SJY.(SH:600676)2017-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 6,465,125,387.92, representing a growth of 5.72% year-on-year[8]. - Net profit attributable to shareholders for the first nine months was CNY 219,125,414.99, an increase of 5.16% compared to the same period last year[8]. - Basic earnings per share decreased by 11.80% to CNY 0.2131[8]. - The weighted average return on equity decreased by 1.45 percentage points to 4.06%[8]. - Net profit for the first nine months of 2017 reached CNY 134,334,707.35, compared to CNY 73,301,858.93 in the same period last year, representing an increase of 83.5%[32]. - The gross profit margin for the first nine months of 2017 improved to 6.5%, compared to 10.4% in the same period last year[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,084,068,103.07, a decrease of 0.35% compared to the end of the previous year[8]. - Total liabilities decreased from ¥3,356,700,520.74 to ¥3,258,516,671.60, a reduction of about 2.92%[20]. - Current liabilities decreased from ¥2,974,501,449.99 to ¥2,944,951,313.73, a decline of approximately 0.99%[19]. - Non-current liabilities decreased from ¥382,199,070.75 to ¥313,565,357.87, a reduction of about 17.94%[20]. - Current assets increased slightly from ¥5,265,888,662.83 to ¥5,284,478,011.34, representing a growth of about 0.35%[18]. Cash Flow - Net cash flow from operating activities decreased by 28.63% to CNY 208,644,375.18 for the first nine months[8]. - Net cash flow from financing activities increased by 39.15% to CNY -271,585,916.68 as a result of higher repayments of bank loans[13]. - The company reported a net cash flow from operating activities of CNY 208,644,375.18 for the first nine months of 2017, down from CNY 292,332,265.80 in the previous year[36]. - Cash inflow from investment activities increased to $163.56 million compared to $126.08 million in the same period last year[40]. - Cash paid for purchasing goods and services decreased to $583.82 million from $669.98 million[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 55,414[11]. - The largest shareholder, Shanghai Jiaoyun (Group) Company, held 31.92% of the shares[11]. - Shareholders' equity increased from ¥5,759,636,651.43 to ¥5,825,551,431.47, representing a growth of approximately 1.14%[20]. Inventory and Prepayments - Prepayments increased by 68.29% to CNY 346,284,237.46 due to higher advance payments for steel purchases[13]. - Inventory rose by 31.98% to CNY 1,227,810,312.05 primarily due to increased stock of products and new 4S store inventory[13]. - The company reported a significant increase in prepayments from ¥205,769,514.99 to ¥346,284,237.46, an increase of about 68.3%[18]. Investment Income - Investment income increased by 40.82% to CNY 30,271,129.89 due to higher earnings from long-term equity investments[13]. - Investment income for the first nine months of 2017 was ¥30,271,129.89, significantly higher than ¥21,496,978.42 for the same period in 2016, marking an increase of 40.5%[27]. - The company reported an investment income of CNY 182,807,023.56 for the first nine months of 2017, significantly higher than CNY 113,618,317.67 in the previous year[31]. Other Financial Metrics - Non-recurring gains and losses totaled CNY 5,152,470.77 for the reporting period[11]. - Employee compensation payable decreased by 57.32% to CNY 27,801,527.80 due to the distribution of year-end bonuses[13]. - Tax payable decreased by 80.36% to CNY 23,464,975.56 as the previously accrued income tax was fully settled during the year[13]. - Interest payable surged by 558.87% to CNY 35,660,816.40 due to the accrual of interest on corporate bonds for the first three quarters[13].