NARADA(300068)2014-10-27 16:00Financial Performance - Total revenue for the reporting period was CNY 1,120,347,008.82, representing a 28.63% increase year-on-year[8] - Net profit attributable to shareholders decreased by 2.97% to CNY 35,013,859.61 compared to the same period last year[8] - Basic earnings per share remained stable at CNY 0.06, with a year-to-date increase of 26.67%[8] - The net profit for the quarter was CNY 40,026,079.81, a decrease of 8.5% from CNY 43,891,437.76 in the previous year[51] - Net profit for the current period was ¥122,473,665.04, an increase of 9.0% compared to ¥111,627,679.32 in the prior period[56] Cash Flow - The company reported a net cash flow from operating activities of CNY -426,034,143.86, a decrease of 53.46% year-on-year[8] - Cash flow from operating activities showed a net outflow of ¥426,034,143.86, worsening from a net outflow of ¥277,618,578.11 in the previous period[62] - Net cash flow from operating activities was -CNY 401,246,541.97, worsening from -CNY 189,720,980.01 year-over-year[66] - The ending cash and cash equivalents balance was CNY 227,310,838.97, compared to CNY 206,172,744.30 in the previous period, reflecting a slight increase[67] Assets and Liabilities - Total assets increased by 6.41% to CNY 4,503,066,226.94 compared to the end of the previous year[8] - The total liabilities increased to ¥1,428,087,448.66 from ¥1,205,687,725.03, representing a growth of approximately 18.47%[45] - The total current assets increased to ¥2,799,666,684.45 from ¥2,614,769,579.00, reflecting a growth of approximately 7.06%[43] - The company's fixed assets rose to ¥1,151,313,570.58 from ¥925,864,906.31, indicating an increase of about 24.38%[44] Shareholder Information - The total number of shareholders at the end of the reporting period is 36,948[14] - The company's actual controller holds 29.89% of the total share capital, maintaining control over the company despite changes in shareholding structure[15] - The total share capital has increased to 604,404,400 shares due to the exercise of stock options under the company's equity incentive plan[15] Sales and Market Performance - Sales of high-temperature batteries reached approximately CNY 5,638.63 million, a significant increase of 228% year-on-year, with overseas sales growing by 232.16%[22] - The sales of lithium-ion batteries for communication backup in the Chinese market grew rapidly, reaching CNY 3,637.63 million, up 98.96% year-on-year[22] - The sales of lead-carbon batteries for low-speed electric vehicles amounted to CNY 2,380.16 million, representing a year-on-year increase of 31.84%[24] Investments and Projects - Total fundraising amount reached CNY 197,472.76 million, with CNY 612.24 million invested in the current quarter[35] - The Hangzhou Energy Technology Valve-Controlled Battery Project has a total investment of CNY 49,837.6 million, achieving 100.78% of the planned investment[35] - The R&D base construction project has a total investment of CNY 2,250 million, with 92.09% of the planned investment completed[35] Compliance and Commitments - The company has committed to ensuring no adverse effects from tax liabilities related to dissolved subsidiaries[32] - The company has maintained compliance with commitments made by directors and senior management regarding share transfer restrictions[33] - The company has not reported any violations of commitments by its directors, supervisors, and senior management[33] Operational Efficiency - The company is actively expanding its production capacity and improving production efficiency to enhance delivery capabilities[26] - The company is focusing on optimizing product design and production processes to reduce manufacturing costs and improve product performance[25] - The company’s cash flow from operating activities remains negative, indicating ongoing challenges in operational efficiency[66]