SGC(SH:603269)2017-10-29 16:00Financial Performance - Operating revenue for the first nine months increased by 5.00% to CNY 356,076,115.85 compared to the same period last year[6] - Net profit attributable to shareholders increased by 4.15% to CNY 18,111,842.69 compared to the same period last year[6] - Total revenue for the first nine months of 2017 reached CNY 293,994,385.57, compared to CNY 287,074,815.34 for the same period in 2016, indicating a growth of about 2.5%[33] - Net profit for the first nine months of 2017 was CNY 22,508,664.77, compared to CNY 21,241,678.36 in the previous year, reflecting a growth of 5.9%[31] - The total comprehensive income attributable to the parent company for the first nine months of 2017 was CNY 18,520,479.55, compared to CNY 18,749,439.90 in the same period of 2016, a decrease of approximately 1.2%[33] Assets and Liabilities - Total assets increased by 18.46% to CNY 1,241,149,225.75 compared to the end of the previous year[6] - The company’s total liabilities increased, with accounts payable rising by 31.68% to RMB 61,417,700.00, indicating higher operational activities[13] - The company has a total current liability of RMB 606,651,269.57, compared to RMB 586,427,032.13 at the beginning of the year[22] - The company reported a total asset of RMB 1,241,149,225.75 as of September 30, 2017, an increase from RMB 1,047,780,160.45 at the beginning of the year[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,339[10] - The top ten shareholders held a total of 66.73% of the shares, with the largest shareholder holding 19.16%[10] - Net assets attributable to shareholders increased by 40.73% to CNY 601,346,773.77 compared to the end of the previous year[6] Cash Flow - Net cash flow from operating activities decreased by 3.51% to CNY 2,669,136.80 compared to the same period last year[6] - Operating cash inflow for the period (January to September) was CNY 372,164,175.81, an increase of 10.96% compared to CNY 335,365,257.39 in the same period last year[37] - Total cash inflow from financing activities reached CNY 322,929,040.56, up from CNY 187,720,194.17 in the previous year, indicating a significant increase of 72.00%[38] - Cash and cash equivalents increased significantly to CNY 222,384,401.06 from CNY 92,315,771.56 at the beginning of the year, marking a growth of 141.0%[25] Inventory and Receivables - Accounts receivable decreased by 34.41% to RMB 32,465,732.37, attributed to higher payments made during the period[13] - Inventory rose by 35.71% to RMB 338,060,941.19, driven by an increase in new project commencements[13] - The company’s inventory increased to RMB 338,060,941.19 from RMB 249,110,450.56, reflecting a growth of approximately 36%[21] Earnings Per Share - Basic earnings per share decreased by 8.00% to CNY 0.23 compared to the same period last year[7] - Diluted earnings per share decreased by 8.00% to CNY 0.23 compared to the same period last year[7] - Basic earnings per share for Q3 2017 was CNY 0.04, down from CNY 0.07 in Q3 2016, reflecting a decrease of approximately 42.9%[33] Financial Management - The company plans to use up to RMB 100 million of idle raised funds for cash management, investing in safe and liquid financial products[14] - The company purchased financial products worth RMB 10 million, with expected annual returns of 4.35%[14] - The company reported a significant decrease in non-operating income by 98.28% to RMB 66,023.92, due to changes in accounting standards[13] Profitability - The company's net profit for Q3 2017 was CNY 3,736,137.76, a decrease from CNY 4,122,299.48 in Q3 2016, representing a decline of approximately 9.4%[32] - The total profit for Q3 2017 was CNY 4,711,721.88, down from CNY 35,696,667.95 in Q3 2016, representing a decline of approximately 86.8%[34] - The company reported a net profit margin of approximately 4.1% for Q3 2017, compared to 5.0% in Q3 2016, indicating a decrease in profitability[32]