宏达高科(002144) - 2014 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 163,390,038.09, an increase of 11.40% year-on-year[4] - Net profit attributable to shareholders of the listed company was CNY 20,344,786.21, up 13.81% compared to the same period last year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 17,599,125.87, a slight increase of 2.32% year-on-year[4] - Basic earnings per share were CNY 0.12, reflecting a growth of 20.00% compared to the same period last year[4] - The company's net profit for 2014 is expected to increase by 30.00% to 60.00%, ranging from ¥10,556.03 million to ¥12,992.03 million[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,909,425,294.03, a decrease of 12.39% compared to the end of the previous year[4] - Net assets attributable to shareholders of the listed company were CNY 1,656,492,700.97, down 10.87% from the previous year[4] - The total number of ordinary shareholders at the end of the reporting period was 176,762,528[8] - Short-term borrowings decreased by 79.18% to ¥1,651,638.63, attributed to reduced bank guarantees by a wholly-owned subsidiary[12] - Deferred tax liabilities decreased by 37.92% to ¥76,047,107.85 due to fair value changes of shares held[12] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was CNY 34,051,070.95, down 47.57% year-on-year[4] - Investment income surged by 806.09% to ¥57,796,897.65 due to the reduction of shares in Haining China Leather City[12] - Other current assets rose by 36.98% to ¥144,975,524.30 as the company invested idle raised funds in financial products[12] - Financial expenses turned positive with an increase of 836.21% due to higher interest income[12] Shareholder Information - The top shareholder, Shen Guofu, held 21.36% of the shares, totaling 37,759,236 shares[8] Operational Changes - Prepayments increased by 50.29% to ¥19,790,084.70 due to increased procurement of raw materials[12] - Construction in progress rose by 254.81% to ¥96,262,285.46 due to ongoing projects and new equipment installations[12] - The company holds 37,300,000 shares of Haining China Leather City, representing 3.33% of the company, with a market value of ¥546,072,000.00[18] Taxation - Income tax expenses increased by 63.29% to ¥14,251,318.24, reflecting an increase in total profit[12] Return on Investment - The weighted average return on net assets was 1.07%, a decrease of 0.05% from the previous year[4]