CCEG(SH:600697)2014-10-24 16:00Financial Performance - Net profit attributable to shareholders increased by 19.48% to CNY 185,178,182.89 for the first nine months of the year[7]. - Operating revenue for the first nine months rose by 11.26% to CNY 8,362,134,698.79 compared to the same period last year[7]. - Basic and diluted earnings per share increased by 19.59% to CNY 1.16[7]. - Total operating revenue for Q3 2014 was approximately ¥2.61 billion, an increase of 10.45% compared to ¥2.37 billion in Q3 2013[25]. - Operating profit for Q3 2014 reached approximately ¥129.80 million, up 34.56% from ¥96.47 million in Q3 2013[26]. - Net profit attributable to shareholders for Q3 2014 was approximately ¥68.74 million, representing a 21.66% increase from ¥56.89 million in Q3 2013[26]. - Total profit of approximately ¥138.47 million for Q3 2014, a 42.36% increase from ¥97.29 million in Q3 2013[26]. - The company’s total comprehensive income for Q3 2014 was approximately ¥103.70 million, up 44.49% from ¥71.77 million in Q3 2013[26]. Assets and Liabilities - Total assets increased by 22.77% to CNY 11,635,015,294.80 compared to the end of the previous year[7]. - Current assets reached CNY 4.59 billion, a significant increase from CNY 3.02 billion at the start of the year, reflecting a growth of about 52%[19]. - The company's total liabilities amounted to CNY 8.99 billion, compared to CNY 7.56 billion at the beginning of the year, which is an increase of approximately 18.9%[20]. - The company’s total liabilities to equity ratio stands at approximately 3.39, indicating a leverage increase compared to the previous period[20]. - The company’s total liabilities increased significantly, with long-term borrowings rising by 196.11% to ¥799,500,000.00[14]. Cash Flow - Net cash flow from operating activities decreased by 94.61% to CNY 12,787,867.22 year-to-date[7]. - Cash inflow from operating activities for the first nine months reached ¥10,024,918,454.82, an increase of 11.8% compared to ¥8,961,977,922.49 in the previous year[31]. - Cash inflow from financing activities increased to ¥3,630,000,000.00, compared to ¥1,826,350,000.00 in the previous year, with net cash flow from financing activities at ¥1,543,392,336.43[32]. - The company reported a net cash flow from operating activities of -¥312,914,794.45 for the first nine months, an improvement from -¥439,982,366.89 last year[34]. Shareholder Information - The total number of shareholders reached 7,541 at the end of the reporting period[11]. - The largest shareholder, Changchun Automobile City Commercial Company, holds 22.83% of the shares[11]. Investments and Expenses - The company received government subsidies amounting to CNY 12,778,531.36 during the reporting period[9]. - The company’s financial expenses rose by 80.98% to ¥130,222,523.18 as a result of increased short-term and long-term borrowings[15]. - Long-term equity investments surged by 193.29% to ¥162,597,511.79 following the acquisition of shares in Zhengzhou Department Store[14]. - The company reported a decrease in non-operating income, totaling CNY 3,675,659.99 for the first nine months[10]. Inventory and Receivables - Accounts receivable increased by 67.50% to ¥2,237,059.21 due to increased customer card payments[14]. - Inventory rose by 61.26% to ¥2,320,467,280.20 driven by increased investment in real estate development and expanded business scale[14]. - The company’s inventory turnover ratio improved, reflecting efficient management of stock levels amid business expansion[14]. - The company reported a significant decrease in other current assets by 45.66% to ¥9,475,177.57, indicating a reduction in cash equivalents[14]. - The company’s prepayments increased by 90.26% to ¥1,124,483,073.62, reflecting advance payments for new business ventures[14].