TDTEC(600582)2014-10-27 16:00Financial Performance - Operating income for the first nine months decreased by 7.14% to CNY 7.61 billion compared to the same period last year[9] - Net profit attributable to shareholders increased by 9.82% to CNY 567.31 million year-over-year[9] - Basic earnings per share rose by 9.62% to CNY 0.467 per share[10] - Operating revenue decreased by 58,457 million RMB, a decline of 7.14%, attributed to reduced coal trading volume and slight shrinkage in coal machinery product sales[20] - Net profit attributable to the parent company increased by 5,073 million RMB, a growth of 9.82%, mainly due to increased profits from Tian Di Wang Po[21] - Total operating revenue for Q3 2014 was ¥2,619,327,092.02, a decrease of 5.8% compared to ¥2,780,020,701.29 in Q3 2013[47] - Net profit for Q3 2014 reached ¥303,045,016.42, an increase of 23.1% from ¥245,913,312.09 in Q3 2013[48] - Basic earnings per share for Q3 2014 were ¥0.177, compared to ¥0.158 in Q3 2013, reflecting a growth of 12.1%[49] - Total profit for the period was ¥140,197,234.15, an increase of 23.3% from ¥113,686,910.14 in Q3 last year[52] Assets and Liabilities - Total assets increased by 3.55% to CNY 19.60 billion compared to the end of the previous year[9] - The company's total liabilities as of September 30, 2014, were CNY 9,078,061,194.41, compared to CNY 9,040,467,839.91 at the beginning of the year[40] - Total assets as of the end of Q3 2014 amounted to ¥4,837,323,569.74, an increase from ¥4,667,768,879.97 at the end of Q3 2013[44] - Total liabilities decreased to ¥2,229,547,094.07 from ¥2,243,923,581.17 year-over-year[44] - The company's total equity reached CNY 10,520,375,998.99 as of September 30, 2014, up from CNY 9,886,916,440.71 at the beginning of the year[40] - The company's total equity increased to ¥2,607,776,475.67, up from ¥2,423,845,298.80 in the previous year[44] Cash Flow - Net cash flow from operating activities improved significantly to CNY 72.50 million, compared to a negative CNY 505.35 million in the same period last year[9] - Cash flow from operating activities generated a net cash inflow of ¥72,500,063.99, a significant improvement from a net outflow of ¥505,354,206.39 in the same period last year[56] - Cash inflow from operating activities totaled $1,087,917,683.60, a decrease of 14.8% compared to $1,277,556,064.44 in the same period last year[59] - Net cash flow from operating activities was -$204,809,849.21, worsening from -$63,510,117.66 year-over-year[59] - Total cash outflow from operating activities was $1,292,727,532.81, slightly down from $1,341,066,182.10 year-over-year[59] Investments and Financing - The company plans to issue shares to acquire 100% equity of three research institutes from its controlling shareholder, pending regulatory approval[24] - Financial expenses increased by 1,836 million RMB, a rise of 43.39%, due to an expansion in the company's financing scale[20] - Cash inflow from financing activities was $208,000,000.00, compared to $145,700,000.00 in the same period last year, reflecting an increase of 42.6%[60] - Net cash flow from financing activities was -$7,796,292.56, an improvement from -$145,842,958.20 year-over-year[60] Shareholder Information - The total number of shareholders reached 26,193 by the end of the reporting period[13] - The largest shareholder, China Coal Technology & Engineering Group, holds 61.90% of the shares[13] Other Financial Metrics - The weighted average return on net assets decreased by 0.22 percentage points to 9.30%[10] - The company received government subsidies amounting to CNY 81.57 million during the reporting period[11] - Accounts receivable increased by 166,891 million RMB, a growth of 35.04%, primarily due to tight cash flow among major customers in the coal industry[17] - Investment properties increased by 7,924 million RMB, a growth of 477.93%, mainly due to the acceptance of properties for rental purposes[18] - The company reported a significant reduction in employee compensation payable, which decreased to ¥198,324,514.74 from ¥330,399,200.28[44] - The company’s investment income showed a loss of ¥1,267,993.65 in Q3 2014, compared to a gain of ¥3,500,161.85 in Q3 2013[48] - The company’s management expenses decreased to ¥50,380,525.74, a reduction of 22.4% compared to ¥64,979,445.53 in the same period last year[51]