STEC(SH:600820)2016-10-27 16:00Financial Performance - Operating income for the first nine months rose by 9.57% to CNY 17.59 billion compared to the same period last year[8]. - Net profit attributable to shareholders increased by 12.26% to CNY 1.05 billion year-on-year[8]. - Basic earnings per share rose by 10.00% to CNY 0.33 per share[10]. - Operating profit for the first nine months of 2016 was ¥1,339,126,094.80, up 13.76% from ¥1,177,215,360.66 in the same period last year[28]. - Net profit attributable to shareholders for Q3 2016 was ¥346,548,971.10, representing a 17.43% increase from ¥295,108,759.39 in Q3 2015[29]. - The company reported a total profit of ¥464,820,182.14 for Q3 2016, which is a 3.23% increase compared to ¥447,378,864.89 in Q3 2015[29]. - The total comprehensive income for Q3 2016 was ¥604,589,880.70, compared to ¥288,554,682.43 in Q3 2015, indicating significant growth[30]. Assets and Liabilities - Total assets decreased by 0.22% to CNY 62.75 billion compared to the end of the previous year[8]. - Current liabilities decreased to CNY 28.61 billion from CNY 29.73 billion, a reduction of about 3.77%[23]. - Non-current assets increased to CNY 30.92 billion from CNY 30.09 billion, an increase of approximately 2.73%[22]. - Total liabilities decreased to CNY 45.07 billion from CNY 46.00 billion, a decline of approximately 2.02%[23]. - Owner's equity increased to CNY 17.67 billion from CNY 16.89 billion, an increase of about 4.63%[23]. - The total assets and equity as of the end of Q3 2016 were ¥20,283,189,177.61 and ¥13,822,479,382.65 respectively, showing a decrease from the previous quarter[27]. Cash Flow - Net cash flow from operating activities increased by 12.02% to CNY 342.84 million[8]. - The operating cash flow for the first nine months of 2016 was approximately ¥16.89 billion, down from ¥18.04 billion in the same period last year[35]. - The net cash flow from operating activities for the first nine months of 2016 was approximately ¥342.84 million, an increase from ¥306.05 million in the previous year[36]. - The net cash flow from investing activities for the first nine months of 2016 was approximately -¥3.44 billion, compared to ¥908.58 million in the same period last year[37]. - Cash inflow from financing activities included $823.98 million from borrowings[39]. - Cash outflow for debt repayment was $901.23 million, an increase from $401.23 million in the previous period[39]. Shareholder Information - The number of shareholders reached 197,828 by the end of the reporting period[13]. - The largest shareholder, Shanghai Tunnel Engineering Group, holds 43.49% of the shares[13]. Investments and Subsidies - The company received government subsidies totaling CNY 127.85 million during the reporting period[11]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[28]. Other Financial Metrics - The weighted average return on equity increased by 0.42 percentage points to 6.28%[10]. - The company's accounts receivable decreased by 94.52% to ¥7,563,545 from ¥138,125,447 due to the maturity of receivables[15]. - Other receivables dropped by 45.31% to ¥706,013,618.62 from ¥1,291,003,673.73 as a result of recovering inter-company payments[15]. - Short-term borrowings rose by 44.13% to ¥3,314,000,000 from ¥2,299,276,000, attributed to an increase in short-term bank loans[15]. - The company's financial expenses decreased by 41.91% to ¥407,890,212.68 from ¥702,135,892.42 due to lower interest rates and reduced average loan balances[16]. - The company's minority interests increased by 89.67% to ¥448,387,288.90 from ¥236,403,038.05 due to capital contributions from owners[16]. - The company reported a 70.83% decrease in taxes payable to ¥254,943,022.99 from ¥873,889,681.02, resulting from tax payments[15].