宗申动力(001696) - 2014 Q3 - 季度财报

Financial Performance - Revenue for the reporting period reached ¥1,127,567,244.44, representing a 4.53% increase compared to the same period last year[7] - Net profit attributable to shareholders was ¥96,292,804.87, a significant increase of 21.42% year-on-year[7] - Basic earnings per share rose to ¥0.0841, reflecting a 25.90% increase compared to the previous year[7] - The weighted average return on equity increased by 3.04 percentage points to 9.56%[7] Assets and Liabilities - Total assets increased to ¥5,502,970,599.13, up 12.80% from ¥4,878,616,378.78 at the end of the previous year[7] - Cash and cash equivalents decreased by 42.45% from 100,495.06 million to 57,839.89 million due to increased investments in bank wealth management products and loans issued by the company[16] - Accounts receivable increased by 74.93% from 45,953.16 million to 80,386.60 million, primarily due to some customers not reaching the settlement period and the company's sales policy[16] - The company's construction in progress increased by 318.41% from 2,844.53 million to 11,901.76 million, reflecting increased investments in technology center and specialized motorcycle engine projects[16] - Prepayments increased by 99.64% from 2,781.99 million to 5,553.90 million, mainly due to an increase in advance payments from customers[16] Cash Flow - The company reported a net cash flow from operating activities of ¥124,848,894.04, down 27.35% from the previous year[7] - The net cash flow from investment activities showed a significant decline of 112,007.40% from 58.93 million to -65,947.0 million, primarily due to increased purchases of bank wealth management products[17] - The net cash flow from financing activities improved by 166.96%, increasing from -12,498.47 million to 8,368.96 million, mainly due to increased financing expenditures from share repurchases last year[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 103,423[11] - The largest shareholder, Chongqing Zongshen High-speed Boat Development Co., Ltd., holds 20.10% of the shares, amounting to 230,192,114 shares[11] - The company has not made any repurchase agreements during the reporting period[12] Other Income and Expenses - Non-operating income included government subsidies amounting to ¥7,694,235.83[9] - Interest income surged to 8,039.58 million, a 100% increase compared to the previous period, attributed to new loans issued by the microfinance company[17] - Asset impairment losses rose by 359.32% from 923.12 million to 4,240.10 million, mainly due to increased loan loss provisions by the newly established microfinance company[17] - Minority interests increased by 218.65% from 1,035.78 million to 3,300.53 million, primarily due to increased minority interests from subsidiaries[17] Future Outlook - The company has not indicated any significant changes in its annual operating performance expectations for 2014[22]