JINNENG(SH:603113)2017-10-26 16:00Financial Performance - Revenue for the first nine months reached CNY 4,841,322,274.65, an increase of 85.34% compared to the same period last year[6] - Net profit attributable to shareholders surged by 186.81% to CNY 598,509,758.08 year-on-year[6] - Basic and diluted earnings per share increased by 171.43% to CNY 0.95[7] - Total revenue for Q3 2017 reached ¥1,704,066,771.31, a 62.8% increase compared to ¥1,046,479,374.02 in Q3 2016[49] - Year-to-date revenue for 2017 is ¥4,841,322,274.65, up from ¥2,612,120,644.20 in the same period last year, representing an increase of 85.3%[49] - The net profit for Q3 2017 reached CNY 234,565,140.64, compared to CNY 146,866,730.52 in Q3 2016, reflecting an increase of approximately 59.7%[51] - The total profit for Q3 2017 was CNY 265,814,312.94, which is an increase from CNY 169,717,060.32 in the previous year, marking a growth of around 56.6%[51] Assets and Liabilities - Total assets increased by 58.20% to CNY 5,466,960,909.96 compared to the end of the previous year[6] - The company’s total liabilities decreased by 59.03% for non-current liabilities due within one year, down to ¥66,000,000.00 from ¥161,077,777.78, due to repayment of due borrowings[13] - Total current assets reached ¥2,870,910,248.48, up from ¥1,196,453,137.92, marking an increase of approximately 140.4%[41] - Total liabilities increased to ¥1,580,026,122.17 from ¥1,255,704,958.09, marking a rise of 25.8%[47] - Owner's equity as of September 30, 2017, was ¥3,757,481,128.93, up from ¥2,181,232,403.08, indicating an increase of 72.3%[47] Cash Flow - Operating cash flow increased by 251.57% to CNY 476,689,997.04 for the first nine months of the year[6] - Cash and cash equivalents increased significantly to ¥508,699,188.83, up 1718.80% from ¥27,968,904.68 due to fundraising completion[12] - Cash flow from operating activities for the first nine months of 2017 was CNY 476.69 million, significantly up from CNY 135.59 million in the same period last year, indicating a growth of 251%[58] - Cash inflow from financing activities amounted to ¥1,251,000,855.38, a significant rise from ¥161,557,453.09 in the previous year, marking an increase of approximately 674.5%[63] Shareholder Information - The total number of shareholders reached 31,450 by the end of the reporting period[10] - The top shareholder, Qin Qingping, holds 29.07% of the shares, totaling 196,497,200 shares[10] - Major shareholders have pledged to gradually reduce their holdings after a 36-month lock-up period, adhering to regulations and ensuring stock price stability[19] - Shareholders holding more than 5% of shares, including controlling shareholders, have committed to not reduce their holdings by more than 25% of their total shares in the previous year[26] Commitments and Compliance - The company has committed to not transferring or entrusting the management of shares held before the IPO for 12 months post-listing, with no violations reported during the reporting period[18] - The company has not reported any violations of commitments during the reporting period[21] - All commitments made by the company and its executives regarding the prospectus are still in effect and have not been violated during the reporting period[31] Investment Activities - The company plans to invest in fixed assets, resulting in a net cash outflow from investing activities of ¥1,095,200,396.81, a significant increase from the previous year[13] - The company reported a net cash outflow from investing activities of CNY 1.10 billion for the first nine months of 2017, compared to a net outflow of CNY 20.47 million in the same period last year[58] - The company established a wholly-owned subsidiary, Nanjing Jinneng Technology Investment Co., Ltd., with an investment of ¥50 million[13] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[56]