SAILUN GROUP(SH:601058)2017-10-26 16:00Financial Performance - Operating revenue for the first nine months rose by 27.47% to CNY 10,261,934,697.41 year-on-year[6] - Net profit attributable to shareholders decreased by 40.72% to CNY 181,285,751.56 compared to the same period last year[6] - Total operating revenue for Q3 2017 reached ¥3,735,942,973, an increase of 28.8% compared to ¥2,900,485,981 in Q3 2016[26] - Year-to-date operating revenue for 2017 was ¥10,261,934,697, up 27.5% from ¥8,050,294,798 in the same period last year[26] - Net profit attributable to shareholders for Q3 2017 was CNY 162,068,098.72, compared to CNY 97,914,080.23 in Q3 2016, representing a growth of 65.5%[30] - The total profit for the first nine months of 2017 was CNY 2,956,946,768.28, compared to CNY 2,367,654,039.50 in the same period of 2016, indicating a growth of 25%[30] Cash Flow - Cash flow from operating activities dropped significantly by 81.71% to CNY 180,833,338.28 year-to-date[6] - Net cash flow from operating activities decreased by 81.71% to ¥180,833,338.28, primarily due to rising raw material prices and increased inventory[12] - Cash inflow from operating activities for the first nine months reached ¥10,668,537,763.97, a significant increase of 34.5% compared to ¥7,935,692,190.51 in the previous year[34] - Total cash outflow from operating activities was ¥10,487,704,425.69, an increase of 50.0% compared to ¥6,947,003,517.12 last year[35] - Net cash flow from financing activities increased by 209.66% to ¥883,116,465.34, driven by expanded borrowing[12] - Cash inflow from financing activities totaled ¥7,978,280,492.68, up 61.5% from ¥4,934,734,195.72 in the same period last year[35] Assets and Liabilities - Total assets increased by 11.97% to CNY 14,453,098,668.07 compared to the end of the previous year[6] - Current liabilities totaled ¥7,812,291,970.76, an increase from ¥6,850,177,855.84 at the start of the year[19] - Total assets as of September 30, 2017, reached ¥14,453,098,668.07, up from ¥12,907,745,951.01 at the beginning of the year[19] - Total liabilities as of September 30, 2017, were ¥4,402,259,078.32, up from ¥3,993,742,673.64 at the beginning of the year[23] Investments and Financing - Significant increase in other current assets by 672.33% due to increased investment in financial products[11] - Construction in progress rose by 64.10% to CNY 887,955,382.20 due to increased project investments[11] - Short-term borrowings increased by 36.36% to CNY 4,121,399,884.58, reflecting expanded borrowing scale[11] - Long-term borrowings surged by 83.48% to CNY 1,272,722,467.67, indicating a significant increase in financing[11] - The company received approval for a non-public offering of A-shares on September 11, 2017, indicating progress in capital raising efforts[15] Operating Costs and Expenses - Operating costs increased to ¥8,687,252,753.54, a rise of 34.48% due to higher material prices and increased sales volume[12] - Financial expenses rose by 130.02% to ¥228,590,709.58, attributed to increased borrowing and foreign exchange losses from RMB appreciation[12] - Total operating costs for Q3 2017 were ¥3,560,111,030, representing a 28.0% increase from ¥2,780,838,089 in Q3 2016[27] - Year-to-date total operating costs for 2017 amounted to ¥10,058,144,173, an increase of 30.9% compared to ¥7,684,126,027 in the same period last year[27] Shareholder Information - The number of shareholders reached 67,560 by the end of the reporting period[8] - Basic earnings per share for Q3 2017 was CNY 0.07, compared to CNY 0.04 in Q3 2016, reflecting a 75% increase[29] - The total comprehensive income for Q3 2017 was CNY 155,147,613.01, compared to CNY 88,452,021.69 in Q3 2016, marking a rise of 75.4%[29]