MIHF(SH:600337)2017-10-26 16:00Financial Performance - Operating revenue for the first nine months reached CNY 2,934,575,682.52, a 20.30% increase from the same period last year[10] - Net profit attributable to shareholders increased by 18.44% to CNY 258,512,599.73 compared to the previous year[10] - The company reported a net profit of ¥258,512,599.73 for the first nine months of 2017, up 18.5% from ¥218,260,212.69 in the same period of 2016[34] - Total operating revenue for Q3 2017 reached ¥1,136,794,058.19, a 19.2% increase from ¥953,692,663.72 in Q3 2016[33] - The company achieved a total operating revenue of ¥2,934,575,682.52 for the first nine months of 2017, a 20.3% increase from ¥2,439,398,709.99 in the same period of 2016[33] Assets and Liabilities - Total assets increased by 36.57% to CNY 7,023,618,720.10 compared to the end of the previous year[10] - The total current assets as of September 30, 2017, amounted to RMB 4,486,724,588.70, compared to RMB 2,761,502,985.62 at the beginning of the year[26] - Current liabilities decreased to ¥1,533,796,816.15 from ¥1,735,400,849.95, a reduction of about 11.6%[28] - Non-current liabilities rose significantly to ¥667,133,840.96, compared to ¥202,779,881.04, marking an increase of approximately 229.5%[28] - The total liabilities increased to ¥2,200,930,657.11 from ¥1,938,180,730.99, reflecting a growth of approximately 13.6%[28] Shareholder Equity - Net assets attributable to shareholders rose by 50.50% to CNY 4,822,688,062.99 year-on-year[10] - The company's share capital rose by 180.03% to ¥1,806,100,763.00, due to capital reserve conversion and the completion of a private placement[15] - Owner's equity increased to ¥4,822,688,062.99 from ¥3,204,541,254.45, reflecting a growth of about 50.4%[28] - The company reported a total equity of ¥4,827,297,016.91, up from ¥3,204,790,219.41, indicating an increase of about 50.6%[31] Cash Flow - Net cash flow from operating activities for the first nine months was CNY 223,907,764.25, up 26.93% year-on-year[10] - The total cash inflow from operating activities for the first nine months of 2017 was approximately CNY 3.8 billion, an increase of 10.7% compared to CNY 3.4 billion in the same period of 2016[38] - The cash inflow from financing activities reached CNY 2.83 billion, significantly higher than CNY 853.1 million in the previous year, marking an increase of 232.5%[39] - The net cash flow from financing activities was CNY 1.68 billion, compared to CNY 210.3 million in the same period last year, indicating a substantial increase of 694.5%[39] - The net increase in cash and cash equivalents rose by 756.18% year-on-year, primarily due to funds raised from a non-public stock issuance[20] Expenses and Costs - Total operating costs for Q3 2017 were ¥1,015,324,156.51, an increase of 20.7% from ¥841,301,808.25 in Q3 2016[33] - Sales expenses for Q3 2017 amounted to ¥330,976,126.26, a rise of 6.5% from ¥311,327,504.68 in Q3 2016[33] - Management expenses for Q3 2017 were ¥118,446,672.26, increasing by 60% from ¥74,067,720.91 in Q3 2016[33] Earnings and Returns - Basic and diluted earnings per share decreased by 50.00% to CNY 0.17[10] - Earnings per share for Q3 2017 were ¥0.17, consistent with the same period in the previous year[34] - The weighted average return on equity increased by 0.97 percentage points to 8.01%[10] Other Financial Metrics - Non-recurring gains and losses totaled CNY 3,356,863.64 for the current period[11] - The company reported a significant increase in investment income, reaching ¥8,540,833.30, compared to a loss of ¥164,292.26 in the previous year[17] - Non-operating income increased by 232.17% to ¥5,343,881.27, reflecting improved financial performance[17] - Cash received from tax refunds increased by 202.02% year-on-year, mainly due to higher export tax rebates[19] - Cash received from investment income surged by 5573.91% year-on-year, driven by increased returns from financial management[19]