SIEYUAN(SZ:002028)2015-10-23 16:00Financial Performance - Net profit attributable to shareholders decreased by 48.54% to ¥95,666,645.59 for the current period[5]. - Operating revenue for the current period was ¥936,062,595.38, a decrease of 4.91% year-on-year[5]. - Basic earnings per share fell by 50.00% to ¥0.15[5]. - The net profit attributable to shareholders for the year-to-date period decreased by 26.77% to ¥236,635,049.62[5]. - The company's net profit attributable to shareholders decreased by 26.77% to ¥236,635,049.62 from ¥323,121,861.37 in the previous year, primarily due to a decline in gross margin and investment income[17]. - The estimated net profit for 2015 is projected to be between 31,940,000 and 54,755,000 CNY, representing a change of -30.00% to 20.00% compared to the previous year[24]. - The net profit for 2014 was 45,629,000 CNY, indicating a potential decline in profitability for 2015[24]. - The decline in profitability is attributed to increased market competition, a decrease in product gross margin, and reduced investment income compared to the same period last year[24]. Assets and Liabilities - Total assets increased by 6.23% to ¥5,773,252,820.58 compared to the end of the previous year[5]. - The company's total assets increased by 7.74% to ¥4,774,488,525.87, mainly driven by the increase in inventory[16]. - Accounts receivable increased by 1.43% to ¥1,913,949,823.24, mainly due to increased sales revenue[16]. - Inventory rose significantly by 49.21% to ¥1,089,915,989.17, attributed to an increase in raw materials and a slowdown in order deliveries[16]. Cash Flow - The net cash flow from operating activities showed a significant improvement, with a net cash flow of -¥3,124,346.52, an increase of 99.31% year-to-date[5]. - The company reported a 30.38% increase in cash inflow from operating activities, totaling ¥2,730,323,045.58, due to improved receivables management[17]. - Cash outflow from operating activities increased by 7.23% to ¥2,733,447,392.10, primarily due to enhanced supplier support and raw material procurement payments[17]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,882[11]. - The largest shareholder, Dong Zengping, holds 18.21% of the shares, totaling 113,998,184 shares[11]. - The company has committed to not engaging in competitive activities against its own business, with commitments made by major shareholders since May 2003[21]. - The company has fulfilled its commitments to shareholders in a timely manner, with no outstanding obligations reported[23]. Non-Recurring Gains and Losses - The company reported a total of ¥61,038,897.96 in non-recurring gains and losses for the current period[8]. Investments and Contracts - The company has signed a contract for the Olkaria-Lessos-Kisumu Transmission Lines Construction Project in Kenya, with a total value of approximately $1,620,000, equivalent to about ¥9,950,000[18]. - The company plans to participate in the establishment of a new energy venture capital fund with a total investment of ¥400-500 million, contributing ¥50 million[20]. - The company has won bids for two major projects from the State Grid Corporation, with a combined expected contract value of approximately ¥138,390,000[20]. - The total investment in securities amounts to 105,461,878.54 CNY, with a reported profit of 7,834,743.14 CNY during the reporting period[25]. - The company does not hold shares in other listed companies during the reporting period[26].