CASHWAY(SH:603106)2017-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,099,309,269.37, a 28.88% increase year-on-year[6] - Net profit attributable to shareholders was CNY 123,419,990.86, reflecting a 3.27% increase compared to the same period last year[6] - Year-to-date operating revenue for the first nine months of 2017 was ¥1,099,309,269.37, up 29% from ¥852,946,036.97 in the same period last year[22] - Year-to-date net profit for the first nine months of 2017 was ¥123,419,990.86, an increase of 3.8% from ¥119,511,181.83 in the same period last year[24] - Net profit for Q3 2017 was ¥34,001,346.34, a decrease of 11.6% compared to ¥38,397,613.68 in Q3 2016[24] Assets and Liabilities - Total assets increased by 14.58% to CNY 2,123,094,155.94 compared to the end of the previous year[6] - Total liabilities as of the end of Q3 2017 amounted to ¥565,889,411.25, a decrease from ¥1,120,311,522.11 in the previous year[20] - Current liabilities decreased significantly by 63.06% to ¥365,914,894.97 from ¥990,468,998.89, reflecting improved liquidity management[19] - Cash and cash equivalents increased by 32.52% to ¥584,278,643.43 from ¥440,882,701.92, primarily due to funds received from the public offering of shares[14] - Cash and cash equivalents at the end of Q3 2017 were ¥525,155,221.19, significantly up from ¥18,200,682.18 at the end of Q3 2016[27] Shareholder Information - The total number of shareholders reached 67,660 by the end of the reporting period[12] - The largest shareholder, 恒融投资集团有限公司, holds 46.43% of the shares, totaling 130,000,000 shares[12] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash flow of CNY -85,555,301.21, compared to CNY -138,848,983.17 in the previous year[6] - The company reported a net cash outflow from operating activities of ¥85,555,301.21 for the first nine months of 2017, an improvement from a net outflow of ¥138,848,983.17 in the same period last year[26] - Cash flow from operating activities improved by ¥53,293,681.96, reflecting increased cash receipts from sales[15] Equity and Earnings - Net assets attributable to shareholders increased by 112.55% to CNY 1,557,204,744.69 compared to the end of the previous year[6] - Total equity increased to ¥1,557,204,744.69 from ¥732,646,085.33 year-over-year[20] - Basic and diluted earnings per share increased by 3.27% to CNY 0.5877[7] - Basic earnings per share for Q3 2017 were ¥0.1619, down from ¥0.1828 in Q3 2016[24] Operational Costs and Expenses - Operating costs increased by 41.83% to ¥726,049,806.14 from ¥511,910,917.55, driven by revenue growth[15] - Financial expenses decreased by 55.87% to ¥5,374,936.15 from ¥12,178,985.64, mainly due to reduced loan interest expenses[15] Government Subsidies - The company received government subsidies amounting to CNY 5,610,666.79, closely related to its normal business operations[8] Accounts Receivable and Payable - Accounts receivable rose by 30.20% to ¥576,088,162.49 from ¥442,453,907.94, mainly due to outstanding payments[14] - Accounts payable declined by 36.09% to ¥124,620,117.32 from ¥194,981,847.49, mainly due to payments made on outstanding accounts[14] Borrowings - Short-term borrowings decreased by 88.75% to ¥30,647,047.21 from ¥272,500,000.00, primarily due to repayment of previous loans[14] Other Current Assets - Other current assets surged by 12,463.12% to ¥142,223,975.60 from ¥1,132,075.48, attributed to the purchase of financial products[14] Return on Net Assets - The weighted average return on net assets decreased by 2.55 percentage points to 15.54%[7]