CYG(SH:600525)2014-10-27 16:00Financial Performance - Operating revenue for the first nine months rose by 20.45% to CNY 2,320,407,500.23, driven by a 26.89% increase in smart grid equipment sales[9] - Net profit attributable to shareholders increased by 21.56% to CNY 253,722,230.93, primarily due to the significant rise in operating revenue[9] - Basic earnings per share rose by 21.56% to CNY 0.2938[9] - The company reported a net profit from non-operating activities of CNY 33,824,107.61 for the first nine months[11] - Total operating revenue for Q3 2014 reached ¥935,308,617.12, a 22.4% increase from ¥764,233,825.10 in Q3 2013[31] - Net profit attributable to shareholders for Q3 2014 was ¥126,752,392.22, representing a 15.7% increase compared to ¥109,546,869.99 in Q3 2013[32] - Earnings per share for Q3 2014 was ¥0.1468, compared to ¥0.1269 in Q3 2013, reflecting a 15.4% increase[32] Assets and Liabilities - Total assets increased by 12.22% to CNY 5,351,984,495.72 compared to the end of the previous year[8] - The company's current assets totaled CNY 3,337,113,837.80, up from CNY 2,933,550,890.45, indicating an increase of about 13.8%[23] - The total liabilities of the company reached CNY 2,493,851,365.10, compared to CNY 2,080,670,291.05 at the start of the year, which is an increase of about 19.9%[25] - Total assets as of the end of Q3 2014 amounted to ¥2,801,087,393.14, compared to ¥2,740,586,056.09 at the end of Q3 2013[29] - Total liabilities increased to ¥1,192,558,900.47 in Q3 2014 from ¥1,029,306,489.95 in Q3 2013, marking a 15.8% rise[29] Cash Flow - Net cash flow from operating activities decreased by 186.85% to -CNY 77,694,635.17 compared to the same period last year[8] - The company's cash and cash equivalents decreased by 39.91% to RMB 295,088,859.00 from RMB 491,082,190.63, primarily due to increased working capital requirements[16] - The company's net cash flow from operating activities turned negative at RMB -77,694,635.17, a decline of 186.85% compared to RMB 89,456,527.50 in the previous year, influenced by rising procurement and bidding guarantee deposits[16] - Cash inflow from operating activities was ¥527,269,773.04, a slight increase from ¥497,165,915.04 in the previous year[42] - Cash inflow from financing activities totaled ¥1,598,200,000.00, up from ¥1,436,027,900.00 in the previous year, marking an increase of 11.29%[39] Shareholder Information - The total number of shareholders reached 21,101 by the end of the reporting period[12] - The top ten shareholders held a combined total of 43,175,500 shares, representing 5% of the total shares[12] - The company has signed a concerted action agreement among major shareholders, indicating a unified approach in shareholder activities[14] Investment and Expenses - Operating costs increased by 22.01% to RMB 1,305,710,850.84 from RMB 1,070,191,817.78, attributed to a significant rise in sales expenses[15] - Investment income surged by 94.34% to RMB 41,891,629.98, mainly due to substantial gains from the sale of available-for-sale financial assets[16] - Total cash outflow from investment activities was ¥35,234,689.64, a decrease from ¥77,072,471.06 year-over-year[43] Equity and Return Metrics - The weighted average return on equity increased by 0.86 percentage points to 9.77%[9] - The company's equity attributable to shareholders rose to CNY 2,681,103,236.53 from CNY 2,525,076,554.50, showing an increase of approximately 6.2%[25] - The company's total equity decreased to ¥1,608,528,492.67 in Q3 2014 from ¥1,711,279,566.14 in Q3 2013, a decline of 6.0%[29]