RSPC(SZ:002493)2014-10-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 31.85% to CNY 63.22 million year-on-year[7] - Operating revenue for the period was CNY 7.79 billion, down 14.11% compared to the same period last year[7] - Basic earnings per share decreased by 25.00% to CNY 0.06[7] - The weighted average return on net assets was 0.90%, down 0.45 percentage points from the previous year[7] - The company reported a net profit margin of approximately 0.6% for the quarter, down from 0.4% in the previous year[29] - The net profit for the third quarter was CNY 74,209,681.25, down 39.5% from CNY 122,666,647.76 in the same period last year[30] - The total comprehensive income for the third quarter was CNY 79,708,146.19, a decrease of 37.1% from CNY 126,775,472.22 in the prior year[30] - The company reported a total profit of CNY 75,035,426.01 for the third quarter, a decrease of 46.5% from CNY 140,044,170.07 in the same period last year[30] - The investment income for the third quarter was CNY 39,979,192.84, down 60.7% from CNY 101,592,230.80 in the previous year[30] Assets and Liabilities - Total assets increased by 18.02% to CNY 33.48 billion compared to the end of the previous year[7] - The company reported a decrease in net assets attributable to shareholders by 1.47% to CNY 6.93 billion compared to the end of the previous year[7] - Total liabilities rose to CNY 24,171,026,770.54, compared to CNY 18,946,337,395.51, marking an increase of 27.5%[24] - The company's non-current assets totaled CNY 18,526,780,153.00, an increase from CNY 16,097,055,789.55, representing a growth of 15.1%[24] - The total equity attributable to shareholders decreased to CNY 6,927,795,037.89 from CNY 7,031,382,994.26, a decline of 1.5%[24] Cash Flow - Cash flow from operating activities increased significantly by 496.10% to CNY 4.63 billion year-to-date[7] - Operating cash flow for the period was 4,632,186,719.15 CNY, a significant improvement from a negative cash flow of -1,169,446,940.60 CNY in the previous year[42] - Cash inflow from operating activities totaled 24,546,030,485.07 CNY, compared to 19,551,582,945.96 CNY in the prior period, reflecting a 25.6% increase[41] - Cash outflow from operating activities was 19,913,843,765.92 CNY, slightly down from 20,721,029,886.56 CNY in the previous year[41] - The company reported a cash and cash equivalents balance of 3,392,998,853.26 CNY at the end of the period, up from 2,311,306,533.50 CNY in the previous year[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,765[10] - Zhejiang Rongsheng Holding Group Co., Ltd. held 76.44% of the shares, making it the largest shareholder[10] Operational Insights - The company anticipates slow downstream demand growth and price declines for its main products, impacting overall performance[18] - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[29] Other Financial Metrics - Financial expenses rose by 199.41% to ¥380,061,274.05 from ¥126,936,131.01, attributed to increased interest expenses and foreign exchange losses[16] - Other payables increased significantly by 1448.48% to ¥1,141,378,732.43 from ¥73,709,400.60, primarily due to increased amounts payable to the parent company[15] - The company recorded a loss of CNY 11,880,448.93 in operating profit for the year-to-date period, compared to a profit of CNY 244,338,742.11 in the previous year[34]