STS(SH:603322)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months rose by 29.45% to CNY 645,466,888.99 year-on-year[6] - Net profit attributable to shareholders decreased by 42.38% to CNY 9,342,387.31 compared to the same period last year[6] - The company reported a significant decrease in basic earnings per share by 40.00% to CNY 0.12[6] - The net profit attributable to shareholders of the parent company decreased by 42.38% to ¥9,342,387.31 from ¥16,213,214.09, primarily due to a decline in contract prices and insufficient maintenance service volume[13] - Net profit for Q3 2017 was ¥12,450,031.67, compared to ¥6,719,309.35 in Q3 2016, representing an increase of 85.5%[26] - The total comprehensive income for the first nine months of 2017 was approximately ¥7.47 million, compared to ¥5.77 million in the same period last year[28] Assets and Liabilities - Total assets increased by 11.39% to CNY 1,172,235,522.88 compared to the end of the previous year[6] - Total liabilities increased to ¥693,719,307.03 from ¥573,624,948.93, indicating a rise in the company's debt levels[19] - Total assets as of Q3 2017 amounted to ¥1,157,088,597.97, an increase from ¥964,854,324.25 in the previous year[22] - Total liabilities for Q3 2017 were ¥738,822,990.60, compared to ¥544,459,385.01 in Q3 2016, reflecting a 35.7% increase[22] Cash Flow - Cash flow from operating activities improved, with a net cash flow of CNY -143,863,774.96, an increase from CNY -162,430,798.89 in the previous year[6] - Cash received from operating activities for the first nine months was CNY 138,473,345.59, up from CNY 64,899,865.01 in the previous year[33] - Operating cash inflow for Q3 2017 was CNY 500,192,566.39, up from CNY 355,374,016.68 in the same period last year, representing an increase of approximately 40.7%[34] - Net cash flow from operating activities was -CNY 50,719,337.16, an improvement compared to -CNY 145,716,346.73 in Q3 2016[34] Shareholder Information - The number of shareholders reached 17,869, with the top ten shareholders holding a combined 70.67% of shares[8] Operating Costs and Revenue - Operating costs increased by 42.29% to ¥553,629,112.47 from ¥389,096,619.28, attributed to business growth during the reporting period[13] - Total operating revenue for Q3 2017 reached ¥252,598,497.88, a 44.5% increase from ¥174,778,381.68 in Q3 2016[24] - The company's operating costs for Q3 2017 were approximately ¥188.49 million, which is a 68.7% increase from ¥111.83 million in Q3 2016[27] Investments and Future Plans - Long-term borrowings of CNY 30,000,000.00 were newly added from a two-year loan with a bank[12] - The company plans to continue expanding its business in regions such as Guangdong, Hainan, Jiangsu, Heilongjiang, and Yunnan, which contributed to revenue growth[13] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23]