Shenli(603819)2017-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 516,720,445.02, a 26.75% increase year-on-year[6] - Net profit attributable to shareholders decreased by 25.92% to CNY 25,699,008.69 compared to the same period last year[6] - Basic and diluted earnings per share dropped by 46.15% to CNY 0.21[7] - The weighted average return on equity decreased by 3.77 percentage points to 3.50%[7] - Total operating revenue for Q3 2017 reached ¥194,557,590.11, a 46.5% increase from ¥132,912,467.86 in Q3 2016[27] - Net profit for Q3 2017 was ¥4,123,543.39, a decrease of 57.5% compared to ¥9,708,434.66 in Q3 2016[29] - Total profit for Q3 2017 was ¥5,241,236.42, a decline of 54.6% from ¥11,567,964.43 in Q3 2016[29] - The net profit for the first nine months of 2017 was CNY 24,279,237.36, down from CNY 33,678,031.68 in the same period of 2016, indicating a decrease of about 27.9%[34] Cash Flow - The net cash flow from operating activities was negative at CNY -69,827,647.28, compared to CNY -47,351,892.59 in the previous year[6] - The net cash flow from investing activities was negative at CNY -144,293,850.56, mainly due to investments in financial products and construction projects[15] - The net cash flow from financing activities was positive at CNY 50,131,166.66, primarily due to increased bank loans[15] - Cash flow from operating activities for the first nine months of 2017 was negative at CNY -69,827,647.28, worsening from CNY -47,351,892.59 in the same period last year[36] - Cash inflow from investment activities was CNY 110,006,082.10, while cash outflow was CNY 254,299,932.66, resulting in a net cash flow from investment activities of CNY -144,293,850.56[36] - Cash inflow from financing activities was 20 million in the same period last year[39] - Net cash flow from financing activities improved to 10.93 million in the previous year[39] Assets and Liabilities - Total assets increased by 12.17% to CNY 871,719,101.54 compared to the end of the previous year[6] - Total current assets increased to CNY 747,189,504.60 from CNY 653,868,493.02, representing a growth of approximately 14.25%[19] - Total liabilities surged to CNY 133,362,071.94 from CNY 50,066,478.94, indicating a substantial increase of around 166.5%[21] - Owner's equity rose to CNY 738,357,029.60 from CNY 727,105,158.14, showing a slight increase of approximately 1.72%[21] - Cash and cash equivalents decreased to CNY 130,747,455.39 from CNY 294,737,786.57, a decline of about 55.7%[19] Shareholder Information - The total number of shareholders reached 12,544 at the end of the reporting period[10] - The largest shareholder, Chen Zhongwei, holds 42.46% of the shares, with 50,949,000 shares pledged[11] Operational Costs and Expenses - Operating costs increased by 34.79% to CNY 450,820,855.97, primarily due to higher raw material costs[15] - Operating tax and additional charges rose by 56.04% to CNY 3,281,639.38, resulting from policy adjustments in various taxes[15] - Total operating costs for Q3 2017 were ¥190,521,118.76, up 55.5% from ¥122,503,962.55 in Q3 2016[27] Other Financial Metrics - Non-recurring gains and losses included a land disposal gain of CNY 2,737,705.64 from government acquisition[8] - The company reported a significant increase in other operating income by 134.33% to CNY 3,323,047.48, due to gains from land repurchase by the government[15] - The company has not reported any new product launches or significant market expansion strategies during this period[27]