LZCIC(SH:600423)2014-10-28 16:00Financial Performance - Net profit attributable to shareholders of the listed company decreased by 18.73% to CNY 1,282,117,953.27 compared to the end of the previous year[8] - Operating income for the first nine months was CNY 2,328,417,392.98, a decrease of 1.14% compared to the same period last year[8] - The company reported a net loss attributable to shareholders of CNY -9,296,999.33 for the third quarter[8] - The net profit for the reporting period was -¥9,296,999.33, an improvement from -¥33,258,809.74 in the same period last year, indicating a recovery in operational performance[15] - The company reported a total profit of -¥4,724,858.16, showing a significant improvement compared to -¥26,902,327.97 in the previous year[15] - Net profit for the third quarter was ¥9,562,619.19, a significant recovery from a net loss of ¥15,253,982.74 in the previous year[31] - The company reported a total profit of ¥11,104,936.11 for the quarter, compared to a loss of ¥11,038,913.44 in the previous year[31] Cash Flow - Net cash flow from operating activities increased by 58.65% to CNY 453,878,654.50 for the first nine months compared to the same period last year[8] - Cash flow from operating activities for the year-to-date reached ¥453,878,654.50, an increase of 58.6% compared to ¥286,079,202.60 in the previous year[36] - Cash inflow from financing activities amounted to ¥2,282,810,000.00, up 16.3% from ¥1,963,800,000.00 in the previous year[37] - Net cash flow from financing activities was ¥248,612,954.15, a significant improvement from -¥294,722,537.30 in the same period last year[37] Assets and Liabilities - Total assets increased by 4.76% to CNY 5,482,733,154.39 compared to the end of the previous year[8] - Total current assets increased to CNY 2,051,297,268.64 from CNY 1,738,059,441.70, representing a growth of approximately 18%[21] - Total liabilities increased to CNY 4,200,615,201.12 from CNY 3,617,135,319.41, marking an increase of about 16.1%[23] - The company's total equity decreased to CNY 1,282,117,953.27 from CNY 1,616,590,154.27, a decline of about 20.7%[23] Shareholder Information - The total number of shareholders reached 32,411 by the end of the reporting period[12] - The largest shareholder, Liuzhou Chemical Industry Group Co., Ltd., held 36.30% of the shares, totaling 144,958,192 shares[13] Investments and Acquisitions - The company completed the acquisition of 95.5% of Hunan Zhongcheng Chemical Co., Ltd. for ¥230,183,000 and 95% of Dongguan Zhenhua Taifeng Industrial Development Co., Ltd. for ¥46,615,200[16] - The company’s investment income dropped to zero from ¥20,137,672.52 in the previous year due to the sale of a subsidiary[15] Operational Efficiency - The company's management reported a focus on cost control and efficiency improvements to enhance profitability moving forward[31] - The company plans to expand its market presence and invest in new product development to drive future growth[31] Revenue and Costs - Total operating revenue for the third quarter was ¥818,576,250.07, an increase of 12.4% compared to ¥728,130,263.28 in the same period last year[30] - Total operating costs amounted to ¥810,268,618.83, up from ¥765,982,312.79, reflecting a year-over-year increase of 5.8%[30] - Year-to-date total operating costs were ¥2,337,585,747.05, down from ¥2,410,665,281.29, indicating a decrease of 3.0%[30]