EBEM(SH:603002)2014-10-28 16:00Financial Performance - Net profit attributable to shareholders increased by 2.08% to CNY 49,100,560.85 year-on-year[8] - Operating revenue for the first nine months rose by 1.01% to CNY 916,143,192.25 compared to the same period last year[8] - The net profit excluding non-recurring gains and losses decreased by 33.90% to CNY 31,473,680.75 compared to the same period last year[9] - The weighted average return on net assets decreased by 0.22 percentage points to 5.39%[9] - Total operating revenue for the third quarter was ¥332,782,082.16, an increase of 5.1% compared to ¥314,754,262.62 in the same period last year[39] - Net profit for the third quarter reached ¥17,364,566.79, compared to ¥16,809,109.44 in the previous year, representing a growth of 3.3%[41] - The company reported a total profit of ¥20,495,767.98 for the quarter, up from ¥19,930,400.72, indicating a year-over-year increase of 2.8%[41] - The company reported investment income of ¥5,661,943.29 for the quarter, compared to no investment income in the same period last year[40] Assets and Liabilities - Total assets increased by 7.58% to CNY 1,445,271,726.13 compared to the end of the previous year[8] - Current assets totaled RMB 1,325,805,861.63, up from RMB 1,224,594,825.63 at the start of the year, indicating an increase of about 8.3%[31] - Total liabilities reached RMB 523,958,512.22, compared to RMB 450,479,976.95 at the beginning of the year, showing an increase of about 16.3%[33] - Shareholders' equity rose to RMB 921,313,213.91 from RMB 892,987,658.87, reflecting an increase of approximately 3.2%[33] Cash Flow - Net cash flow from operating activities improved by 63.03%, reaching CNY -25,336,354.60 for the first nine months[8] - Operating cash flow for Q3 2014 was negative at -25,336,354.60 RMB, an improvement from -68,532,799.85 RMB in Q3 2013, indicating a 63.0% reduction in cash outflow year-over-year[48] - Total cash inflow from operating activities for the first nine months of 2014 was 958,879,742.40 RMB, slightly lower than 961,132,926.83 RMB in the same period last year[52] - Cash outflow from operating activities for the first nine months was 980,250,620.97 RMB, compared to 1,033,245,917.51 RMB in the previous year, showing a decrease of 5.1%[53] Shareholder Information - The total number of shareholders reached 26,991 by the end of the reporting period[14] - EPOXY BASE INVESTMENT HOLDING LTD. holds 52.50% of shares, totaling 210,000,000 shares[14] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 2,750,500.00 for the first nine months[10] - Operating income from government subsidies increased by 370.69% from RMB 584,355.45 to RMB 2,750,500.00[21] - The company reported a decrease in other non-recurring income to CNY 5,661,943.29 for the first nine months[12] Receivables and Investments - Accounts receivable increased by 30.71% from RMB 177,021,601.95 to RMB 231,387,957.63, attributed to an increase in bank acceptance bills and extended payment terms[20] - Prepayments surged by 176.77% from RMB 1,293,580.34 to RMB 3,580,264.59, mainly due to prepayments for credit insurance and diesel payments[20] - Interest receivable rose by 167.09% from RMB 3,181,456.39 to RMB 8,497,351.16, reflecting an increase in interest receivable from banks[20] - Other receivables increased significantly by 484.32% from RMB 272,865.76 to RMB 1,594,415.80, due to an increase in tax on dividends paid on behalf of shareholders[20] - Investment income reached RMB 17,997,006.00, a 100% increase compared to the previous period, attributed to interest income from financial products[21] Borrowings - Short-term borrowings increased by 32.83% from RMB 50,350,654.69 to RMB 66,878,777.89, driven by an increase in letter of credit borrowings[20] - The company reported a net cash flow from financing activities of -5,833,820.20 RMB, an improvement from -55,496,820.27 RMB in the previous year[50]