HBSXNBM(SH:600293)2016-10-28 16:00Financial Performance - Net profit attributable to shareholders surged by 926.89% to CNY 21,036,613.92 year-on-year[6] - Operating revenue rose by 12.46% to CNY 823,111,770.14 for the first nine months of the year[6] - Basic earnings per share reached CNY 0.0611, reflecting a 935.59% increase year-on-year[6] - The company reported a total profit of ¥21,115,199.23 for the first nine months, compared to ¥2,340,897.82 in the same period last year[20] - The net profit attributable to shareholders for the first nine months was ¥21,036,613.92, a significant increase from ¥2,048,574.31 in the previous year[20] - Operating profit for Q3 reached ¥16,176,392.08, a significant recovery from a loss of ¥76,797.98 in the previous year[20] - Net profit for Q3 was ¥16,860,411.39, compared to a net loss of ¥300,629.82 in the same quarter last year, marking a turnaround[20] Asset and Equity Growth - Total assets increased by 100.75% to CNY 5,227,774,100.55 compared to the end of the previous year[6] - The company's total assets reached ¥5,227,774,100.55, a significant increase from ¥2,604,119,083.97 at the beginning of the year[15] - The total equity attributable to shareholders increased to CNY 3,245,402,309.29 from CNY 705,722,021.44, reflecting a growth in shareholder value[18] - The capital reserve rose by 646.94% to ¥2,416,480,584.67, resulting from the premium generated from the non-public stock issuance[10] - The capital reserve increased significantly to CNY 2,416,843,744.24 from CNY 323,878,860.02, reflecting enhanced capital structure[18] Cash Flow and Financing Activities - Net cash flow from operating activities increased by 59.99% to CNY 13,409,512.06 compared to the same period last year[6] - The total cash inflow from operating activities for the first nine months of 2016 was CNY 942,661,840.73, an increase of 2.4% compared to CNY 919,556,196.72 in the same period last year[25] - Cash inflow from financing activities reached CNY 3,394,444,946.93, compared to CNY 874,007,965.38 in the same period last year, marking a substantial increase of 288.5%[27] - The net cash flow from financing activities was CNY 2,550,785,611.52, a significant improvement from -CNY 6,608,199.45 in the previous year[27] - The ending cash and cash equivalents balance increased to CNY 635,396,798.57, compared to CNY 15,220,917.56 at the end of the same period last year[26] Shareholder Information - The total number of shareholders reached 21,181 by the end of the reporting period[9] - The largest shareholder, Xu Xizhong, holds 17.85% of the shares, with a significant portion pledged[9] - The total number of shares after the non-public issuance reached 774,754,697, with 430,252,097 new shares issued[11] Liabilities and Financial Obligations - The company's total liabilities amounted to CNY 2,066,580,270.50, compared to CNY 1,867,307,359.84 at the start of the year, indicating a rise in financial obligations[18] - Long-term borrowings increased by 318.00% to ¥104,500,000.00, reflecting additional bank loans[10] - The company's short-term borrowings increased to CNY 785,990,247.00 from CNY 707,900,000.00, indicating a rise in financing needs[18] Operational Metrics - Accounts receivable rose by 306.26% to ¥44,531,557.94, attributed to increased bank acceptance bills amid rising glass prices[10] - The inventory level increased to CNY 122,623,305.69 from CNY 96,680,152.23, which may indicate higher production or slower sales[17] - Cash received from sales of goods and services was CNY 879,084,037.91, up from CNY 846,089,566.81, reflecting a growth of 3.5% year-on-year[25] Future Outlook - The company expects to turn a profit compared to the previous year, driven by increased revenue from rising glass prices and the completion of the acquisition of 100% equity in Shenzhen Hengbo[13] - The company plans to continue expanding its market presence and investing in new product development to sustain growth[20]