SD(SH:600626)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 6,549,719,523.51, representing a 2.22% increase compared to the same period last year[8] - Net profit attributable to shareholders decreased by 21.46% year-on-year, amounting to CNY 120,185,018.50[8] - The net profit excluding non-recurring gains and losses dropped by 81.12% year-on-year, totaling CNY 18,238,144.55[8] - The weighted average return on equity decreased by 1.62 percentage points to 4.78%[8] - Basic earnings per share fell by 21.48% to CNY 0.1692[8] - The company reported a substantial increase in fixed assets, which reached CNY 2,726,820,663.57, up from CNY 1,114,500,176.14, indicating a growth of 144.49%[20] - Net profit for Q3 2017 was ¥72,916,216.56, down from ¥95,715,543.63 in Q3 2016, reflecting a decrease of approximately 23.8%[29] - Total operating revenue for Q3 2017 reached ¥2,395,895,826.60, an increase from ¥2,308,211,803.41 in Q3 2016, representing a growth of approximately 3.8%[27] - Total operating revenue for Q3 2017 was CNY 151,860.44 million, a slight decrease from CNY 152,898.67 million in Q3 2016, representing a year-over-year decline of 0.68%[31] - Net profit for Q3 2017 reached CNY 65,462.73 million, up from CNY 31,043.07 million in Q3 2016, indicating a significant increase of 110.8%[32] Assets and Liabilities - Total assets increased by 104.04% year-on-year, reaching CNY 10,970,167,686.59 at the end of the reporting period[8] - The total assets as of September 30, 2017, amounted to CNY 10,970,167,686.59, an increase from CNY 5,376,441,825.66 at the beginning of the year, representing a growth of 103.06%[20] - Accounts receivable increased by 145.78% to $2,138,905,928.58, primarily due to acquisitions during the period[14] - Inventory rose by 103.00% to $907,746,033.37, mainly attributed to acquisitions[14] - Fixed assets increased by 144.67% to $2,726,820,663.57, driven by acquisitions[14] - Goodwill surged by 429.74% to $924,609,197.38, primarily resulting from acquisitions[14] - Short-term borrowings increased by 225.51% to $437,883,575.00, mainly due to new borrowings[14] - Long-term borrowings rose by 435.73% to $3,244,988,693.76, primarily due to acquisitions[15] - The total liabilities as of September 30, 2017, were CNY 7,132,497,998.43, compared to CNY 2,447,766,400.81 at the beginning of the year, reflecting an increase of 191.00%[21] Shareholder Information - The company reported a total of 64,031 shareholders at the end of the reporting period[10] - The largest shareholder, Shanghai Shenda (Group) Co., Ltd., holds 31.07% of the shares, with 220,692,510 shares frozen[10][12] Cash Flow and Investment - Cash received from investment activities increased by 171.92% to $1,212,472,434.51, mainly due to increased government bond repurchase activities[15] - The company reported a net cash flow from operating activities of -¥129,353,920.89 for the first nine months of 2017, slightly improved from -¥135,130,970.82 in the same period last year[37] - Cash inflow from investment activities for the first nine months was ¥1,495,166,447.11, significantly higher than ¥321,328,510.05 in the previous year[37] - The cash outflow for investment activities in the first nine months was ¥2,809,461,093.86, compared to ¥507,975,775.23 in the same period last year[37] - The net cash flow from financing activities reached ¥2,166,907,032.18, a substantial increase from ¥112,634,677.47 in the previous year[35] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]