SHSTC(SH:600620)2017-10-27 16:00Financial Performance - Operating revenue increased by 6.54% to CNY 39,606,661.02 for the period from January to September[5] - Net profit attributable to shareholders increased by 22.56% to CNY 63,878,903.81 for the period from January to September[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 52.83% to CNY 52,558,951.96 for the period from January to September[5] - Basic and diluted earnings per share increased by 22.53% to CNY 0.0930[6] - The company reported a total profit of ¥1,553,604.30 for Q3 2017, recovering from a loss of ¥1,369,328.67 in Q3 2016[28] - Net profit attributable to shareholders for Q3 2017 was ¥1,842,983.40, compared to a net loss of ¥1,174,888.76 in Q3 2016[28] - The net profit for the first nine months of 2017 was ¥68,889,818.88, up from ¥59,139,518.90 in the same period last year, reflecting a growth of 16.7%[32] - The total operating profit for Q3 2017 was ¥1,247,871.82, compared to a loss of ¥2,740,443.72 in Q3 2016, indicating a turnaround in performance[32] Asset and Liability Changes - Total assets decreased by 9.26% to CNY 3,032,952,812.79 compared to the end of the previous year[5] - Total liabilities decreased from CNY 680,644,420.02 to CNY 578,257,422.52, a decline of about 15%[21] - The total equity attributable to shareholders decreased from CNY 2,708,222,242.82 to CNY 2,502,721,090.23, a decrease of approximately 7.6%[21] - The total current assets decreased from CNY 563,964,718.26 at the beginning of the year to CNY 516,675,787.98, a decline of approximately 8.3%[20] - The total non-current assets decreased from CNY 2,778,504,491.58 to CNY 2,516,277,024.81, a reduction of approximately 9.4%[20] - The company's other receivables significantly decreased from CNY 31,292,925.60 to CNY 2,026,296.67, a drop of about 93.5%[19] - Other receivables decreased by 93.52% to CNY 2,026,296.67, primarily due to the recovery of equity transfer payments and performance compensation[13] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of CNY 24,063,781.11, compared to a net outflow of CNY 15,886,091.65 in the same period last year[5] - The net cash flow from operating activities decreased by CNY 24,063,781.11, compared to a decrease of CNY 15,886,091.65 in the previous year[14] - Investment activities generated a net cash outflow of ¥77,378,352.63 in the first nine months of 2017, compared to a net outflow of ¥89,528,915.97 in the previous year[38] - Cash received from investment income was 71,296,856.81 RMB, an increase from 55,669,917.86 RMB in the previous year[40] - Cash paid for investments reached 240,787,274.00 RMB, compared to 339,513,410.00 RMB in the same period last year[40] Shareholder Information - The total number of shareholders reached 23,475 by the end of the reporting period[10] - The largest shareholder, Shanghai Zhongsheng Hongqiao Enterprise Management Co., Ltd., holds 25.08% of the shares[10] Tax and Expenses - Tax and additional charges increased by 339.97% to CNY 2,417,524.39, due to the implementation of new accounting regulations[14] - The company reported a significant reduction in employee compensation payable, down 79.97% to CNY 923,099.21, due to the payment of 2016 year-end bonuses[14] - Management expenses for Q3 2017 were ¥9,249,628.27, slightly down from ¥9,387,683.74 in Q3 2016[27] - The company’s tax expenses for Q3 2017 were ¥166,387.64, a decrease from ¥244,132.35 in Q3 2016[28] Other Financial Metrics - The fair value of financial assets measured at fair value and recognized in current profit and loss increased to CNY 80,124,892.95, a significant increase from CNY 0 at the beginning of the year[12] - The company's undistributed profits increased by 51.05% to CNY 128,059,882.94, reflecting an increase in profits during the reporting period[14] - The company's total comprehensive income for the period is not explicitly stated but is reflected in the changes in equity and assets[26] - The company has not identified any significant changes in net profit expectations for the upcoming reporting period[17]