SHANYING INTERNATIONAL(SH:600567)2014-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 6.04 billion, a 41.27% increase year-on-year[8] - Net profit attributable to shareholders was CNY 172.97 million, a slight increase of 0.27% compared to the same period last year[8] - The company reported a net profit excluding non-recurring items of CNY 130.97 million, an increase of 22.64% year-on-year[9] - The net profit for the period increased by 32.93%, reaching RMB 394.08 million, up from RMB 296.45 million in the previous year[15] - Total operating revenue for Q3 2023 reached ¥2,095,946,527.77, an increase of 10.3% compared to ¥1,900,731,692.19 in Q3 2022[33] - Net profit for Q3 2023 was ¥74,507,874.24, a decrease of 15.4% from ¥88,097,976.10 in Q3 2022[35] - The company reported a total profit of ¥94,507,338.97 for Q3 2023, compared to ¥112,071,354.33 in Q3 2022, reflecting a decline of 15.7%[35] Cash Flow - Net cash flow from operating activities improved significantly to CNY 119.07 million, compared to a negative CNY 290.23 million in the previous year[8] - Cash inflow from operating activities increased significantly to ¥6,218,160,421.19, up from ¥1,797,954,000.67, representing a growth of approximately 245%[43] - The net cash flow from operating activities was ¥119,069,890.15, a turnaround from a negative cash flow of ¥290,230,847.10 in the previous year[44] - Total cash outflow from operating activities was ¥6,099,090,531.04, up from ¥2,088,184,847.77, indicating an increase of around 192%[44] Assets and Liabilities - Total assets increased by 1.91% to CNY 18.53 billion compared to the end of the previous year[8] - The company's accounts receivable decreased by 51.84%, from RMB 1.64 billion to approximately RMB 790.57 million, primarily due to the use of receivables for discounting[15] - The company’s total liabilities increased, with a notable rise in tax payables by 59.42%, from RMB 68.04 million to RMB 108.48 million[15] - Total liabilities increased to ¥12,475,370,104.57 compared to ¥12,227,918,239.85, marking a growth of 2.02%[27] - Current liabilities rose to ¥9,430,592,524.70, up from ¥8,981,573,812.66, indicating a 5.00% increase[27] - Non-current liabilities decreased to ¥3,044,777,579.87 from ¥3,246,344,427.19, reflecting a decline of 6.21%[27] Shareholder Information - The total number of shareholders reached 117,849 by the end of the reporting period[12] - The largest shareholder, Fujian Taisheng Industrial Co., Ltd., holds 33.82% of shares, with 1.27 billion shares pledged[12] Earnings Per Share - Basic and diluted earnings per share dropped by 44.44% to CNY 0.05[9] - Basic earnings per share for Q3 2023 were ¥0.02, down from ¥0.04 in Q3 2022[36] Government Support - Government subsidies recognized during the period amounted to CNY 37.93 million, contributing positively to the financial results[10] Investment and Expenses - The company’s investment income showed a significant decline of 128.20%, resulting in a loss of RMB 777,094.32 compared to a profit of RMB 2.76 million in the previous year[16] - The company's financial expenses increased by 55.97%, amounting to RMB 342.78 million, attributed to the growth in acquisition scale[15] - The financial expenses for Q3 2023 were ¥109,003,070.10, slightly up from ¥105,119,496.56 in Q3 2022[33] - The company reported a significant increase in management expenses, which rose to ¥93,398,513.83 in Q3 2023 from ¥75,561,596.05 in Q3 2022, indicating a focus on operational efficiency[33] Inventory and Receivables - Inventory rose to ¥1,797,285,585.79 from ¥1,725,084,319.70, indicating an increase of approximately 4.2%[25] - Accounts receivable increased to ¥1,501,585,590.02 from ¥1,165,193,018.78, showing a growth of about 28.8%[25]