浙江众成(002522) - 2014 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 3.79% to CNY 15,831,512.48 for the reporting period[7] - Operating revenue for the reporting period was CNY 146,049,815.14, representing an increase of 11.69% year-on-year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 17.40% to CNY 12,263,085.23[7] - Basic earnings per share decreased by 55.56% to CNY 0.04[7] - The net profit for the year-to-date period decreased by 23.63% to CNY 39,969,183.62 compared to the same period last year[7] - The company's net profit attributable to shareholders decreased by 24.62% year-on-year, primarily due to increased depreciation expenses and rising raw material costs[19] - The company expects a net profit attributable to shareholders for 2014 to decrease by 40.00% to 0.00% compared to the previous year, with an estimated range of 43.94 million to 73.24 million[23] Assets and Liabilities - Total assets increased by 25.13% to CNY 1,626,416,045.50 compared to the end of the previous year[7] - The company's total liabilities increased significantly, with interest payable rising by 519.94% to 0.59 million due to increased short-term borrowings[16] - The company's short-term borrowings increased by 128.34% to 112.61 million, mainly due to increased trade financing and other working capital loans[16] Cash Flow - The company reported a net cash flow from operating activities of CNY 40,461,881.91, a decrease of 34.60% year-to-date[7] - As of the end of the reporting period, the company's cash and cash equivalents amounted to 79.79 million, a decrease of 71.88% compared to the beginning of the year, primarily due to the purchase of financial products with idle funds authorized by the shareholders' meeting[16] - The company's operating cash flow net decreased by 34.6% year-on-year, mainly due to increased payments for raw materials and employee compensation[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,331[11] - The largest shareholder, Chen Dakui, holds 46.42% of the shares, amounting to 205,000,000 shares[11] Expenses and Investments - The company's financial expenses increased by 171.16% to 2.38 million, primarily due to reduced interest income from bank deposits and increased foreign exchange losses[18] - Management expenses increased by 22.34% to 52.12 million, driven by higher R&D expenditures and increased employee compensation[18] - The company's investment income from joint ventures increased by 964.14% year-on-year, mainly due to profits generated by the joint venture Zhejiang Zhongda Packaging Equipment Co., Ltd.[18] Capital Changes - The company completed a rights issue during the reporting period, resulting in a 158.77% increase in paid-in capital to 441.64 million[16]