ECC(SH:600850)2016-10-28 16:00Financial Performance - Net profit attributable to shareholders increased by 16.79% to CNY 209,334,023.92 for the first nine months of the year[6]. - Operating revenue for the first nine months rose by 6.33% to CNY 3,916,758,544.23 compared to the same period last year[6]. - The company reported a net profit of CNY 1,373,611,796.54 in retained earnings, up from CNY 1,276,888,483.06, indicating a growth of about 7.6%[21]. - The company’s total comprehensive income for Q3 2016 was approximately CNY 83.48 million, compared to CNY 78.90 million in Q3 2015, indicating a growth of 5.0%[27]. - The total comprehensive income attributable to the parent company for the first nine months of 2016 was ¥210,636,285.73, compared to ¥177,804,439.99 for the same period in 2015, marking an increase of approximately 18.5%[30]. Assets and Liabilities - Total assets increased by 3.51% to CNY 4,939,694,682.40 compared to the end of the previous year[6]. - The company's current assets totaled CNY 4,664,016,755.65, compared to CNY 4,480,773,638.04 at the start of the year, reflecting a growth of approximately 4.1%[19]. - Total liabilities were reported at CNY 2,978,719,888.32, slightly up from CNY 2,916,389,149.29, showing an increase of around 2.1%[21]. - The company's total liabilities decreased, with accounts payable decreasing by 63.71% compared to the beginning of the year[11]. - Total assets as of Q3 2016 amounted to approximately CNY 2.08 billion, a decrease from CNY 2.25 billion in the previous year[24]. Cash Flow - The net cash flow from operating activities decreased by 93.41% to -CNY 382,914,978.77 year-on-year[6]. - The company's cash and cash equivalents decreased by 44.10% compared to the beginning of the period, primarily due to payments for procurement and dividends[11]. - Cash received from tax refunds increased by 63.19% compared to the same period last year, mainly due to an increase in tax refunds received[14]. - The total cash flow from operating activities for the first nine months of 2016 was ¥4,757,045,924.98, an increase from ¥4,432,427,803.37 in the same period last year[33]. - Cash outflow from investment activities was approximately ¥21.23 million, significantly lower than ¥71.83 million in Q3 2015, showing a decrease of 70.5%[34]. Shareholder Information - The total number of shareholders reached 17,885 at the end of the reporting period[8]. - The largest shareholder, East China Computer Technology Research Institute, holds 46.05% of the shares[8]. Inventory and Receivables - Inventory increased by 40.94% to CNY 2,199,649,140.36 compared to the end of the previous year[10]. - Other receivables increased by 35.34% compared to the beginning of the year, mainly due to an increase in performance and bidding guarantees[11]. - Inventory increased significantly to CNY 2,199,649,140.36 from CNY 1,560,721,853.79, marking an increase of about 40.9%[19]. - The company reported a significant increase in other receivables, totaling approximately CNY 59.63 million, compared to CNY 31.58 million in the previous year, marking an increase of 89.0%[24]. Investment Performance - Investment income increased by 900.85% compared to the same period last year, primarily due to the sale of available-for-sale financial assets[12]. - The investment income for Q3 2016 was ¥10,846,350.21, compared to a loss of ¥629,547.36 in Q3 2015, indicating a positive shift in investment performance[30]. Future Outlook - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[27].