LIUSTEELCO(SH:601003)2017-10-19 16:00Financial Performance - Operating revenue for the first nine months reached CNY 29.92 billion, a 60.64% increase year-on-year[6]. - Net profit attributable to shareholders surged by 915.49% to CNY 1.26 billion for the first nine months[6]. - Revenue for the reporting period reached 29.919 billion yuan, a year-on-year increase of 60.64%[10]. - Net profit for the reporting period was 1.255 billion yuan, a year-on-year increase of 915.49%[14]. - The total profit for the period was ¥1,022,826,170.16, compared to ¥44,612,906.01 in Q3 2016, marking a significant increase[25]. Cash Flow - Cash flow from operating activities increased by 88.28% to CNY 2.96 billion for the first nine months[6]. - Operating cash flow for the reporting period was 2.96 billion yuan, an increase of 88.3% year-on-year[14]. - The cash flow from operating activities generated a net amount of ¥2,959,853,414.42, up from ¥1,572,039,448.44 in the previous year, indicating improved operational efficiency[27]. - The cash inflow from operating activities totaled ¥22,373,205,244.16, compared to ¥13,838,310,915.96 in the previous year, indicating strong sales performance[27]. Assets and Liabilities - Total assets increased by 12.31% to CNY 23.37 billion compared to the end of the previous year[6]. - Net assets attributable to shareholders increased by 25.33% to CNY 5.81 billion compared to the end of the previous year[6]. - Cash and cash equivalents at the end of the period reached CNY 2.736 billion, up 110.95% from the beginning of the year[12]. - Accounts receivable increased by 146.06% to CNY 5.221 billion compared to the beginning of the year[12]. - Accounts payable at the end of the period were 2.416 billion yuan, an increase of 106.36% from the beginning of the year[10]. - Non-current liabilities due within one year were 1.099 billion yuan, an increase of 1538.09% from the beginning of the year[10]. Earnings and Shareholder Returns - Basic earnings per share increased by 916.18% to CNY 0.4898[6]. - The company reported a basic earnings per share of ¥0.3354 for Q3 2017, compared to ¥0.0174 in Q3 2016, showing strong earnings growth[26]. - The weighted average return on equity rose by 21.1 percentage points to 23.85%[6]. Investment and Expenses - The company has increased investment in technology transformation projects, impacting cash flow from investing activities, which was -178 million yuan, a decrease of 1.75 billion yuan year-on-year[14]. - Financial expenses for the reporting period were 102 million yuan, a decrease of 78.28% year-on-year[10]. - The company incurred financial expenses of -¥1,113,795.62 in Q3 2017, a significant decrease from ¥131,962,779.59 in Q3 2016, suggesting improved financial management[24]. - The investment activities resulted in a net cash outflow of -¥177,733,368.57, compared to -¥3,469,944.40 in the previous year, indicating a shift in investment strategy[28]. Other Financial Metrics - Cash flow from operating activities increased by 88.28% to CNY 2.96 billion for the first nine months[6]. - Construction in progress at the end of the period was 408 million yuan, an increase of 66.87% from the beginning of the year[10]. - Deferred tax assets at the end of the period were 48.33 million yuan, a decrease of 66.61% from the beginning of the year[10]. - The company has fully provided for bad debts amounting to 17 million yuan related to a legal dispute with Guangxi Liao Trade Co., Ltd.[15].