FARATRONIC(SH:600563)2014-10-30 16:00Financial Performance - Operating income for the first nine months was CNY 1,080,856,400.33, representing a year-on-year growth of 14.52%[10] - Net profit attributable to shareholders for the first nine months was CNY 224,970,997.59, up 16.03% from the same period last year[10] - Basic earnings per share increased to CNY 1.01, reflecting a growth of 16.09% compared to CNY 0.87 in the previous year[10] - The total profit for the first nine months of 2014 was CNY 281,177,261.82, up from CNY 242,764,840.48 in the same period last year, reflecting a growth of 15.8%[29] - Net profit for Q3 2014 reached CNY 77,816,848.19, up 4.2% from CNY 74,709,914.71 in the same period last year[29] - Earnings per share (EPS) for Q3 2014 was CNY 0.33, compared to CNY 0.31 in Q3 2013, reflecting a growth of 6.5%[29] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 202,286,432.41, a decrease of 9.29% year-on-year[8] - Operating cash inflow for the first nine months of 2014 was CNY 1,011,095,794.69, an increase of 13.9% compared to CNY 887,613,505.23 in the same period last year[34] - Total cash outflow from operating activities was CNY 808,809,362.28, up from CNY 664,599,752.23, resulting in a net cash flow from operating activities of CNY 202,286,432.41, down from CNY 223,013,753.00[34] - Cash inflow from financing activities was CNY 13,000,000.00, compared to CNY 10,644,651.88 last year, while cash outflow was CNY 172,710,977.79, resulting in a net cash flow from financing activities of -CNY 159,710,977.79[35] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,942,239,379.85, an increase of 3.09% compared to the end of the previous year[8] - Total liabilities decreased to CNY 221,173,765.62 from CNY 232,506,900.24, reflecting a reduction of approximately 4.4%[23] - Owner's equity increased to CNY 1,721,065,614.23 from CNY 1,651,512,840.80, representing a growth of about 4.2%[23] - Non-current assets totaled CNY 527,501,590.72, up from CNY 473,385,282.38, reflecting an increase of about 11.4%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,618[12] - The largest shareholder, Xiamen Fala Development Co., Ltd., held 37.33% of the shares, with no changes during the reporting period[13] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 1,134,880.07 during the first nine months, which are closely related to its normal business operations[9] - Investment income increased by 57.03% to RMB 3,622,663.98 million, primarily due to higher returns from wealth management products[18] Changes in Financial Position - The company's financial assets decreased by 97.66% to RMB 47,348.46 million, primarily due to the settlement of forward foreign exchange contracts[16] - Interest receivables dropped by 86.20% to RMB 1,158,500 million, attributed to increased wealth management products reducing bank deposits[17] - Other receivables decreased by 81.50% to RMB 868,904.89 million, mainly due to the recovery of export tax rebates from a subsidiary[18] - The company's intangible assets increased by 260.57% to RMB 60,913,793.04 million, due to the acquisition of land use rights in Xiamen[18] - Short-term borrowings rose by 160.00% to RMB 13,000,000 million, driven by increased working capital loans from a subsidiary[18] Future Plans - The company plans to implement new accounting standards starting July 1, 2014, which will not affect the financial statement amounts for 2013 and the current period[20] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[27]