Hundsun(SH:600570)2014-10-27 16:00Financial Performance - Operating revenue for the first nine months was CNY 770,888,662.24, representing a year-on-year increase of 19.38%[8] - Net profit attributable to shareholders for the first nine months was CNY 79,882,279.18, a decrease of 17.18% compared to the same period last year[8] - Basic and diluted earnings per share for the reporting period were both CNY 0.22, an increase of 4.76% compared to the previous year[9] - Total operating revenue for Q3 2014 reached ¥308,218,057.61, an increase of 37.25% compared to ¥224,471,782.12 in Q3 2013[33] - Net profit for the first nine months of 2014 was ¥89,492,867.76, compared to ¥43,017,800.44 for the same period in 2013, reflecting a significant increase[33] - Total profit for the first nine months of 2014 was CNY 204,919,390.67, an increase from CNY 195,053,629.99 in the same period last year[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,289,343,012.14, a decrease of 2.11% compared to the end of the previous year[8] - The company's current assets totaled RMB 1,231,693,594.82, down from RMB 1,427,439,835.31 at the beginning of the year, indicating a decline of approximately 13.7%[26] - The company's non-current assets increased to RMB 1,057,649,417.32 from RMB 911,259,961.99, reflecting an increase of approximately 16.1%[27] - Total liabilities decreased to ¥389,559,456.65 from ¥461,795,318.61 at the start of the year, indicating improved financial stability[32] Cash Flow - The company reported a net cash flow from operating activities of CNY -122,082,838.48 for the first nine months, compared to CNY -79,477,450.49 in the same period last year[8] - Cash flow from operating activities for the first nine months of 2014 was CNY 866,608,653.58, up from CNY 727,498,063.39 in the previous year[40] - The net cash flow from operating activities for Q3 2014 was -CNY 105,580,303.65, worsening from -CNY 82,566,455.18 in Q3 2013[45] - Cash inflow from investment activities totaled CNY 1,960,010,186.72 in the first nine months of 2014, compared to CNY 1,917,620,913.20 in the previous year, reflecting a growth of 2.2%[45] - The company reported a total cash outflow of CNY 82,876,403.25 for Q3 2014, contrasting with a cash inflow of CNY 7,085,597.29 in Q3 2013[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,489[12] - The largest shareholder, Hangzhou Hengsheng Electronic Group Co., Ltd., held 20.62% of the shares, totaling 127,398,928 shares[12] - The top ten shareholders included various funds and individuals, with significant changes in holdings noted for some[12] Investment and Financing Activities - Long-term borrowings increased by 184.51% to ¥46,460,000.00, indicating a rise in financing activities[15] - The company received government grants related to its normal business operations amounting to CNY 2,800,716.19 during the reporting period[10] - Total cash inflow from financing activities was CNY 30,130,000.00 in Q3 2014, significantly higher than CNY 8,375,617.54 in Q3 2013[46] Changes in Accounting and Strategy - The company reported a significant change in the accounting treatment of certain investments, moving RMB 196,079,027.65 from long-term equity investments to available-for-sale financial assets[22] - The company has committed to avoiding substantial competition with its affiliates and ensuring fair pricing in related transactions[19] - The company is actively pursuing measures to ensure compliance with legal and regulatory requirements regarding related party transactions[19]