GINWA(SH:600080)2016-10-21 16:00Financial Performance - Operating revenue decreased by 17.34% to CNY 475,835,084.67 for the period from January to September[6] - Net profit attributable to shareholders increased by 15.83% to CNY 25,442,056.55 for the same period[6] - Basic earnings per share improved by 15.83% to CNY 0.08334[6] - The company's operating revenue for the third quarter was RMB 475,835,084.67, a decrease of 17.34% compared to RMB 575,629,466.95 in the same period last year[10] - Total revenue for Q3 2016 was CNY 171,029,325.24, a decrease of 1.44% compared to CNY 174,286,116.19 in Q3 2015[23] - Net profit for Q3 2016 was CNY 12,898,422.58, an increase of 27.06% compared to CNY 10,151,895.43 in Q3 2015[24] - The total profit for the first nine months of 2016 was CNY 32,547,524.10, an increase of 26.0% from CNY 25,797,187.64 in the previous year[26] - The net profit for Q3 2016 reached CNY 12,784,770.11, up 32.5% from CNY 9,623,464.75 in the same period last year[27] - The total comprehensive income for Q3 2016 was CNY 12,784,770.11, an increase of 32.5% from CNY 9,623,464.75 in Q3 2015[27] Cash Flow - Net cash flow from operating activities rose by 48.86% to CNY 37,724,526.11 year-on-year[6] - The cash flow from operating activities for the first nine months of 2016 was CNY 37,724,526.11, compared to CNY 25,342,550.18 in the same period last year, indicating a growth of 48.9%[31] - Operating cash inflow for the first nine months of 2016 was CNY 409,337,000.26, an increase of 38.6% compared to CNY 295,342,297.28 in the same period last year[34] - Net cash flow from operating activities for the first nine months was CNY 94,195,216.99, up from CNY 30,647,520.97 year-on-year, representing a growth of 207.5%[34] - The company reported a cash decrease of CNY 102,547,022.12 in the third quarter, compared to a decrease of CNY 19,001,835.77 in the same quarter last year[32] - Cash inflow from financing activities was CNY 50,000,000.00, unchanged from the previous year, indicating stable financing operations[35] Assets and Liabilities - Total assets increased by 15.38% to CNY 1,451,556,769.76 compared to the end of the previous year[6] - Total assets as of September 30, 2016, amounted to CNY 1,383,133,789.96, up from CNY 1,185,275,161.99 at the beginning of the year, representing an increase of 16.67%[22] - Total liabilities as of September 30, 2016, were CNY 310,976,933.94, significantly higher than CNY 140,697,327.89 at the start of the year, indicating a growth of 120.96%[22] - The company's equity increased to CNY 1,072,156,856.02 as of September 30, 2016, compared to CNY 1,044,577,834.10 at the beginning of the year, reflecting a growth of 2.67%[22] - Cash and cash equivalents decreased to CNY 6,844,234.03 from CNY 16,448,290.30 at the beginning of the year, a decline of 58.40%[20] - Cash and cash equivalents at the end of the period decreased to CNY 26,490,625.13 from CNY 99,387,625.61, a decline of 73.3%[35] Investments and Expenses - Research and development expenses rose by 54.83% to RMB 20,577,236.82, reflecting increased capitalized R&D investments[11] - The company reported a significant increase in long-term equity investments, totaling RMB 293,275,000.00, following the acquisition of Changzhou Huasen Medical Equipment Co., Ltd.[11] - The company reported a significant increase in long-term equity investments, rising to CNY 762,364,102.12 from CNY 483,285,769.39, an increase of 57.73%[21] - Sales expenses increased by 31.06% to RMB 221,206,250.24, attributed to higher marketing investments in the industrial sector[11] - The company's sales expenses for Q3 2016 were CNY 78,159,592.15, up 18.7% from CNY 65,786,257.81 in Q3 2015[26] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 333,500.00 during the reporting period[8] - Non-recurring gains and losses totaled CNY 1,069,656.74 for the year-to-date[8] Stock and Shareholder Information - The total number of shareholders reached 27,708 by the end of the reporting period[9] - The largest shareholder, Jinhua Investment Holding Group Co., Ltd., holds 15.72% of the shares[9] - The company initiated a non-public stock issuance project, aiming to raise up to RMB 963.275 million through the issuance of no more than 102,367,162 shares[11]