CCS(SH:600180)2017-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 24,351,943,181.29, an increase of 85.83% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 353,808,693.67, up 20.44% from the same period last year[7] - Basic and diluted earnings per share increased by 20.62% to CNY 0.3481[8] - The company's investment income for the first nine months was RMB 292,392,231.70, an increase of 100.42% year-on-year[14] - The company reported a net profit margin of approximately 1.4% for the first nine months of the year, compared to 0.8% in the same period last year[24] - The net profit attributable to the parent company for Q3 2017 was ¥41.60 million, down from ¥109.96 million in Q3 2016, reflecting a decline of 62.2% year-over-year[25] - The total profit for the first nine months of 2017 was reported as a loss of ¥46.18 million, compared to a profit of ¥13.48 million in the same period of 2016[28] Cash Flow - Cash flow from operating activities showed a significant decline, with a net cash outflow of CNY -2,360,252,703.56, worsening by 199.52% compared to the previous year[7] - Net cash flow from operating activities was negative CNY 2,360,252,703.56, compared to negative CNY 788,022,117.55 in the previous year, indicating a worsening cash flow situation[32] - Cash inflow from investment activities totaled CNY 1,676,238,391.91, down from CNY 3,381,884,657.40 year-on-year, reflecting a decrease of about 50.5%[33] - Net cash flow from investment activities was positive CNY 770,530,272.53, compared to negative CNY 53,745,554.75 in the previous year, showing a significant improvement[33] - Cash inflow from financing activities amounted to CNY 11,290,212,657.05, an increase from CNY 10,421,591,999.41 year-on-year, indicating a growth of approximately 8.3%[33] - The company reported a net cash outflow of CNY 328,477,171.13 for the period, contrasting with a net increase of CNY 394,638,905.40 in the same period last year[33] Assets and Liabilities - Total assets increased by 16.31% to CNY 19,045,658,784.82 compared to the end of the previous year[7] - The company's total assets reached RMB 19,045,658,784.82, compared to RMB 16,374,708,086.92 at the beginning of the year[19] - The company's total liabilities increased, with short-term borrowings rising to RMB 3,997,394,575.21, up from RMB 3,391,934,267.31[19] - Total liabilities increased to ¥8,639,167,494.11 from ¥7,033,725,980.29, representing a rise of 22.8%[23] - The total liabilities to equity ratio stands at approximately 1.73, indicating a relatively high leverage position[24] Shareholder Information - The total number of shareholders reached 23,055 by the end of the reporting period[12] - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., holds 60.81% of the shares, with 618,133,813 shares pledged[12] Inventory and Prepayments - Inventory increased to RMB 1,085,651,684.21, up 181.16% from the beginning of the year, driven by business scale expansion[14] - Prepayments rose significantly to RMB 1,544,506,267.64, a 267.11% increase compared to the beginning of the year, due to increased business activities[14] - The company experienced a significant increase in pre-receipts, which reached RMB 1,023,873,813.36, a 557.53% increase compared to the beginning of the year[14] Operating Costs - Total operating costs for the quarter were ¥8,378,927,739, up from ¥5,431,484,176, reflecting a 54.0% increase year-over-year[24] - The company's operating costs for Q3 2017 included management expenses of ¥21.92 million, which increased from ¥9.75 million in Q3 2016, representing a rise of 125.5% year-over-year[27] - The financial expenses for Q3 2017 were ¥106.13 million, a significant increase from ¥39.81 million in Q3 2016, indicating a rise of 166.5% year-over-year[27] Government Subsidies and Non-recurring Items - The company received government subsidies amounting to CNY 11,522,029.35 during the reporting period, closely related to its normal business operations[9] - Non-recurring gains and losses totaled CNY -39,271,551.65 for the reporting period[10]