SFX(SH:600370)2015-10-27 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 24,539,906.21, representing a growth of 24.72% year-on-year[7]. - Operating revenue for the period was CNY 765,513,772.64, down 5.62% compared to the same period last year[7]. - Basic earnings per share improved to CNY 0.0770, reflecting a growth of 24.80% compared to the same period last year[7]. - Total profit for the first nine months of 2015 reached CNY 55,262,859.49, a 65.73% increase from CNY 33,352,279.71 in the same period last year[39]. - Net profit for Q3 2015 was CNY 9,953,237.23, representing a 54.00% increase compared to CNY 6,453,140.50 in Q3 2014[39]. - Operating profit for Q3 2015 increased to CNY 15,974,776.56, up 71.73% from CNY 9,301,686.17 in Q3 2014[39]. Cash Flow - Net cash flow from operating activities increased significantly to CNY 135,381,356.74, up 168.31% year-on-year[7]. - The company's cash inflow from operating activities for the first nine months of 2015 was CNY 613,320,404.04, a decrease of 15.6% compared to CNY 727,169,669.82 in the same period last year[44]. - The net cash flow from operating activities increased significantly to CNY 135,381,356.74, compared to CNY 50,457,906.27 in the previous year, marking a growth of 168.5%[44]. - The net cash flow from investing activities was negative at CNY -4,560,161.00, an improvement from CNY -9,459,836.52 in the same period last year[46]. - The net increase in cash and cash equivalents for the period was CNY 128,408,077.90, compared to CNY 25,261,046.24 in the same period last year, reflecting a growth of 408.5%[46]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,556,862,129.66, a slight increase of 0.18% compared to the end of the previous year[7]. - Current assets increased to CNY 1,126,052,739.58 from CNY 1,076,705,287.04, representing a growth of approximately 4.3%[29]. - Total liabilities decreased to CNY 127,479,486.62 from CNY 158,446,782.75, a decrease of approximately 19.5%[31]. - The company's equity increased to CNY 1,429,382,643.04 from CNY 1,395,606,123.43, an increase of about 2.4%[31]. - Non-current assets decreased to CNY 430,809,390.08 from CNY 477,347,619.14, a decline of approximately 9.8%[30]. Shareholder Information - The total number of shareholders reached 20,035 by the end of the reporting period[9]. - Jiangsu Sanfangxiang Group Co., Ltd. held 50.33% of the shares, with 160,491,960 shares pledged[10]. Operational Metrics - Accounts receivable increased by 51.43% to ¥90,545,111.23 compared to the beginning of the year, mainly due to changes in settlement methods by some customers[13]. - Prepayments increased by 36.06% to ¥21,022,159.06, primarily for advance payments for cotton[14]. - Inventory decreased by 37.60% to ¥124,487,904.05, mainly due to reduced raw material purchases[17]. - Sales expenses increased by 44.41% to ¥6,914,762.72, mainly due to increased freight costs[21]. - Other income increased significantly by 2157.97% to ¥3,364,378.63, mainly from gains on fixed asset disposals and increased government subsidies[22]. Tax and Financial Management - Income tax expense increased by 960.22% to ¥16,702,874.43, primarily due to the expiration of high-tech enterprise status and tax provisions at 25%[23]. - The company recorded a financial expense of -CNY 3,169,325.60 in Q3 2015, compared to -CNY 1,594,380.99 in Q3 2014, indicating improved financial management[37]. Future Outlook - The company aims to enhance its market position through strategic investments and cost management initiatives moving forward[39].