XCC(SH:603667)2017-10-25 16:00Financial Performance - Operating revenue for the first nine months rose by 8.66% to CNY 844,519,533.19 year-on-year[5] - Net profit attributable to shareholders increased by 15.97% to CNY 78,130,325.49 compared to the same period last year[5] - The company's total equity as of September 30, 2017, was ¥1,120,737,541.49, up from ¥1,082,887,406.83 at the beginning of the year, indicating a growth of 3.5%[24] - The net profit for the first nine months of 2017 was ¥90,544,323.24, compared to ¥79,150,561.95 for the same period in 2016, reflecting a growth of 14.9%[26] - The total profit for the first nine months of 2017 was CNY 80,018,448.41, up from CNY 72,158,243.46 in the previous year, indicating a growth of approximately 10.5%[29] Earnings and Shareholder Information - Basic earnings per share decreased by 11.36% to CNY 0.39[5] - Basic earnings per share for Q3 2017 were CNY 0.12, down from CNY 0.15 in Q3 2016, reflecting a decrease of about 20.0%[28] - The total number of shareholders reached 21,662[10] - The largest shareholder, Zhang Feng, holds 26.46% of the shares[11] Assets and Liabilities - Total assets increased by 3.62% to CNY 1,694,861,658.85 compared to the end of the previous year[5] - Total assets as of September 30, 2017, amounted to ¥1,554,048,795.11, slightly up from ¥1,544,298,135.97 at the beginning of the year[24] - Total liabilities as of September 30, 2017, were ¥433,311,253.62, a decrease of 6.1% from ¥461,410,729.14 at the beginning of the year[24] Cash Flow and Financial Activities - Net cash flow from operating activities decreased by 1.91% to CNY 94,233,727.50[5] - The company's cash and cash equivalents decreased to ¥55,444,622.25 from ¥88,097,444.44 at the beginning of the year, a decline of 37.0%[22] - Cash inflow from financing activities was ¥70,500,000.00, a significant decrease from ¥413,503,847.95 in the last quarter, showing a decline of approximately 83.0%[33] - The net cash flow from financing activities for the first nine months was negative at -¥96,155,241.09, compared to -¥47,607,346.85 in the same period last year, indicating a worsening of about 101.5%[37] Operational Metrics - Total operating revenue for Q3 2017 was CNY 230,296,443.44, representing an increase from CNY 216,073,308.53 in Q3 2016, which is approximately a 6.3% growth[28] - The company's operating costs for Q3 2017 were CNY 185,085,721.52, compared to CNY 171,089,341.62 in Q3 2016, which is an increase of approximately 8.2%[28] - The financial expenses for Q3 2017 were CNY 1,578,174.05, a decrease from CNY 2,093,597.99 in Q3 2016, showing a reduction of about 24.5%[28] Changes in Assets - Accounts receivable increased by 58.57% to CNY 67,408,252.15 from CNY 42,511,179.17 due to the use of bank acceptance bills[14] - Prepayments increased by 163.12% to CNY 19,121,809.76 from CNY 7,267,334.26 due to advance payments for steel[14] - Other current assets decreased by 49.46% to CNY 30,196,228.61 from CNY 59,742,634.61 due to the redemption of financial products[14] - Construction in progress increased by 56.89% to CNY 124,609,185.41 from CNY 79,426,622.17 due to accelerated project construction[14] - Deferred income increased by 64.14% to CNY 55,111,359.74 from CNY 33,576,634.89 due to special guidance funds received[15] Government and Non-Operating Income - Government subsidies recognized in the current period amounted to CNY 1,125,082.18[8] - Non-operating income and expenses resulted in a net loss of CNY 333,966.97[8]