SWEC(SH:600641)2014-10-23 16:00Financial Performance - Operating income decreased by 21.34% to CNY 784,669,909.25 for the year-to-date period[8] - Net profit attributable to shareholders increased by 86.53% to CNY 262,264,081.23 for the year-to-date period[8] - Basic earnings per share increased by 86.53% to CNY 0.3253[8] - Total operating revenue for Q3 2014 was approximately ¥305.38 million, a decrease of 46% compared to ¥563.97 million in Q3 2013[32] - Net profit for Q3 2014 was approximately ¥34.81 million, a decline of 49% from ¥68.54 million in Q3 2013[33] - Total profit for Q3 2014 was approximately ¥48.58 million, down 53.6% from ¥104.60 million in Q3 2013[33] - Comprehensive income for Q3 2014 was approximately ¥35.17 million, compared to ¥49.50 million in Q3 2013, indicating a decrease of 29%[33] Assets and Liabilities - Total assets decreased by 12.38% to CNY 7,028,835,863.60 compared to the end of the previous year[8] - Total liabilities decreased from CNY 5,243,915,441.72 to CNY 3,420,748,504.64, a reduction of about 34.73%[25] - Current liabilities decreased from CNY 3,515,476,509.36 to CNY 1,774,044,594.74, a decrease of approximately 49.5%[25] - Cash and cash equivalents decreased from CNY 571,961,003.99 to CNY 179,900,300.54, a decline of about 68.6%[28] - The company's accounts payable decreased from CNY 480,723,976.26 to CNY 250,266,538.52, a reduction of approximately 47.96%[25] - The company's long-term receivables decreased by 55.64% to CNY 9,593,062.62, due to changes in the consolidation scope of subsidiaries[14] Shareholder Information - The total number of shareholders reached 70,300[10] - The largest shareholder, Sanlin Wanye (Shanghai) Enterprise Group, holds 50.54% of the shares[10] Cash Flow - Net cash flow from operating activities decreased by 56.35% to CNY 274,245,433.26 for the year-to-date period[8] - Operating cash flow decreased by 56.35% to CNY 274,245,433.26, mainly due to increased tax payments compared to the previous year[17] - Cash inflow from operating activities for the first nine months reached ¥1,390,011,505.69, a decrease of 7.2% compared to ¥1,498,587,549.83 in the previous year[40] - Cash outflow from financing activities totaled ¥1,922,917,901.81, compared to ¥902,959,347.99 in the previous year, indicating a 113.4% increase[42] - The company reported a net decrease in cash and cash equivalents of ¥428,477,704.17, contrasting with an increase of ¥792,420,557.34 in the previous year[42] Investment Activities - Investment income surged by 18,042.33% to CNY 331,159,837.29, resulting from the transfer of equity in subsidiaries[16] - The company reported a net cash inflow from investment activities of CNY 661,711,821.11, mainly from the disposal of subsidiary equity[17] - Total cash inflow from investment activities amounted to ¥1,173,396,025.32, significantly up from ¥391,295,300.99 in the same period last year[42] - Net cash flow from investment activities was ¥661,711,821.11, an increase of 89.5% compared to ¥349,461,045.29 in the previous year[42] Expenses - Sales expenses increased by 152.29% to CNY 41,336,842.90, reflecting enhanced marketing efforts across various projects[16] - The company incurred sales expenses of approximately ¥9.69 million in Q3 2014, an increase of 23.6% from ¥7.83 million in Q3 2013[32]