SOPO(SH:600746)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders rose by 195.89% to CNY 68,217,741.91 for the first nine months[6] - Operating revenue for the first nine months reached CNY 596,800,166.59, an increase of 32.59% year-on-year[6] - Basic earnings per share increased by 195.89% to CNY 0.2226[6] - The company reported a net profit of CNY 12,154,757.81 from non-current asset disposals for the year-to-date[8] - Net profit increased significantly compared to the same period last year, driven by overall profitability during the period[14] - The company's operating revenue for the first nine months of 2017 reached ¥596,800,166.59, a 32.6% increase compared to ¥450,097,454.23 in the same period last year[22] - The net profit for the first nine months of 2017 was ¥68,217,741.91, significantly up from ¥23,054,989.85 in the previous year, representing a growth of 196.5%[23] - The operating profit for the first nine months was ¥78,725,023.17, compared to ¥30,841,223.16 in the same period last year, reflecting a growth of 155.5%[23] - The company reported a total comprehensive income of ¥68,283,891.91 for the first nine months, compared to ¥23,058,139.85 in the previous year, indicating a growth of 196.5%[23] Asset and Liability Changes - Total assets increased by 13.43% to CNY 722,553,721.91 compared to the end of the previous year[6] - Cash and cash equivalents increased by 151.78% compared to the beginning of the year, attributed to profits and increased cash receipts[13] - Accounts receivable rose by 125.64% year-to-date, mainly due to the sale of ion membrane equipment to Sop Group, resulting in a bank acceptance bill of 26 million RMB[13] - Long-term prepaid expenses decreased by 68.04% year-to-date, mainly due to the disposal of unamortized ion membrane costs[13] - Other payables surged by 233.44% year-to-date, primarily due to the accrual of certain major repair costs[13] - Total assets as of September 30, 2017, amounted to 722.55 million RMB, up from 636.99 million RMB at the beginning of the year[20] - Total liabilities increased to 225.99 million RMB from 197.99 million RMB at the beginning of the year[20] - The company's total equity at the end of the third quarter was ¥496,554,430.10, up from ¥438,995,331.89 at the beginning of the year, marking an increase of 13.1%[21] Shareholder Information - The total number of shareholders reached 21,472 by the end of the reporting period[10] - The largest shareholder, Jiangsu Sop Group Co., Ltd., holds 54.81% of the shares, with 41,027,139 shares pledged[10] Cash Flow - Net cash flow from operating activities increased by 58.25% to CNY 78,664,024.51 for the first nine months[6] - The cash flow from operating activities generated a net cash inflow of ¥78,664,024.51, compared to ¥49,709,385.20 in the same period last year, reflecting a 58.2% increase[26] - The cash and cash equivalents at the end of the reporting period amounted to ¥113,316,685.63, an increase from ¥83,612,834.21 at the beginning of the year, representing a growth of 35.5%[27] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company expects a significant increase in cumulative net profit compared to the same period last year, benefiting from higher average prices of ADC foaming agents[15] Financial Performance Shift - The company incurred a financial expense of ¥476,351.51 in the third quarter, compared to a financial income of ¥-366,353.23 in the same period last year, indicating a shift in financial performance[22]