CASTECH(SZ:002222)2014-10-24 16:00Financial Performance - Operating revenue for the reporting period was ¥56,313,049.49, representing a year-on-year growth of 21.29%[3] - Net profit attributable to shareholders was ¥8,204,136.95, a decrease of 22.15% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥8,276,720.76, a slight decrease of 0.91% year-on-year[3] - Basic earnings per share for the reporting period was ¥0.03, down 25.00% compared to the same period last year[4] - The weighted average return on equity was 1.30%, a decrease of 0.40 percentage points compared to the previous year[4] - The company reported a net cash flow from operating activities of ¥43,042,040.17, a decline of 3.36%[4] - Net profit attributable to shareholders is expected to range from ¥31,388,400 to ¥47,082,600, a decrease of 20.00% to 20.00% compared to the previous year[14] Assets and Liabilities - Total assets at the end of the reporting period reached ¥723,582,348.19, an increase of 0.36% compared to the previous year[3] - Prepayments increased by 157.81% to ¥2,764,725.12 due to higher material procurement[11] - Other current assets decreased by 62.06% to ¥524,393.18 as a result of VAT input tax certification[11] - Construction in progress rose by 315.74% to ¥1,330,365.00 due to new project payments[11] - Long-term deferred expenses decreased by 39.07% to ¥493,620.98 due to amortization[11] - The company reported a significant increase in accounts payable, which decreased by 32.16% to ¥16,927,498.77 due to payments made during the period[11] Investment and Income - Investment income dropped by 63.17% to ¥2,423,290.35 due to reduced profits from associates[11] - Income tax expenses increased by 31.28% to ¥6,770,214.91 due to higher taxable income[11] - Cash flow from investment activities increased by 60.00% to ¥3,042,807.88 due to cash received from asset disposals[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,116[7] - The largest shareholder, the Chinese Academy of Sciences Fujian Institute of Material Structure Research, held 27.43% of the shares[7] Accounting Adjustments and Risks - The company has made adjustments to its financial statements according to the revised accounting standards, but this did not affect the profit or loss for the reporting period[4] - The company faces potential risks related to its investment in Fujian Wanbang Optoelectronics Technology Co., Ltd. due to operational issues[12]