SMEIC(SH:600835)2015-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company reached CNY 1,619,025,727.38, an increase of 118.32% year-on-year [5]. - Basic and diluted earnings per share were both CNY 1.58, representing a 116.44% increase compared to CNY 0.73 in the previous year [5]. - Operating profit for the first nine months reached CNY 2,437,235,463.29, an increase of 53.8% compared to CNY 1,585,553,099.72 in the previous year [28]. - The company reported a net profit of CNY 1,478,761,314.14 for Q3 2015, up from CNY 614,240,747.76 in Q3 2014, reflecting a growth of 141.5% [28]. - Net profit for Q3 2015 was CNY 1,346,804,204.74, compared to CNY 551,492,009.20 in Q3 2014, indicating a significant increase of approximately 144% [30]. - The total net profit attributable to shareholders for Q3 2015 was CNY 1,067,369,673.54, compared to CNY 280,235,423.82 in Q3 2014, marking an increase of approximately 281% [30]. Revenue and Costs - Operating revenue for the first nine months was CNY 14,753,293,830.16, down 5.28% from CNY 15,575,183,289.37 in the same period last year [10]. - Total revenue for the first nine months was CNY 14,753,293,830.16, a decrease of 5.3% from CNY 15,575,183,289.37 in the same period last year [28]. - The company’s total operating costs for the first nine months were CNY 13,459,516,051.62, down 6.0% from CNY 14,263,461,475.10 in the previous year [28]. - The total profit for the first nine months of 2015 reached CNY 951,766,173.15, compared to CNY 1,027,440,582.29 in the same period of 2014, showing a decline of about 7% [32]. Cash Flow - Cash flow from operating activities for the first nine months was CNY 1,508,101,907.80, a decrease of 14.66% from CNY 1,767,169,251.03 [5]. - The cash inflow from operating activities for the period from January to September was CNY 17,129,012,992.13, a decrease of 14.0% compared to CNY 19,886,121,640.52 in the same period last year [34]. - The net cash flow from operating activities was CNY 1,508,101,907.80, down 14.7% from CNY 1,767,169,251.03 year-on-year [34]. - The cash inflow from investment activities totaled CNY 247,035,739.18, down 30.0% from CNY 353,521,303.12 year-on-year [35]. - The net cash flow from investment activities was CNY -9,764,394.52, compared to CNY 17,039,065.33 in the same period last year [35]. - The cash inflow from financing activities was CNY 463,685,412.55, significantly higher than CNY 83,436,946.96 in the previous year [35]. - The net cash flow from financing activities was CNY -741,978,136.34, an improvement from CNY -1,076,095,235.90 year-on-year [35]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 29,357,613,194.26, a decrease of 1.38% compared to the end of the previous year [5]. - Total liabilities rose to CNY 145,770,906.30, compared to CNY 122,903,472.34 at the start of the year, indicating an increase of about 18.6% [25]. - Cash and cash equivalents increased by 5.66% to ¥12,803,399,126 from ¥12,118,007,652 [13]. - Accounts receivable decreased by 4.32% to ¥2,133,396,738 from ¥2,229,729,298 [13]. - Inventory decreased by 10.26% to ¥6,874,962,941 from ¥7,661,129,728 [13]. - Short-term borrowings decreased significantly by 68.12% to ¥51,947,150 from ¥162,948,000 [13]. - Accounts payable decreased by 11.21% to ¥1,797,951,812 from ¥2,024,844,816 [13]. Shareholder Information - The total number of shareholders at the end of the reporting period was 57,038 [8]. - The largest shareholder, Shanghai Electric Group Co., Ltd., held 47.35% of the shares [8]. Strategic Outlook - The company plans to focus on market expansion and new product development to drive future growth [28]. - The company expects a net profit increase of 100%-150% compared to the previous year due to gains from the debt-to-equity swap with Gauss International [15].