BYE(SH:603861)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,009,200,835.84, a 25.97% increase year-on-year[6] - Net profit attributable to shareholders rose by 25.38% to CNY 85,786,053.73 for the same period[6] - Basic and diluted earnings per share improved by 18.08% to CNY 0.2057[6] - Non-operating income for the first nine months totaled CNY 15,122,462.90, with government subsidies contributing significantly[8] - Total revenue for Q3 2017 reached ¥392,327,380.70, a significant increase of 63.0% compared to ¥241,089,203.09 in Q3 2016[24] - Year-to-date revenue for 2017 was ¥1,009,200,835.84, up 25.9% from ¥801,161,526.46 in the same period last year[24] - Net profit for Q3 2017 was ¥40,029,920.18, a 99.9% increase compared to ¥20,023,135.25 in Q3 2016[25] - Year-to-date net profit for 2017 was ¥84,149,754.65, up 23.0% from ¥68,419,745.28 in the same period last year[25] - The company's total profit for the first nine months of 2017 was ¥103,403,141.75, a 27.2% increase from ¥81,279,255.39 in the same period last year[31] Asset and Liability Changes - Total assets increased by 19.52% to CNY 3,304,988,610.55 compared to the end of the previous year[6] - Total liabilities increased to ¥1,297,898,929.24 from ¥865,015,736.43, indicating a rise in financial obligations[18] - The total assets as of September 30, 2017, amounted to ¥2,820,629,315.40, an increase from ¥2,765,165,663.09 at the beginning of the year[21] - The company reported a total liability of ¥873,728,415.49, which is an increase from ¥865,015,736.43 at the beginning of the year[21] - The total equity as of September 30, 2017, was ¥1,946,900,899.91, up from ¥1,900,149,926.66 at the beginning of the year[21] Cash Flow Analysis - The net cash flow from operating activities showed a significant decline of 113.13%, resulting in a negative cash flow of CNY -7,416,801.10[6] - Operating cash flow for the year-to-date period (January to September) was RMB 1,176,092,806.63, a slight increase from RMB 1,162,975,934.33 in the same period last year[34] - Net cash flow from operating activities was negative at RMB -7,416,801.10, compared to a positive RMB 56,508,734.14 in the previous year[34] - Cash inflow from investment activities totaled RMB 1,115,885,083.04, significantly higher than RMB 546,177,804.96 in the prior year[39] - Cash flow from financing activities resulted in a net outflow of RMB -31,725,458.92, compared to a net inflow of RMB 185,101,818.24 in the previous year[35] Inventory and Receivables - Accounts receivable increased by 159.23% to CNY 165,271,439.06 due to customers opting for bill settlement[11] - Other receivables increased by 66.62% to ¥47,336,162.44, mainly due to the increase in land deposit payments[12] - Inventory rose by 80.28% to ¥559,591,124.50, primarily due to large orders being put into production[12] Investment and Expenses - Investment income surged by 460.94% to ¥8,937,028.55, driven by profits from joint ventures and financial investments[12] - Operating costs increased by 30.93% to ¥752,177,670.17, primarily due to higher costs from acquired companies[12] - The company reported a financial expense of ¥169,589.46 in Q3 2017, significantly lower than ¥1,063,429.72 in Q3 2016, showing a decrease of 84.0%[29] - The total assets impairment loss for the first nine months of 2017 was ¥18,059,880.75, compared to ¥6,257,666.15 in the same period last year, indicating an increase of 187.5%[29] Shareholder Information - The number of shareholders reached 29,284, indicating a stable shareholder base[9]