FACS(SH:600651)2017-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 6.01 billion, a 20.66% increase year-on-year[7] - Net profit attributable to shareholders increased by 374.6% to CNY 522.03 million compared to the same period last year[7] - Basic and diluted earnings per share rose by 373.87% to CNY 0.526[8] - The company reported a net profit of CNY 323.27 million after deducting non-recurring gains and losses, a 195.55% increase year-on-year[7] - Total operating revenue for Q3 2017 reached ¥2,641,797,067.91, a 35% increase from ¥1,957,198,657.49 in Q3 2016[29] - Net profit for Q3 2017 was ¥221,491,737.16, compared to ¥59,990,194.59 in Q3 2016, representing a 269% increase[30] - The net profit attributable to shareholders of the parent company for Q3 2017 was ¥228,725,416.94, significantly higher than ¥54,370,560.56 in Q3 2016[30] - The investment income for the first nine months of 2017 was CNY 460,853,738.35, compared to CNY 71,939,613.17 in the same period of 2016[31] Assets and Liabilities - Total assets increased by 31.84% to CNY 15.61 billion compared to the end of the previous year[7] - Total current assets increased to ¥8,981,792,936.31 from ¥5,791,502,580.30, representing a growth of approximately 55.5%[21] - Total non-current assets increased to ¥6,632,324,492.33 from ¥6,051,790,959.74, reflecting a growth of around 9.6%[22] - Total liabilities rose to ¥11,428,444,127.91 from ¥8,027,583,463.42, representing an increase of about 42.5%[23] - The total assets as of the end of Q3 2017 amounted to ¥6,296,390,938.22, an increase from ¥5,319,550,976.79 at the end of Q3 2016[27] - The total liabilities for Q3 2017 were ¥3,367,909,198.42, compared to ¥2,434,451,119.40 in the same period last year, indicating a 38% increase[27] Cash Flow - The net cash flow from operating activities improved by 34.64%, reaching CNY -887.86 million[7] - The company's operating cash flow for the first nine months of 2017 was negative CNY 887,857,826.53, an improvement from negative CNY 1,358,335,345.28 in the previous year[35] - Total cash inflow from operating activities was 129,542,602.30 RMB, a significant increase from 58,683,487.07 RMB year-on-year[38] - Cash outflow from investing activities totaled 671,418,575.27 RMB, down from 1,237,765,236.40 RMB in the previous year, resulting in a net cash flow of -487,593,784.96 RMB[39] - The ending cash and cash equivalents balance decreased to 29,695,090.68 RMB from 171,466,803.76 RMB year-on-year[39] Shareholder Information - The number of shareholders at the end of the reporting period was 67,087[12] - The top shareholder, Shanghai Yidian Electronics Group Co., Ltd., holds 21.99% of the shares[12] Inventory and Receivables - Inventory surged by 111% to CNY 6,490,089,675.51 as project costs escalated with ongoing project acquisitions[15] - Other receivables rose by 87% to CNY 270,275,569.66 primarily due to increased customer deposits[15] - Accounts receivable rose to ¥1,198,109,495.54 from ¥1,351,617,721.43, showing a decrease of approximately 11.3%[21] Investments and Acquisitions - Investment income soared by 916% to CNY 459,671,080.83 due to restructuring gains from Huaxin shares[16] - The company approved the acquisition of 20% of Feilo Malta Limited and 100% of Havells Sylvania (Thailand) Limited for a total of EUR 34.5 million and EUR 1.6 million respectively[17] - The company is currently preparing for the equity transfer related to the acquisition of Xiwannian Group[18] Government Subsidies - The company recorded a government subsidy of CNY 4.38 million related to its normal business operations[9]