GHWL(SH:600603)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 151,894,223.10, a slight increase of 0.03% year-on-year[8] - Operating revenue reached CNY 416,530,669.70, reflecting an 11.28% growth compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 14.76% to CNY 175,939,816.95[8] - The company's net profit for the period decreased by 30.27% to CNY 223,136,952.73 compared to the previous year[15] - The company reported a net profit of CNY 50,847,807.21 for Q3 2017, down from CNY 67,342,353.24 in Q3 2016[29] - The net profit attributable to the parent company for Q3 2017 was CNY 42,434,599.29, a decrease of 23.8% compared to CNY 55,833,534.77 in Q3 2016[31] - The total comprehensive income attributable to the parent company for the first nine months of 2017 was CNY 151,894,223.10, slightly up from CNY 151,849,826.61 in the previous year[31] Assets and Liabilities - Total assets increased by 24.81% to CNY 8,785,595,804.69 compared to the end of the previous year[8] - The total equity attributable to shareholders of the listed company increased by 25.41% to CNY 5,645,606,619.71 compared to the end of the previous year[8] - The company's total liabilities increased, with current liabilities totaling CNY 729,085,737.34 compared to CNY 546,395,721.83 at the beginning of the year[20] - Total assets as of September 30, 2017, amounted to CNY 5,563,056,853.73, an increase from CNY 4,203,087,512.37 at the beginning of the year[24] - Total liabilities reached CNY 3,463,476.86, significantly reduced from CNY 22,046,626.29 at the beginning of the year[25] - Shareholders' equity totaled CNY 5,559,593,376.87, up from CNY 4,181,040,886.08 at the start of the year[25] Cash Flow - Net cash flow from operating activities decreased significantly by 96.74%, amounting to -CNY 608,206,931.84[8] - Operating cash flow net amount decreased by 96.74% to CNY -608,206,931.84, mainly due to increased payments for project costs[16] - Investment cash flow net amount decreased by 256.89% to CNY -640,140,796.80, attributed to increased investment amounts from new acquisitions[16] - Financing cash flow net amount increased by 248.68% to CNY 1,364,968,589.38, primarily due to new fundraising activities[16] - The net cash flow from operating activities was -¥608,206,931.84, worsening from -¥309,134,975.40 year-on-year[36] - Total cash inflow from financing activities amounted to ¥2,383,452,262.40, compared to ¥447,019,541.87 in the same period last year, indicating a growth of about 433.5%[37] - The net cash flow from financing activities was ¥1,364,968,589.38, up from ¥391,469,541.87, reflecting an increase of approximately 249.5%[37] Shareholder Information - Total number of shareholders reached 20,512[12] - The company reported a significant increase in minority shareholders' equity by 33.37% to CNY 258,829,255.17, reflecting ongoing investments and acquisitions[15] Inventory and Receivables - Accounts receivable increased by 48.83% to ¥355,839,825.54 compared to the previous year[13] - Inventory surged by 157.96% to ¥1,577,234,758.02 due to new subsidiaries and product development[13] - Other receivables rose significantly by 399.29% to ¥124,777,495.18, attributed to new acquisitions[13] - Prepayments decreased by 35.19% to ¥7,987,412.40 as a result of transfers to costs[13] Expenses - Sales expenses increased by 89.96% to CNY 21,194,705.32, primarily due to higher advertising costs and the acquisition of a new subsidiary[15] - The company experienced a significant increase in financial expenses, with a total of CNY 7,905,211.46 for the first nine months of 2017[33] Strategic Developments - The company has not disclosed any new product developments or market expansion strategies in this report[8] - The company has not disclosed any new product developments or market expansion strategies in the provided financial reports[35] - The company plans to increase its stake in Xinjiang Huirongxin Real Estate Development Co., Ltd. by CNY 450 million[17]