SMAC(SH:600073)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 16,881,921,357.78, an increase of 73.51% year-on-year[7] - Net profit attributable to shareholders for the first nine months was CNY 299,572,276.72, reflecting a growth of 3.12% compared to the same period last year[7] - The company reported a net profit of CNY 280,811,626.93 for the first nine months, an increase of 8.55% year-on-year[7] - Total revenue for the third quarter reached ¥4,705,684,239.05, a 49.5% increase compared to ¥3,152,829,308.43 in the same period last year[26] - Year-to-date revenue for the first nine months amounted to ¥16,881,921,357.78, up from ¥9,729,743,079.76 in the previous year, reflecting a growth of 73.9%[26] - The company reported a net profit of ¥268,935,317.02 for the current period, compared to a loss of ¥36,945,051.97 in the previous year[23] Cash Flow - Cash flow from operating activities for the first nine months was CNY 1,092,692,119.62, up 60.92% year-on-year[7] - Cash flow from operating activities amounted to ¥18,549,973,665.89, up from ¥11,178,134,649.84 in the same period last year, indicating a growth of approximately 66.5%[36] - The net cash flow from operating activities was ¥1,092,692,119.62, compared to ¥679,045,156.29 in the previous year, reflecting a year-over-year increase of about 60.9%[36] - Cash flow from investing activities showed a net outflow of ¥109,930,098.57, worsening from a net outflow of ¥35,905,685.16 in the previous year[37] - Cash flow from financing activities resulted in a net outflow of ¥776,724,283.62, compared to a smaller outflow of ¥12,287,880.90 in the same period last year[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,328,806,065.34, a decrease of 2.03% compared to the end of the previous year[7] - The company’s estimated liabilities rose by 63.93% to RMB 4,339.12 million, compared to RMB 2,646.96 million at the beginning of the year[11] - Total assets reached ¥6,393,533,504.87, compared to ¥6,213,195,656.30 at the beginning of the year, showing an increase of 2.9%[23] - Total liabilities decreased to ¥3,319,304,972.78 from ¥3,468,180,279.16, a reduction of 4.3%[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 69,510[9] - The top shareholder, Shanghai Yimin Food Factory (Group) Co., Ltd., held 298,386,000 shares, accounting for 31.82% of the total[10] Earnings and Expenses - Basic earnings per share for the reporting period was CNY 0.319, an increase of 2.90% compared to the previous year[8] - The weighted average return on equity decreased by 0.38 percentage points to 8.97%[8] - Operating costs increased by 79.41% year-on-year, totaling RMB 1,466,358.77 million[11] - The company incurred financial expenses of RMB 7,115.17 million, reflecting a 71.86% increase year-on-year[11] - The sales expenses for Q3 2017 were approximately ¥328.52 million, compared to ¥235.01 million in Q3 2016, which is an increase of 39.7%[27] - The management expenses for Q3 2017 were about ¥164.34 million, up from ¥97.55 million in the same quarter last year, representing a rise of 68.4%[27] Investment Income - Investment income surged by 187.47%, amounting to RMB 6,776.93 million compared to RMB 2,357.47 million last year[11] - The company reported an investment income of approximately ¥17.48 million for Q3 2017, up from ¥7.19 million in the same period last year, showing an increase of 143.5%[27] Comprehensive Income - The total comprehensive income for Q3 2017 was approximately -¥80.33 million, contrasting with a positive comprehensive income of ¥144.71 million in Q3 2016[29] - The company reported a comprehensive income total of ¥95,885,295.33, consistent with the net profit figure, indicating no significant other comprehensive income adjustments[33] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[26]