SANYUAN(SH:600429)2014-10-29 16:00Financial Performance - Operating revenue for the first nine months rose by 24.26% to CNY 3,435,440,470.09 year-on-year[7] - Net profit attributable to shareholders reached CNY 111,485,861.99, a significant recovery from a loss of CNY 86,581,774.23 in the previous year[7] - The weighted average return on net assets improved by 11.89 percentage points to 6.97%[7] - The company reported a basic earnings per share of CNY 0.1260, recovering from a loss of CNY 0.0978 per share in the previous year[7] - Total operating revenue for the period (July-September) reached ¥1,186,683,901, an increase of 30% compared to ¥913,672,676 in the same period last year[43] - The net profit attributable to the parent company was a loss of ¥67,572,121.70, compared to a loss of ¥48,545,687.21 in the same period last year[45] - The company reported an operating profit loss of ¥73,544,496.07 for the quarter, worsening from a loss of ¥61,472,461.88 in the previous year[45] - Total comprehensive income for the period was a loss of ¥73,533,681.06, compared to a loss of ¥61,337,723.95 in the previous year[45] Assets and Liabilities - Total assets increased by 20.56% to CNY 4,239,876,401.67 compared to the end of the previous year[7] - Cash and cash equivalents increased by 46.72% to ¥361,743,520.73 due to increased sales collections and loans[15] - Other receivables surged by 9068.81% to ¥470,778,390.87, primarily from land reserve receivables in Hebei[15] - Inventory rose by 71.16% to ¥615,944,065.36, mainly due to an increase in semi-finished and finished products[15] - The company's total equity rose to CNY 1,770,845,154.34 from CNY 1,670,158,264.52, indicating a growth of about 6.0%[36] - Current liabilities rose to CNY 1,747,152,897.04 from CNY 1,305,135,400.40, an increase of about 33.9%[36] - Non-current liabilities increased to CNY 721,878,350.29 from CNY 541,422,444.08, reflecting a growth of approximately 33.4%[36] - The total liabilities reached CNY 2,469,031,247.33, up from CNY 1,846,557,844.48, marking an increase of around 33.8%[36] Cash Flow - Net cash flow from operating activities decreased by 129.02% to -CNY 20,652,086.40 compared to the same period last year[7] - Cash inflow from sales of goods and services increased to ¥3,615,727,398.95, up 20.7% from ¥2,997,179,161.80 in the same period last year[52] - Cash inflow from investment activities totaled ¥193,068,507.32, significantly higher than ¥43,081,639.23 in the prior year[53] - Cash outflow for investment activities increased to ¥279,616,560.79, compared to ¥137,030,914.26 in the same period last year[53] - Net cash flow from financing activities improved to ¥222,607,615.57, up from ¥3,339,160.23 in the previous year[53] - The company reported a net increase in cash and cash equivalents of ¥115,193,789.30, contrasting with a decrease of ¥20,342,204.14 in the same period last year[53] Shareholder Information - The total number of shareholders reached 30,366, indicating a broadening shareholder base[11] - The largest shareholder, Beijing Enterprises (Dairy) Limited, holds 36.93% of the shares[11] Investments and Projects - The company plans to invest approximately ¥15 billion in a modern milk powder processing plant with an annual capacity of 50,000 tons in Beijing[18] - A new subsidiary, Shanghai Sanyuan Dairy Co., Ltd., was established to handle product distribution in East China, with a registered capital of ¥3 million[19] - The company approved a project to relocate and upgrade its Hebei Sanyuan facility, with an investment of approximately ¥16 billion[20] - The company plans to raise up to ¥400 million through a private placement to fund the milk powder processing plant and supplement working capital[21] Other Financial Information - The report indicates that the financial statements have not been audited, which may affect the reliability of the reported figures[8] - The company has not disclosed any significant new product developments or market expansion strategies in this report[13] - The company anticipates no significant impact on its financial status or operating results from the adjustments to employee compensation standards[28] - The company will disclose the specific impacts of accounting policy changes in the annual report for 2014[28]