SFX(SH:600370)2016-10-26 16:00Financial Performance - Net profit attributable to shareholders increased by 84.70% to CNY 45,324,784.19 year-on-year[6] - The company's operating profit increased by 49.75% to CNY 78,511,900.09 compared to the previous period[12] - Net profit rose by 59.37% to CNY 61,454,051.27, driven by lower raw material prices and increased sales prices[11] - The total profit increased by 42.36% to CNY 78,671,900.09, reflecting improved operational efficiency[12] - Net profit for Q3 2016 reached CNY 15,794,638.43, compared to CNY 9,953,237.23 in Q3 2015, reflecting a significant increase of approximately 58.3%[27] - The total profit for Q3 2016 was CNY 19,557,894.68, compared to CNY 15,493,310.85 in Q3 2015, which is an increase of approximately 26.5%[27] - The total comprehensive income for Q3 2016 was CNY 15,794,638.43, compared to CNY 9,953,237.23 in Q3 2015, indicating an increase of approximately 58.3%[27] Revenue and Earnings - Operating revenue decreased by 10.69% to CNY 683,704,427.39 compared to the same period last year[6] - Year-to-date revenue for the first nine months of 2016 reached CNY 683,704,427.39, down 10.7% from CNY 765,513,772.64 in the same period last year[25] - Total operating revenue for Q3 2016 was CNY 257,809,696.33, an increase of 5.4% compared to CNY 244,671,076.36 in Q3 2015[25] - Total operating revenue for Q3 2016 was CNY 153,134,471.25, an increase from CNY 145,827,798.94 in Q3 2015, representing a growth of approximately 2.2%[29] Assets and Liabilities - Total assets increased by 4.24% to CNY 1,684,147,592.72 compared to the end of the previous year[6] - Current assets totaled CNY 1,307,040,366.13, up from CNY 1,204,067,483.60 at the start of the year, reflecting a growth of 8.6%[18] - Total liabilities were CNY 204,561,471.48, compared to CNY 191,163,933.94 at the beginning of the year, indicating an increase of 7.0%[19] - The company's equity attributable to shareholders reached CNY 1,241,019,133.38, up from CNY 1,202,072,303.03 at the start of the year, representing a growth of 3.2%[19] Cash Flow - Net cash flow from operating activities decreased by 20.02% to CNY 108,275,692.74 year-to-date[6] - Cash received from operating activities increased by 97.11% to CNY 13,670,197.89, attributed to higher deposit interest[12] - Cash and cash equivalents at the end of the period increased to CNY 970,779,941.10, up from CNY 783,386,303.34 year-over-year[34] - Operating cash inflows totaled CNY 574,702,435.67, a decrease of 6.3% from CNY 613,320,404.04 in the previous year[33] - Cash outflows from operating activities amounted to CNY 466,426,742.93, compared to CNY 477,939,047.30 in the same period last year[33] Shareholder Information - The total number of shareholders reached 33,291 at the end of the reporting period[9] - The largest shareholder, Jiangsu Sanfangxiang Group Co., Ltd., holds 50.33% of the shares, totaling 401,229,900 shares[9] Expenses - The company reported a decrease in employee compensation payable from CNY 28,641,299.20 to CNY 10,866,459.37, a reduction of 62.0%[19] - The company reported a decrease in sales expenses to CNY 1,290,369.11 in Q3 2016 from CNY 1,483,343.86 in Q3 2015, a reduction of about 13.0%[29] - Management expenses for Q3 2016 were CNY 4,860,171.69, slightly down from CNY 4,955,844.12 in Q3 2015, indicating a decrease of approximately 1.9%[29] - The financial expenses for Q3 2016 showed a significant improvement, with a net income of CNY -6,751,791.81 compared to CNY -3,010,569.84 in Q3 2015, reflecting a reduction in financial costs[29] Other Financial Metrics - Basic earnings per share decreased by 26.10% to CNY 0.0569 due to the increase in total shares from 318,897,692 to 797,244,230[7] - The weighted average return on net assets increased by 1.65 percentage points to 3.70%[6] - The company reported a total of CNY 289,818.37 in non-recurring gains and losses year-to-date[8] - Non-operating income from government subsidies amounted to CNY 100,000 for the current period[8] - The company signed guarantee contracts totaling CNY 600 million for a subsidiary's loan, enhancing financial stability[13]