通富微电(002156) - 2014 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 568,286,332.21, representing a year-on-year growth of 17.69%[8] - Net profit attributable to shareholders increased by 85.92% to CNY 36,664,959.13 for the period[8] - Basic earnings per share rose by 86.67% to CNY 0.0560[8] - Net profit attributable to shareholders of the parent company was 8,608 million CNY, reflecting a 94.85% increase year-on-year[18] - The company expects net profit attributable to shareholders for 2014 to range between 9,705.65 million CNY and 12,132.06 million CNY, representing a growth of 60.00% to 100.00% compared to 6,066.03 million CNY in 2013[28] Asset and Liability Changes - Total assets increased by 3.77% to CNY 3,825,241,690.50 compared to the end of the previous year[8] - The company’s long-term borrowings decreased by 46.46% compared to the beginning of the period, mainly due to the reclassification of some long-term borrowings to current liabilities[17] - Other receivables decreased by 84.63% compared to the beginning of the period, mainly due to a reduction in export tax rebates[16] - The company’s deferred income tax assets increased by 52.01% compared to the beginning of the period, mainly due to an increase in asset impairment provisions[16] - The company’s intangible assets increased by 39.14% compared to the beginning of the period, primarily due to an increase in land use rights[16] Cash Flow Analysis - The net cash flow from operating activities for the year-to-date period was CNY 142,986,290.19, down 10.51% compared to the previous year[8] - The company’s cash flow from investment activities decreased by 36.53% year-on-year, primarily due to the recovery of equity transfer payments from Toshiba Semiconductor (Wuxi) Co., Ltd. in the previous year[20] - The company’s cash flow from financing activities increased by 42.48% year-on-year, mainly due to a decrease in cash used for debt repayment[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,703[12] - The top shareholder, Nantong Huada Microelectronics Group Co., Ltd., holds 36.93% of the shares, totaling 239,990,400 shares[12] Expenses and Subsidies - The company’s sales expenses increased by 40.90% year-on-year, primarily due to expanded scale and increased personnel costs, transportation fees, and travel expenses[18] - The company received government subsidies amounting to CNY 45,954,832.27 during the reporting period[9] - The net profit after deducting non-recurring gains and losses decreased by 23.92% to CNY 12,917,361.65 for the period[8] Return on Investment - The weighted average return on net assets increased to 1.58%, up from 0.70% in the previous year[8]