Smarter Energy(SH:600869)2015-10-30 16:00Financial Performance - Net profit attributable to shareholders increased by 31.29% to CNY 249,921,125.79 for the first nine months of the year[6]. - Operating revenue for the first nine months rose by 4.27% to CNY 8,333,718,310.60 compared to the same period last year[6]. - The company reported a basic earnings per share of CNY 0.2524, reflecting a 31.25% increase[6]. - The weighted average return on equity increased by 1.53 percentage points to 7.72%[6]. - Total operating revenue for the third quarter was CNY 3,137,316,454.62, a decrease of 1.76% compared to CNY 3,193,571,532.53 in the same period last year[32]. - Operating profit for the period was CNY 111,973,153.12, an increase of 24% compared to CNY 90,430,379.40 in the previous year[32]. - Net profit attributable to the parent company reached CNY 173,455,367.31, up from CNY 151,842,772.22 in the same period last year[30]. - The total profit for Q3 2015 was approximately ¥119.98 million, an increase from ¥111.17 million in Q3 2014, representing a growth of 7.5% year-over-year[33]. - The net profit attributable to the parent company was ¥87.61 million in Q3 2015, slightly down from ¥87.65 million in Q3 2014, indicating a decrease of 0.05%[33]. - The company recorded a total profit of ¥29.86 million for the first nine months of 2015, compared to a loss of -¥973,402.04 in the same period last year[36]. Revenue Segmentation - Revenue from the energy and intelligent products segment was CNY 537,971.77 million, with a year-on-year growth of 8.07%[8]. - Revenue from the South China region surged by 91.95% to CNY 52,651.44 million[9]. - The smart photovoltaic cable segment saw a remarkable growth of 265.17% in revenue[8]. Cash Flow and Assets - The net cash flow from operating activities increased by 26.88% to CNY 338,200,062.16[6]. - Cash and cash equivalents decreased by 38.12% to ¥2,029,749,489.55 due to new investments and loan repayments[16]. - The net cash inflow from operating activities for the first nine months of 2015 was approximately ¥9.65 billion, compared to ¥9.08 billion in the same period last year, reflecting an increase of 6.3%[38]. - The ending cash and cash equivalents balance was ¥602,612,920.94, down from ¥688,852,644.76 in the previous year[39]. - The ending cash and cash equivalents balance for the first nine months was ¥11,030,050.84, compared to ¥1,241,054.82 in the previous year, indicating a strong improvement[42]. Shareholder Information - Total number of shareholders reached 53,543[14]. - The largest shareholder, Far East Holding Group Co., Ltd., holds 745,042,391 shares, representing 75.25% of total shares[14]. Investments and Acquisitions - The company plans to acquire assets from Jiangxi Foster New Energy Group for a total transaction price of RMB 1.2 billion, with RMB 420 million paid in cash and RMB 780 million through share issuance[19]. - The company has invested RMB 18.0 million in Beijing Jingzhongzhihui Traffic Technology Co., Ltd., acquiring a 12% stake post-investment[19]. - The company has acquired 60% equity in Jiangsu Kaoyi Energy Electric Co., Ltd. for a total price of RMB 51.12 million[19]. - The company sold 100% equity of Qinghai Pharmaceutical Co., Ltd. for RMB 100 million[19]. - The company sold 100% equity of Sanpu Pharmaceutical Co., Ltd. for RMB 320 million[20]. Liabilities and Financial Management - Non-current liabilities increased by 141.12% to ¥177,912,706.85 due to reclassification of long-term borrowings[17]. - Financial expenses increased by 45.14% to ¥240,791,428.86, mainly due to exchange rate fluctuations[17]. - The company actively repaid bank loans, resulting in a cash flow from financing activities of -¥590,589,995.85, a 70.14% increase in outflow[17]. Corporate Governance and Compliance - The company has committed to avoiding or minimizing related party transactions to protect shareholder interests[23]. - The company ensures that there will be no competition between Far East Holdings Group and Far East Smart Energy during the period of shareholding[22]. - Far East Holdings Group will not occupy funds from subsidiaries in a manner that harms the interests of the listed company and public shareholders[22]. - The company is committed to maintaining the independence of Far East Smart Energy to protect the interests of minority shareholders[22].