XCEP(SH:600505)2014-10-28 16:00Financial Performance - Operating revenue for the first nine months was CNY 538,404,296.78, an increase of 11.43% year-on-year[8] - Net profit attributable to shareholders for the first nine months was CNY 50,054,762.23, a decrease of 36.95% compared to the same period last year[8] - Basic earnings per share for the reporting period was CNY 0.1373, down 36.96% from CNY 0.2178 in the previous year[9] - Total operating revenue for Q3 was ¥219,732,866, an increase of 22.8% compared to ¥178,952,500 in the same period last year[35] - Net profit for Q3 was ¥47,315,088, a decrease of 23% from ¥61,550,996 in the same quarter last year[36] - Total profit for Q3 was ¥55,951,333, down 23.7% from ¥73,374,929 in the previous year[36] - Investment income of ¥3,239,874 for Q3, compared to a loss of ¥2,000,694 in the same period last year[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,869,611,961.45, a decrease of 0.28% compared to the end of the previous year[8] - Total liabilities decreased to CNY 862,830,932.25 from CNY 905,750,244.31, reflecting a decline of about 4.7%[28] - Current liabilities totaled CNY 562,808,344.43, showing a marginal increase from CNY 559,677,219.34[28] - Non-current liabilities decreased to CNY 300,022,587.82 from CNY 346,073,024.97, indicating a reduction of approximately 13.3%[28] - The company's long-term equity investments decreased by 13.93% compared to the beginning of the period, reflecting a reclassification of certain investments[22] Cash Flow - The company reported a net cash flow from operating activities of CNY 112,233,748.90 for the first nine months, a decrease of 2.35% year-on-year[8] - Cash flow from investment activities increased by 33.80% compared to the same period last year, driven by increased cash inflows from recoveries and reduced payments for construction projects[18] - Cash inflow from investment activities for the first nine months of 2014 was CNY 99,655,166.03, significantly higher than CNY 37,056,868.98 in the same period last year, marking an increase of about 168.0%[49] - Cash flow from operating activities for the first nine months was ¥571,877,525, an increase from ¥521,834,126 in the previous year[43] - Net cash flow from operating activities for Q3 2014 was CNY 81,369,461.28, down from CNY 104,448,368.93 in Q3 2013, indicating a decline of about 22.1%[49] Shareholder Information - The number of shareholders at the end of the reporting period was 21,167[12] - The top three shareholders held a combined total of 15.16%, 14.82%, and 10.18% of shares respectively[12] Expenses - Financial expenses rose by 37.66% year-on-year, mainly due to increased interest expenses[17] - Management expenses decreased by 31.92% compared to the same period last year, attributed to departmental restructuring[17] - Sales expenses for Q3 were ¥4,292,526, an increase of 23.7% compared to ¥3,467,773 in the previous year[36] Inventory and Receivables - Accounts receivable increased by 77.27% to CNY 67,247,724.42 compared to the beginning of the period[15] - Inventory increased by 30.07% to CNY 2,540,574.32 compared to the beginning of the period[15] - Accounts receivable increased by 77.27% compared to the beginning of the period, primarily due to delayed collection of electricity fees[16] - Inventory grew by 30.07% compared to the beginning of the period, primarily due to the addition of spare parts[16]