ZYSC(SH:600280)2017-10-19 16:00Financial Performance - Operating revenue increased by 43.73% to CNY 6,476,469,506.00 for the period from January to September[6] - Net profit attributable to shareholders increased by 240.10% to CNY 272,460,886.50 for the period from January to September[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 198.69% to CNY 308,166,455.43 for the period from January to September[6] - The weighted average return on equity increased by 9.88 percentage points to 14.66%[6] - Basic and diluted earnings per share increased by 242.86% to CNY 0.24[6] - The net profit for the period increased significantly to CNY 33,828.08 million, up 170.38% from CNY 12,511.34 million in the previous year[13] - Net profit attributable to shareholders of the parent company was ¥29,669,568.93 in Q3 2017, compared to ¥5,754,402.57 in Q3 2016, marking an increase of approximately 416.5%[22] Assets and Liabilities - Total assets decreased by 2.35% to CNY 15,980,249,218.38 compared to the end of the previous year[6] - The total assets as of September 30, 2017, were CNY 15,980,249.22 million, down from CNY 16,364,224.76 million at the beginning of the year[17] - The total liabilities decreased to CNY 13,998,010.84 million from CNY 14,594,849.74 million at the start of the year[17] - The total assets as of the end of Q3 2017 amounted to ¥9,631,312,947.53, compared to ¥9,469,867,573.14 at the end of Q3 2016, reflecting a growth of about 1.7%[19] - The total liabilities increased to ¥7,733,095,211.88 from ¥7,605,338,584.75, which is an increase of approximately 1.7%[19] Cash Flow - The company reported a net cash flow from operating activities of -CNY 159,816,914.66 for the period from January to September[6] - The cash flow from operating activities was negative at CNY -15,981.69 million, worsening from CNY -5,688.80 million in the same period last year[13] - The cash flow from operating activities for the first nine months of 2017 was negative at approximately -¥159.82 million, compared to -¥56.89 million in the same period last year[26] - The total cash inflow from operating activities was approximately ¥6.81 billion, an increase of 14.1% from ¥5.97 billion in the previous year[26] - The cash and cash equivalents at the end of Q3 2017 were approximately ¥363.69 million, a decrease from ¥523.43 million at the end of the previous year[27] - The ending cash and cash equivalents balance decreased to $98,132,503.37 from $260,022,873.85, showing a significant reduction in liquidity[29] Investment and Financing Activities - The company reported a significant increase in investment income to CNY 1,014.80 million, up 536.74% from CNY 159.37 million year-on-year[13] - Cash inflow from financing activities totaled $4,152,331,252.35, up from $3,402,912,442.02, reflecting a significant increase in financing efforts[29] - Cash outflow for debt repayment was $4,299,437,480.63, compared to $1,840,820,300.00, highlighting a substantial rise in debt servicing costs[29] - The company incurred sales expenses of approximately ¥101.85 million for the first nine months of 2017, up 13.7% from ¥89.58 million in the same period last year[25] - The company’s cash outflow from investing activities for the first nine months of 2017 was approximately -¥24.75 million, compared to -¥14.54 million in the same period last year[26] - The cash flow from investment activities reflects a strategic focus on growth, despite the negative net cash flow[29] Shareholder Information - The total number of shareholders reached 57,371[9] - The largest shareholder, Zhu Yicai, holds 41.51% of the shares, which are currently frozen[9]