First(SH:603806)2015-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 2,437,130,275.98, a 40.32% increase year-on-year[7] - Net profit attributable to shareholders rose by 25.99% to CNY 413,715,175.96 for the same period[7] - Cash flow from operating activities surged by 160.76% to CNY 222,007,077.46 year-to-date[7] - Basic earnings per share increased by 7.29% to CNY 1.03[7] - Total operating revenue for Q3 2015 was approximately ¥918.83 million, a significant increase from ¥598.28 million in Q3 2014, representing a year-over-year growth of 53.6%[49] - Total profit for the first nine months of 2015 was approximately ¥483.93 million, compared to ¥405.44 million for the same period in 2014, representing a year-over-year increase of 19.4%[50] - Net profit for Q3 2015 reached ¥108,698,289.21, compared to ¥84,621,699.05 in Q3 2014, reflecting a year-over-year increase of 28.4%[54] Assets and Liabilities - Total assets increased by 9.07% to CNY 4,646,323,232.72 compared to the end of the previous year[7] - Current liabilities rose to ¥591,562,184.01 from ¥436,736,798.76, reflecting a significant increase of approximately 35.4%[41] - Total liabilities reached ¥611,360,711.54, up from ¥457,921,925.83, indicating a growth of around 33.4%[42] - Owner's equity increased to ¥4,034,962,521.18, compared to ¥3,802,147,345.22, which is an increase of about 6.1%[42] - Total non-current assets included fixed assets valued at RMB 384,150,176.67, up from RMB 367,099,421.07[40] Shareholder Information - The total number of shareholders reached 15,730 at the end of the reporting period[10] - The largest shareholder, Lin Jianhua, holds 21.30% of the shares, totaling 85,638,000 shares[10] Cash Flow and Investments - Cash flow from operating activities for the first nine months of 2015 was ¥222,007,077.46, significantly higher than ¥85,140,062.71 in the same period last year, indicating a growth of 160.1%[57] - Total cash inflow from investment activities was ¥2,661,659,846.50 for the first nine months of 2015, compared to ¥16,349,356.20 in the previous year, showing a substantial increase[58] - Cash inflow from investment activities was CNY 2,264,868,575.76, a substantial increase from CNY 16,186,865.79 in the same period last year[60] Operational Costs - Operating costs increased by CNY 436.08 million, a growth of 35.67%, due to the expanded sales scale of EVA films and back sheets[12] - The company’s total operating costs for the first nine months of 2015 were approximately ¥2.01 billion, compared to ¥1.36 billion in the same period of 2014, reflecting a year-over-year increase of 47.5%[49] - Total operating costs for Q3 2015 were approximately ¥770.98 million, up from ¥475.54 million in Q3 2014, indicating a year-over-year increase of 62.1%[49] Regulatory Commitments - The company commits to not transferring shares to any third party engaged in similar business activities that may compete with the issuer[24] - The company will ensure compliance with Shanghai Stock Exchange regulations regarding share transfers and disclosures[25] - The company has established a commitment to ensure the accuracy and completeness of its prospectus, bearing legal responsibility for any misstatements[30] Employee and Management Initiatives - The company implemented an employee stock ownership plan with 168 participants, purchasing 1,349,500 shares at an average price of CNY 31.08 per share[18] - The company’s board of directors has pledged to support the stock repurchase plan during board meetings[33] Miscellaneous - The company reported a government subsidy of CNY 16,017,792.04, closely related to its normal business operations[8] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[52]