歌尔股份(002241) - 2014 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥3,685,547,241.58, representing a year-on-year growth of 43.36%[7] - Net profit attributable to shareholders was ¥465,276,583.71, up 29.76% year-on-year[7] - Basic earnings per share for the reporting period was ¥0.31, reflecting a 29.17% increase compared to the same period last year[7] - Operating revenue for the period was 8,358.60 million yuan, reflecting a growth of 34.03% year-over-year, supported by the rapid development of the smart terminal industry and increased technical investments[17] - The net profit attributable to shareholders for 2014 is expected to increase by 25% to 45%, ranging from CNY 163,328.31 thousand to CNY 189,460.84 thousand[25] - The net profit for 2013 was CNY 130,662.65 thousand, indicating a significant growth trajectory for the company[25] Asset Management - Total assets at the end of the reporting period reached ¥14,875,620,981.03, an increase of 18.09% compared to the end of the previous year[7] - Accounts receivable increased by 196.55% to ¥92,666,900, primarily due to increased revenue and customers opting for bill payment methods[14] - Inventory at the end of the period rose by 105.39% to ¥2,419,501,100, driven by expanded operations and increased revenue[14] - Prepayments increased by 71.96% to ¥104,694,900, attributed to higher material prepayments due to increased revenue[14] - Other receivables grew by 80.32% to ¥32,522,000, mainly due to increased export tax rebates and cash advances[14] - Long-term equity investments at the end of the period amounted to 122.89 million yuan, an increase of 136.79% compared to the beginning of the period, primarily due to increased investment and earnings from joint ventures[15] - Construction in progress at the end of the period totaled 975.24 million yuan, up 79.87% from the beginning of the period, driven by investments in infrastructure projects and equipment awaiting installation[15] - Goodwill at the end of the period reached 31.74 million yuan, a significant increase of 1,071.03% from the beginning of the period, resulting from the acquisition of shares in ETJ and Gsong Optical[15] Cash Flow - Cash flow from operating activities for the year-to-date was ¥486,880,080.29, showing a significant increase of 144.76%[7] - Net cash flow from operating activities was 486.88 million yuan, a substantial increase of 144.76% year-over-year, attributed to expanded sales and increased cash receipts from sales[19] Expenses - Operating costs for the period were 6,065.36 million yuan, an increase of 34.99% compared to the previous period, in line with the growth in operating revenue[17] - Financial expenses for the period were 83.38 million yuan, a decrease of 30.35% year-over-year, primarily due to increased exchange gains from RMB depreciation[17] - The company reported a significant increase in sales expenses, totaling 148.30 million yuan, which is a 38.92% increase year-over-year, driven by the expansion of sales activities[17] Investments - The company signed a Share Sale and Purchase Agreement to acquire 83% of Dynaudio Holding A/S for a total investment of 41.5 million USD, with an additional 8.5 million USD for 17% of the shares by its subsidiary[21] Tax and Deferred Income - Deferred income tax assets at the end of the period were 29.57 million yuan, up 44.23% from the beginning of the period, due to increased expenses related to equity-settled share payments[15] Market Position - The growth is attributed to the stable increase in the smart terminal industry and the gradual production capacity of previously funded projects, enhancing the company's competitive position[25]