SCIE(SH:600546)2014-10-30 16:00Financial Performance - Operating revenue decreased by 31.57% to CNY 49.01 billion for the first nine months of the year[7] - Net profit attributable to shareholders decreased by 78.73% to CNY 71.60 million for the first nine months[7] - Basic and diluted earnings per share dropped by 76.47% to CNY 0.04[8] - The company reported a net profit of CNY 36.72 million after deducting non-recurring gains and losses, down 86.43% year-on-year[7] - Total operating revenue for Q3 2014 was CNY 13,755,169,752.77, a decrease from CNY 23,804,064,133.40 in Q3 2013, representing a decline of approximately 42.4%[28] - Net profit for Q3 2014 was ¥59.59 million, compared to ¥125.13 million in Q3 2013, reflecting a decline of 52.3%[29] - Total revenue for the first nine months of 2014 was ¥1.07 billion, down 21.6% from ¥1.36 billion in the same period last year[32] - Operating costs for the first nine months of 2014 were ¥953.21 million, a decrease from ¥1.29 billion in the previous year[32] Assets and Liabilities - Total assets increased by 13.58% to CNY 52.30 billion compared to the end of the previous year[7] - Cash and cash equivalents increased by 49.65% to RMB 3,965,314,428.61 from RMB 2,649,806,178.36 at the beginning of the period[12] - Inventory rose by 43.03% to RMB 6,015,317,639.49, primarily due to an increase in non-coal products from subsidiaries[12] - The company's long-term borrowings decreased by 36.60% to RMB 2,566,227,821.54, due to an increase in long-term liabilities maturing within one year[12] - The total liabilities due within one year increased by 196.97% to RMB 4,691,558,917.64, reflecting a rise in long-term debt maturing within the year[12] - Total liabilities increased to CNY 24,460,371,487.84 from CNY 17,738,364,346.22, marking a rise of about 37.5%[25] - Shareholders' equity totaled CNY 7,822,588,095.16, up from CNY 7,655,667,465.12, representing a growth of approximately 2.2%[25] Cash Flow - Net cash flow from operating activities increased by 328.20% to CNY 919.93 million year-to-date[7] - Cash flow from operating activities for the first nine months of 2014 was ¥919.93 million, a significant increase from ¥214.83 million in the same period last year[38] - The net cash flow from operating activities for the first nine months of 2014 was CNY 947,634,667.86, a significant improvement compared to a negative cash flow of CNY -554,505,643.85 in the same period last year[42] - Total cash inflow from financing activities reached CNY 14,288,379,193.05, up from CNY 12,183,652,050.82 year-over-year[41] - The company reported a net increase in cash and cash equivalents of CNY 650,629,565.63, contrasting with a decrease of CNY -628,299,108.56 in the previous year[42] Shareholder Information - The total number of shareholders reached 69,047 by the end of the reporting period[10] - The largest shareholder, Shanxi Coal Import and Export Group Co., Ltd., holds 57.43% of the shares[10] Strategic Focus - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company has indicated that it will continue to focus on market expansion and the development of new technologies in the coal industry[14] - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[28] Other Financial Metrics - The weighted average return on equity decreased by 3.28 percentage points to 0.89%[7] - The company's sales expenses decreased by 38.02% to RMB 225,953,994.76, mainly due to reduced revenue and changes in settlement methods[12] - The company’s financial expenses for the first nine months of 2014 were ¥121.69 million, down from ¥149.74 million in the previous year[33]