JHCC(002484)2014-10-28 16:00Financial Performance - Net profit attributable to shareholders rose by 21.25% to CNY 43,077,477.45 for the current period[7] - Operating revenue for the current period reached CNY 301,744,511.51, an increase of 8.88% year-on-year[7] - Basic earnings per share decreased by 22.79% to CNY 0.1294[7] - The weighted average return on net assets was 2.84%, a slight increase of 0.33% compared to the previous year[7] - Investment income increased by ¥17,349,157.23, a growth of 165.84%, mainly from the equity transfer income from Nantong Top Electronic Materials Co., Ltd.[16] - The net profit attributable to shareholders for 2014 is expected to be positive, with a change range of 10.00% to 30.00%, translating to ¥142,685.7 to ¥167,926.6[22] Assets and Investments - Total assets increased by 5.25% to CNY 1,911,134,212.97 compared to the end of the previous year[7] - Long-term equity investments increased by 41.19% to CNY 99,000,000 due to investments in VOLTA Materials Co., Ltd. and other projects[14] - Construction in progress surged by 236.75% to CNY 70,000,000, reflecting increased investment in fixed assets[14] Cash Flow and Borrowings - The net cash flow from operating activities increased by 59.86% to CNY 125,985,320.95 year-to-date[7] - Operating cash flow net increased by ¥47,177,009.3, a rise of 59.86%, mainly due to negotiations with suppliers extending payment terms[18] - Short-term borrowings decreased by ¥48,833,344.67, a decline of 89.06%, mainly due to the repayment of bank loans by subsidiaries Fengxiang Haiyuan and Jiangsu Rongsheng Electronics[15] Liabilities and Payables - Accounts payable increased by ¥32,698,035.80, a growth of 132.37%, primarily due to the company's application for bank acceptance bills to pay due goods[15] - Employee compensation payable increased by ¥2,093,836.06, a rise of 52.95%, mainly due to the accrual of employee performance assessment benefits[15] - Tax payable increased by ¥10,145,044.01, a growth of 132.5%, primarily due to an increase in corporate income tax payable[15] - Other payables decreased by ¥8,361,081.75, a decline of 32.67%, mainly due to payments made by Fengxiang Haiyuan for part of the project funds[15] - Financial expenses decreased by ¥2,796,167.36, a decline of 50.34%, mainly due to reduced exchange losses[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,556[10] - The top shareholder, Yiwai Investment Co., Ltd., holds 37.50% of shares, totaling 124,800,000 shares[10] Market Outlook - The company anticipates maintaining strong market demand and performance growth in the fourth quarter[22]