CAERI(SH:601965)2016-10-21 16:00Financial Performance - Operating revenue for the first nine months rose by 42.14% to CNY 1,081,274,983.84 year-on-year[6] - Net profit attributable to shareholders increased by 37.92% to CNY 200,727,263.00 for the first nine months[6] - Basic and diluted earnings per share grew by 40.00% to CNY 0.21[7] - The company reported a net profit of ¥196,259,486.61, a 39.03% increase, supported by growth in technical services and government subsidies[16] - The total profit increased by 41.01% to ¥241,639,919.22, driven by effective market expansion in technical services[16] - The total profit for Q3 2016 was CNY 104,148,466.27, an increase of 122.0% from CNY 46,945,893.53 in Q3 2015[33] - The company reported a net profit of CNY 196,259,486.61 for the first nine months of 2016, compared to CNY 141,162,100.07 in the same period of 2015, a growth of 39.0%[33] Cash Flow - Net cash flow from operating activities surged by 1,293.99% to CNY 202,047,842.63 compared to the same period last year[6] - Cash flow from operating activities for the first nine months of 2016 was ¥202.05 million, a significant improvement from a negative cash flow of ¥16.92 million in the same period last year[39] - Total cash inflow from operating activities for the first nine months of 2016 was ¥1,088.70 million, up from ¥716.19 million in the previous year, indicating a growth of 52%[38] - The net cash flow from financing activities was negative at ¥89.89 million for the first nine months of 2016, worsening from a negative cash flow of ¥42.22 million in the same period last year[39] - Net cash flow from operating activities was ¥107,748,869.56, compared to a negative cash flow of ¥13,265,141.62 in the previous year[41] Assets and Liabilities - Total assets increased by 2.20% to CNY 4,549,533,317.23 compared to the end of the previous year[6] - The company’s total assets amounted to ¥2,469,028,796.12, with a slight increase from the beginning of the year[23] - Total liabilities were reported at ¥623,443,135.60, slightly down from ¥623,757,027.74 at the start of the year, showing a decrease of about 0.5%[25] - The company's total equity increased to ¥3,926,090,181.63 from ¥3,827,911,813.08, marking a growth of approximately 2.6%[25] Shareholder Information - The number of shareholders reached 33,159 by the end of the reporting period[12] - The largest shareholder, China General Technology (Group) Holding Limited, holds 63.69% of the shares[12] Investment Activities - Investment activities generated a net cash outflow of CNY 177,773,094.88, a decrease of 195.81% year-on-year[6] - Long-term equity investments increased by 61.89% to ¥58,924,345.51, reflecting an initial investment of ¥23 million in a new subsidiary[14] - The company utilized ¥51,713,268.13 of raised funds for investment projects by September 30, 2016, with a remaining balance of ¥415,724,195.16[18] - The company received cash from investment activities totaling ¥223.24 million in the first nine months of 2016, down from ¥553.93 million in the same period last year[39] Operational Metrics - The company’s gross margin for technical services increased by 28% year-on-year, contributing to revenue growth[7] - Total operating revenue for Q3 2016 reached ¥387,807,276.54, a significant increase from ¥204,962,190.06 in Q3 2015, representing an increase of approximately 89.1%[31] - The total operating costs for the first nine months of 2016 were CNY 504,701,297.97, up from CNY 395,640,867.06 in the same period last year, reflecting a 27.5% increase[35] - Operating costs for Q3 2016 were CNY 79,286,920.38, up from CNY 60,224,699.31 in the same period last year, reflecting a 31.6% increase[35] Inventory and Receivables - Accounts receivable increased by 63.09% to ¥350,273,993.21 due to successful expansion into new clients and businesses, with significant collections concentrated in Q4[14] - Accounts receivable rose significantly to ¥61,041,844.08 from ¥9,997,850.42, representing an increase of approximately 510.4%[27] - Inventory levels increased to ¥1,274,552.98 from ¥1,074,995.56, reflecting a growth of about 18.5%[28]