LBC(SH:600727)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders increased by 147.53% to CNY 45,795,146.01 for the period from January to September[6] - Operating revenue rose by 8.78% to CNY 385,688,801.82 for the same period[6] - The net profit after deducting non-recurring gains and losses surged by 226.51% to CNY 50,593,584.26[6] - The company expects a significant increase in cumulative net profit for the year, with an increase of over 50% compared to the same period last year, driven by higher market sales prices for key products and stable production costs[22] - The net profit for the first three quarters of 2017 was CNY 45,795,146.01, significantly up from CNY 18,501,024.36 in the previous year, marking a year-on-year increase of 147.3%[29] Earnings and Shareholder Metrics - Basic earnings per share improved by 160% to CNY 0.13[7] - The basic earnings per share for the first three quarters was CNY 0.13, up from CNY 0.05 in the same period last year[29] - The total number of shareholders reached 32,895 at the end of the reporting period[11] - The largest shareholder, Shandong Lubei Group, holds 30.56% of the shares[11] Asset and Liability Changes - Total assets decreased by 6.65% to CNY 1,395,490,388.74 compared to the end of the previous year[6] - The total assets decreased from CNY 1,494,963,322.63 in the previous year to CNY 1,395,490,388.74, reflecting a decline of 6.6%[28] - The total liabilities also decreased from CNY 409,810,088.54 to CNY 265,289,256.33, a reduction of 35.1%[28] - The total equity increased to CNY 1,130,201,132.41 from CNY 1,085,153,234.09, reflecting a growth of 4.1%[28] Cash Flow and Investments - Cash flow from operating activities showed a slight increase of 0.42% to CNY 55,465,778.78[6] - The cash flow from operating activities for the first three quarters was CNY 55,465,778.78, slightly up from CNY 55,231,930.15 in the same period last year[34] - The company reported a significant increase in cash flow from investment activities, with a net cash inflow of CNY 214,437,982.08 compared to a net outflow of CNY 25,504,217.29 in the previous year[34] - Cash and cash equivalents increased by 838.46% compared to the beginning of the year, primarily due to the redemption of bank wealth management products and operational collections[14] - Cash and cash equivalents at the beginning of the period were $32,190,392.37, compared to $102,691,485.90 in the previous period[35] - Cash and cash equivalents at the end of the period increased to $302,094,153.23, up from $152,115,398.76[35] Operational Metrics - Accounts receivable decreased by 51.02% compared to the beginning of the year, mainly due to the recovery of previous payments based on sales policies[16] - Inventory increased by 39.97% compared to the beginning of the year, attributed to seasonal sales factors of certain products[18] - Construction in progress increased by 270.55% compared to the beginning of the year, mainly for the waste acid decomposition project and cement system technology renovation project[20] - The company reported a decrease in operating costs, which were CNY 278,412,252.53 for the first three quarters, compared to CNY 272,877,504.21 in the previous year[28] - The company received CNY 404,382,261.86 from sales of goods and services, an increase from CNY 379,437,343.03 in the previous year[34] Return on Equity - The weighted average return on equity increased by 2.39 percentage points to 4.13%[7]