ECC(SH:600850)2014-10-31 16:00Financial Performance - Operating revenue increased by 4.49% to CNY 3,659,186,496.17 for the first nine months of the year[8] - Net profit attributable to shareholders increased by 49.69% to CNY 167,832,741.65 for the first nine months[8] - Basic earnings per share rose by 49.67% to CNY 0.5216[9] - The company reported a net profit from non-operating activities of CNY 1,867,600.79 for the first nine months[10] - The company reported a net loss of CNY 35,065,623.80 in the latest period compared to a profit of CNY 91,646,756.17 at the beginning of the year[30] - Year-to-date net profit was ¥185,576,119.80, up 37.9% from ¥134,498,831.35 year-over-year[34] - Total comprehensive income for Q3 was ¥84,199,908.89, an increase of 79.8% from ¥46,793,838.11 in the previous year[34] Assets and Liabilities - Total assets decreased by 3.08% to CNY 3,694,793,212.70 compared to the end of the previous year[8] - Total assets decreased from CNY 3,812,252,180.46 at the beginning of the year to CNY 3,694,793,212.70 by the end of the period, a decline of approximately 3.1%[26] - Current assets totaled CNY 3,571,128,186.86, down from CNY 3,681,608,429.62, representing a decrease of about 3.0%[26] - Total liabilities decreased from CNY 2,458,407,709.55 to CNY 2,259,003,099.76, a decline of about 8.1%[27] - Owner's equity increased from CNY 1,353,844,470.91 to CNY 1,435,790,112.94, representing an increase of approximately 6.0%[27] Cash Flow - Net cash flow from operating activities improved by 74.35%, reaching -CNY 111,120,101.72[8] - The total cash inflow from operating activities for the first nine months of 2014 was CNY 4,341,838,992.92, an increase of 13.1% compared to CNY 3,839,785,528.67 in the same period last year[38] - The net cash flow from operating activities was -CNY 111,120,101.72, an improvement from -CNY 433,221,297.24 year-over-year[38] - Cash inflow from financing activities was CNY 590,379,606.94, up from CNY 567,383,592.59 in the same period last year[39] - The net cash flow from financing activities was -CNY 159,174,026.25, a decline from a positive net cash flow of CNY 61,726,061.89 in the previous year[39] Shareholder Information - The number of shareholders reached 9,713 by the end of the reporting period[11] - The largest shareholder, East China Computer Technology Research Institute, holds 46.05% of the shares[11] Government Support and Incentives - The company received government subsidies amounting to CNY 8,743,035.05 during the reporting period[10] - A stock option incentive plan has been proposed and is pending approval from regulatory authorities[17] - The company is committed to ensuring that actual profits do not fall below the forecasted profits during the compensation period[19] Investments and Acquisitions - The company plans to issue shares and pay cash for asset acquisitions, with related asset evaluations completed[16] - The company received ¥34,175,900.00 from the sale of equity interests, marking a significant cash inflow[16] - The company reported an investment loss of ¥-1,559,463.51 for Q3, compared to a loss of ¥-495,418.17 in the same period last year[34] Changes and Forecasts - The cumulative net profit for the year until the next reporting period may incur losses or experience significant changes compared to the same period last year[20] - The company reported a net profit forecast for 2011, 2012, 2013, and 2014 of RMB 176.60 million, RMB 203.91 million, RMB 234.75 million, and RMB 269.27 million respectively[19] - The report indicates that the performance compensation period is set for three years, with specific profit targets to be met each year[19] - The company has undergone changes in accounting policies affecting available-for-sale financial assets and long-term equity investments, but these changes did not impact total assets, liabilities, net assets, or net profit for the year 2013[21] Financial Ratios - The weighted average return on net assets increased by 4.06 percentage points to 12.96%[9]