QIANHE(SH:603027)2017-10-25 16:00Financial Performance - Net profit attributable to shareholders increased by 45.05% to CNY 104,566,956.23 for the first nine months of the year[6] - Operating revenue for the first nine months reached CNY 689,758,694.52, reflecting a growth of 25.57% year-on-year[6] - Net profit rose by 45.05% to ¥104,566,956.24 from ¥72,089,056.58, supported by increased revenue scale[14] - Operating profit increased by 51.67% to ¥122,696,206.40 from ¥80,897,196.07, reflecting a larger revenue scale[14] - The company's total profit for the first nine months of 2017 was ¥119,196,670.04, up from ¥70,115,702.54 in the previous year, marking an increase of around 70%[30] - Net profit for Q3 2017 was ¥29,217,097.58, representing a 22.5% increase from ¥23,865,164.50 in Q3 2016[26] - The net profit attributable to the parent company for the first nine months of 2017 reached ¥104,290,243.04, compared to ¥59,349,727.27 in the same period last year, indicating a year-over-year increase of about 76%[30] Assets and Liabilities - Total assets increased by 15.31% to CNY 1,183,804,521.6 compared to the end of the previous year[6] - Total assets grew to ¥1,183,804,521.60 from ¥1,026,655,803.71, reflecting overall business expansion[19] - Total liabilities increased to ¥202,896,062.86 as of September 30, 2017, up from ¥111,748,835.60 at the beginning of the year[23] - The company's equity totaled ¥901,180,402.15 as of September 30, 2017, compared to ¥826,970,159.11 at the beginning of the year, indicating a growth of 8.9%[23] - Inventory as of September 30, 2017, was ¥180,338,402.77, an increase of 18.6% from ¥152,094,474.52 at the beginning of the year[22] Cash Flow - Net cash flow from operating activities surged by 95.12% to CNY 145,652,609.57 compared to the same period last year[6] - The cash inflow from sales of goods and services reached ¥784,605,486.57, an increase of 26.9% compared to ¥617,725,823.59 in the same period last year[32] - The total cash inflow from operating activities was ¥792,303,372.35, an increase of 25.6% compared to ¥630,631,627.41 in the previous year[32] - The cash outflow for purchasing goods and services was ¥398,173,261.35, compared to ¥352,322,269.99 in the same period last year, reflecting an increase of 13.0%[32] - The net cash flow from investment activities was negative at -¥254,943,937.02, worsening from -¥215,754,606.12 year-on-year[33] - The cash inflow from financing activities was ¥80,000,000.00, compared to ¥380,420,106.59 in the previous year, indicating a decrease of 78.9%[33] Shareholder Information - The total number of shareholders reached 12,844 by the end of the reporting period[11] - The largest shareholder, Wu Chaoqun, holds 44.34% of the shares, totaling 141,893,116 shares[11] Investment and Other Income - The company reported a non-operating income of CNY 2,455,841.33 for the first nine months[9] - Investment income skyrocketed by 944.68% to ¥3,710,655.65 from ¥355,194.52, due to higher returns from short-term financial products[14] - The company reported an investment income of ¥1,260,907.67 for Q3 2017, up from ¥355,429.13 in Q3 2016, showing an increase of approximately 254%[29] Operational Metrics - Basic earnings per share decreased by 37.54% to CNY 0.3268[7] - The weighted average return on equity increased by 0.1 percentage points to 11.21%[7] - Cash and cash equivalents decreased by 66.45% to ¥30,879,851.70 from ¥92,047,470.80 due to increased investment in short-term financial products[14] - Accounts receivable decreased by 54.03% to ¥250,000.00 from ¥543,831.99, reflecting a reduction in bank acceptance bills received[14] - Other current assets increased by 112.03% to ¥248,159,341.75 from ¥117,037,493.65, attributed to increased purchases of short-term financial products[14] - Construction in progress surged by 26,368.63% to ¥92,959,973.17 from ¥351,208.05, driven by the expansion of production lines for soy sauce and vinegar[14]