SPM(SH:601900)2017-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 3,871,919,924.68, a slight increase of 0.93% year-on-year[8] - Net profit attributable to shareholders increased by 28.56% to CNY 445,894,087.77 compared to the same period last year[8] - Basic and diluted earnings per share rose by 20.45% to CNY 0.53[8] - Total revenue for Q3 2017 reached ¥1,730,938,132.83, an increase from ¥1,673,505,300.63 in Q3 2016, representing a growth of approximately 3.4%[29] - Net profit attributable to shareholders for Q3 2017 was approximately ¥225.97 million, compared to ¥157.90 million in Q3 2016, reflecting a year-over-year increase of 43.1%[31] - Total operating revenue for the first nine months of 2017 reached approximately ¥1.09 billion, up from ¥976.14 million in the same period last year, representing a growth of 11.5%[33] Assets and Liabilities - Total assets increased by 8.03% to CNY 9,300,280,611.77 compared to the end of the previous year[7] - The company's total liabilities rose to CNY 4,537,272,877.38 from CNY 4,197,341,363.97, indicating an increase in financial obligations[21] - Total current assets amounted to CNY 5,154,747,140.40, up from CNY 4,541,822,851.66 at the beginning of the year[19] - The company's fixed assets increased by 5.57% to RMB 596.52 million, influenced by the transfer of some construction projects to fixed assets and depreciation[14] - Total assets as of September 30, 2017, amounted to ¥6,649,023,605.25, up from ¥5,162,096,616.49 at the beginning of the year, marking an increase of about 28.7%[25] - Total liabilities as of September 30, 2017, were ¥2,666,574,111.54, compared to ¥2,477,347,776.43 at the start of the year, reflecting an increase of about 7.6%[25] Cash Flow - Net cash flow from operating activities decreased by 4.19% to CNY 401,036,418.64 compared to the same period last year[7] - Operating cash inflow for the first nine months of 2017 was CNY 3,677,413,654.10, a slight decrease of 0.83% compared to CNY 3,708,204,059.75 in the same period last year[36] - Cash and cash equivalents at the end of the period were CNY 723,332,611.54, down from CNY 2,154,911,239.02 at the end of the same period last year[37] - The company reported a net cash outflow from financing activities of -CNY 86,743,665.47, compared to a net inflow of CNY 884,917,982.49 in the previous year[37] - Investment cash inflow totaled CNY 4,987,528,318.11, an increase of 11.8% from CNY 4,459,962,570.08 in the previous year[37] Shareholder Information - The total number of shareholders reached 42,905 by the end of the reporting period[11] - The company issued 76,776,566 new shares in a private placement, increasing its total share count to 895,876,566[15] - The company’s minority interest decreased by 94.33%, reflecting an increase in ownership from 54.77% to 99.97% after acquiring minority stakes in subsidiaries[14] Inventory and Receivables - Accounts receivable increased by 40.73% to RMB 1,164.50 million, attributed to the recognition of income from autumn textbooks and publishing fees, with some payments still outstanding[13] - Inventory rose by 14.23% to RMB 1,071.45 million, reflecting normal stocking for seasonal sales[13] - The company's inventory increased to CNY 1,071,452,045.84 from CNY 938,006,618.68, indicating a rise in stock levels[19] - Accounts receivable increased to ¥381,231,183.21 from ¥235,051,124.59 at the beginning of the year, representing a growth of about 62.2%[24] Other Financial Metrics - The weighted average return on equity increased by 0.54 percentage points to 11.30%[8] - Non-operating income for the first nine months amounted to CNY 76,060,889.13, with significant contributions from government subsidies[10] - The gross profit margin for the main business improved due to a decrease in costs associated with the material trade segment, which saw a revenue decline[14] - The company reported a significant increase in other current assets by 66.14% to RMB 1,866.94 million, primarily due to an increase in the scale of financial products[13] - The company incurred operating expenses of approximately ¥912.20 million for the first nine months of 2017, compared to ¥831.42 million in the same period last year, reflecting an increase of 9.7%[33]