SWEC(SH:600641)2015-10-21 16:00Financial Performance - Operating revenue increased by 73.92% to CNY 1,364,702,009.30 for the first nine months compared to the same period last year[6]. - Net profit attributable to shareholders decreased by 28.19% to CNY 188,320,952.44 for the first nine months compared to the same period last year[6]. - The net profit excluding non-recurring gains and losses increased by 393.77% to CNY 171,455,661.27 for the first nine months compared to the same period last year[6]. - Basic and diluted earnings per share decreased by 28.19% to CNY 0.2336[6]. - Total revenue for Q3 2015 reached ¥385,208,774.58, an increase of 26.2% compared to ¥305,382,992.12 in Q3 2014[27]. - Year-to-date revenue for 2015 was ¥1,364,702,009.30, up 74.0% from ¥784,669,909.25 in the same period last year[27]. - Net profit for Q3 2015 reached CNY 199,895,960.38, a turnaround from a net loss of CNY 1,322,652.11 in Q3 2014[31]. - The total profit for Q3 2015 was CNY 199,284,282.66, compared to a loss of CNY 2,332,718.79 in the previous year[31]. - Basic earnings per share for Q3 2015 were CNY 0.0473, up from CNY 0.0251 in Q3 2014, reflecting a growth of 88.5%[29]. - The company reported a total comprehensive income of CNY 49,532,145.01 for Q3 2015, compared to CNY 35,170,476.28 in Q3 2014, an increase of 40.9%[29]. Cash Flow - Net cash flow from operating activities increased by 168.70% to CNY 736,893,689.59 for the first nine months compared to the same period last year[6]. - Cash inflow from sales of goods and services reached CNY 2,089,826,526.56 for the first nine months, compared to CNY 1,357,747,567.81 in the previous year, marking an increase of approximately 54%[34]. - Cash outflow for purchasing goods and services was CNY 810,065,866.07, up from CNY 667,367,489.06, reflecting a rise of about 21.4%[35]. - Net cash flow from investing activities was negative CNY 86,532,537.56, a decrease from a positive CNY 661,711,821.11 in the same period last year[36]. - Cash flow from financing activities resulted in a net outflow of CNY 847,054,183.85, compared to a net outflow of CNY 1,364,327,930.20 in the previous year, showing an improvement of approximately 37.9%[36]. - The ending cash and cash equivalents balance was CNY 411,743,801.68, down from CNY 451,257,694.76 year-over-year[36]. - The company received CNY 796,000,000.00 in borrowings during the first nine months, compared to CNY 541,000,000.00 in the same period last year, indicating an increase of approximately 47.3%[36]. Assets and Liabilities - Total assets decreased by 4.93% to CNY 6,845,681,643.63 compared to the end of the previous year[6]. - Total liabilities decreased to ¥2,941,320,705.05 from ¥3,405,438,708.33 year-to-date[22]. - Current liabilities totaled ¥2,164,774,596.06, a decrease of 11.9% from ¥2,456,451,586.97[22]. - Non-current liabilities were reported at ¥776,546,108.99, down from ¥948,987,121.36[22]. - Owner's equity increased to ¥3,904,360,938.58 from ¥3,795,309,642.96[22]. - Accounts receivable increased by 318.88% to ¥4,293,414.66 due to an increase in property management fees[12]. - Prepayments rose by 676.41% to ¥16,813,098.84 primarily due to prepayment for project engineering costs[12]. - The company reported a significant increase in other current assets, up 323.58% to ¥216,179,714.74, mainly due to increased prepaid taxes and financial products[12]. Shareholder Information - The number of shareholders reached 60,862 at the end of the reporting period[10]. - The largest shareholder, Sanlin Wanye (Shanghai) Enterprise Group Co., Ltd., holds 50.54% of the shares and has pledged 407,460,000 shares[10]. Financial Expenses and Income - The company’s financial expenses decreased by 54.92% to ¥14,296,205.11, attributed to reduced bank borrowings[14]. - The company recorded an asset impairment loss of ¥1,181,770.96, a 860.93% increase, primarily due to provisions for bad debts[14]. - The company’s investment income dropped by 99.30% to ¥2,323,343.24, significantly impacted by the previous year's gains from subsidiary equity transfers[14]. - The financial expenses for Q3 2015 were CNY 2,476,874.21, a decrease from CNY 8,085,063.95 in Q3 2014, showing a reduction of 69.4%[31]. - The company achieved an investment income of CNY 202,274,557.11 in Q3 2015, compared to CNY 11,318,468.70 in Q3 2014, marking a substantial increase[31].