Sunway(SH:603333)2017-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 661,377,061.34, a significant increase of 72.97% year-on-year[6] - Net profit attributable to shareholders was CNY 22,535,518.18, recovering from a loss of CNY 30,548,062.87 in the same period last year[6] - Basic and diluted earnings per share were CNY 0.043, compared to a loss of CNY 0.059 per share in the previous year[7] - The company expects to achieve a turnaround in cumulative net profit for the year compared to the previous year, reflecting a positive trend in operational performance[15] - Total operating revenue for Q3 2017 reached ¥234,612,232.67, a significant increase of 96.5% compared to ¥119,363,579.71 in Q3 2016[26] - Net profit for Q3 2017 was ¥12,130,203.68, compared to a net loss of ¥12,677,029.71 in Q3 2016, marking a turnaround[27] - The total profit for the first nine months of 2017 was ¥15,027,774.05, compared to a loss of ¥21,008,357.04 in the same period last year[30] Assets and Liabilities - Total assets increased by 8.04% to CNY 1,803,889,015.55 compared to the end of the previous year[6] - The company's current assets totaled CNY 1,079,927,102.01, up from CNY 914,380,011.23 at the start of the year, indicating a rise of about 18.09%[18] - The total liabilities of the company were CNY 377,860,776.34, up from CNY 266,793,327.66, which is an increase of approximately 41.66%[20] - Total liabilities increased to ¥337,720,216.15 in Q3 2017 from ¥234,084,750.07 in the previous year, reflecting a growth of 44.4%[24] - The total equity attributable to shareholders increased to CNY 1,426,028,239.21 from CNY 1,402,909,302.78, reflecting a growth of approximately 1.63%[20] Cash Flow - The company reported a net cash flow from operating activities of -146,193,230.52 CNY for the first nine months, compared to -29,950,720.85 CNY in the previous year[6] - Cash and cash equivalents decreased by 56.04% to ¥81,165,503.70 from ¥184,620,213.10, primarily due to cash outflows for purchasing raw materials[13] - Cash flow from operating activities for the first nine months of 2017 was negative at -¥146,193,230.52, worsening from -¥29,950,720.85 in the previous year[33] - Cash inflow from investment activities totaled ¥341,497,406.52, while cash outflow was ¥344,918,231.85, resulting in a net cash flow of -¥3,420,825.33[33] - The company received ¥208,000,000.00 in cash from borrowings in Q3 2017, up from ¥116,000,000.00 in Q3 2016[33] Shareholder Information - The number of shareholders reached 30,142 by the end of the reporting period[10] - The largest shareholder, Li Guangyuan, holds 52.98% of the shares, with 196,000,000 shares pledged[10] Operational Costs - The company's sales expenses increased by 33.79% to ¥39,815,670.20, driven by higher transportation and travel costs associated with expanded sales activities[14] - Total operating costs for Q3 2017 were ¥222,594,517.22, up 64.5% from ¥135,316,916.77 in the same period last year[26] - The company reported a significant decrease in management expenses, which fell to ¥24,628,178.98 from ¥35,122,619.07 year-on-year[29] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[26]