YINGLIU(SH:603308)2014-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 1,056,064,747.00, a 1.51% increase year-on-year[6] - Net profit attributable to shareholders decreased by 18.17% to CNY 92,590,425.86 compared to the same period last year[7] - Basic earnings per share decreased by 31.43% to CNY 0.24 compared to the same period last year[7] - Total operating revenue for Q3 2014 was CNY 343,593,125.14, an increase of 9.6% compared to CNY 313,493,829.42 in Q3 2013[31] - Net profit for Q3 2014 was CNY 16,494,674.62, a decrease of 33.0% from CNY 24,634,084.50 in Q3 2013[32] - Total profit for Q3 2014 was CNY 20,462,046.31, a decline of 35.1% compared to CNY 31,533,096.55 in Q3 2013[32] - Operating profit for Q3 2014 was CNY 17,706,180.46, down 38.9% from CNY 29,008,730.53 in Q3 2013[32] - Comprehensive income for Q3 2014 was CNY 15,018,744.44, a decrease of 39.1% from CNY 24,669,857.55 in Q3 2013[32] Assets and Liabilities - Total assets increased by 19.78% to CNY 4,529,437,954.31 compared to the end of the previous year[6] - Total current assets increased to ¥2,200,338,847.23 from ¥1,599,006,735.34, representing a growth of approximately 37.5%[24] - Total non-current assets reached ¥2,329,099,107.08, up from ¥2,182,578,947.47, indicating an increase of about 6.7%[25] - Total liabilities decreased slightly to ¥2,681,957,383.32 from ¥2,569,680,484.56, a reduction of approximately 4.2%[26] - The company’s total liabilities increased significantly, with current liabilities rising by 118.36% to ¥94,266,097.43 due to the increase in long-term borrowings due within one year[14] - Long-term borrowings rose by 170.97% to ¥422,954,544.00 as a result of increased borrowing during the period[14] - Short-term borrowings decreased to ¥1,637,319,444.65 from ¥1,974,837,124.44, a decline of approximately 17.1%[26] Cash Flow - Cash flow from operating activities decreased by 21.06% to CNY 163,471,080.01 compared to the same period last year[6] - Operating cash flow for the first nine months of 2014 was CNY 163,471,080.01, a decrease of 21.0% compared to CNY 207,081,586.21 in the same period last year[38] - Total cash inflow from operating activities was CNY 1,131,648,410.65, down from CNY 1,168,720,659.71 year-on-year[38] - Cash outflow from operating activities increased to CNY 968,177,330.64 from CNY 961,639,073.50, resulting in a net cash flow from operating activities of CNY 163,471,080.01[38] - Net cash flow from financing activities surged by 167.70% to ¥429,103,962.32, primarily from new share issuance[15] - Cash inflow from financing activities totaled CNY 2,298,744,354.31, an increase from CNY 1,692,624,093.56 year-on-year[40] - The company's cash and cash equivalents at the end of the period reached CNY 793,513,142.01, compared to CNY 507,458,849.99 at the end of the previous year[40] Shareholder Information - The total number of shareholders reached 15,225 by the end of the reporting period[12] - The largest shareholder, Huoshan Yingliu Investment Management Co., Ltd., holds 33.18% of the shares[12] Other Financial Metrics - The weighted average return on equity decreased by 5.52 percentage points to 5.41%[7] - The company reported a net profit of CNY 2,429,782.46 after tax adjustments for the period[10] - The company reported a significant increase in financial expenses, which rose to CNY 37,741,951.02 in Q3 2014 from CNY 27,983,950.12 in Q3 2013[31] - The company experienced a significant increase in cash outflow for purchasing goods and services, totaling CNY 647,140,742.05, compared to CNY 623,164,373.03 in the previous year[38] - The company reported a 61.19% increase in asset impairment losses to ¥2,753,574.70, mainly due to an increase in accounts receivable[15] - The capital reserve increased by 193.65% to ¥755,803,669.50, attributed to the premium from new share issuance[15] - The company’s other non-current liabilities increased by 72.79% to ¥46,605,481.63 due to government subsidies recognized as deferred income for a key valve casting project[15]