联创电子(002036) - 2014 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 146,792,486.84, representing a 27.14% increase year-on-year[7] - Net profit attributable to shareholders increased by 220.32% to CNY 3,811,312.56 for the period[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 246.72% to CNY 3,645,357.99[7] - The company's total profit, income tax expenses, and net profit for the first nine months increased by CNY 6,593,100, CNY 1,765,700, and CNY 4,827,300 respectively, with growth rates of 43.29%, 32.25%, and 49.49% respectively, primarily due to increased government subsidies[17] - The company's investment income for the first nine months increased by CNY 747,500, a growth of 882.89%, mainly due to increased net profit from its associate company[16] - The company's minority shareholders' profit increased by CNY 3,308,900, a growth of 1035.31%, mainly due to increased net profit from subsidiaries[17] Assets and Liabilities - Total assets increased by 2.45% to CNY 792,726,553.45 compared to the end of the previous year[7] - The company's cash and cash equivalents decreased by 59.77% to CNY 52,036,900 due to increased investment in spinning projects[15] - Accounts receivable increased by 32.07% to CNY 27,793,100, attributed to higher operating revenue in the third quarter[15] - Intangible assets increased by 66.51% to CNY 60,454,100, primarily due to the transfer of prepaid land payments[15] - The company's deferred tax assets increased by CNY 569,000, a growth of 36.24%, mainly due to the increase in bad debt provisions[16] - The company's advance receipts decreased by CNY 1,865,800, a decline of 36.92%, primarily due to a reduction in advance payments[16] - The company's employee compensation payable increased by CNY 3,651,600, an increase of 39.74%, mainly due to accrued but unpaid employee bonuses[16] - The company's other payables increased by CNY 28,748,700, an increase of 44.22%, mainly due to increased borrowed funds for the spinning project[16] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 33,512,768.77, an increase of 15.70% compared to the same period last year[7] - The company's net cash flow from investing activities decreased by CNY 50,344,400, a decline of 1241.75%, primarily due to increased cash payments for fixed assets and other long-term assets[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,452[11] - The largest shareholder, Youngor Group Co., Ltd., held 29.84% of the shares, totaling 60,349,674 shares[11] Future Expectations - The company expects the net profit attributable to shareholders for 2014 to range from CNY 12,703,700 to CNY 21,172,800, with a change range of -25% to 25% compared to the previous year[21] Impairment and Recovery - The company reported a decrease in asset impairment losses for the first nine months by CNY 2,968,800, a decline of 65.94%, mainly due to the recovery of receivables from the divested business[16]