Rocoi(SH:603829)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 3.23% to CNY 40,171,504.88 for the year-to-date period[6] - Operating revenue for the year-to-date period increased by 11.24% to CNY 360,268,410.27 compared to the same period last year[6] - Basic and diluted earnings per share both increased by 3.13% to CNY 0.33[7] - The company reported a total comprehensive income of ¥17,642,791.10 for Q3 2017, compared to ¥16,548,595.61 in Q3 2016, marking a growth of 6.6%[27] - Net profit attributable to the parent company was ¥17,641,530.08, up 6.3% from ¥16,597,851.60 in the same period last year[26] - Net profit for the third quarter was ¥17,294,824.32, a decrease of 5.9% from ¥18,385,554.54 in the previous year[31] Asset and Liability Changes - Total assets increased by 10.65% to CNY 611,867,607.07 compared to the end of the previous year[6] - Total liabilities increased to CNY 268.58 billion, compared to CNY 237.82 billion, marking a rise of about 12.9%[21] - Current assets totaled CNY 380.10 billion, compared to CNY 360.88 billion in the previous year, reflecting an increase of about 5.3%[20] - Owner's equity attributable to the parent company rose to CNY 342.46 billion, up from CNY 314.29 billion, an increase of approximately 8.9%[22] - The total assets of the company increased to ¥609,097,708.32, compared to ¥552,167,809.35 at the end of the previous year, reflecting a growth of 10.3%[24] Cash Flow Analysis - Net cash flow from operating activities surged by 465.51% to CNY 52,060,783.21 year-to-date[6] - The company reported a net cash flow from operating activities of ¥52,060,783.21 for the first three quarters, significantly up from ¥9,205,959.05 in the same period last year[35] - Cash inflow from financing activities was ¥27,560,000.00, down from ¥43,000,000.00 year-on-year[38] - Cash outflow from investing activities totaled ¥77,039,903.41, slightly down from ¥80,304,873.03 in the previous year[38] - The company reported a decrease in cash flow from operating activities, with total outflows reaching ¥188,956,860.05, compared to ¥207,597,268.55 in the previous year[37] Shareholder Information - The total number of shareholders reached 39,079 by the end of the reporting period[12] - The largest shareholder, Changzhou Luohui Investment Co., Ltd., holds 29.92% of the shares[12] - The second-largest shareholder, Changzhou Luoteng Investment Co., Ltd., holds 26.92% of the shares[12] Operational Costs and Expenses - Operating costs for Q3 2017 were ¥115,536,115.05, representing a year-over-year increase of 14.6% from ¥100,799,940.54[25] - The company’s financial expenses for the first three quarters totaled ¥1,685,108.42, an increase of 36.3% from ¥1,236,446.74 in the previous year[29] - The company reported a 40.16% increase in taxes and surcharges, rising from CNY 1,858,857.48 to CNY 2,605,283.81, primarily due to increased property tax[15] - Tax expenses for Q3 2017 were ¥3,094,988.92, compared to ¥1,669,102.16 in Q3 2016, showing a significant increase of 85.0%[26] Inventory and Prepayments - Inventory rose to CNY 68.51 billion, up from CNY 60.86 billion, indicating a growth of approximately 12.8%[20] - Prepayments increased by 240.47%, rising from CNY 1,404,083.84 to CNY 4,780,508.20, primarily due to higher advance payments for production equipment[14] Future Plans and Market Strategy - The company’s management indicated plans for market expansion and new product development in the upcoming quarters[26] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[31]