LNCD(SH:600739)2014-10-28 16:00Financial Performance - Operating revenue for the first nine months decreased by 1.50% to CNY 6.61 billion compared to the same period last year[6] - Net profit attributable to shareholders increased by 6.02% to CNY 686.75 million year-on-year[6] - Total operating revenue for Q3 2014 was ¥2,099,927,151.36, a decrease of 14% compared to ¥2,441,598,002.02 in Q3 2013[34] - Total operating costs for Q3 2014 were ¥1,980,273,037.62, down 16% from ¥2,365,581,581.84 in the same period last year[34] - Net profit for Q3 2014 reached ¥378,639,345.62, an increase of 47% from ¥257,671,668.05 in Q3 2013[35] - Total profit for Q3 2014 was ¥410,590,112.83, compared to ¥278,885,300.83 in Q3 2013, marking a growth of 47%[35] - Comprehensive income for Q3 2014 was ¥455,540,179.79, an increase of 92% from ¥237,959,453.25 in Q3 2013[35] Assets and Liabilities - Total assets increased by 4.15% to CNY 18.63 billion compared to the end of the previous year[6] - Current assets decreased to ¥4.41 billion from ¥4.93 billion, a decline of about 10.4%[26] - Non-current assets rose to ¥14.22 billion from ¥12.97 billion, an increase of approximately 9.7%[26] - Total liabilities decreased to ¥4.67 billion from ¥5.60 billion, a reduction of about 16.6%[27] - Short-term borrowings reduced significantly from ¥600.19 million to ¥373.34 million, a decrease of approximately 37.7%[27] - Long-term borrowings increased to ¥365.50 million from ¥300.00 million, an increase of about 21.8%[27] Shareholder Information - The number of shareholders reached 115,825, with the largest shareholder holding 11.88% of the shares[9] - Owner's equity rose to ¥13.97 billion from ¥12.29 billion, reflecting an increase of approximately 13.6%[28] - The company completed a non-public stock issuance in 2014, raising a total of ¥861.90 million, increasing the total share capital from 1,364,709,816 shares to 1,429,709,816 shares[13] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 17.38 million, recovering from a loss of CNY 227.37 million in the previous year[6] - Operating cash inflow for the year-to-date reached CNY 6,657,014,388.61, an increase of 10% compared to CNY 6,052,517,106.21 in the previous year[40] - Net cash flow from operating activities was CNY 17,380,089.64, a significant improvement from a net outflow of CNY 227,371,637.02 in the same period last year[40] - Cash inflow from investment activities totaled CNY 615,656,496.74, up from CNY 360,813,656.58 year-on-year[41] - Cash inflow from financing activities amounted to CNY 3,909,771,100.00, an increase from CNY 3,351,415,400.00 in the prior year[41] Capital and Reserves - Net assets attributable to shareholders rose by 14.00% to CNY 13.20 billion year-on-year[6] - The company's capital reserve increased to ¥2,740,743,923.85, a rise of 46.24% compared to the previous year[12] - The company reported a significant increase in capital reserve from ¥1.87 billion to ¥2.74 billion, a growth of about 46.2%[28] - The company’s retained earnings increased to ¥8.33 billion from ¥7.64 billion, an increase of approximately 9.0%[28] Accounting and Policy Changes - The adjustment of accounting policies did not affect the total assets, liabilities, net assets, or net profit for the year 2013[18] - The company reported a decrease in total liabilities by ¥447 million and an increase in capital reserve by ¥1.788 billion due to changes in long-term equity investment accounting standards[21] - The company is committed to adhering to new accounting standards without impacting its financial results or requiring retrospective adjustments[23] Investment Income - Investment income for Q3 2014 was ¥285,497,526.45, a significant increase of 42% compared to ¥200,916,444.27 in Q3 2013[34] - Operating income from non-operating activities rose to ¥17,374,318.07, marking a 44.83% increase compared to the same period last year[12]