Bohai Ferry (SH:603167)2017-10-25 16:00Financial Performance - Operating revenue for the first nine months increased by 29.74% to CNY 1,144,456,116.91 compared to the same period last year[6] - Net profit attributable to shareholders increased by 99.82% to CNY 267,300,947.03 compared to the same period last year[7] - Basic and diluted earnings per share increased by 57.45% to CNY 0.74[7] - Total operating revenue for Q3 2017 reached ¥441,763,967.91, an increase from ¥349,768,685.04 in the same period last year, representing a growth of approximately 26.2%[30] - Net profit for the first nine months of 2017 was ¥1,144,456,116.91, compared to ¥882,084,892.89 for the same period last year, reflecting a year-on-year increase of approximately 29.7%[30] - The total profit for Q3 2017 reached CNY 166,145,913.88, compared to CNY 70,268,713.15 in Q3 2016, marking an increase of 136.3%[31] - The company achieved a net profit of CNY 127,896,450.00 in Q3 2017, compared to CNY 49,265,578.05 in Q3 2016, representing a growth of 159.5%[32] Assets and Liabilities - Total assets increased by 6.94% to CNY 4,085,638,042.95 compared to the end of the previous year[6] - Net assets attributable to shareholders increased by 8.10% to CNY 3,234,785,547.35 compared to the end of the previous year[6] - Total liabilities decreased to ¥767,478,854.23 from ¥767,637,858.72, showing a slight reduction of approximately 0.02%[24] - Current assets totaled ¥410,122,786.41, an increase from ¥375,727,308.56 at the beginning of the year, representing a growth of about 9.2%[27] - Long-term investments increased significantly to ¥576,310,571.91 from ¥161,117,810.51, indicating a growth of approximately 257.5%[27] Cash Flow - Net cash flow from operating activities increased by 15.94% to CNY 434,878,521.01 for the first nine months[6] - Cash flow from operating activities for the first nine months was ¥434,878,521.01, up from ¥375,088,666.80, indicating a growth of about 15.5% year-over-year[38] - The net cash flow from investing activities was -¥271,873,159.41, worsening from -¥123,596,985.10 in the same period last year, indicating increased investment outflows[39] - Cash flow from financing activities showed a net outflow of -¥67,859,246.23, compared to -¥115,354,049.39 in the previous year, improving by about 41%[39] Shareholder Information - The total number of shareholders reached 33,739 by the end of the reporting period[11] - The largest shareholder, Liaoyu Group Co., Ltd., holds 37.05% of the shares[12] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 115,575,699.89 during the reporting period[9] - Other income reached ¥114,250,700.00, reflecting the inclusion of government subsidies related to daily operations[16] Financial Expenses and Tax - Financial expenses decreased significantly by 147.42% to -¥14,086,918.46, due to exchange gains from USD loans and reduced interest expenses[16] - The company reported a 46.06% increase in income tax expenses to ¥122,860,575.17, correlating with a rise in total profit compared to the previous year[16] Forecast and Future Outlook - The company forecasts a cumulative net profit increase of 50%-80% year-on-year, driven by revenue growth[17]