SNAT(SH:600841)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 2,687,443,288.57, a 40.63% increase year-on-year[7] - Net profit attributable to shareholders increased by 42.09% to CNY 96,095,877.59 for the first nine months[7] - Total operating revenue for the third quarter reached ¥891.11 million, a significant increase from ¥600.67 million in the same period last year, representing a growth of approximately 48.3%[24] - Net profit for the third quarter was ¥30.55 million, up from ¥13.84 million year-over-year, indicating a growth of approximately 120.0%[24] - The company reported a total profit of ¥27.06 million for the quarter, compared to ¥10.27 million in the previous year, marking an increase of about 163.5%[24] - The total comprehensive income for the third quarter was ¥33.20 million, compared to ¥13.73 million in the previous year, reflecting a growth of approximately 142.5%[25] - The total comprehensive income for the first nine months of 2017 was CNY 94,833,725.16, compared to CNY 93,274,507.57 in the same period last year, reflecting a slight increase[30] Assets and Liabilities - Total assets increased by 13.78% to CNY 6,490,042,252.41 compared to the end of the previous year[7] - Total current assets increased to ¥4,698,671,454.09 from ¥3,841,086,874.40, representing a growth of approximately 22.4%[17] - Total current liabilities increased to ¥2,728,461,119.02 from ¥2,002,216,206.03, reflecting a rise of about 36.3%[18] - Total liabilities rose to ¥2,888,836,846.71 from ¥2,168,751,221.72, indicating an increase of approximately 33.2%[18] - Total equity attributable to shareholders increased to ¥3,597,734,511.32 from ¥3,531,182,725.13, a growth of about 1.9%[18] - Non-current assets totaled ¥1,791,370,798.32, down from ¥1,863,044,883.09, indicating a decrease of about 3.9%[17] Cash Flow - The net cash flow from operating activities was CNY -73,010,123.60, compared to CNY -48,950,775.00 in the same period last year[7] - Cash inflows from operating activities totaled CNY 2,380,294,644.03, up from CNY 1,872,135,448.90 year-over-year, indicating a growth of approximately 27.2%[33] - Cash outflows from operating activities increased to CNY 2,453,304,767.63 from CNY 1,921,086,223.90, representing a rise of about 27.7%[33] - The net cash flow from investing activities was CNY 261,838,836.73, a significant improvement from -CNY 64,135,517.32 in the same period last year[33] - The cash flow from financing activities resulted in a net outflow of -CNY 30,194,048.75, compared to -CNY 14,904,529.00 in the previous year[34] - The company experienced a foreign exchange impact on cash and cash equivalents of -CNY 15,539,398.89 during the reporting period[34] Expenses - Operating costs rose by 39.08% year-on-year, driven by higher diesel engine sales[12] - Sales expenses increased by 60.36% year-on-year, attributed to growth in diesel engine sales and increased warranty and maintenance costs[12] - Operating expenses, including sales and management costs, totaled ¥164.55 million, compared to ¥122.08 million in the previous year, an increase of approximately 35.0%[24] Shareholder Information - The number of shareholders reached 46,163 by the end of the reporting period[10] - The company received government subsidies amounting to CNY 13,715,013.00 for the year-to-date[7] Accounts Receivable and Inventory - Accounts receivable increased by 278.93% compared to the beginning of the year, primarily due to increased sales revenue[12] - Accounts receivable increased significantly to ¥785,125,908.69 from ¥207,197,863.69, marking a growth of approximately 278.5%[17] - Inventory levels slightly increased to ¥261,791,583.82 from ¥258,756,963.49, a growth of about 1.2%[17] Earnings Per Share - Earnings per share (EPS) for the third quarter was ¥0.03, compared to ¥0.02 in the same period last year[25] - The basic earnings per share and diluted earnings per share figures were not disclosed in the report[30]