Kouzijiao(SH:603589)2017-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 2,715,231,243.88, a growth of 16.29% year-on-year[7] - Net profit attributable to shareholders increased by 26.48% to CNY 901,005,245.64 for the first nine months[7] - Basic earnings per share increased by 26.05% to CNY 1.50[8] - Total operating revenue for Q3 2017 reached ¥969,321,417.64, an increase of 13.72% compared to ¥852,398,295.30 in Q3 2016[25] - Net profit for Q3 2017 was ¥375,145,228.60, representing a 22.00% increase from ¥307,473,814.24 in Q3 2016[26] - The company's total equity reached ¥4,045,921,087.88 in Q3 2017, up from ¥3,498,486,467.70 in Q3 2016, reflecting a growth of 15.68%[22] - The total comprehensive income for the period was ¥375,145,228.60, up from ¥307,473,814.24 in the previous year, marking a 22% increase[31] Cash Flow - Cash flow from operating activities surged by 173.31% to CNY 797,820,725.74 compared to the same period last year[7] - The net cash flow from operating activities increased by 173.31% to CNY 797,820,725.74 compared to CNY 291,909,785.59 in the previous period, primarily due to increased sales revenue and collections[14] - Cash flow from operating activities for the first nine months of 2017 was ¥2,702,844,930.18, up from ¥2,092,741,114.68 in the previous year, indicating a 29% increase[33] - The net cash flow from operating activities for Q3 2017 was ¥797,820,725.74, a significant increase from ¥291,909,785.59 in Q3 2016, representing a growth of approximately 173.5%[34] - Cash inflow from sales of goods and services for the first nine months of 2017 was ¥1,923,100,292.60, a rise from ¥1,478,929,009.55 in the same period last year, showing an increase of about 30.0%[37] - The net cash flow from operating activities for the first nine months of 2017 was ¥486,582,034.23, compared to ¥95,272,156.39 in the previous year, indicating a growth of approximately 411.5%[37] Assets and Liabilities - Total assets increased by 16.08% to CNY 6,604,836,975.68 compared to the end of the previous year[7] - The total liabilities increased to CNY 1,732,760,459.60 from CNY 1,448,974,329.43, indicating a rise in financial obligations[18] - Total assets as of Q3 2017 amounted to ¥6,234,182,584.29, compared to ¥5,435,975,502.02 at the end of Q3 2016, indicating a growth of 14.66%[22] - Total liabilities for Q3 2017 were ¥2,188,261,496.41, an increase from ¥1,937,489,034.32 in Q3 2016, marking an increase of 12.93%[22] - The company's total equity increased to CNY 4,872,076,516.08 from CNY 4,241,071,270.44, reflecting retained earnings growth[18] Shareholder Information - The number of shareholders reached 13,515 at the end of the reporting period[10] - The largest shareholder, Xu Jin, holds 18.26% of the shares, with a total of 109,568,568 shares pledged[10] Investment and Other Income - Investment income rose by 100.81% to CNY 31,298,509.91, attributed to higher returns from financial products purchased with idle funds[14] - The company's investment income for Q3 2017 was ¥10,985,698.63, compared to ¥7,094,753.42 in Q3 2016, showing a 55% increase[30] Inventory and Receivables - Accounts receivable rose by 77.51% to CNY 566,160,770.79, attributed to an increase in bank acceptance bills[13] - Other receivables increased by 70.31% to CNY 4,403,850.92, mainly due to an increase in advance payments[14] - The inventory level was CNY 1,684,103,039.62, slightly up from CNY 1,675,809,846.10, indicating stable stock management[16] Future Plans - The company plans to expand its market presence and invest in new product development to drive future growth[25]