SD-GOLD(SH:600547)2017-10-30 16:00Financial Performance - The company's net profit for the first nine months of 2017 reached ¥823,080,129.33, with total distributable profits amounting to ¥4,251,464,883.31 after deducting cash dividends of ¥184,410,374.90 for 2016[5] - The net profit attributable to shareholders for the first nine months of 2017 was ¥894,704,926.95, representing a 22.46% increase compared to the same period last year[10] - Operating revenue for the first nine months of 2017 was ¥38,503,620,127.86, reflecting a 2.11% increase year-on-year[10] - The basic earnings per share for the reporting period was ¥0.48, up 6.67% from the previous year[10] - The company reported a net profit of CNY 296.82 million for Q3 2017, compared to CNY 225.72 million in Q3 2016, marking a 31.5% year-on-year growth[33] - Total operating revenue for the first nine months of 2017 reached CNY 38.50 billion, an increase of 2.1% compared to CNY 37.71 billion in the same period last year[31] Assets and Liabilities - Total assets increased by 48.80% year-on-year, reaching ¥42,196,316,228.21 at the end of the reporting period[9] - The total net assets attributable to shareholders increased by 4.51% year-on-year, amounting to ¥16,219,610,119.48[9] - Total liabilities amounted to CNY 25.12 billion, up from CNY 12.01 billion, indicating a growth of 109.1%[25] - Long-term borrowings skyrocketed by 7843.61% to CNY 6,990,375,348.99, primarily due to increased loans from the acquisition of subsidiaries[15] - Total liabilities as of the end of Q3 2017 amounted to CNY 10.46 billion, an increase from CNY 8.17 billion at the end of the previous year, representing a 28.0% rise[32] Cash Flow - The net cash flow from operating activities for the first nine months was ¥931,211,283.12, a decrease of 37.12% compared to the previous year[10] - The net cash flow from operating activities for the first nine months of 2017 was -1,076,397,635.49 RMB, a decrease from 745,694,661.27 RMB in the same period last year[44] - Cash inflow from financing activities totaled 8,022,216,443.98 RMB, an increase of 31% compared to 6,125,848,050.68 RMB in the same period last year[45] - The net cash flow from financing activities was 2,154,011,239.98 RMB, a significant improvement from -277,359,982.77 RMB in the previous year[45] Investments and Acquisitions - The company reported a loss of ¥1,245,877.42 from the disposal of non-current assets during the reporting period[11] - The company’s goodwill increased by 56.18% to CNY 2,658,136,902.90, primarily due to the acquisition of MAG[14] - Inventory rose by 185.74% to CNY 3,914,534,387.36, driven by the increase in inventory from the acquisition of MAG[15] - Accounts receivable surged by 1279.70% to CNY 382,251,524.23, mainly attributed to the increase in receivables from the acquisition of Minera Argentina Gold SRL[14] Future Plans - The company plans to distribute a cash dividend of ¥0.8 per 10 shares, totaling ¥148,569,504.72[5] - The company plans to issue H shares and apply for listing on the Hong Kong Stock Exchange, with a shareholder meeting scheduled for November 6, 2017[16] - The company is actively progressing with the issuance of overseas listed foreign shares (H shares) and plans for a public listing in Hong Kong[17] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[38]