CJJG(SH:600496)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 4,641,920,478.71, an increase of 17.41% year-on-year[6] - Net profit attributable to shareholders was CNY 62,749,991.60, down 53.93% from the same period last year[6] - Basic and diluted earnings per share were CNY 0.0415, a decrease of 53.99% year-on-year[7] - The weighted average return on equity decreased by 2.13 percentage points to 1.66%[7] - Non-recurring gains and losses for the first nine months amounted to CNY 41,095,748.89, significantly lower than the previous year's figure[7] - Total operating revenue for Q3 2017 reached CNY 1,609,229,905.12, an increase of 18.99% compared to CNY 1,351,706,841.72 in Q3 2016[27] - Net profit for the first nine months of 2017 was CNY 16,874,147.72, compared to a loss of CNY 1,950,415.40 in the same period last year[27] - The total profit for Q3 2017 was approximately ¥13.57 million, a decrease from ¥52.87 million in the previous year[28] - The total profit for the first nine months of 2017 was approximately -¥160.43 million, compared to a profit of ¥24.29 million in the same period last year[31] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 358,488,151.09, a decline of 249.04% compared to the previous year[6] - Cash and cash equivalents decreased by 32.02% to ¥836,753,059.21 from ¥1,230,843,567.65, primarily due to increased material payments[12] - Operating cash inflow for the first nine months of 2017 was CNY 4,589,286,218.49, slightly up from CNY 4,566,132,701.49 in the same period last year[33] - Net cash flow from operating activities was negative at CNY -358,488,151.09 for Q3 2017, compared to a positive CNY 240,533,055.25 in Q3 2016[34] - The company reported a net decrease in cash and cash equivalents of CNY -456,468,749.95 for the first nine months of 2017[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,354,353,225.49, a decrease of 2.75% compared to the end of the previous year[6] - Total assets decreased to ¥10,354,353,225.49 from ¥10,647,048,647.32, reflecting a decline in both current and non-current assets[19] - Total liabilities as of September 30, 2017, were CNY 3,128,572,269.71, compared to CNY 2,337,144,870.29 in the same period last year, indicating a rise of 33.93%[24] - Short-term borrowings increased to ¥1,332,950,000.00 from ¥1,087,050,000.00, indicating a rise in financing needs[19] Investments - Long-term equity investments rose by 139.84% to ¥706,709,431.32 from ¥294,653,159.56, mainly due to new joint ventures[12] - Investment income surged by 811.34% to ¥13,874,147.72 from a loss of ¥1,950,415.40, driven by the performance of joint ventures[12] - The company reported a significant investment loss of approximately ¥134.51 million for the first nine months of 2017, compared to a profit of ¥62.99 million in the same period last year[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 143,278[10] - The largest shareholder, Jinggong Holding Group, held 24.17% of the shares, with a significant portion pledged[10] Company Strategy and Developments - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company has obtained approval from the China Securities Regulatory Commission for public bond issuance, pending issuance[14] - The company has also received approval for a non-public A-share issuance, with adjustments made to the plan pending final approval[14]