GEM-YEAR(SH:601002)2016-10-27 16:00Financial Performance - Operating revenue decreased by 2.55% to CNY 1,631,450,497.63 for the period from January to September[7] - Net profit attributable to shareholders of the listed company was CNY 36,473,021.91, a significant recovery from a loss of CNY 13,884,020.96 in the same period last year[7] - Basic and diluted earnings per share were both CNY 0.056, compared to a loss of CNY 0.013 per share in the same period last year[8] - Total profit increased to RMB 66,949,384.61 from a loss of RMB 1,757,772.70 year-over-year[14] - Net profit for Q3 2016 reached CNY 25,941,951.76, compared to CNY 10,670,513.39 in Q3 2015, marking a significant increase of 143.5%[30] - The total comprehensive income for Q3 2016 was CNY 25,941,951.76, compared to CNY 10,670,513.39 in Q3 2015, showing a year-over-year increase of 143.5%[31] - Total comprehensive income for the first nine months of 2016 was ¥46.34 million, compared to ¥16.36 million in the same period last year[34] Cash Flow - Net cash flow from operating activities reached CNY 259,780,608.24, a turnaround from a negative cash flow of CNY 11,065,639.94 in the previous year[7] - Cash flow from operating activities for the first nine months of 2016 was ¥259.78 million, a significant recovery from a negative cash flow of ¥11.07 million in the same period last year[37] - Total cash inflow from operating activities reached CNY 1,694,769,755.83, up from CNY 1,615,738,929.91 year-on-year, reflecting a growth of approximately 4.9%[40] - The net increase in cash and cash equivalents for the period was CNY 106,528,062.11, compared to a decrease of CNY 25,427,063.96 in the previous year[41] Assets and Liabilities - Total assets increased by 4.65% to CNY 4,153,108,142.87 compared to the end of the previous year[7] - The company's total liabilities were CNY 1,646,264,141.75, an increase from CNY 1,513,399,495.14 at the beginning of the year, which is an increase of about 8.77%[22] - The company's current assets totaled CNY 2,601,706,748.56, up from CNY 2,359,648,665.59 at the start of the year, indicating an increase of about 10.27%[21] - The inventory balance as of September 30, 2016, was CNY 1,414,881,103.06, compared to CNY 1,304,288,356.97 at the beginning of the year, representing a rise of approximately 8.49%[21] - The company's total equity as of Q3 2016 was CNY 2,380,015,787.24, compared to CNY 2,333,170,110.21 in Q3 2015, reflecting an increase of 2.0%[27] Shareholder Information - The total number of shareholders reached 90,879 by the end of the reporting period[11] - The largest shareholder, CHIN CHAMP ENTERPRISE CO., LTD., holds 41.35% of the shares[11] Government Subsidies and Non-Recurring Items - The company received government subsidies amounting to CNY 9,048,803.39 during the reporting period, which are closely related to its normal business operations[9] - Non-recurring gains and losses totaled CNY 1,788,754.60 for the period, contributing positively to the overall financial performance[10] Operational Metrics - Operating costs decreased by 8.20% to RMB 1,281,511,547.22 from RMB 1,396,044,051.89 year-over-year[14] - The company reported an operating profit of CNY 32,900,953.61 for Q3 2016, significantly higher than CNY 15,958,893.76 in Q3 2015[30] - The company’s investment income for Q3 2016 was CNY 400,613.65, down from CNY 1,624,873.88 in Q3 2015[30] Future Outlook - The net profit for the upcoming quarter is expected to remain stable compared to the current cumulative net profit, with no significant changes anticipated[21] - The company anticipates continued profitability in the next quarter, with no major fluctuations in cumulative net profit expected[21]