SYP(SH:600819)2014-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 2,161,966,278.10, an increase of 8.65% year-on-year[8] - Net profit attributable to shareholders for the first nine months was CNY 35,604,454.40, a decrease of 59.50% compared to the same period last year[8] - Basic earnings per share for the reporting period were CNY 0.04, a decrease of 66.67% compared to CNY 0.12 in the same period last year[9] - Operating profit turned negative at CNY -34,306,907.06 compared to a profit of CNY 24,810,677.19 in the same period last year[15] - The net profit for the first nine months of 2014 reached CNY 77,118,293.13, compared to CNY 59,078,088.40 in the previous year, indicating a year-on-year increase of 30.6%[36] - The total profit for Q3 2014 was CNY 51,470,858.08, a significant recovery from a loss of CNY 26,545.03 in the same period last year[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,745,048,674.12, a decrease of 2.60% compared to the end of the previous year[8] - The total assets as of September 30, 2014, were CNY 7,745,048,674.12, a decrease from CNY 7,868,232,891.60 at the beginning of the year[24] - Total liabilities increased to CNY 1,900,868,406.82 from CNY 1,006,739,323.73 at the start of the year[29] - The company's total equity as of September 30, 2014, was CNY 2,895,460,163.69, compared to CNY 2,877,427,658.15 at the beginning of the year[29] Cash Flow - Cash flow from operating activities for the first nine months was CNY 132,182,075.56, a decrease of 12.74% year-on-year[8] - The company experienced a cash outflow from investing activities of CNY 1,230,469,825.84, compared to a smaller outflow of CNY 200,376,088.00 in the previous year[40] - The cash inflow from investment activities for the first nine months of 2014 was CNY 1,230,831,229.75, a notable increase from CNY 227,286,190.84 in the previous year[40] - The company reported a total cash inflow from financing activities of ¥1,291,183,668.74, with cash outflow totaling ¥329,581,080.43, leading to a net cash flow of ¥961,602,588.31[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 43,324[10] - The largest shareholder, Shanghai Building Materials (Group) Co., Ltd., held 27.69% of the shares, with a reduction of 24,000,000 shares during the reporting period[10] Investments and Projects - The company completed 90% of the Tianjin Yao Pi Engineering Glass Phase III project, with a total planned investment of CNY 345 million[16] - The company has not yet commenced the Changshu Processing Project, which is still in preparation[17] Expenses and Costs - Sales expenses increased by 34.29% to CNY 146,680,490.65 from CNY 109,225,221.66[15] - Total operating costs for Q3 2014 were CNY 772,696,470.65, compared to CNY 706,648,960.76 in Q3 2013, reflecting a rise in costs[31] - The company incurred management expenses of CNY 14,209,807.03 in Q3 2014, slightly higher than CNY 13,681,135.77 in the previous year[36] Accounts Receivable and Inventory - As of September 30, 2014, accounts receivable increased by 56.04% to CNY 636,066,241.28 compared to CNY 407,622,756.32 at the beginning of the year[12] - Accounts receivable decreased to CNY 95,236,962.53 from CNY 100,970,886.41 year-on-year[28] - Inventory levels were reported at CNY 20,918.50, indicating a minimal presence in stock[28] Non-Operating Income - The company recognized a total of CNY 39,012,812.61 from non-operating income and expenses for the first nine months[10] - The company reported a significant increase in non-operating income, totaling CNY 9,492,092.22 for Q3 2014, compared to CNY 2,471,801.48 in the same period last year[36]