NKF(SH:603707)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 783,926,799.77, a 73.75% increase year-on-year[7] - Net profit attributable to shareholders increased by 9.16% to CNY 223,663,969.73 for the first nine months[7] - Net profit excluding non-recurring gains and losses surged by 149.39% to CNY 217,337,375.80 compared to the same period last year[7] - Basic and diluted earnings per share increased by 5.06% to CNY 0.5979[8] - The company reported a gross profit margin of approximately 37.8% for the first nine months of 2017, compared to 22.5% for the same period in 2016[33] - The net profit for Q3 2017 reached ¥92,761,581.87, compared to ¥21,740,771.86 in Q3 2016, indicating an increase of about 326% year-over-year[38] - The company achieved an operating profit of ¥109,911,937.33 in Q3 2017, compared to ¥23,954,921.37 in Q3 2016, representing an increase of approximately 359%[38] Asset and Liability Changes - Total assets increased by 58.01% to CNY 2,406,070,159.56 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 49.22% to CNY 1,961,704,849.09 compared to the end of the previous year[7] - Total current assets increased to ¥1.93 billion from ¥1.05 billion, reflecting a significant growth in inventory and accounts receivable[25] - Total liabilities increased to ¥444.37 million from ¥208.09 million, showing a substantial rise in short-term borrowings[27] - Total assets reached ¥2.41 billion, up from ¥1.52 billion, indicating strong growth in the company's financial position[26] - Total liabilities increased to ¥434,589,478.32 in Q3 2017 from ¥215,341,388.97 in Q3 2016, representing a rise of 102.1%[31] Cash Flow Analysis - The net cash flow from operating activities improved by 9.53% to -CNY 176,644,537.87 compared to the same period last year[7] - Cash inflow from operating activities for the year-to-date period reached ¥782,743,416.27, an increase of 43% compared to ¥547,118,827.53 in the same period last year[41] - Cash outflow from operating activities totaled ¥959,387,954.14, up 29% from ¥742,364,298.84 year-on-year[41] - Cash inflow from investment activities was ¥358,112,823.81, significantly down from ¥1,968,321,206.98 in the same period last year[42] - Net cash flow from investment activities was -¥600,835,336.27, worsening from -¥140,121,997.08 year-on-year[42] - Cash inflow from financing activities amounted to ¥799,493,683.49, compared to ¥219,453,110.84 in the previous year[42] Shareholder Information - The total number of shareholders reached 14,103 by the end of the reporting period[12] - The top ten shareholders held a combined 100% of the shares, with the largest shareholder holding 27.96%[12] - The company issued new shares in July 2017, resulting in a 17.64% increase in paid-in capital to RMB 423,500,000.00[17] Expense Management - Sales expenses surged by 227.14% to RMB 23,094,594.18, driven by the expansion of the domestic market[19] - The company incurred sales expenses of ¥14,749,943.61 in Q3 2017, significantly higher than ¥2,478,968.24 in Q3 2016, reflecting increased investment in marketing efforts[38] - Financial expenses for Q3 2017 were reported as -¥3,865,868.82, a decrease from -¥529,102.40 in the same period last year, indicating improved financial management[38] Investment Activities - Investment income decreased by 29.52% to RMB 6,133,766.55, primarily due to a decline in the yield of financial products[19] - Cash received from investment absorption increased by 100% to ¥423.74 million, mainly from the public issuance of new shares during the reporting period[21] - The company reported an investment income of ¥3,922,901.98 for Q3 2017, compared to ¥28,182.27 in Q3 2016, showing a substantial increase[34]