Sugon(SH:603019)2017-10-23 16:00Financial Performance - Operating revenue for the first nine months reached CNY 3,788,524,858.09, a 43.15% increase year-on-year[6] - Net profit attributable to shareholders was CNY 75,702,434.49, reflecting a 1.53% increase compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses surged by 106.48% to CNY 60,160,923.61[6] - The company's operating revenue for the first nine months reached RMB 3,788,524,858.09, a 43.15% increase compared to the same period last year, driven by strong market sales[14] - The net profit for the first nine months of 2017 was ¥122,301,372.80, compared to ¥80,867,326.90 in the same period last year, indicating a year-over-year increase of about 51.2%[34] - The total profit for Q3 2017 was ¥40,911,660.69, compared to a profit of ¥1,782,643.54 in Q3 2016, showing a substantial increase[34] Assets and Liabilities - Total assets increased by 46.09% to CNY 8,957,437,059.50 compared to the end of the previous year[6] - Total current assets increased to ¥6,370,310,882.88 from ¥3,928,250,415.38, representing a growth of approximately 62.2%[19] - Total non-current assets reached ¥2,587,126,176.62, up from ¥2,203,354,006.10, indicating a rise of about 17.4%[20] - Total liabilities rose to ¥5,781,291,189.82 from ¥3,053,481,746.29, indicating an increase of around 89.5%[21] - Current liabilities increased to ¥4,566,873,142.40 from ¥2,572,754,252.11, a growth of about 77.5%[20] Cash Flow - The net cash flow from operating activities for the first nine months was CNY -643,063,766.92, showing a slight improvement from CNY -650,865,937.51 in the previous year[6] - Operating cash flow for the first nine months of 2017 was CNY 3,557,938,688.64, an increase from CNY 2,402,856,952.86 in the same period last year, representing a growth of approximately 48%[41] - Cash inflow from operating activities for the first nine months of 2017 was CNY 3,506,387,696.06, significantly higher than CNY 2,341,445,650.41 in the previous year, marking an increase of approximately 50%[41] - The cash flow from operating activities for the first nine months of 2017 was negative at -¥643,063,766.92, slightly improved from -¥650,865,937.51 in the previous year[38] Shareholder Information - The total number of shareholders at the end of the reporting period was 66,635[11] - The largest shareholder, Beijing Zhongke Sanyuan Investment Management Co., Ltd., held 21.32% of the shares[11] Investments and Subsidiaries - The company signed an investment cooperation framework agreement for the "Zhongke Shuguang (Nanjing) Research Institute and Eastern Industrial Base Project" with a registered capital of RMB 1 billion[14] - The company established a wholly-owned subsidiary in Qingdao with a registered capital of RMB 1.4 billion, receiving RMB 300 million in industrial support funds from the local government[14] Borrowings - Short-term borrowings surged by 161.35% to RMB 2,657,930,311.16, reflecting increased funding needs due to business expansion[14] - The company's long-term borrowings increased by 1450.00% to RMB 310,000,000.00, primarily due to the addition of a two-year loan[14] Government Subsidies - Government subsidies recognized during the first nine months amounted to CNY 17,711,938.98[8] - The company reported a significant increase in deferred income by 221.96% to RMB 608,499,186.59, primarily due to increased government subsidies received[14] Earnings Per Share - The company reported a basic and diluted earnings per share of CNY 0.12, unchanged from the previous year[7] - Basic earnings per share for Q3 2017 were ¥0.01, unchanged from the same period last year[31]