TKD(SH:603738)2017-10-26 16:00Financial Performance - Operating revenue for the first nine months rose by 35.09% to CNY 354,076,349.53 year-on-year[6] - Net profit attributable to shareholders increased by 14.08% to CNY 44,943,987.87 compared to the same period last year[6] - Basic earnings per share decreased by 13.04% to CNY 0.40 compared to the same period last year[6] - The weighted average return on equity decreased by 6.32 percentage points to 8.05%[6] - Year-to-date net profit for the first nine months was ¥53,402,009.90, an increase of 19.8% from ¥44,512,762.54[24] - Net profit for Q3 was ¥17,932,715.48, up 8.1% from ¥16,594,367.79 in Q3 of the previous year[24] - The company reported a total profit of ¥22,732,019.22 for Q3, compared to ¥20,845,564.31 in the previous year[22] Assets and Liabilities - Total assets increased by 32.74% to CNY 930,396,996.43 compared to the end of the previous year[6] - Total liabilities surged to CNY 291,767,251.50 from CNY 98,024,502.65, marking an increase of about 196.5%[17] - Current assets decreased slightly to CNY 436,308,934.22 from CNY 451,935,846.96, a decline of about 3.5%[16] - Non-current assets totaled CNY 494,088,062.21, up from CNY 249,006,179.71, a growth of about 98.5%[16] - The company's fixed assets increased by 68.14% to ¥366,743,692.35, reflecting investments in machinery and property for production expansion[12] Cash Flow - Net cash flow from operating activities decreased by 61.62% to CNY 34,493,718.92 year-on-year[6] - Cash and cash equivalents dropped significantly to CNY 60,305,642.77 from CNY 198,954,117.09, a decrease of approximately 69.7%[16] - The company incurred a net cash outflow from investing activities of ¥265,593,171.01, compared to a net outflow of ¥44,332,444.13 in the same period last year[29] - Net cash flow from financing activities was CNY 91,352,816.51, down from CNY 209,665,560.96 in the previous year[31] Operating Costs and Expenses - The company's operating costs rose by 47.54% to ¥243,651,961.87, reflecting the costs associated with expanded production[12] - Total operating costs for Q3 were ¥123,638,361.12, representing a 58.7% increase compared to ¥77,876,317.69 in Q3 of the previous year[22] - The total operating costs for the first nine months were ¥291,878,378.36, a 40.5% increase from ¥207,549,180.55[22] - Management expenses increased to ¥17,922,408.72 from ¥16,567,222.67 year-on-year[26] Shareholder Information - The total number of shareholders reached 10,865 as of the report date[9] - The largest shareholder, Yu Xindong, holds 42.59% of the shares and has pledged 14,830,000 shares[9] Government Subsidies and Tax - Government subsidies recognized in the first nine months amounted to CNY 6,364,684.56[8] - The company experienced a 181.58% increase in tax refunds received, totaling ¥15,226,267.79, attributed to higher export tax rebates[12] - The company received CNY 2,095,618.56 in tax refunds, slightly up from CNY 2,080,939.37 in the previous year[31] Inventory and Receivables - The company's inventory rose by 117.06% to ¥110,674,656.57, attributed to increased raw material reserves and finished goods due to expanded production[11] - Accounts receivable rose to CNY 211,074,325.37 from CNY 180,446,332.19, an increase of about 16.9%[16]