Sinoma-int(SH:600970)2014-10-24 16:00Financial Performance - Operating revenue for the first nine months reached CNY 15,960,770,213.62, a 21.75% increase year-on-year[7] - Net profit attributable to shareholders decreased by 21.12% to CNY 493,754,930.64 for the first nine months[7] - The company reported a net profit of CNY 474,414,334.92 for the first nine months, down 17.90% year-on-year[7] - Basic earnings per share fell by 21.05% to CNY 0.45[8] - Total operating revenue for Q3 2014 reached ¥5,062,304,097.20, an increase of 10.5% compared to ¥4,581,547,281.63 in Q3 2013[36] - Net profit for Q3 2014 was ¥175,239,974.18, down 12.4% from ¥200,115,032.88 in the same period last year[38] - The company reported a total profit of CNY 96,363,368.20 for Q3 2014, which is a decrease of 8.5% year-over-year[46] - The total comprehensive income for Q3 2014 was CNY 90,184,942.05, down from CNY 433,937,907.52 in the previous year[43] Assets and Liabilities - Total assets increased by 5.44% to CNY 24,966,540,225.03 compared to the end of the previous year[7] - The company's total liabilities reached CNY 20,030,393,203.06, up from CNY 19,266,828,399.32 at the start of the year, indicating an increase of about 3.96%[30] - The total equity attributable to shareholders was CNY 4,796,174,309.63, compared to CNY 4,262,129,236.39 at the beginning of the year, reflecting a growth of approximately 12.54%[30] - The company's non-current assets totaled CNY 3,736,419,634.84, compared to CNY 3,243,137,155.91 at the beginning of the year, showing an increase of about 15.19%[29] - The balance of short-term financing bonds issued by the company reached ¥500 million by the end of the reporting period[14] Cash Flow - Cash flow from operating activities turned positive at CNY 600,839,170.50, compared to a negative cash flow of CNY -245,446,747.86 in the same period last year[7] - Operating cash flow for the first nine months of 2014 was CNY 600,839,170.50, a significant improvement from a negative cash flow of CNY -245,446,747.86 in the same period last year[46] - The company’s investment activities resulted in a net cash outflow of CNY -546,999,760.66 for the first nine months of 2014[47] - Cash inflow from financing activities was ¥839,416,554.99, significantly higher than ¥358,649,928.36 in the previous year[50] - The net increase in cash and cash equivalents for the period was ¥583,622,309.60, contrasting with a decrease of ¥524,810,805.94 in the same period last year[50] Shareholder Information - The total number of shareholders at the end of the reporting period was 44,115[9] - The top shareholder, China National Materials Group Corporation, held 42.46% of the shares[9] Government Support and Subsidies - The company received government subsidies amounting to CNY 23,349,531.09 during the first nine months[8] Financial Ratios and Metrics - The weighted average return on net assets decreased by 1.59 percentage points to 10.98%[8] - Trading financial assets decreased by 66.13% to ¥7,169,398.93 due to the realization of some forward foreign exchange transactions[11] - Long-term equity investments increased by 1955.85% to ¥457,418,738.02 due to new investments in the German HAZEMAG Group[11] - Financial expenses increased by 86.48% to ¥95,020,027.33 due to increased interest expenses from loans and foreign project consolidation[12] - Asset impairment losses surged by 686.22% to ¥54,560,128.66 due to the provision for impairment of various assets[12] Employee Compensation - Employee compensation payable decreased by 58.31% to ¥110,264,394.03 as the company paid off last year's accrued employee compensation[11] - Cash paid to employees decreased to ¥256,049,887.03 from ¥334,949,998.85, suggesting improved operational efficiency[49]