TC(SH:603421)2017-10-24 16:00Financial Performance - Operating revenue for the first nine months reached CNY 899,047,617.42, a year-on-year increase of 1.61%[5] - Net profit attributable to shareholders was CNY 231,797,784.11, reflecting a growth of 14.18% year-on-year[5] - Total operating revenue for Q3 2023 reached ¥381,430,147.85, a 2.14% increase from ¥372,632,159.69 in Q3 2022[26] - Net profit for Q3 2023 was ¥114,687,152.36, a decrease of 9.5% compared to ¥126,141,701.97 in Q3 2022[27] - The company reported a total profit of ¥124,580,427.56 for Q3 2023, down 17.7% from ¥151,332,251.01 in Q3 2022[27] - Basic earnings per share for Q3 2023 were ¥0.26, compared to ¥0.32 in Q3 2022[28] - Total comprehensive income for Q3 2017 was approximately 97.7 million RMB, compared to 149.4 million RMB in the same period last year[31] Cash Flow - The net cash flow from operating activities showed a significant decline of 308.32%, amounting to -CNY 125,106,985.52[5] - The cash flow from investment activities decreased by 759.51% to ¥147,555,394.57, primarily due to the purchase of minority shareholder equity[11] - Cash inflow from investment activities for the first nine months of 2017 was approximately 1.58 billion RMB, significantly higher than 92 million RMB in the same period last year[32] - Cash outflow for investment activities totaled approximately 1.43 billion RMB, compared to 114.5 million RMB in the previous year[33] - Cash inflow from financing activities totaled $149.89 million, down from $567.47 million in the previous year[36] - Cash outflow from operating activities totaled $1.23 billion, compared to $762 million in the previous year[36] Assets and Liabilities - Total assets increased by 4.75% to CNY 2,434,627,593.06 compared to the end of the previous year[5] - Total liabilities increased significantly, with other payables rising to ¥168,460,702.96, a 766.62% increase compared to the beginning of the period, primarily due to increased employee stock compensation payables[11] - Current liabilities rose to ¥376,959,657.94 from ¥309,060,919.16, reflecting an increase of approximately 21.93%[24] - Owner's equity increased to ¥2,346,868,921.98 from ¥2,183,321,792.79, showing a growth of around 7.49%[24] - Total cash outflow from investing activities was $1.20 billion, an increase from $158.98 million year-over-year[36] Expenses - Management expenses rose by 54.79% year-on-year to ¥187,485,540.72, driven by increased R&D investments and stock incentive expense amortization[11] - Total operating costs increased to ¥280,559,141.49 in Q3 2023, up 14.3% from ¥245,372,685.17 in Q3 2022[26] - Sales expenses for the first nine months of 2023 were ¥198,788,209.56, a decrease from ¥213,145,544.13 in the same period of 2022[26] Investments - Long-term equity investments rose to ¥504,935,432.18 from ¥392,720,000.00, indicating an increase of about 28.54%[23] - Investment income for the first nine months of 2023 was ¥8,367,708.91, compared to ¥444,227.97 in the same period of 2022[26] Shareholder Information - The number of shareholders reached 21,702, with the top ten shareholders holding a combined 93.56% of shares[7] - The company plans to issue convertible bonds with a total amount not exceeding ¥600 million, pending regulatory approval[13] Inventory and Prepayments - Inventory levels surged by 123.09% to CNY 444,551,713.41, attributed to increased sales orders[10] - The company reported a significant increase in prepayments by 151.36% to CNY 154,490,044.97, mainly due to construction prepayments[10]