Jiangnan Water(SH:601199)2016-10-25 16:00Financial Performance - Operating revenue for the first nine months reached CNY 798,351,585.31, a growth of 38.80% year-on-year[5] - Net profit attributable to shareholders increased by 31.86% to CNY 243,902,606.37 compared to the same period last year[5] - Basic earnings per share (EPS) for the first nine months was CNY 0.26, up 30.00% from CNY 0.20 in the previous year[8] - The net profit after deducting non-recurring gains and losses was CNY 239,822,231.45, reflecting a 35.03% increase year-on-year[5] - The company's revenue for Q3 2016 reached ¥798,351,585.31, representing a 38.80% increase compared to ¥575,178,003.70 in the same period last year[14] - Year-to-date net profit reached ¥243,902,606.37, a significant increase of 32.0% compared to ¥184,969,105.21 in the same period last year[31] - The total profit for Q3 2016 was CNY 50,391,384.23, an increase of 2.4% compared to CNY 47,253,096.88 in Q3 2015[33] Cash Flow - Net cash flow from operating activities increased by 21.31% to CNY 318,924,364.01[5] - The net cash flow from investing activities saw a significant increase of 775.55%, amounting to -¥1,185,464,863.66, due to the company's investments in financial products and structured deposits[14] - The net cash flow from financing activities surged by 1363.90% to ¥654,372,948.90, primarily from cash received from issuing convertible bonds[14] - The net increase in cash and cash equivalents for Q3 2016 was -212,167,550.75 RMB, compared to a positive increase of 75,729,013.65 RMB in the same period last year[36] - Total cash inflow from operating activities was 393,491,672.38 RMB, compared to 373,916,457.36 RMB in the previous year, showing an increase of about 5.3%[39] Assets and Liabilities - Total assets increased by 23.98% to CNY 4,420,073,157.34 compared to the end of the previous year[5] - Total current assets increased to ¥2,320,426,879.82 from ¥1,626,279,390.06, representing a growth of approximately 42.6%[21] - Total liabilities increased to ¥1,959,138,903.38 from ¥1,365,372,306.79, indicating a rise of approximately 43.5%[23] - Total equity increased to ¥2,460,934,253.96 from ¥2,199,697,925.86, representing a growth of about 11.9%[23] - The company reported a significant increase in other current assets to ¥879,631,755.92 from ¥27,568,755.73, a growth of approximately 3085.5%[21] Shareholder Information - Total shareholders reached 37,853, with the top ten shareholders holding significant stakes, including Jiangyin Urban Water Supply Co., which owns 35.19%[12] - The company completed a capital reserve conversion to increase its share capital, resulting in a total share capital of 935,200,000 shares[7] - The company's capital stock doubled to ¥935,201,804.00 due to capital reserve conversion and bond conversion[13] Operational Costs and Expenses - Operating costs increased by 51.71% to ¥361,957,860.48, up from ¥238,590,881.07, primarily due to increased repair costs from January's freezing weather[14] - The company's sales expenses for the first nine months of 2016 were CNY 54,389,112.22, up from CNY 49,559,625.93 in the same period last year[32] Future Plans and Strategies - The company plans to continue expanding its market presence and investing in new projects to drive future growth[13] - The company plans to construct a new booster station and supporting pipeline network by the end of 2013, replacing currently leased assets[18] - The company has implemented a restricted stock incentive plan, pending approval from relevant authorities, to enhance employee motivation and retention[15]