BAOTI(SH:600456)2017-10-26 16:00Financial Performance - Operating revenue for the first nine months reached CNY 2,008,368,089.43, a 30.04% increase year-on-year[6] - Net profit attributable to shareholders improved by 76.86%, reaching CNY -26,868,282.44 for the first nine months[6] - The company's operating revenue for the third quarter of 2017 was CNY 2,008,368,089.43, representing a 30.04% increase compared to CNY 1,544,395,568.08 in the same period last year[16] - Total operating revenue for the third quarter reached ¥867,053,267.17, a 36% increase from ¥637,433,247.04 in the same period last year[36] - Net profit for the third quarter was ¥31,862,664.35, compared to a net loss of ¥24,647,476.13 in the previous year[37] - The company reported a total profit of ¥37,320,217.62, reversing from a loss of ¥24,480,246.76 in the previous year[37] - Total profit for the first nine months of 2017 was a loss of ¥22,026,154.32, improving from a loss of ¥96,360,383.44 in the same period of 2016[41] Cash Flow - The net cash flow from operating activities improved by 46.93%, totaling CNY -79,582,695.26[6] - Cash flow from operating activities for the first nine months of 2017 was a net outflow of ¥79,582,695.26, an improvement from a net outflow of ¥149,965,074.30 in the same period of 2016[45] - Cash inflow from operating activities totaled ¥1,356,257,003.78 for the first nine months of 2017, up from ¥1,032,247,883.32 in the previous year[44] - Cash flow from financing activities generated cash inflow of ¥1,375,000,000.00 in the first nine months of 2017, compared to ¥1,085,000,000.00 in the same period of 2016[45] - Cash flow from financing activities generated a net inflow of ¥110,764,595.05, compared to a net outflow of ¥42,950,918.09 in the same period last year[48] Assets and Liabilities - Total assets increased by 3.12% to CNY 7,152,250,185.85 compared to the end of the previous year[6] - Accounts receivable increased by 70.58% to CNY 1,179,392,306.46 due to increased customer debts from aviation titanium products[13] - Prepayments surged by 489.98% to CNY 126,077,089.74, attributed to increased material procurement payments[13] - Long-term borrowings increased by 164.71% to CNY 450,000,000.00, reflecting the company's strategy to secure additional financing[14] - Total liabilities increased to ¥3,471,377,283.65 from ¥3,202,095,345.81, reflecting a rise of approximately 8.4%[29] - Owner's equity decreased to ¥3,680,872,902.20 from ¥3,733,938,692.44, a decline of about 1.4%[29] Earnings and Shareholder Value - Basic and diluted earnings per share improved by 76.88%, reaching CNY -0.0624[7] - The company reported a decrease in other income, which fell by 85.35% to CNY 1,855,707.27, due to a reduction in contract cancellation compensation from customers[17] - The company reported a total comprehensive income of ¥40,592,429.52 for Q3 2017, compared to a total comprehensive loss of ¥27,002,323.25 in Q3 2016[42] Investment and Expenditures - The company recorded investment losses of ¥275,381.12 in the third quarter, an improvement from losses of ¥926,097.03 in the same period last year[37] - Cash outflow for purchasing goods and services was ¥1,074,626,438.08 in the first nine months of 2017, compared to ¥888,372,430.84 in the same period of 2016[45] - Investment activities resulted in a net cash outflow of ¥24,990,394.97 for the first nine months of 2017, worsening from a net outflow of ¥3,096,242.77 in the previous year[45] Future Outlook - The company’s management indicated a positive outlook for future growth, driven by increased demand and market expansion strategies[39]