ENC(SH:603869)2017-10-27 16:00Financial Performance - Operating revenue surged by 322.08% to CNY 1,634,737,811.92 for the year-to-date period[7] - Net profit attributable to shareholders rose by 104.00% to CNY 191,253,552.38 year-on-year[7] - The company's operating revenue reached ¥1,634,737,811.92, a significant increase of 322% compared to the previous year's ¥387,301,738.62[16] - Net profit for the first nine months of 2017 was ¥201,056,203.95, up from ¥101,176,651.67 in the same period last year, reflecting a growth of approximately 98.6%[40] - The net profit for the first nine months of 2017 reached CNY 154,530,634.71, representing an increase of 81.6% from CNY 85,112,834.72 in the same period last year[45] - The operating profit for the first nine months of 2017 was CNY 178,027,234.35, up 77.5% from CNY 100,252,554.77 in the same period last year[45] - Total comprehensive income for Q3 2017 was CNY 91,548,910.45, an increase of 77.9% from CNY 51,436,314.41 in Q3 2016[45] Assets and Liabilities - Total assets increased by 13.96% to CNY 5,914,249,922.13 compared to the end of the previous year[7] - The total assets increased significantly, with long-term equity investments rising by 204% to ¥99,545,207.36 due to new external investments[3] - The company's total assets increased to ¥4,783,042,992.50 as of the end of Q3 2017, compared to ¥4,105,756,055.86 at the end of Q3 2016, indicating a growth of about 16.5%[37] - Total liabilities rose to ¥1,162,261,152.48 in Q3 2017, compared to ¥589,080,234.01 in Q3 2016, representing an increase of approximately 97.1%[37] - The company's equity totaled ¥3,620,781,840.02 as of Q3 2017, compared to ¥3,516,675,821.85 in the same period last year, showing a growth of about 3.0%[37] Cash Flow - Net cash flow from operating activities decreased by 250.88% to -CNY 228,295,353.32 compared to the same period last year[7] - The company reported a net cash flow from operating activities of -¥228,295,353.32, a decline of 251% from the previous year, influenced by high accounts receivable[18] - The net cash flow from operating activities for the first nine months of 2017 was -110,621,419.36 RMB, compared to 103,983,391.47 RMB in the same period last year[50] - Total cash inflow from operating activities reached 600,920,810.29 RMB, significantly up from 300,729,075.00 RMB year-on-year[50] - The company reported a net cash flow from investing activities of -268,900,314.76 RMB, slightly worse than -268,187,311.45 RMB in the previous year[51] - Cash inflow from financing activities was 649,000,000.00 RMB, a substantial increase from 150,000,000.00 RMB in the same period last year[51] Shareholder Information - The total number of shareholders reached 18,563[10] - The largest shareholder, Xin'ao Energy Supply Chain Co., Ltd., holds 34.96% of shares[10] - The second-largest shareholder, Zhang Tao, holds 10.28% of shares, with a portion pledged[10] Operating Costs and Expenses - Operating costs surged to ¥972,868,808.08, reflecting a 397% increase, primarily due to the rapid growth in operating revenue[19] - The company experienced a 568% increase in taxes and surcharges, amounting to ¥5,543,837.83, attributed to adjustments in tax accounting[19] - Sales expenses escalated by 852% to ¥182,737,231.36, driven by increased marketing efforts for new business lines[18] - The company incurred financial expenses of CNY 19,887,980.83 for the first nine months of 2017, significantly higher than CNY 6,213,005.54 in the previous year[44] Investments and Projects - The company completed the construction of a new luxury roll-on/roll-off ship, enhancing its operational capacity in the South China Sea tourism routes[24] - The investment cash flow showed a significant increase of 1590%, totaling -¥750,665,603.55, mainly due to high capital expenditures on ships and infrastructure[18] - The company completed the installation and debugging of equipment, successfully connected terminal data, and is currently conducting in-depth testing[25] - The company established a standard system framework for integrated command and dispatch technology, laying the foundation for forming an industrial ecosystem[25] - The establishment of the "Intelligent Command and Dispatch Technology Research Center" in collaboration with Nanjing Public Security Research Institute aims to enhance core competitiveness in the smart security field[25] Future Projections - The projected cumulative net profit for the year is expected to increase by 40% to 80% compared to the same period last year, primarily due to the integration of industry cognitive solution business[26]