LK(SH:600388)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders of the listed company reached CNY 470.73 million, an increase of 9.59% year-on-year[7]. - Operating income for the first nine months was CNY 4.97 billion, reflecting a growth of 0.86% compared to the same period last year[7]. - Basic earnings per share increased to CNY 0.44, up 10.00% from CNY 0.40 in the previous year[8]. - The company reported a net profit increase in the first nine months of the year compared to the same period last year, with specific figures to be detailed in the full report[23]. - Operating profit for Q3 2017 reached ¥277,193,458.17, compared to ¥259,193,089.59 in Q3 2016, indicating an increase of about 6.1%[25]. - Net profit attributable to shareholders of the parent company for Q3 2017 was ¥245,000,986.27, up from ¥232,667,070.56 in Q3 2016, reflecting a growth of approximately 5.7%[26]. - Net profit for Q3 2017 was approximately ¥178.81 million, compared to ¥159.99 million in Q3 2016, representing an increase of 11.3% year-over-year[30]. - Total comprehensive income for Q3 2017 reached ¥179.73 million, up from ¥159.93 million in the same period last year, indicating a growth of 12.3%[30]. Cash Flow - The net cash flow from operating activities was negative CNY 282.79 million, a decline of 223.87% compared to the previous year[7]. - Cash inflow from operating activities for the first nine months of 2017 was ¥4.48 billion, an increase from ¥4.24 billion in the previous year, reflecting a growth of 5.6%[34]. - Cash outflow from operating activities totaled ¥4.76 billion for the first nine months of 2017, compared to ¥4.01 billion in the same period last year, marking an increase of 18.7%[34]. - Net cash flow from operating activities was negative at ¥282.79 million for the first nine months of 2017, a decline from a positive cash flow of ¥228.30 million in the previous year[34]. - Cash flow from investing activities showed a net outflow of ¥79.02 million for the first nine months of 2017, compared to a net outflow of ¥120.09 million in the same period last year, indicating an improvement[35]. - Cash flow from financing activities resulted in a net outflow of ¥760.01 million for the first nine months of 2017, worsening from a net outflow of ¥383.79 million in the previous year[35]. - The ending cash and cash equivalents balance as of September 30, 2017, was ¥1.18 billion, down from ¥1.64 billion at the end of the previous year[35]. - The company reported a cash inflow of $100 million from borrowings during the quarter[38]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 14.56 billion, a decrease of 0.48% compared to the end of the previous year[7]. - The total assets as of September 30, 2017, were ¥14,563,750,327.79, a slight decrease from ¥14,633,453,012.20 at the beginning of the year[17]. - The company’s total liabilities decreased from ¥10,121,220,787.39 to ¥9,789,634,522.83, reflecting a reduction in short-term borrowings[17]. - Total liabilities decreased from CNY 10,569,255,107.14 to CNY 10,229,000,683.66, a reduction of approximately 3.2%[18]. - Total assets decreased from CNY 11,948,649,766.80 to CNY 11,477,585,556.94, a decline of about 3.9%[21]. - Cash and cash equivalents decreased significantly from CNY 1,789,175,707.59 to CNY 719,312,408.48, a drop of approximately 59.9%[20]. - The company’s long-term receivables and equity investments both decreased by 100% to zero, reflecting the repayment of loans from joint ventures[11]. Shareholder Information - The total number of shareholders at the end of the reporting period was 109,992[9]. - The largest shareholder, Fujian Dongzheng Investment Co., Ltd., held 183,525,140 shares, accounting for 17.17% of the total shares[9]. Government Support and Other Income - The company received government subsidies amounting to CNY 14.47 million during the reporting period, with a total of CNY 38.83 million for the year to date[9]. - The company reported a total of CNY 12.08 million in non-recurring gains and losses for the current period[9]. - The company reported a 100% decrease in investment income, with no income recognized from equity investments due to the transfer of equity interests[11]. Operational Efficiency and Future Plans - The company is focusing on improving operational efficiency to enhance profitability in the upcoming quarters[23]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the summary[23].