FOUNDERTECH(SH:600601)2014-10-24 16:00Financial Performance - Net profit attributable to shareholders increased by 125.76% to CNY 132,442,774.54 for the first nine months of the year[5] - Basic earnings per share increased by 125.84% to CNY 0.0603[5] - The company's operating profit increased by 150% to RMB 151,884,752.84, driven by higher gross margins in PCB products and reduced expenses[11] - The total profit for the first nine months was CNY 162,641,576.31, compared to CNY 72,446,808.94 in the previous year, marking a year-over-year increase of 124.4%[29] - The net profit for the first nine months of 2014 was ¥3,480,391,197.01, down from ¥3,873,880,866.11 in the previous year, indicating a decline of approximately 10.1%[28] - The net profit for the third quarter reached CNY 61,184,012.59, up from CNY 29,782,831.00 year-over-year, indicating a growth of approximately 105.5%[29] Revenue and Costs - Operating revenue decreased by 10.16% to CNY 3,480,391,197.01 for the first nine months compared to the same period last year[5] - Total operating revenue for Q3 2014 reached ¥1,367,598,719.33, an increase from ¥1,234,695,792.08 in Q3 2013, representing a growth of approximately 10.8%[28] - Total operating costs for Q3 2014 were ¥1,294,611,161.00, compared to ¥1,201,390,190.16 in the same period last year, reflecting an increase of about 7.8%[28] - The total operating costs for the third quarter were CNY 911,130.11, compared to CNY 466,275.75 in the same period last year, an increase of 95.0%[31] Cash Flow - The net cash flow from operating activities decreased by 54.16% to CNY 190,246,254.26 for the first nine months[5] - The company reported a cash decrease of ¥31,596,480.64 in the current period, contrasting with an increase of ¥127,172,149.61 in the previous year[39] - The cash flow from operating activities for the first nine months was CNY 190,246,254.26, down from CNY 415,061,355.61 in the previous year, a decrease of approximately 54.2%[36] - Net cash flow from operating activities amounted to ¥455,439,458.63, up from ¥333,502,217.40, indicating a year-over-year increase of about 36.5%[38] Assets and Liabilities - Total assets increased by 4.72% to CNY 6,673,215,920.45 compared to the end of the previous year[5] - Total liabilities increased to ¥2,228,214,538.47 from ¥2,037,906,524.84, representing a rise of approximately 9.3%[22] - The company reported a total of ¥1,598,461,423.27 in current assets, up from ¥1,280,623,752.71, indicating a growth of about 24.8%[25] - The total owner's equity as of September 30, 2014, was ¥4,445,001,381.98, compared to ¥4,334,370,364.87 at the beginning of the year, showing an increase of approximately 2.6%[22] Shareholder Information - The total number of shareholders reached 248,649 at the end of the reporting period[7] - The largest shareholder, Peking University Founder Information Industry Group Co., Ltd., holds 11.65% of the shares[7] Investments and Acquisitions - The company successfully acquired 100% equity of Founder Broadband for RMB 751.79 million and 100% equity of Founder International for RMB 823.33 million[12] - The company plans to issue up to 500 million A-shares to specific investors, pending regulatory approval[13] Inventory and Receivables - Accounts receivable increased by 42% to RMB 14,063,987.35, primarily due to increased receivables from PCB business waste materials[11] - Inventory rose by 52% to RMB 565,497,600.22, mainly due to increased stockpiling in the PCB business[11] - Prepayments surged by 2,421% to RMB 84,420,921.37, indicating a significant increase in advance payments received[11] Financial Expenses and Tax - The company’s financial expenses decreased by 53% to RMB 10,323,318.62, primarily due to reduced interest expenses and a shift from exchange losses to gains[11] - The company’s income tax expense rose by 119% to RMB 30,198,801.77, reflecting increased profitability[11]