CTM(SH:600711)2014-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 64.41% to CNY 87,335,860.42 for the first nine months of the year[7]. - Operating revenue surged by 199.53% to CNY 2,328,718,545.82 year-on-year[7]. - The company reported a net profit excluding non-recurring gains and losses of CNY 88,909,729.02, up 76.43% year-on-year[7]. - The company reported a net profit margin improvement, with net profit for the year-to-date reaching ¥145,222,558.39, compared to ¥91,502,537.49 in the previous year[27]. - The net profit for Q3 2014 was CNY 73,637,217.06 million, compared to CNY 58,055,265.34 million in Q3 2013, reflecting an increase of about 26.8%[34]. - The total profit for Q3 2014 was CNY 89,597,057.59 million, up from CNY 64,579,412.85 million in the previous year, indicating a growth of approximately 38.8%[34]. - The basic earnings per share for Q3 2014 was CNY 0.05, consistent with the previous quarter and up from CNY 0.04 in Q3 2013[34]. Assets and Liabilities - Total assets increased by 32.99% to CNY 5,211,459,486.89 compared to the end of the previous year[7]. - The total liabilities increased to ¥1,602,630,637.72 from ¥1,424,996,322.76, marking an increase of about 12.5%[27]. - The equity attributable to shareholders rose to ¥3,539,536,839.61, compared to ¥2,432,685,076.95 at the beginning of the year, showing an increase of approximately 45.6%[28]. - The total assets as of September 30, 2014, amounted to ¥5,211,459,486.89, up from ¥3,918,769,475.45 at the beginning of the year, reflecting a growth of approximately 33%[28]. Cash Flow - The net cash flow from operating activities decreased significantly by 973.25% to -CNY 430,451,781.05[7]. - Cash and cash equivalents decreased by approximately 106.48 million compared to the beginning of the year, mainly due to the growth of the subsidiary's metal comprehensive trading and financial services businesses and increased payments for notes payable[15]. - Net cash flow from operating activities decreased by approximately 47.97 million compared to the same period last year, mainly due to increased cash outflows from the rapid growth of the subsidiary's businesses[16]. - The cash flow from operating activities for the first nine months of 2014 was CNY 2,717,400,344.90, significantly higher than CNY 692,299,847.66 in the same period last year, marking an increase of approximately 292.5%[38]. - The total cash outflow from operating activities in Q3 2014 was CNY 3,168,233,654.29 million, compared to CNY 653,124,142.47 million in the previous year, representing a significant increase[39]. - The company reported a net increase in cash and cash equivalents of 68,525,109.75 RMB, contrasting with a decrease of -2,329,061.18 RMB in the same period last year[44]. Shareholder Information - The total number of shareholders reached 85,397 by the end of the reporting period[12]. - The largest shareholder, Shenzhen Shengtun Group Co., Ltd., holds 16.55% of the shares, totaling 247,821,843 shares[12]. Investments and Acquisitions - Goodwill increased by approximately 126.57 million compared to the beginning of the year, primarily due to the acquisition of Huajin Mining[15]. - The company recorded a loss from the disposal of non-current assets amounting to -CNY 2,093,908.70 for the year-to-date[11]. - The company paid 942,015,421.00 RMB for investments, a significant rise from 20,654,000.00 RMB in the previous year[44]. - The company’s long-term investments increased to ¥47,690,112.81 from ¥107,994,297.97, indicating a strategic shift in investment focus[26]. Revenue and Costs - Revenue increased by approximately 155.13 million compared to the same period last year, driven by sales growth in the subsidiary's metal comprehensive trading business and the newly acquired Huajin Mining[16]. - Operating costs increased by approximately 145.25 million compared to the same period last year, corresponding to the increase in revenue[16]. - Total operating revenue for Q3 2014 reached ¥1,013,849,526.39, a significant increase from ¥436,901,442.12 in Q3 2013, representing a growth of approximately 132.5%[32]. - Total operating costs for Q3 2014 were ¥924,109,302.06, compared to ¥371,081,008.27 in Q3 2013, indicating an increase of about 148.5%[32].