Lianming(SH:603006)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders was ¥80,062,117.71, representing a decrease of 14.59% year-on-year[6] - Operating revenue for the period was ¥686,352,268.34, showing a slight increase of 0.98% compared to the same period last year[6] - Basic earnings per share were ¥0.42, reflecting a decrease of 16.00% compared to the same period last year[7] - Total operating revenue for the first three quarters of 2017 was CNY 686,352,268.34, an increase of 1.0% compared to CNY 679,710,447.81 in the same period last year[31] - Net profit for the first three quarters was CNY 102,877,353.11, down 17.1% from CNY 124,073,766.56 in the previous year[31] - Total revenue for Q3 2017 was ¥74,139,411.12, a decrease of 28.8% compared to ¥104,098,088.39 in Q3 2016[32] - Net profit for Q3 2017 was ¥1,368,838.21, up from ¥925,870.51 in Q3 2016, representing a growth of 47.9%[34] - Operating profit for the first nine months of 2017 was ¥70,576,169.44, slightly down from ¥72,727,207.16 in the same period last year[33] Cash Flow - The net cash flow from operating activities was ¥14,336,601.96, a significant decline of 90.39% year-on-year[6] - Net cash flow from operating activities dropped by 90.39% to ¥14,336,601.96 due to increased material payments and decreased customer payments[16] - Net cash flow from investing activities was ¥13,498,123.86, a significant recovery from a negative ¥65,732,316.81 in the previous year[16] - Operating cash inflow for the first nine months of 2017 was CNY 619,589,316.67, a decrease of 10.2% from CNY 690,375,559.67 in the same period last year[36] - Net cash flow from operating activities was CNY 14,336,601.96, down 90.4% compared to CNY 149,185,954.89 in the previous year[36] - Cash inflow from investment activities totaled CNY 342,675,179.07, significantly up from CNY 109,894,055.98 year-on-year[37] - Cash and cash equivalents at the end of the period were CNY 96,847,819.10, compared to CNY 128,194,716.17 at the end of the same period last year[37] - Net cash flow from financing activities was negative CNY 26,432,733.06, worsening from negative CNY 9,036,793.75 in the previous year[37] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,121,778,094.57, a 0.49% increase compared to the previous year-end[6] - Current liabilities decreased to ¥224,056,728.12 from ¥275,209,554.51, indicating improved liquidity management[23] - Total liabilities decreased to CNY 160,818,725.59 from CNY 210,214,930.62, a reduction of 23.5%[28] - The company's cash and cash equivalents were CNY 55,403,314.12, down from CNY 59,908,590.19 at the beginning of the year, indicating a decrease of 9.2%[26] - Total equity attributable to shareholders increased to CNY 727,014,986.93 from CNY 680,215,922.09, reflecting a growth of 6.9%[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,889[12] - The largest shareholder, Shanghai Lianming Investment Group Co., Ltd., held 59.42% of the shares, with 47,150,000 shares pledged[12] Inventory and Receivables - Inventory increased to ¥199,347,735.31 from ¥180,647,792.60, reflecting a growing stock level[22] - Other receivables rose by 97.05% to ¥1,365,913.91 primarily from forklift deposits and employee transactions[15] - Accounts receivable increased to CNY 87,173,436.67 from CNY 73,034,675.73, representing a growth of 19.4%[26] Other Financial Metrics - The weighted average return on equity decreased to 9.30%, down by 3.02 percentage points from the previous year[7] - Total operating costs for the same period were CNY 586,902,364.30, up from CNY 557,040,859.10, reflecting a year-on-year increase of 5.4%[31] - The company reported investment income of ¥214,890.41 for Q3 2017, down from ¥729,462.78 in Q3 2016[33] - The tax expense for Q3 2017 was ¥456,279.41, compared to ¥247,044.97 in Q3 2016, reflecting an increase of 84.7%[34]