LBX(SH:603883)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 31.75% to CNY 274,379,764 for the first nine months[6] - Operating revenue for the first nine months reached CNY 5,258,772,062, reflecting a growth of 21.8% year-on-year[6] - Basic earnings per share increased by 32.05% to CNY 1.03 per share[6] - The weighted average return on equity improved to 13.99%, up by 4.88 percentage points from the previous year[6] - The company reported a total profit of CNY 423,336,490 for the first nine months of 2017, compared to CNY 66,254,443 in the same period last year[40] - The company's operating profit for the first nine months of 2017 was CNY 457,394,857, significantly higher than CNY 59,559,679 in the same period last year[38] - Net profit for the first nine months of 2017 was ¥372,852,347, compared to ¥300,730,895 in the same period last year, representing a growth of 23.9%[34] - The company's net profit for Q3 2017 was CNY 89,419,295, an increase from CNY 78,188,876 in Q3 2016, representing a growth of approximately 16%[35] - The net profit attributable to the parent company was CNY 83,061,123 for Q3 2017, compared to CNY 63,410,848 in the same period last year, marking a year-over-year increase of about 31%[36] Revenue and Sales - Total operating revenue for the first nine months of 2017 reached CNY 1,217,674,354, compared to CNY 1,043,808,296 in the same period last year, indicating a growth of approximately 17%[38] - Cash received from sales and services amounted to ¥6,454,078,784, an increase from ¥4,915,985,892, representing a growth of approximately 31.3% year-over-year[44] - Total revenue for Q3 2017 reached ¥1,804,376,171, an increase of 16.5% compared to ¥1,548,333,636 in Q3 2016[33] - Year-to-date revenue for 2017 was ¥5,258,772,062, up 21.8% from ¥4,317,553,742 in the same period last year[34] Assets and Liabilities - Total assets increased by 12.61% to CNY 5,528,945,669 compared to the end of the previous year[6] - The total assets of the company reached 5,528.95 million RMB, up from 4,909.69 million RMB at the beginning of the year[27] - The company's total liabilities increased to 3,234.97 million RMB from 2,932.76 million RMB at the beginning of the year[27] - Total liabilities as of September 30, 2017, were ¥1,850,499,217, compared to ¥1,772,395,179 at the beginning of the year[31] - The company's non-current assets totaled 2,272.11 million RMB, an increase from 1,968.34 million RMB at the beginning of the year[27] Cash Flow - The net cash flow from operating activities increased by 128.02% to CNY 525,939,310 compared to the same period last year[6] - Net cash flow from operating activities was ¥525,939,310, compared to ¥230,650,546 in the previous year, indicating a significant improvement[44] - The ending balance of cash and cash equivalents was ¥921,911,581, up from ¥586,411,429, showing an increase of approximately 57.0%[45] - Cash outflow for investment activities totaled ¥345,893,330, compared to ¥769,328,127, a reduction of approximately 55.1%[45] Investments and Acquisitions - The company completed the acquisition of 22 stores from Lanzhou Zhirentang Pharmacy for a total cost of 13.11 million RMB and 9 stores from various single pharmacies for 4.85 million RMB, both completed in September 2017[22] - The company plans to acquire 65% of Zhenjiang Huakang Pharmacy Chain Co., Ltd. (37 stores) for 67.60 million RMB, expected to complete in Q4 2017[22] - The company also intends to acquire 51% of Tongliao Zeqiang Pharmacy Chain Co., Ltd. (216 stores) for 271.37 million RMB, with completion expected in Q4 2017[22] Shareholder Information - The company reported a total of 19,672 shareholders as of the report date[10] - The largest shareholder, Zexing Investment Co., Ltd., holds 34.77% of the shares[10] Operational Metrics - The company expanded its direct stores to 2,039, with 168 new stores opened and 49 closed during the reporting period[17] - The company operates a total of 2,039 stores with a combined operating area of 345,813 square meters and an average daily sales per square meter of 59 RMB[18] - The Northwest region saw the highest revenue growth at 57.32%, contributing significantly to the overall revenue increase[16] Financial Expenses - The company’s financial expenses rose by 122.54% to CNY 44,458,479, attributed to increased bond interest payments[12] - The company incurred financial expenses of CNY 34,131,446 for the first nine months of 2017, compared to CNY 13,544,105 in the previous year, indicating a significant increase[38]