wsdl(SH:600995)2014-10-28 16:00Financial Performance - Net profit attributable to shareholders rose by 3.43% to CNY 141,896,276.61 for the first nine months of the year[7] - Operating revenue for the first nine months increased by 3.37% to CNY 1,497,964,471.87 compared to the same period last year[7] - Basic and diluted earnings per share increased by 3.45% to CNY 0.30[7] - Total operating revenue for Q3 2014 was CNY 496,406,699.53, a decrease of 2.3% compared to CNY 509,386,692.51 in Q3 2013[29] - Net profit for the period was CNY 41,307,694.99, down 22.2% from CNY 53,092,736.81 in the same period last year[29] - The company reported a gross profit margin of approximately 25% for the first nine months of 2014, compared to 25.5% for the same period in 2013[29] Cash Flow - Net cash flow from operating activities increased by 15.88% to CNY 282,890,830.54 for the first nine months[7] - Operating cash inflow for the year-to-date period reached ¥1,769,148,515.29, an increase of 10.55% from ¥1,600,237,800.19 in the previous year[32] - Cash outflow from investment activities totaled ¥163,843,525.56, down 37.24% from ¥260,668,719.90 in the previous year[32] - Net cash flow from investment activities was -¥23,729,666.36, an improvement from -¥257,439,342.80 year-over-year[32] - Cash inflow from financing activities was ¥350,000,000.00, a decrease of 37.5% from ¥560,000,000.00 in the previous year[33] - Net cash flow from financing activities was -¥161,270,463.44, compared to a positive net flow of ¥50,253,602.73 in the same period last year[33] - The net increase in cash and cash equivalents for the period was ¥97,890,700.74, significantly higher than ¥36,936,341.20 in the previous year[33] - The ending balance of cash and cash equivalents stood at ¥256,145,194.64, down from ¥286,150,398.92 year-over-year[33] - Total cash inflow from operating activities included ¥1,692,941,238.91 from sales, reflecting a strong performance in revenue generation[32] Assets and Liabilities - Total assets increased by 2.15% to CNY 2,732,288,042.71 compared to the end of the previous year[7] - Current assets increased to CNY 386,338,006.91 from CNY 356,283,196.04 at the start of the year, reflecting a growth of 8.5%[26] - Total liabilities decreased to CNY 1,299,039,284.52 from CNY 1,342,626,992.96, indicating a reduction of 3.2%[27] - Long-term borrowings decreased by 41.20% to CNY 359,000,000.00, primarily due to the reclassification of long-term borrowings to current liabilities[14] Shareholder Information - The total number of shareholders reached 32,030 by the end of the reporting period[11] - The largest shareholder, Yunnan Electric Power Company, holds 29.57% of the shares[11] Government Support and Other Income - The company received government subsidies amounting to CNY 86,990.49 related to business operations[10] - Non-operating income for the first nine months totaled CNY 2,284,911.77, after accounting for tax effects[10] - Non-operating income for Q3 fell by 94.94% to CNY 849,863.50, as there were no income transfers from agricultural network loan repayments compared to the previous year[15] Investment and Prepayments - Cash and cash equivalents increased by 61.86% from the beginning of the year to CNY 256,145,194.64, primarily due to the redemption of CNY 140 million in bank wealth management products[14] - Accounts receivable surged by 614% to CNY 78,120,644.76, mainly driven by an increase in electricity fees receivable from users[14] - Prepayments rose by 187.47% to CNY 5,425,270.80, attributed to higher advance payments for production materials[14] - Investment income for Q3 decreased by 165.06% to a loss of CNY 1,936,354.46, primarily due to losses from the invested unit Yunnan Datang International Wenshan Hydropower Development Co., Ltd.[15] Future Outlook - The company plans to focus on expanding its market presence and enhancing operational efficiency in the upcoming quarters[29]