Apex(SH:603383)2017-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 130,420,071.30, a 35.63% increase from the same period last year[6] - Net profit attributable to shareholders surged by 159.85% to CNY 37,644,702.63 compared to the previous year[6] - Basic earnings per share increased by 126.37% to CNY 0.5193[7] - The company reported a 117.57% increase in net profit after deducting non-recurring gains and losses, totaling CNY 30,621,102.06[6] - The company's operating revenue for Q3 2017 was CNY 30,953,463.53, a significant increase of 128.5% compared to CNY 13,518,814.25 in Q3 2016[30] - The net profit for Q3 2017 reached CNY 10,782,858.43, compared to a net loss of CNY 5,609,780.20 in the same period last year, marking a turnaround[28] - The total profit for the first nine months of 2017 was CNY 110,279,583.42, up from CNY 20,093,029.24 in the same period of 2016, indicating a growth of 449.5%[30] - The basic earnings per share for Q3 2017 was CNY 0.5193, compared to CNY 0.2294 in Q3 2016, reflecting a 126.5% increase[28] Assets and Liabilities - Total assets increased by 68.85% to CNY 1,066,055,315.80 compared to the end of the previous year[6] - The total liabilities increased by 54.77%, indicating a rise in financial obligations[14] - Current liabilities totaled ¥190,262,428.76, an increase from ¥154,960,325.87 at the beginning of the year, marking a rise of about 22.7%[20] - The total liabilities as of September 30, 2017, were ¥190,262,428.76, compared to ¥154,960,325.87 at the beginning of the year, reflecting an increase of approximately 22.7%[20] - Cash and cash equivalents decreased by 49.40% to ¥259,517,223.13 due to the purchase of financial products[13] - Cash and cash equivalents decreased to ¥205,872,216.83 from ¥465,407,383.47 at the beginning of the year, a decline of about 55.8%[22] Cash Flow - Cash flow from operating activities improved significantly, with a net cash flow of CNY -5,463,999.78, an improvement from CNY -13,894,618.27 in the previous year[6] - Cash inflow from operating activities for the year-to-date reached ¥171,785,748.45, up from ¥121,347,475.35 in the previous year, representing an increase of approximately 41.6%[34] - Total cash outflow from operating activities was ¥177,249,748.23, compared to ¥135,242,093.62 last year, indicating a rise of about 31.1%[34] - The net cash flow from operating activities was -¥5,463,999.78, an improvement from -¥13,894,618.27 year-over-year[34] - Cash inflow from investment activities totaled ¥241,498,292.23, significantly higher than ¥19,670.99 in the previous year[34] - Cash outflow from investment activities was ¥891,998,779.73, compared to ¥3,092,375.02 last year, marking a substantial increase[34] - The net cash flow from investment activities was -¥650,500,487.50, worsening from -¥3,072,704.03 year-over-year[34] - Cash inflow from financing activities amounted to ¥402,622,195.00, with no comparable figure from the previous year[35] - The net cash flow from financing activities was ¥402,622,195.00, compared to -¥700,000.00 last year, showing a significant turnaround[35] Shareholder Information - The total number of shareholders reached 8,493 by the end of the reporting period[11] - The top ten shareholders held a combined 84.83% of the company's shares, with the largest shareholder owning 21.01%[11] Inventory and Receivables - Accounts receivable increased by 73.93% to ¥30,922,294.38, attributed to the concentration of collections in the fourth quarter[14] - Inventory increased by 59.73% to ¥57,931,203.11 due to the execution of additional projects[14] - Other current assets amounted to ¥650,078,713.09, reflecting the purchase of principal-protected financial products[14] - Accounts receivable rose to ¥25,715,182.60 from ¥13,349,540.13, representing an increase of approximately 92.5%[22] - Inventory increased to ¥40,375,673.52 from ¥26,153,312.67, indicating a growth of about 54.4%[22] Other Income and Expenses - The company reported a significant increase in other income due to the implementation of new accounting standards related to government subsidies[14] - The total operating costs for Q3 2017 were ¥39,177,342.93, compared to ¥25,225,638.88 in Q3 2016, indicating an increase of about 55.4% year-over-year[26] - The company's total operating costs for Q3 2017 were CNY 10,337,521.18, which is a substantial increase from CNY 1,617,074.27 in Q3 2016[30] - The management expenses for Q3 2017 amounted to CNY 14,195,555.83, up from CNY 11,624,813.18 in the same quarter last year, representing a rise of 21.9%[30] - The financial expenses for Q3 2017 showed a significant improvement, with a net expense of CNY -395,265.68 compared to CNY -1,300,744.18 in Q3 2016[30] - The company reported investment income of CNY 6,182,467.47 for Q3 2017, compared to no investment income in Q3 2016[30] - The total comprehensive income for Q3 2017 was CNY 10,486,463.12, a recovery from a loss of CNY 861,538.53 in the same period last year[31] - The company has seen a significant increase in sales expenses, which totaled CNY 3,719,779.11 in Q3 2017, compared to CNY 3,277,988.96 in Q3 2016, indicating a rise of 13.5%[30]