EBEM(SH:603002)2017-10-24 16:00Financial Performance - Operating revenue for the first nine months reached CNY 817,085,068.63, a year-on-year increase of 22.97%[6] - Net profit attributable to shareholders rose by 93.11% to CNY 36,791,083.69 for the first nine months[6] - Total profit increased by 94.06% to RMB 43,517,786.58, driven by higher product gross margins[13] - Net profit for Q3 2017 was ¥19,325,251.26, compared to ¥2,309,507.13 in Q3 2016, representing a significant increase of 738.5%[26] - The company reported a total profit of ¥22,944,728.11 for Q3 2017, compared to ¥2,662,599.50 in Q3 2016, marking an increase of 764.5%[26] - The net profit for the first nine months of 2017 reached ¥39.36 million, up 117% from ¥18.12 million in the same period last year[31] Earnings and Shareholder Returns - Basic earnings per share doubled to CNY 0.06, reflecting a 100% increase[6] - Earnings per share for Q3 2017 were ¥0.03, compared to ¥0.004 in Q3 2016, indicating a substantial improvement in profitability[27] - The basic earnings per share for Q3 2017 was ¥0.03, compared to ¥0.004 in Q3 2016[31] Cash Flow - Cash flow from operating activities increased significantly by 235.76% to CNY 46,258,591.10 compared to the same period last year[6] - Net cash flow from operating activities increased by 235.76% to RMB 46,258,591.10, due to improved collection of sales proceeds[13] - The cash flow from operating activities for the first nine months of 2017 was ¥46.26 million, compared to ¥13.78 million in the same period last year, indicating a strong improvement[33] - Cash inflow from financing activities was $1.56 million, a sharp decline from $48.32 million in the same period last year[37] - Net cash flow from financing activities was -$191.18 million, compared to a positive $17.12 million in the previous year[37] Assets and Liabilities - Total assets increased by 5.75% to CNY 1,597,574,377.82 compared to the end of the previous year[6] - Total current assets increased to CNY 1,124,761,208.11 from CNY 968,995,847.72, representing a growth of approximately 16.1%[22] - Total liabilities amounted to CNY 541,940,695.72, compared to CNY 482,423,451.69, showing an increase of about 12.3%[18] - Total assets reached CNY 1,428,875,667.38, up from CNY 1,263,856,993.80, indicating an increase of around 13.1%[22] Shareholder Information - The total number of shareholders reached 33,567 by the end of the reporting period[8] - The largest shareholder, EPOXY BASE INVESTMENT HOLDING LTD., holds 41.29% of the shares[8] Government Support - The company received government subsidies totaling CNY 5,043,555.18 for the first nine months[7] Expenses and Costs - The company reported a non-recurring loss of CNY 180,916.27 for the period[9] - The company reported a decrease in management expenses to ¥38.67 million for the first nine months of 2017, compared to ¥39.70 million in the same period last year[29] - Sales expenses increased to ¥25.35 million for the first nine months of 2017, up from ¥21.31 million in the same period last year[29] Investment Activities - Investment cash flow turned negative at RMB -236,638,871.56, primarily due to increased expenditures for the construction of the Zhuhai factory[13] - The cash flow from investment activities showed a net outflow of ¥236.64 million for the first nine months of 2017, compared to a net inflow of ¥16.17 million in the same period last year[33] Market Strategy - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[24]