ZTT(600522)2017-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 19,365,331,494.59, a 32.81% increase year-on-year[6] - Net profit attributable to shareholders increased by 25.66% to CNY 1,438,808,895.99 compared to the same period last year[6] - The company's operating revenue for the period was CNY 19,365,331,494.59, reflecting a growth of 32.81% compared to CNY 14,580,735,631.58 in the same period last year, driven by increased sales of cable products and bulk commodities[17] - Total operating revenue for Q3 2017 reached ¥7,064,229,686.21, an increase of 31.4% compared to ¥5,377,156,019.24 in Q3 2016[30] - Net profit attributable to the parent company for the first nine months of 2017 was ¥5,437,104,026.36, compared to ¥4,304,902,382.47 in the same period last year, reflecting a growth of 26.4%[30] - The company's operating profit for the first nine months of 2017 was ¥840,528,912.90, an increase from ¥774,719,306.93 in the same period last year[34] - The net profit attributable to shareholders for Q3 2017 was ¥488,233,143.30, up 16.9% from ¥417,312,472.96 in Q3 2016[34] - The total profit for Q3 2017 was ¥577,559,112.23, representing a 19.5% increase compared to ¥483,490,151.45 in Q3 2016[34] Assets and Liabilities - Total assets increased by 27.28% to CNY 26,031,917,433.51 compared to the end of the previous year[6] - Net assets attributable to shareholders increased by 44.50% to CNY 17,256,440,202.15 compared to the end of the previous year[6] - The total assets of the company reached CNY 26,031,917,433.51, up from CNY 20,452,530,670.55, indicating robust growth in asset base[22] - Total assets as of September 30, 2017, amounted to ¥18,669,231,702.49, an increase from ¥14,294,699,978.94 at the beginning of the year, representing a growth of 30.5%[28] - Total liabilities as of September 30, 2017, were ¥4,437,400,713.22, a decrease from ¥4,823,342,829.04 at the beginning of the year, indicating a reduction of 8.0%[28] Cash Flow - The net cash flow from operating activities was negative at CNY -539,391,562.53 for the first nine months[6] - The net cash flow from financing activities surged by 249.50% to CNY 3,079,928,886.37 from CNY 881,245,191.62, attributed to increased funds from stock issuance[18] - Cash inflow from operating activities totaled CNY 21.63 billion, compared to CNY 16.68 billion in the same period last year[38] - The company’s total cash outflow from operating activities was CNY 22.17 billion, up from CNY 16.48 billion in the same period last year[38] - The company reported a net cash inflow from financing activities of CNY 3.08 billion, significantly higher than CNY 881.25 million in the same period last year[39] - Investment activities resulted in a net cash outflow of CNY -1.01 billion, an improvement from CNY -1.11 billion in the same period last year[38] Shareholder Information - The total number of shareholders reached 131,849 as of the end of the reporting period[10] - The largest shareholder, Zhongtian Technology Group Co., Ltd., holds 25.05% of the shares, with 334,926,955 shares pledged[10] Expenses and Costs - Operating costs increased by 34.91% to CNY 16,140,355,989.87 from CNY 11,963,648,496.17, correlating with the rise in sales[17] - The company reported a significant increase in financial expenses, which rose by 119.79% to CNY 111,649,649.05 due to increased foreign exchange losses[17] - The operating costs for Q3 2017 were ¥2,006,403,650.12, which is a 31.9% increase from ¥1,520,847,843.18 in Q3 2016[34] - The company's tax expenses for Q3 2017 amounted to ¥87,180,906.12, compared to ¥68,345,666.24 in Q3 2016, reflecting a 27.5% increase[34] Investments - The company reported a total of CNY 123,921,767.03 in non-recurring gains and losses for the reporting period[8] - The company’s prepayments rose significantly by 247.04% to CNY 1,104,330,426.75 from CNY 318,216,523.78, primarily due to increased payments for construction projects and metal material purchases[15] - The company’s long-term borrowings increased dramatically by 4278.75% to CNY 680,000,000.00 from CNY 15,529,533.16, reflecting a strategic move to finance ongoing projects[15] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]