UE(SH:603600)2017-10-30 16:00Financial Performance - Operating revenue for the year-to-date reached CNY 1,304,031,213.31, representing a 31.10% increase year-on-year[7] - Net profit attributable to shareholders increased by 5.13% to CNY 89,612,241.07 for the year-to-date[7] - Basic and diluted earnings per share were both CNY 0.35, up 2.94% from the previous year[8] - The net profit after deducting non-recurring gains and losses was CNY 86,883,637.29, an increase of 16.99% year-on-year[7] - Total revenue for Q3 2017 reached ¥498,401,787.70, an increase of 29.6% compared to ¥384,673,715.53 in Q3 2016[40] - Net profit for the first nine months of 2017 was ¥97,455,082.82, compared to a loss of ¥1,700,991.62 in the same period last year[40] - The net profit attributable to shareholders for Q3 2017 was CNY 24,036,939.45, compared to CNY 28,525,643.42 in Q3 2016, reflecting a decrease of 17.4%[42] - The total profit for Q3 2017 was CNY 29,713,721.74, down from CNY 39,329,285.07 in the same period last year, a decline of 24.5%[44] - The company's gross profit margin for the first nine months of 2017 was approximately 18.5%, compared to 19.7% for the same period in 2016[43] Assets and Liabilities - Total assets increased by 11.76% to CNY 1,050,910,409.20 compared to the end of the previous year[7] - The company's total current assets as of September 30, 2017, amounted to CNY 647.60 million, an increase from CNY 586.81 million at the beginning of the year[33] - The total assets of the company reached CNY 1.05 billion, compared to CNY 940.35 million at the beginning of the year[33] - Current liabilities totaled ¥442,162,291.04, up from ¥318,436,419.91 at the start of the year, reflecting a 38.9% increase[38] - The company reported a total of CNY 304.96 million in accounts payable as of September 30, 2017, compared to CNY 244.56 million at the beginning of the year[33] Cash Flow - Cash flow from operating activities decreased by 27.74% to CNY 48,629,221.59 compared to the same period last year[7] - Cash inflow from operating activities totaled ¥1,442,376,811.53, an increase of 27.5% compared to ¥1,130,168,350.88 in the previous year[48] - Net cash flow from operating activities was ¥48,629,221.59, down 27.7% from ¥67,293,164.77 year-on-year[49] - Cash inflow from investment activities was ¥111,900,880.91, a decrease of 8.7% compared to ¥121,575,070.38 in the previous year[48] - Cash inflow from financing activities was ¥28,560,130.20, down from ¥36,000,000.00 in the previous year[49] - The ending cash and cash equivalents balance increased to ¥170,916,990.15 from ¥103,888,719.98 in the previous year[49] Shareholder Information - The total number of shareholders reached 14,755 at the end of the reporting period[11] - The largest shareholder, Yongyi Holdings Co., Ltd., holds 30.75% of the shares, with 77,812,500 shares pledged[11] Expenses and Costs - Operating costs rose by 31.65% to RMB 1,039,185,928.06, reflecting business scale growth and rising raw material prices[18] - Management expenses surged by 62.47% to RMB 106,810,134.22, mainly due to increased R&D expenses and employee compensation[18] - The company reported a gross profit margin of approximately 6.0% for Q3 2017, down from 10.0% in Q3 2016[40] - The company's management expenses increased significantly to CNY 35,845,245.48 in Q3 2017, compared to CNY 15,223,138.27 in Q3 2016, marking an increase of 135.1%[44] Investment and Future Plans - Investment income increased by 204.63% to RMB 1,779,808.91, resulting from the elimination of foreign exchange loss impacts[18] - The company plans to expand its market presence and invest in new product development to drive future growth[39] - The company has indicated plans for market expansion and new product development in the upcoming quarters, although specific details were not disclosed in the report[43] Stock Incentive Plan - The company completed the initial registration of restricted stock grants on July 27, 2017, with a grant price of CNY 9.38 per share[24] - A total of 3.04479 million shares were granted to 113 individuals, representing 83.77% of the total incentive plan[28] - The company will continue to fulfill its information disclosure obligations regarding the stock incentive plan and other matters[28]