CAMCE(SZ:002051)2014-10-23 16:00Financial Performance - Operating revenue for the reporting period was ¥2,143,162,920.37, representing a year-on-year increase of 22.54%[5] - Net profit attributable to shareholders of the listed company was ¥282,843,219.48, up 18.78% from the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥282,069,287.97, an increase of 18.49% year-on-year[5] - The basic earnings per share for the reporting period was ¥0.37, reflecting a growth of 19.35% compared to the previous year[5] - The estimated net profit for 2014 is expected to increase by 10.00% to 30.00% compared to the previous year, driven by smooth project execution[19] - The net profit for 2014 is projected to be between 790.32 million and 934.02 million RMB, compared to 718.48 million RMB in 2013[20] Assets and Shareholder Information - Total assets at the end of the reporting period reached ¥18,973,945,622.89, an increase of 14.97% compared to the end of the previous year[5] - Net assets attributable to shareholders of the listed company amounted to ¥5,245,286,558.24, reflecting a growth of 12.04% year-on-year[5] - The total number of ordinary shareholders at the end of the reporting period was 18,150[9] - The largest shareholder, China National Machinery Industry Corporation, holds 60.50% of the shares, totaling 468,102,960 shares[9] Cash Flow and Financial Activities - The company reported a net cash flow from operating activities of ¥117,941,547.12, which is a significant increase of 135.52% year-to-date[5] - Net cash flow from operating activities increased by 135.52% due to higher project advance payments received compared to the previous year[14] - Financial expenses decreased by 15,301.07% year-on-year due to increased foreign exchange gains and bank interest income[14] - Tax expenses increased by 73.32% year-on-year due to the absence of prior year tax credit recoveries[14] Investments and Receivables - Accounts receivable increased by 37.27% compared to the beginning of the period due to successful project execution and increased engineering revenue[13] - Long-term equity investments increased by 235.54% as a subsidiary invested $38 million to acquire 100% equity of a company in Laos[13] - Construction in progress decreased by 57.56% as a subsidiary's office building was completed and transferred to fixed assets[13] - Short-term borrowings increased by 202.46% due to financing activities related to foreign contracting and export factoring[13] Return on Investment - The weighted average return on net assets was 6.36%, an increase of 0.90% from the previous year[5] - The company holds 5.328 million shares of a listed company, with a market value of approximately 73.69 million RMB as of September 30, 2014[21]