ZTT(SH:600522)2014-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 6.09 billion, a 25.92% increase from the same period last year[7] - Net profit attributable to shareholders rose by 21.94% to CNY 486.34 million compared to the previous year[7] - Basic earnings per share increased by 21.91% to CNY 0.69 per share[7] - Total operating revenue for Q3 2014 reached ¥2,151,518,199, an increase of 35.2% compared to ¥1,591,000,052 in Q3 2013[34] - Net profit for Q3 2014 was ¥128,370,549, a decrease of 29.0% from ¥180,913,483 in Q3 2013[35] - The net profit for the first nine months of 2014 reached ¥384,356,315.47, up 20.1% from ¥320,003,444.39 in the same period last year[39] - The total operating profit for Q3 2014 was ¥105,160,345.38, slightly down by 1.3% from ¥107,045,648.78 in Q3 2013[39] Asset and Liability Changes - Total assets increased by 35.08% to CNY 12.14 billion compared to the end of the previous year[7] - The company's total liabilities as of September 30, 2014, were approximately 4.05 billion RMB, compared to 3.47 billion RMB at the beginning of the year[28] - Total assets increased to ¥9,529,711,393.71 as of the end of Q3 2014, compared to ¥6,490,644,786.60 at the beginning of the year[31] - Total liabilities rose to ¥2,730,187,389.59, up from ¥2,213,046,601.40 at the start of the year[31] - The company's equity attributable to shareholders reached approximately 7.82 billion RMB, up from 5.24 billion RMB at the beginning of the year[28] Cash Flow and Investments - Net cash flow from operating activities showed a significant decline, with a net outflow of CNY 233.28 million compared to a net inflow of CNY 4.43 million in the previous year[7] - The cash flow from operating activities for the first nine months of 2014 was negative at -¥233,281,584.60, compared to -¥4,433,367.41 in the same period last year[42] - The company reported a total cash inflow from financing activities of ¥6,090,467,341.78 in the first nine months of 2014, significantly higher than ¥2,513,034,474.36 in the previous year[42] - The company’s total cash outflow from investing activities was ¥294,092,601.21 in the first nine months of 2014, compared to ¥347,787,825.05 in the previous year[42] - The investment income for the period was CNY 112.85 million, an increase of CNY 72.78 million, representing a growth of 181.66% from the sale of stocks by a subsidiary[15] Shareholder Information - The company reported a total of 58,250 shareholders at the end of the reporting period[12] - The largest shareholder, Zhongtian Technology Group Co., Ltd., holds 20.08% of the shares[12] Government Support and Subsidies - The company received government subsidies amounting to CNY 39.34 million during the reporting period[10] Project Developments - The company has made progress on its 150MW rooftop solar photovoltaic project, with 117 MW of rooftop resources secured and 13.84 MW already connected to the grid[17] - The ±200kV flexible DC submarine cable has been applied in the world's highest voltage, most endpoints, and largest single-end capacity multi-terminal flexible DC transmission project[17] - The company has developed a new underwater cable for deep-sea ROVs and other underwater equipment, which has passed product certification[18] Market Performance - In the power grid sector, the company secured orders exceeding 1.2 billion RMB for special wires and optical cables from various projects, maintaining the top market share[20] - In the telecommunications sector, the company obtained 260 million RMB in orders from China Mobile, ranking among the top three bidders[20] - In the rail transit sector, the company achieved over 200 million RMB in orders for signal cables and leakage cables, representing a year-on-year growth of over 60%[20] - The company received over 60 million RMB in orders for submarine (optical) cables[20] - In the broadcasting and television sector, the company was selected in over 20 provincial broadcasting systems, with order volume increasing by over 30% year-on-year[20] - International sales for submarine cables, optical cables, and wires generated an additional 560 million RMB in orders, with a rapid year-on-year growth in communication optical cable exports[20]