2014-10-20 16:00Financial Performance - Net profit attributable to shareholders decreased by 14.41% to CNY 1,788,819 for the year-to-date period[8] - Operating revenue declined by 3.60% to CNY 54,463,475 for the year-to-date period[8] - Basic earnings per share decreased by 14.42% to CNY 0.1395[9] - The weighted average return on equity decreased by 1.26 percentage points to 5.44%[9] - The company reported a net profit margin of approximately 4.4% for the first nine months of 2014, down from 5.0% in the same period of 2013[29] - The net profit attributable to the parent company was CNY 492,885 in Q3 2014, down from CNY 630,314 in Q3 2013, reflecting a decrease of about 21.8%[32] - The total profit for Q3 2014 was CNY 1,444,203, compared to CNY 1,552,024 in Q3 2013, indicating a decline of approximately 7%[32] - The basic earnings per share for Q3 2014 was CNY 0.0384, down from CNY 0.0492 in the same quarter last year, a decrease of about 22.1%[32] - The company's total comprehensive income for Q3 2014 was CNY 1,268,508, compared to CNY 1,384,010 in Q3 2013, a decrease of approximately 8.4%[32] Cash Flow - Net cash flow from operating activities was negative at CNY (2,998,158) for the year-to-date period[8] - Cash flow from operating activities showed a net outflow of RMB 2,998,158 thousand, contrasting with a net inflow of RMB 2,683,591 thousand in the same period last year[16] - The total cash inflow from operating activities for the first nine months of 2014 was CNY 57,038,108, down from CNY 60,123,961 in the same period last year, a decrease of approximately 5.2%[34] - For the first nine months of 2014, the company reported a net cash flow from operating activities of -435,790 thousand RMB, a decrease compared to 3,322,370 thousand RMB in the same period last year[37] - The total cash inflow from operating activities was 13,406,218 thousand RMB, compared to 19,301,553 thousand RMB in the previous year[37] - The company generated 12,556,314 thousand RMB from sales of goods and services, a decline from 18,346,928 thousand RMB year-on-year[37] Assets and Liabilities - Total assets increased by 6.01% to CNY 137,066,072 compared to the end of the previous year[8] - Total liabilities increased to CNY 93,138,997 as of September 30, 2014, from CNY 86,584,146 at the beginning of the year, marking an increase of about 7.5%[25] - The total equity attributable to shareholders rose to CNY 33,223,818, compared to CNY 32,205,954 at the beginning of the year, showing an increase of approximately 3.2%[25] - The company's cash and cash equivalents at the end of the period were RMB 25,974,110 thousand, slightly down from RMB 26,110,962 thousand at the beginning of the year[23] - Accounts receivable increased to RMB 28,684,774 thousand from RMB 25,268,380 thousand at the beginning of the year[23] - Prepayments rose to RMB 9,965,940 thousand, up from RMB 9,012,103 thousand at the beginning of the year[23] - Inventory levels increased to CNY 28,076,973 from CNY 22,150,517, representing a significant rise of approximately 26.8%[24] Investments and Financing - The company received government subsidies amounting to CNY 273,952 during the reporting period[9] - The company reported a total of CNY 205,178 in non-recurring gains and losses for the year-to-date period[9] - Cash flow from investing activities surged to RMB 4,679,415 thousand, a significant increase of 5643% compared to RMB 81,485 thousand in the previous year[16] - Cash flow from financing activities recorded a net outflow of RMB 1,345,313 thousand, which is an improvement from a net outflow of RMB 2,043,270 thousand in the same period last year[17] - The company received cash from financing activities totaling 635,025 thousand RMB, with cash outflow amounting to 1,035,750 thousand RMB, leading to a net cash flow from financing activities of -400,725 thousand RMB[38] Shareholder Information - The total number of shareholders reached 134,401 by the end of the reporting period[10] - The largest shareholder, Shanghai Electric Group, holds 57.56% of the shares[10] Future Outlook - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[29]