DETC(SH:600081)2017-10-26 16:00Financial Performance - Net profit attributable to shareholders increased by 61.48% to CNY 125,537,463.21 for the first nine months of the year[6]. - Operating revenue for the first nine months rose by 19.46% to CNY 4,285,058,573.10 compared to the same period last year[6]. - Basic earnings per share increased by 61.52% to CNY 0.4004[7]. - The weighted average return on equity increased by 3.40 percentage points to 10.36%[6]. - Net profit attributable to the parent company increased by 61.48% to ¥125,537,463.21 from ¥77,741,177.91, driven by higher profits from subsidiaries and increased non-operating income[11]. - Net profit for the quarter was ¥82,003,372.67, representing a 145% increase from ¥33,387,486.63 in the previous year[21]. - The net profit for the first nine months of 2017 reached ¥104,012,392.00, significantly up from ¥42,120,970.01 in the same period last year, representing a year-over-year increase of 147.5%[26]. - The total comprehensive income attributable to the parent company for Q3 2017 was ¥43,045,250.14, up from ¥16,883,119.98 in Q3 2016, marking an increase of 154.7%[25]. Assets and Liabilities - Total assets increased by 13.20% to CNY 5,360,095,285.85 compared to the end of the previous year[6]. - Accounts receivable increased by 116.37% to ¥672,487,342.50 from ¥310,799,409.63 due to the increase in bank acceptance bills from three companies[11]. - Other current assets rose by 90.30% to ¥19,981,664.34 from ¥10,499,973.59, attributed to the reclassification of input VAT from subsidiaries[11]. - The total assets increased to ¥5,360,095,285.85 from ¥4,734,940,694.97, reflecting a growth in both current and non-current assets[15]. - Total liabilities rose to ¥3,589,309,173.55 from ¥3,073,906,262.91, indicating an increase in both current and non-current liabilities[15]. - The total liabilities increased to ¥122,010,617.13, compared to ¥95,416,049.78 at the beginning of the year, marking a rise of 27.8%[18]. Cash Flow - The net cash flow from operating activities increased by 168.94% to CNY 277,199,709.48 for the first nine months[6]. - The cash flow from operating activities for the first nine months of 2017 was ¥277,199,709.48, compared to ¥103,070,339.66 in the same period last year, indicating a growth of 169.5%[28]. - The total cash inflow from operating activities for the first nine months of 2017 was ¥3,533,833,286.23, compared to ¥3,301,840,064.43 in the same period last year, indicating an increase of 7.0%[28]. - The company experienced a net cash flow from operating activities of -29,764,165.71 RMB, slightly worse than -27,855,037.68 RMB in the previous year[30]. - The net cash flow from financing activities was -6,931,676.13 RMB, an improvement from -112,811,923.00 RMB in the previous year[29]. Shareholder Information - The company reported a total of 24,575 shareholders at the end of the reporting period[8]. - The largest shareholder, Dongfeng Auto Parts (Group) Co., Ltd., holds 65.00% of the shares[8]. Government Support and Other Income - Government subsidies recognized in the first nine months amounted to CNY 12,297,030.20[7]. - The company recorded a total of CNY 1,866,297.76 in non-operating income and expenses for the first nine months[7]. - Investment income increased by 40.75% to ¥64,892,509.85 from ¥46,104,760.31, mainly due to higher dividends from subsidiaries[11]. - Cash received from investment income was 34,253,496.62 RMB, down from 54,957,866.35 RMB year-over-year[31]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[21].