GS(SH:601500)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months rose by 14.70% to CNY 2,745,709,885.26 year-on-year[6] - Net profit attributable to shareholders decreased by 18.82% to CNY 107,483,992.17 compared to the same period last year[6] - Basic earnings per share dropped by 37.50% to CNY 0.15 compared to the previous year[7] - The weighted average return on equity decreased by 3.85% to 4.20%[7] - Net profit for the first nine months of 2017 was ¥115,130,902.06, compared to ¥143,545,583.19 for the same period in 2016, reflecting a decrease of 19.8%[22] - Net profit attributable to shareholders for Q3 2017 was ¥43,100,584.10, compared to ¥49,011,983.86 in Q3 2016, reflecting a decrease of about 18.9%[23] - Total profit for Q3 2017 was ¥50,252,122.89, down from ¥61,415,160.44 in Q3 2016, indicating a decline of approximately 18.1%[23] - The total profit for the first nine months of 2017 was ¥124,763,992.76, compared to ¥157,984,802.66 in the same period last year, reflecting a decline of about 21%[23] Assets and Liabilities - Total assets increased by 4.86% to CNY 3,897,109,760.27 compared to the end of the previous year[6] - Total assets as of September 30, 2017, amounted to ¥3,928,804,439.26, an increase from ¥3,569,875,640.78 at the beginning of the year[20] - Current assets increased to ¥2,077,432,904.41 from ¥1,707,358,637.92 at the start of the year, representing a growth of 21.6%[19] - Total liabilities increased to ¥1,376,738,777.41, compared to ¥1,045,038,008.97 at the beginning of the year, marking a rise of 31.6%[20] - Cash and cash equivalents increased by 42.93% to ¥764,838,308.20 due to higher cash flow from operating activities[12] - The company's cash and cash equivalents reached ¥762,825,700.40, significantly up from ¥372,369,290.73 at the start of the year, indicating a growth of 104.5%[18] Cash Flow - Cash flow from operating activities increased by 14.47% to CNY 281,709,837.68 for the first nine months[6] - Net cash flow from operating activities increased by 14.47% to ¥281,709,837.68 driven by higher sales revenue[13] - Cash inflow from sales of goods and services for the first nine months of 2017 reached CNY 2,807,382,609.22, compared to CNY 2,498,305,462.99 in the same period last year, representing an increase of about 12.3%[30] - The total cash inflow from operating activities for the first nine months was CNY 3,021,326,633.15, an increase from CNY 2,620,712,038.45 in the previous year, reflecting a growth of approximately 15.3%[34] - The net cash flow from investing activities was negative CNY 35,970,991.32 for the first nine months of 2017, an improvement from negative CNY 43,867,847.55 in the previous year[32] - The net cash flow from financing activities was negative CNY 52,781,362.19, compared to a positive CNY 516,663,000.35 in the same period last year, indicating a significant decrease in financing inflows[32] Shareholder Information - The total number of shareholders reached 71,583 by the end of the reporting period[10] - The largest shareholder, Hongdou Group Co., Ltd., holds 532,000,000 shares, accounting for 73.19% of the total[10] Other Financial Metrics - The company received government subsidies amounting to CNY 9,020,995.00 for the first nine months[8] - The company reported a net loss from the disposal of non-current assets amounting to CNY 1,659,897.1 for the first nine months[8] - Financial expenses decreased by 92% to ¥1,599,976.00 due to reduced financing scale compared to the same period last year[13] - Asset impairment losses rose by 649% to ¥2,300,585.19 primarily due to increased provisions for bad debts and inventory write-downs[13] - The company reported a significant increase of 98.47% in advance receipts to ¥41,586,855.47, reflecting higher sales[12] - Other receivables decreased by 70.23% to ¥685,382.00 mainly due to a reduction in futures margin[12] - The company recorded a 1263% increase in non-operating expenses to ¥1,860,159.04 primarily due to losses from fixed asset disposals[13]