NBOND(SH:603238)2017-10-26 16:00Financial Performance - Net profit attributable to shareholders decreased by 28.04% to CNY 27,654,072.80 for the first nine months of the year[6] - Operating income for the first nine months was CNY 375,601,753.71, a decline of 1.22% year-on-year[6] - The weighted average return on net assets decreased by 4.35 percentage points to 8.86%[7] - Basic earnings per share dropped by 37.25% to CNY 0.32[7] - The company reported a decrease in net profit attributable to shareholders by 22.47% for the first nine months compared to the same period last year[6] - The company’s net profit attributable to the parent company decreased by 22.47% to ¥35,720,045.88, primarily due to rising raw material prices affecting gross margin[13] - Operating profit for the first nine months of 2017 was CNY 36,910,892.90, compared to CNY 45,347,086.80 in the same period of 2016, a decline of about 18.6%[23] - Net profit for Q3 2017 was CNY 14,623,182.55, compared to CNY 16,741,484.74 in Q3 2016, reflecting a decrease of approximately 12.7%[24] - The total profit for Q3 2017 was CNY 16,558,398.67, down from CNY 19,958,775.77 in Q3 2016, representing a decrease of approximately 17.9%[24] - The total profit for the first three quarters of 2017 was CNY 57,983,275.94, with a net profit of CNY 51,450,964.50[28] Cash Flow - Net cash flow from operating activities decreased by 66.96% to CNY 17,149,683.20 for the first nine months[6] - The company’s operating cash flow decreased by 66.96% to ¥17,149,683.20, mainly due to increased payments for goods and services[13] - Cash flow from operating activities generated a net cash inflow of CNY 17,149,683.20, down from CNY 51,910,241.71 in the same period last year[32] - The company reported a significant increase in cash outflow for investment activities, totaling CNY 869,441,066.56, leading to a net cash outflow of CNY -421,498,914.87[33] - Net cash flow from operating activities decreased to ¥14,419,716.06, down 68.4% from ¥45,749,207.93 year-on-year[35] - Net cash flow from investment activities was -¥420,343,447.99, worsening from -¥8,398,633.86 year-on-year[35] - Cash inflow from financing activities totaled ¥560,243,293.35, compared to ¥20,500,000.00 in the same period last year[35] - Net cash flow from financing activities improved to ¥474,765,299.65, compared to -¥27,988,476.91 in the previous year[35] Assets and Liabilities - Total assets increased by 101.77% to CNY 1,004,661,071.38 compared to the end of the previous year[6] - Total current assets increased to CNY 653,003,414.65 from CNY 136,029,644.51, representing a growth of 380.4%[16] - Total liabilities rose to CNY 240,842,713.39 from CNY 112,709,649.72, an increase of 113.0%[18] - The company’s total liabilities increased significantly, with a notable rise in other payables by 250.65% to ¥3,303,267.18[12] - Short-term borrowings increased by 123.75% to ¥89,500,000.00, attributed to increased bank loans[12] - Owner's equity increased to CNY 763,818,357.99 from CNY 385,205,373.48, reflecting a growth of 98.4%[18] - The company reported a total of CNY 130,643,908.56 in other receivables, up from CNY 3,899,412.98, a significant increase of 3,248.5%[20] Investments and Acquisitions - The company completed the acquisition of 51% of Hangzhou Guoguang Tourism Products Co., Ltd. through cash capital increase and equity transfer[13] - Non-operating income for the first nine months amounted to CNY 8,065,973.08, with government subsidies contributing CNY 5,035,654.02[9] Shareholder Information - The total number of shareholders is 18,308[11] - The report has not been audited, ensuring that all financial data is presented accurately[6] Other Financial Metrics - The company has not disclosed any new product developments or market expansion strategies in the report[10] - The cash and cash equivalents increased by 421.96% to ¥160,152,688.15 compared to the previous year[12] - Other receivables surged by 2984.36% to ¥131,341,825.66 due to temporary accounting for major asset purchase investments[12] - Non-current assets totaled CNY 351,657,656.73, down from CNY 361,885,378.69, a decrease of 2.3%[17] - Total operating revenue for Q3 2017 was CNY 137,597,528.53, a slight increase from CNY 134,504,463.69 in Q3 2016, representing a growth of approximately 2.1%[23] - Total operating costs for Q3 2017 were CNY 124,448,041.79, up from CNY 120,270,651.15 in Q3 2016, indicating an increase of about 3.6%[23] - Earnings per share (EPS) for Q3 2017 was CNY 0.13, down from CNY 0.19 in Q3 2016, a decline of about 31.6%[25] - Tax expenses for Q3 2017 were CNY 1,935,216.12, down from CNY 3,217,291.03 in Q3 2016, indicating a decrease of approximately 39.9%[24] - Sales expenses for Q3 2017 were CNY 6,925,498.15, a decrease from CNY 8,403,347.09 in Q3 2016, reflecting a reduction of about 17.5%[23] - Management expenses for Q3 2017 increased to CNY 10,753,799.62 from CNY 8,641,353.04 in Q3 2016, an increase of approximately 24.4%[23]