2017-10-24 16:00Financial Performance - Operating revenue for the first nine months reached CNY 169,771,067.73, a growth of 44.38% year-on-year[6] - Net profit attributable to shareholders surged by 189.64% to CNY 34,659,759.04 for the first nine months[6] - Basic and diluted earnings per share improved by 175.00% to CNY 0.55[6] - Total operating revenue for Q3 2017 reached ¥74,755,962.29, an increase of 53.4% compared to ¥48,761,011.74 in Q3 2016[27] - Net profit for the first nine months of 2017 was ¥169,771,067.73, a 44.4% increase from ¥117,583,688.86 in the same period last year[27] - The net profit for Q3 2017 reached CNY 7,733,565.26, representing a growth of 200.5% from CNY 2,574,279.05 in Q3 2016[32] - The total profit for the first nine months of 2017 was CNY 11,095,409.34, up 65.5% from CNY 6,697,149.52 in the same period last year[32] - The total comprehensive income attributable to the parent company for Q3 2017 was CNY 22,163,885.35, reflecting a substantial increase from CNY 5,166,547.17 in Q3 2016[29] Assets and Liabilities - Total assets increased by 50.15% year-on-year to CNY 896,473,066.48[6] - The company’s total assets reached ¥896,473,066.48, up from ¥597,062,330.28 at the beginning of the period[19] - Total current liabilities as of September 30, 2017, amounted to ¥308,324,135.77, compared to ¥252,215,906.22 at the beginning of the year, reflecting a 22.3% increase[22] - The company’s total liabilities as of September 30, 2017, were ¥380,307,384.35, compared to ¥336,877,346.36 at the beginning of the year, showing an increase of 12.9%[21] Shareholder Information - The total number of shareholders reached 14,568 by the end of the reporting period[9] - The top shareholder, Feng Yuxia, holds 28.56% of the shares, totaling 23,359,500 shares[9] - The total equity attributable to shareholders reached ¥515,813,505.66, compared to ¥259,832,442.25 at the beginning of the year, marking a 98.7% increase[21] Cash Flow - Cash flow from operating activities for the first nine months was CNY 68,862,535.31, up 44.01% year-on-year[6] - Net cash flow from operating activities for the first nine months was ¥68,862,535.31, up from ¥47,817,078.12 year-over-year, representing a growth of approximately 43.9%[36] - Cash inflow from operating activities totaled ¥246,738,591.20, compared to ¥190,158,672.35 in the same period last year, indicating a year-over-year increase of about 29.7%[36] - Cash outflow from operating activities was ¥177,876,055.89, an increase from ¥142,341,594.23, reflecting a rise of approximately 25%[36] - Net cash flow from financing activities was ¥223,768,823.06, compared to a negative cash flow of ¥375,930.16 in the previous year, showing a substantial turnaround[37] Inventory and Receivables - Inventory increased by 57.93% to ¥101,667,023.91, primarily due to unfinished service projects[13] - Accounts receivable notes rose by 83.89% to ¥3,493,130.81, primarily from increased service revenue collections[12] - Other receivables rose by 53.07% to ¥924,811.64, mainly due to an increase in petty cash[12] Financial Expenses and Income - The company reported a significant increase in financial expenses by 41.03% to -¥413,109.81, mainly due to higher deposit interest[14] - The company reported non-recurring gains of CNY 2,427,072.54 for the current period[10] - The company reported other income of CNY 549,891.77 in Q3 2017, contributing to the overall profitability[32] Future Outlook - The company has plans for market expansion and new product development, as indicated by the increase in operating revenue and net profit[32]