ZLC(SH:600818)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 58.75% to CNY 32,773,622.60 year-on-year[7] - Operating revenue declined by 3.78% to CNY 476,355,397.81 for the first nine months of the year[7] - The company's net profit for Q3 2017 was CNY 26,044,697.52, a decrease of 65.57% compared to CNY 75,642,765.01 in the same period last year[12] - The basic and diluted earnings per share both decreased by 60% to CNY 0.10 from CNY 0.25 in the same period last year[12] - Total operating revenue for Q3 2017 was ¥165,044,316.81, a decrease of 16.2% compared to ¥196,829,259.38 in Q3 2016[28] - The total net profit for the first nine months of 2017 was ¥26,044,697.52, a decrease from ¥75,642,765.01 in the same period of 2016[29] - The company’s total comprehensive income for Q3 2017 was -¥331,475.25, compared to ¥55,225,500.67 in Q3 2016[30] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -85,155,566.51, compared to a positive CNY 140,821,370.16 in the same period last year[7] - Cash inflow from operating activities for the first nine months was CNY 514.24 million, down 31.8% from CNY 753.96 million in the same period last year[34] - Net cash flow from operating activities was negative CNY 85.16 million, compared to a positive CNY 140.82 million in the previous year[35] - Cash inflow from financing activities was CNY 154 million, compared to CNY 79 million in the same period last year, marking a 95.0% increase[35] - The company reported a net increase in cash and cash equivalents of CNY -75.07 million, compared to an increase of CNY 8.54 million in the previous year[35] Assets and Liabilities - Total assets increased by 7.42% to CNY 1,084,818,800.69 compared to the end of the previous year[7] - Total liabilities increased to CNY 401,231,273.32 from CNY 368,556,971.62, marking an increase of about 8.5%[22] - Current assets decreased to CNY 322,477,947.64 from CNY 354,239,714.90, a decline of about 8.9%[20] - Non-current assets increased to CNY 762,340,853.05 from CNY 655,658,076.91, reflecting a growth of around 16.3%[21] - Total equity increased to CNY 683,587,527.37 from CNY 641,340,820.19, representing a growth of about 6.6%[22] Investments - Long-term equity investments surged by 1,382.88% to CNY 107,102,938.50 due to additional investments in Yingnei IoT[11] - The company plans to invest CNY 21,000,000.00 in its subsidiary for the development of high-altitude wind power generation projects[13] - The company has received approval for a 400 MW high-altitude wind power project in Anhui Province, which will be actively pursued for funding and construction[14] - The company agreed to sell 28.05% of its stake in a subsidiary for an estimated value of CNY 252,407,932.01, receiving shares in return[15] - The company transferred 15.38% of its stake in a futures company for CNY 47,692,000.00, with the transaction completed pending regulatory approval[16] Shareholder Information - The number of shareholders reached 39,458 by the end of the reporting period[9] Operating Costs - Total operating costs for Q3 2017 were ¥168,674,501.62, down 22.6% from ¥217,961,753.54 in Q3 2016[28] - The company reported a significant increase in management expenses for Q3 2017, totaling ¥9,991,451.59, compared to ¥17,765,781.95 in Q3 2016[29]