Mtalco(SH:601677)2014-10-29 16:00Financial Performance - Operating revenue for the first nine months rose by 14.54% to CNY 4,763,436,756.61 year-on-year[7] - Net profit attributable to shareholders increased by 84.13% to CNY 101,476,664.40 for the first nine months[7] - Basic earnings per share increased by 78.57% to CNY 0.25[8] - The net profit excluding non-recurring gains and losses rose by 74.20% to CNY 85,341,670.13[8] - Operating profit grew by 87.41% to ¥135,858,735 from ¥72,494,289[14] - Net profit attributable to shareholders for Q3 2014 was ¥50,883,390.66, up 118.9% from ¥23,258,725.40 in Q3 2013[32] - The total profit for the first nine months was ¥95.74 million, a significant increase of 74.2% compared to ¥55.01 million in the same period last year[36] - The company recorded investment income of approximately ¥19.77 million for the first nine months, compared to ¥7.89 million in the same period last year[34] Assets and Liabilities - Total assets increased by 36.34% to CNY 4,625,015,500.41 compared to the end of the previous year[7] - The company's total assets increased to ¥3,669,764,801.09 as of September 30, 2014, compared to ¥2,828,016,524.13 at the beginning of the year, reflecting a growth of 29.8%[27] - The company's total liabilities increased significantly, with accounts payable rising by 56.78% to ¥195,035,554[13] - Total liabilities rose to ¥1,334,671,093.36, up from ¥526,597,932.21 at the start of the year, indicating a significant increase of 153.5%[28] - Total liabilities increased to CNY 1,871,384,991.25 from CNY 709,361,827.59, representing a significant rise in financial obligations[24] Cash Flow - Net cash flow from operating activities improved by 309.82% to CNY 599,689,178.79 compared to the same period last year[7] - The net cash flow from operating activities was ¥599,689,179, a significant increase from -¥285,804,467[15] - Operating cash flow for the year-to-date period (January to September) was CNY 456,799,399.23, a significant improvement from a net cash outflow of CNY -84,510,609.18 in the same period last year[43] - Total cash inflow from operating activities decreased to CNY 2,297,028,822.93, down 26.9% from CNY 3,142,853,988.17 year-on-year[43] - Cash outflow from operating activities also decreased to CNY 1,840,229,423.70, down 43% from CNY 3,227,364,597.35 in the previous year[43] Shareholder Information - The total number of shareholders is 27,620[12] - The company reported a significant increase in net assets attributable to shareholders, up by 2.43% to CNY 2,588,922,669.72[7] - The company's equity attributable to shareholders reached CNY 2,588,922,669.72, up from CNY 2,527,546,005.32, reflecting a growth of about 2.4%[24] Inventory and Receivables - Accounts receivable rose by 106.03% to ¥518,458,691 from ¥251,637,672[13] - Prepayments surged by 366.95% to ¥419,286,792 from ¥89,793,035[13] - Other receivables increased by 703.59% to ¥14,698,518 from ¥1,829,111[13] - Inventory levels increased to CNY 799,846,372.45 from CNY 760,877,987.29, indicating a rise of approximately 5%[22] Company Strategy and Concerns - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The report indicates that the financial statements have not been audited, raising concerns about the accuracy of the data presented[6] - The company plans to expand its market presence and enhance product offerings through ongoing research and development initiatives[15] - The company has committed to avoiding any non-operational occupation of funds, ensuring financial integrity and compliance with shareholder interests[17]