LFX(SH:600612)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 11.65% to CNY 896,876,960.79 for the year-to-date period[6] - Operating revenue for the year-to-date period rose by 15.42% to CNY 32,966,774,299.44 compared to the same period last year[6] - The company reported a basic earnings per share of CNY 1.71448, reflecting an increase of 11.65%[7] - Total revenue for Q3 2017 reached CNY 10,074,861,946.96, an increase of 20.9% compared to CNY 8,337,823,099.51 in Q3 2016[30] - Net profit attributable to shareholders for Q3 2017 was ¥409,311,080.24, a 13.9% increase from ¥359,260,664.07 in Q3 2016[33] - Total comprehensive income for Q3 2017 was ¥403,502,430.03, an increase from ¥362,430,776.96 in the same period last year, marking an 11.4% rise[35] - The company reported a net profit margin improvement, with net profit for the first nine months of 2017 reaching CNY 32,966,774,299.44, compared to CNY 28,562,048,666.23 for the same period in 2016[30] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 134,323,013.94, a 106.73% increase from the previous year[6] - The net cash flow from operating activities for the first nine months of 2017 increased by CNY 2,130,759,532.39, representing a growth rate of 106.73% compared to the same period last year[16] - The company reported a net cash flow from operating activities of ¥134,323,013.94, recovering from a net outflow of ¥1,996,436,518.45 in the same period last year[41] - Total cash inflow from operating activities reached 1,040,916,583.88, a significant increase from 27,677,571.35 in the previous year, driven by higher sales and service receipts[43] - Cash outflow from operating activities totaled 1,043,290,986.59, up from 29,138,537.54, primarily due to increased payments related to operational activities[43] Assets and Liabilities - Total assets increased by 1.25% to CNY 14,231,933,595.65 compared to the end of the previous year[6] - Total liabilities decreased to CNY 7,770,399,012.90 from CNY 8,032,224,750.38, indicating a reduction of approximately 3.25%[24] - The company's equity increased to CNY 6,461,534,582.75, compared to CNY 6,023,907,211.12 at the start of the year, representing a growth of 7.3%[24] - Total current assets as of September 30, 2017, amounted to CNY 13,165,077,732.15, compared to CNY 12,920,634,483.08 at the beginning of the year[22] Shareholder Information - The number of shareholders reached 37,859 by the end of the reporting period[9] - The top shareholder, Shanghai Huangpu District State-owned Assets Supervision and Administration Commission, holds 42.09% of the shares[10] Accounts Receivable and Payable - Accounts receivable surged by 531.63% to CNY 2,922,181,636.12 compared to the beginning of the year[11] - The accounts receivable at the end of the period increased by CNY 2,459,537,521.80, with an increase ratio of 531.63%, primarily due to outstanding payments from a subsidiary's order meeting[13] - The accounts payable for dividends increased by CNY 55,142,181.10, reflecting a staggering increase of 2567.12 times, mainly due to unpaid dividends by a subsidiary[13] Investment and Financing Activities - The cash flow from investing activities decreased by CNY 19,799,074.15, representing a decline of 76.42% compared to the previous year[17] - The cash flow from financing activities decreased by CNY 2,157,273,112.45, with a reduction rate of 191.68%, primarily due to increased cash payments for debt repayment[17] - The net cash flow from investment activities is 29,104,470.32, a decrease from 536,464,787.99 in the previous year, reflecting reduced investment returns[43] - The net cash flow from financing activities was -512,869,646.48, compared to -494,018,890.58 in the previous year, reflecting higher dividend and interest payments[44] Operational Performance - Operating profit for Q3 2017 was ¥518,553,147.50, up from ¥470,963,263.72 in the same quarter last year, indicating a growth of 10.5%[32] - The company’s operating expenses for Q3 2017 were ¥194,220,016.88, a slight increase from ¥187,723,591.47 in Q3 2016, indicating a growth of 2.7%[31] - The company incurred financial expenses of -¥4,670,123.54, compared to -¥681,948.16 in the previous year, indicating a substantial reduction in financial costs[37] Other Financial Metrics - The weighted average return on equity increased by 0.15 percentage points to 16.84%[7] - The total investment income for Q3 2017 was ¥12,119,478.49, slightly up from ¥11,397,604.49 in Q3 2016, indicating a growth of 6.3%[32] - The company’s tax expenses for Q3 2017 were ¥30,884,491.37, compared to ¥35,956,718.19 in Q3 2016, showing a decrease of 14%[31]