*ST新纺(002087) - 2015 Q3 - 季度财报
XYTXYT(SZ:002087)2015-10-22 16:00

Financial Performance - Net profit attributable to shareholders increased by 371.77% to CNY 58,801,712.11 for the current period[7] - Basic earnings per share rose by 371.25% to CNY 0.1131[7] - Operating profit, total profit, and net profit increased by 88.78%, 82.71%, and 91.80% respectively, attributed to improved gross margin and increased government subsidies[15] - The estimated net profit attributable to shareholders for 2015 is projected to be between 101.32 million and 118.20 million RMB, representing a year-on-year increase of 20.00% to 40.00%[20] - The net profit for 2014 attributable to shareholders was 84.44 million RMB, indicating a significant improvement in performance for 2015[20] - The increase in profit is attributed to a rise in gross margin and an increase in government subsidies[20] Assets and Shareholder Information - Total assets increased by 9.47% to CNY 6,117,915,449.48 compared to the end of the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 49,976[10] - The largest shareholder, Xinye County Finance Bureau, holds 33.00% of the shares[10] Revenue and Cash Flow - Operating income decreased by 12.09% to CNY 674,329,075.16 compared to the same period last year[7] - Cash flow from operating activities decreased by 4.98% to CNY 89,928,399.55 year-to-date[7] Project Developments - The company has made progress on the "retreating from the city to the park" project, with a land use right certificate obtained for 38,968.22 square meters[16] Commitments and Investments - The company has committed to not engaging in competitive business activities as per the commitment made on November 30, 2006, and is currently fulfilling this commitment[19] - The company does not have any securities investments during the reporting period[21] - The company holds 600,000 shares of PetroChina (600871.SH) as available-for-sale financial assets, valued at fair value[22] Prepaid Accounts - Prepaid accounts increased by 32.79% due to increased cotton purchase payments[14]