SCSF(SH:600779)2017-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,471,332,967.94, an increase of 85.18% year-on-year[6] - Net profit attributable to shareholders increased by 63.22% to CNY 243,362,027.45 for the first nine months[6] - Basic earnings per share increased by 63.20% to CNY 0.4981[7] - Total operating revenue for Q3 2017 reached ¥630.83 million, a significant increase of 109.5% compared to ¥301.93 million in Q3 2016[28] - Operating profit for Q3 2017 was ¥172.98 million, up 118.4% from ¥79.21 million in the same period last year[29] - Net profit attributable to shareholders for Q3 2017 was ¥128.86 million, representing a 121.5% increase from ¥57.98 million in Q3 2016[30] - Cumulative net profit for the first nine months of 2017 reached ¥243.36 million, up 63.3% from ¥149.10 million in the previous year[30] - The company has shown strong growth in both revenue and profit margins, indicating a positive outlook for future performance[30] Assets and Liabilities - Total assets increased by 12.24% to CNY 2,473,253,733.23 compared to the end of the previous year[6] - Total liabilities reached ¥985,098,604.12, up from ¥734,019,707.92, indicating a growth of around 34.14%[21] - Current liabilities rose to ¥971,427,371.98 from ¥724,930,545.78, marking an increase of approximately 34.06%[20] - Accounts payable rose to ¥318,500,888.06 from ¥192,522,623.85, representing an increase of approximately 65.38%[20] - The company reported a significant increase in asset impairment losses, totaling CNY 103,403,571.35, up 839.33% from the previous year[15] Cash Flow - Net cash flow from operating activities rose by 40.47% to CNY 369,467,462.70 compared to the same period last year[6] - Cash flow from operating activities for the first nine months was CNY 369,467,462.70, a 40.47% increase from CNY 263,025,752.84 in 2016[15] - Cash inflow from operating activities totaled ¥817,494,272.17, up 67.5% from ¥487,817,270.86 year-on-year[39] - Cash outflow from operating activities increased significantly to ¥772,987,250.12, compared to ¥314,550,619.52 in the previous year, marking a rise of 146.2%[39] - The net cash flow from investing activities was ¥401,652,551.99, a substantial increase from ¥35,213,460.79 in the same period last year[39] Shareholder Information - The total number of shareholders reached 29,572 by the end of the reporting period[9] - The largest shareholder, Sichuan Chengdu Shuijingfang Group Co., Ltd., holds 39.71% of the shares[9] Government Support and Non-Operating Income - The company received government subsidies amounting to CNY 2,098,845.47, which are closely related to its normal business operations[8] - Non-operating income and expenses resulted in a net loss of CNY 1,013,243.15 for the reporting period[8] Expenses - Operating costs rose by 54.61% to CNY 310,701,720.59, driven by increased sales volume of core products[15] - Sales expenses increased by 105.27% to CNY 364,154,430.19, attributed to higher advertising investments and channel development[15] - Tax expenses for Q3 2017 amounted to ¥43.12 million, up 104.5% from ¥21.10 million in Q3 2016[29] Investment Activities - The company’s cash flow from investing activities saw a dramatic rise of 486.78% to CNY 184,718,200.47, mainly due to the recovery of one-year term deposits[15] - Cash inflow from investing activities reached ¥443,494,437.57, compared to only ¥44,957,900.00 in the previous year, indicating a growth of 887.5%[39]