浙江世宝(002703) - 2014 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 192,817,261.48, an increase of 11.37% year-on-year[7] - Net profit attributable to shareholders was CNY 9,086,961.40, up 4.39% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 7,707,622.91, a 6.25% increase year-on-year[7] - Basic earnings per share for the reporting period was CNY 0.033, a 6.45% increase year-on-year[7] - The estimated net profit attributable to shareholders for 2014 is expected to decrease by 30.00% to 0.00%, with a range of 34.18 million to 48.82 million yuan[15] - The company expects that the net profit excluding non-recurring gains and losses will increase compared to the previous year[15] Assets and Liabilities - Total assets increased by 5.68% to CNY 1,388,829,510.17 compared to the end of the previous year[7] - The company’s total liabilities increased due to a 142.63% rise in cash flow from financing activities, primarily from new bank loans[12] - Other receivables decreased by 62.25% compared to the beginning of the period, mainly due to the recovery of project construction guarantee deposits[14] - Other current assets decreased by 42.93% compared to the beginning of the period, primarily due to a reduction in deductible VAT[14] - Other non-current assets increased by 119.13% compared to the beginning of the period, mainly due to an increase in prepaid asset payments[14] - Taxes payable decreased by 48.28% compared to the beginning of the period, mainly due to a reduction in income tax and VAT payable[14] - Other payables increased by 68.62% compared to the beginning of the period, primarily due to the receipt of project construction guarantee deposits[14] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 43,960,974.27, an increase of 24.91%[7] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,509[10] - The company plans to issue A-shares, with the application approved by the China Securities Regulatory Commission on September 26, 2014[13] Expenses - Operating tax and surcharges increased by 31.58% compared to the same period last year, mainly due to the expansion of sales scale[14] - Financial expenses increased by 49.97% compared to the same period last year, primarily due to new bank loans for expanding production and operations[14] - Non-operating expenses decreased by 68.94% compared to the same period last year, mainly due to a reduction in expenses not directly related to business operations[14] Return on Assets - The weighted average return on net assets decreased by 1.07% to 4.89% year-to-date[7]