BHAS(SH:600960)2014-10-30 16:00Financial Performance - Operating revenue decreased by 4.61% to CNY 892,958,482.31 for the period from January to September[6] - Net profit attributable to shareholders increased by 101.89% to CNY 84,736,642.30 compared to the same period last year[6] - Basic and diluted earnings per share rose by 55% to CNY 0.31[8] - The company reported a decrease in net profit after deducting non-recurring gains and losses by 5.5% to CNY 37,848,444.80[6] - Total operating revenue for Q3 2014 was CNY 249,967,091.34, a decrease of 11.7% compared to CNY 283,134,258.47 in Q3 2013[29] - The net profit for Q3 2014 was CNY 5,467,522.63, down 38.56% from CNY 8,914,095.93 in Q3 2013[33] - The total profit for the first nine months of 2014 reached CNY 100,185,269.08, significantly higher than CNY 51,775,387.08 in the previous year, marking a 93.5% increase[32] Assets and Liabilities - Total assets increased by 43.99% to CNY 3,015,854,700.69 compared to the end of the previous year[6] - The company's total assets reached RMB 3,015,854,700.69, up from RMB 2,094,556,644.23, indicating significant growth[21] - Total liabilities decreased to CNY 914,531,972.71 from CNY 1,096,345,534.90 at the start of the year, reflecting a reduction of approximately 16.6%[27] - The company's total liabilities included short-term borrowings of RMB 367,161,211.80, down from RMB 434,656,243.11, indicating a reduction in debt[21] Cash Flow - Net cash flow from operating activities showed a significant decline of 106.45%, resulting in a negative CNY 6,749,780.42[6] - The cash inflow from operating activities for the first nine months of 2014 was CNY 1,176,288,665.65, up from CNY 1,027,930,799.06 in the same period last year, indicating a growth of 14.4%[35] - The net cash flow from operating activities for the first nine months was ¥89,124,057.57, a decrease of 15.5% compared to ¥105,495,421.18 in the previous year[39] - Cash inflow from operating activities totaled ¥1,154,988,097.51, up 11.2% from ¥1,038,238,539.38 year-on-year[39] Shareholder Information - Net assets attributable to shareholders increased by 105.94% to CNY 2,010,871,883.33 year-over-year[6] - The total number of shareholders reached 14,312 by the end of the reporting period[12] - The largest shareholder, Binzhou Municipal Government, holds 32.06% of the shares[12] - The company's equity attributable to shareholders reached CNY 2,010,871,883.33, up from CNY 976,421,092.48 at the beginning of the year, reflecting a growth of 105.3%[23] Expenses and Investments - Management expenses increased by 29.89% to RMB 104,834,369.07 from RMB 80,707,020.05, driven by higher product R&D expenditures[16] - Investment income surged by 2716.42% to RMB 6,146,745.14 from RMB 218,246.57, mainly due to gains from the liquidation of a subsidiary[16] - The company's management expenses for Q3 2014 were CNY 32,630,574.28, an increase of 16.5% from CNY 27,884,284.92 in the same period last year[32] - The financial expenses for the first nine months of 2014 were CNY 34,485,554.76, down from CNY 43,099,000.29 in the same period last year, showing a reduction of 20.1%[32] Cash and Equivalents - As of September 30, 2014, cash and cash equivalents increased by 74.94% to RMB 570,607,745.40 from RMB 326,177,763.26 due to funds raised from a targeted issuance[15] - Cash and cash equivalents increased to CNY 555,261,577.20 from CNY 307,177,368.76 at the beginning of the year, representing an increase of 80.7%[24] - Total cash and cash equivalents at the end of the period reached ¥555,261,577.20, compared to ¥274,435,340.16 at the end of the previous year[40]