Q3 2015, compared to a loss of ¥7,284,969.86 in Q3 2014[36] - Operating income for the first nine months of 2015 was ¥2,529,145,421.53, slightly up from ¥2,427,204,815.79 in the same period of 2014[38] - The company reported a net profit of ¥20,524,912.63 for the third quarter, compared to ¥4,237,373.37 in the same quarter last year, reflecting a significant increase of approximately 384.5%[40] Assets and Liabilities - Total assets increased by 13.04% to CNY 18.86 billion compared to the end of the previous year[5] - Net assets attributable to shareholders increased by 77.80% to CNY 3.79 billion compared to the end of the previous year[5] - Total liabilities reached ¥14.94 billion, up from ¥14.41 billion, a growth of 3.7%[26] - Current liabilities totaled ¥13.42 billion, an increase of 4.6% from ¥12.83 billion in the previous year[26] - Cash and cash equivalents rose to ¥985.64 million, compared to ¥555.26 million at the beginning of the year, marking a 77.4% increase[28] - Accounts receivable increased to ¥3.94 billion, up from ¥3.64 billion, reflecting a growth of 8.9%[29] - Inventory decreased to ¥1.60 billion from ¥1.80 billion, indicating a reduction of 10.7%[29] - Long-term borrowings rose to ¥281.90 million, compared to ¥221.56 million, an increase of 27.3%[26] - Owner's equity increased significantly to ¥3.92 billion from ¥2.28 billion, representing a growth of 72.2%[26] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 421.20 million for the first nine months[5] - Net cash flow from operating activities was negative at -¥421,197,217.99, reflecting increased bid guarantees and payments[22] - Net cash flow from financing activities increased by 1088.48% to ¥1,001,306,372.64, mainly due to funds raised from a private placement of shares[22] - Investment activities resulted in a net cash outflow of -¥815,173,508.02 for the first nine months, compared to -¥25,532,288.50 in the previous year, indicating increased investment expenditures[43] - Financing activities generated a net cash inflow of ¥1,001,306,372.64, a turnaround from a net outflow of -¥101,297,794.84 in the same period last year, showing improved financing conditions[43] - Net cash flow from operating activities for the first nine months was -¥421,197,217.99, compared to -¥312,171,395.90 in the previous year, indicating a worsening cash flow situation[42] Shareholder Information - The number of shareholders reached 29,255 by the end of the reporting period[10] - The largest shareholder, Xiangdian Group Co., Ltd., holds 34.01% of shares, with 252,819,551 shares pledged[10] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 3.88 million for the first nine months[9] - The weighted average return on net assets decreased by 1.07 percentage points to 0.49%[6] - Prepayments increased by 31.87% to ¥369,889,104.92, attributed to the recovery in the wind power sales market and payments for key components and materials[13] - Other receivables rose by 75.83% to ¥233,253,228.43, driven by the expansion of wind power system sales and increased bid guarantees[14] - Accounts receivable decreased by 35.95% to ¥590,837,142.49, mainly due to the maturity of pledged notes for financing[15] - Other current assets surged by 2562.86% to ¥829,347,574.21, primarily from idle raised funds used for financial management[16] - Intangible assets increased by 46.06% to ¥283,046,544.47, due to the acquisition of land through a private placement of shares[16] - Investment income soared by 1380.34% to ¥24,346,725.72, mainly from investment management returns[19] - Asset impairment losses rose by 423.71% to ¥38,212,760.71, primarily due to increased provisions for bad debts on long-aged receivables[20]