WHKG(SH:600168)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders rose by 4.28% to CNY 262.85 million for the first nine months[6] - Operating revenue for the first nine months increased by 4.02% to CNY 893.46 million[6] - Basic earnings per share increased by 2.78% to CNY 0.37[7] - Total revenue for Q3 2017 was CNY 323,679,184.29, an increase of 6.4% compared to CNY 304,514,879.14 in Q3 2016[24] - Year-to-date revenue reached CNY 893,458,068.77, up from CNY 858,948,662.51 in the same period last year, reflecting a growth of 4.1%[24] - The total profit for the first nine months of 2017 was 299,686,161.21 CNY, compared to 276,540,497.58 CNY in the same period last year, representing an increase of approximately 8.3%[25] - Net profit for the first nine months of 2017 was CNY 21,789,576.48, a decrease from CNY 33,729,821.34 in the same period last year, representing a decline of approximately 35.4%[29] Assets and Liabilities - Total assets increased by 11.26% to CNY 9.59 billion compared to the end of the previous year[6] - The company's total liabilities increased significantly, with accounts payable rising by 100% due to the issuance of bank acceptance bills for project payments[11] - Total liabilities increased to CNY 4,633,424,822.60 from CNY 3,843,410,318.14, representing a rise of 20.5%[18] - Non-current assets totaled CNY 7,321,280,632.15, up from CNY 6,775,303,942.06, marking an increase of 8.1%[18] - Current liabilities rose to CNY 2,351,391,284.15, compared to CNY 1,755,789,689.32, reflecting a growth of 33.9%[18] - The balance of other non-current assets increased by 141,804.61% compared to the beginning of the year, mainly due to prepayments for equipment and project payments[11] Cash Flow - Cash flow from operating activities decreased by 5.58% to CNY 169.54 million compared to the same period last year[6] - The net cash flow from investing activities decreased by 158.63% year-on-year, attributed to increased investment expenditures for wastewater construction projects[12] - The net cash flow from financing activities increased by 244.76% year-on-year, primarily due to a rise in cash received from borrowings[12] - Cash inflow from financing activities was $95,000,000.00, down from $348,250,000.00, a decrease of about 73%[35] - Cash outflow for dividends and interest payments was $104,005,428.08, slightly up from $101,468,465.96, an increase of about 3%[35] Investments and Income - Investment income increased by 189.15% year-on-year, mainly due to higher returns from investments in Wuhan Hanxi Wastewater Treatment Co., Ltd.[12] - The company received government subsidies amounting to CNY 21.12 million during the reporting period[9] - Other income surged by 100% compared to the previous year, as government subsidies were recognized under this category starting in 2017[12] - The company reported other income of 38,615,943.84 CNY in Q3 2017, compared to 0 CNY in Q3 2016, indicating a significant increase in other income sources[25] Shareholder Information - The number of shareholders reached 41,286 at the end of the reporting period[8] Operational Metrics - The company's operating profit for the first nine months of 2017 was 278,585,739.86 CNY, compared to 108,397,604.55 CNY in the same period last year, indicating a growth of approximately 157.5%[25] - Total operating costs for Q3 2017 were 258,233,184.57 CNY, slightly down from 272,065,248.49 CNY in Q3 2016, a decrease of about 5.1%[25] - The company's financial expenses decreased by 47.63% year-on-year, mainly due to increased foreign exchange gains[12] - The company's tax expenses for Q3 2017 were 14,818,774.05 CNY, compared to 6,009,266.79 CNY in Q3 2016, which is an increase of approximately 146.5%[25]