ZTT(SH:600522)2016-10-26 16:00Financial Performance - Operating revenue for the first nine months reached CNY 14.58 billion, up 27.03% year-on-year[7] - Net profit attributable to shareholders increased by 73.52% to CNY 1.14 billion for the first nine months[7] - Basic and diluted earnings per share rose by 65.63% to CNY 0.4386[8] - Total operating revenue for Q3 2016 reached ¥5,377,156,019, an increase of 13.83% compared to ¥4,723,505,030 in Q3 2015[32] - Net profit attributable to shareholders for Q3 2016 was ¥417,312,472.96, a significant increase of 101.01% from ¥207,096,110 in Q3 2015[33] - The total profit for Q3 2016 was ¥483,490,151.45, an increase of 88.58% from ¥256,275,497 in Q3 2015[33] - The total revenue for the first nine months of 2016 reached ¥15,712,789,179.61, an increase from ¥11,885,160,655.35 in the same period last year, representing a growth of approximately 32.5%[39] - The net profit for the third quarter was ¥236,053,012.03, compared to ¥76,467,052.20 in the previous year, indicating a significant increase of 208.5%[38] Assets and Liabilities - Total assets increased by 27.29% to CNY 19.99 billion compared to the end of the previous year[7] - Total liabilities amounted to ¥8,277,958,017.80, up from ¥5,312,659,810.83, marking a growth of around 55.5%[28] - Current liabilities increased to ¥7,462,086,600.07 from ¥4,677,498,668.40, which is a rise of approximately 59.5%[28] - Owner's equity rose to ¥11,709,111,725.23, compared to ¥10,389,607,000.13, showing an increase of about 12.7%[28] - Current assets totaled ¥13,403,003,544.67, compared to ¥10,650,676,671.70, indicating a rise of about 25.9%[27] - Non-current assets reached ¥6,584,066,198.36, an increase from ¥5,051,590,139.26, reflecting a growth of approximately 30.4%[27] Cash Flow - Net cash flow from operating activities decreased by 46.03% to CNY 197.88 million compared to the same period last year[7] - The company's cash flow from operating activities decreased by 46.03% to ¥197,878,548.08, mainly due to increased payments for raw material purchases[18] - The company reported a net cash outflow from investing activities of ¥1,110,332,183.24 for the first nine months, compared to an outflow of ¥396,710,890.81 in the previous year[40] - Cash inflow from investment activities totaled ¥325,492,078.61, compared to ¥153,371,154.06 in the previous year, marking a significant increase of 112.3%[44] - Cash outflow for investment activities was ¥1,543,361,970.05, up from ¥542,521,289.80, resulting in a net cash flow from investment activities of -¥1,217,869,891.44[44] - Cash inflow from financing activities was ¥2,155,178,270.61, a substantial rise from ¥270,700,204.47, reflecting strong financing efforts[44] - Net cash flow from financing activities improved to ¥870,258,558.81, compared to a negative cash flow of -¥161,399,181.18 in the previous year[44] Shareholder Information - The company had a total of 159,441 shareholders at the end of the reporting period[10] - The largest shareholder, Zhongtian Technology Group Co., Ltd., held 29.42% of the shares, amounting to 768,007,883 shares[10] - The lock-up period for shares subscribed by the controlling shareholder is set for 36 months, with conditions for extension based on stock performance[24] Investments and Expenses - Management expenses rose by 36.65% to ¥797,566,409.14, mainly due to increased R&D expenditures and management personnel salaries[16] - The company’s long-term equity investments increased by 87.98% to ¥77,217,759.48, primarily due to capital increases in subsidiaries[14] - The company incurred sales expenses of ¥51,184,888.10 in the third quarter, an increase from ¥45,184,486.30 in the same quarter last year[38] - The financial expenses for the third quarter were ¥12,320,046.85, compared to ¥1,300,846.19 in the previous year, indicating a significant increase[38] Future Plans and Commitments - The company plans to raise up to ¥450 million through a non-public offering of A-shares, with a price not lower than ¥16.39 per share[19] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32] - The company has committed to resolving property defects related to Jiangdong Jingu within one year from the transaction completion date[22] - The company has pledged to avoid any direct or indirect competition with its subsidiaries and related businesses[24]