YILI(SH:600887)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 12.47% to CNY 4.94 billion for the first nine months of the year[9] - Operating revenue for the first nine months reached CNY 52.13 billion, reflecting a growth of 13.51% year-on-year[9] - The company reported a net profit of CNY 4.56 billion after deducting non-recurring gains and losses, marking a 26.76% increase year-on-year[9] - Basic and diluted earnings per share increased by 12.50% to CNY 0.81[9] - The company reported a significant increase in sales expenses, totaling ¥3.44 billion, compared to ¥3.01 billion in the same period last year[57] - Net profit for the first nine months of 2017 was CNY 5.92 billion, an increase of 30.5% from CNY 4.53 billion year-on-year[52] - Total profit for the period amounted to ¥991.71 million, a significant increase from ¥320.33 million in the same period last year[57] Assets and Liabilities - Total assets increased by 20.04% to CNY 47.13 billion compared to the end of the previous year[9] - The total current assets increased to CNY 28.53 billion from CNY 20.19 billion, representing a growth of approximately 41.2%[45] - The total liabilities increased to CNY 22.80 billion from CNY 16.03 billion, reflecting a rise of about 42.3%[46] - Total assets increased to CNY 39.62 billion as of September 30, 2017, up from CNY 31.22 billion at the beginning of the year, representing a growth of 26.5%[48] - Total current assets reached CNY 14.67 billion, a significant increase of 99.8% compared to CNY 7.36 billion at the start of the year[48] Cash Flow - Net cash flow from operating activities decreased by 45.40% to CNY 6.72 billion compared to the same period last year[9] - Operating cash flow decreased by 45.40% to ¥6.72 billion, reflecting a significant drop compared to the previous year[34] - The net cash flow from operating activities decreased to CNY 6.72 billion, down 45.5% from CNY 12.30 billion year-on-year[58] - Cash received from sales of goods and services reached CNY 57.86 billion, up from CNY 52.18 billion, reflecting a growth of 10.2%[58] - The cash outflow for purchasing goods and services increased significantly to CNY 42.53 billion, compared to CNY 32.72 billion, marking a rise of 30%[58] - The cash received from investment income decreased due to a reduction in cash dividends from the Mianyang Science and Technology City Industrial Investment Fund[39] - The cash received from investment activities decreased by 97.19% to ¥10.65 million, indicating a substantial reduction in cash inflows from investments[34] Shareholder Information - The total number of shareholders reached 177,933 by the end of the reporting period[11] - The top ten shareholders held a combined 42.96% of the company's shares, with Hong Kong Central Clearing Limited holding 10.44%[11] Borrowings and Financial Expenses - Short-term borrowings skyrocketed by 4334.00% to ¥6.65 billion, resulting from new bank loans[16] - Financial expenses increased by 348.76% to ¥77.45 million, mainly due to higher interest expenses from increased bank borrowings[31] - The cash paid for interest, fees, and commissions increased due to interest payments on borrowed funds[36] Investment Activities - The company received CNY 2.64 billion in cash from investment income, which is an increase from CNY 1.99 billion year-on-year[61] - The net cash flow from investment activities was negative at CNY -2.07 billion, slightly improved from CNY -2.18 billion in the previous year[59] - The company reported a 70.53% decline in investment income to ¥107.01 million, primarily due to the previous year's significant disposals of equity stakes[31] Future Plans - The company plans to continue expanding its market presence and investing in new product development to drive future growth[52]