JHS(SH:603922)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 761,566,381.51, a 17.1% increase from the same period last year[6] - Net profit attributable to shareholders decreased by 12.38% to CNY 72,715,871.90 compared to the previous year[6] - Basic and diluted earnings per share decreased by 11.63% to CNY 0.76[7] - The weighted average return on net assets dropped by 5.39 percentage points to 13.38%[7] - The company reported a significant increase in accounts receivable, which rose to ¥252,010,009.79 from ¥234,304,121.13, reflecting higher sales on credit[21] - The company's operating revenue for Q3 2017 was CNY 263,521,972.32, representing a 31.7% increase from CNY 200,016,783.33 in Q3 2016[27] - The net profit attributable to shareholders for Q3 2017 was CNY 18,675,860.50, up 5.8% from CNY 17,651,593.28 in the same period last year[26] - The total profit for Q3 2017 was CNY 21,933,656.38, slightly higher than CNY 21,595,195.85 in Q3 2016[26] - The company's operating profit for the first nine months of 2017 was CNY 758,713,675.46, an increase of 16.6% from CNY 650,682,546.23 in the same period last year[27] Assets and Liabilities - Total assets increased by 10.52% to CNY 1,217,648,977.09 compared to the end of the previous year[6] - Net assets attributable to shareholders rose by 14.34% to CNY 579,700,557.75 year-on-year[6] - Cash and cash equivalents increased by 32.05% to ¥70,892,812.96 from ¥53,687,949.82, primarily due to revenue growth[11] - Accounts receivable decreased by 41.04% to ¥21,900,000.00 from ¥37,142,418.01, mainly due to a reduction in bill settlements[11] - Inventory rose by 30.58% to ¥343,083,091.58 from ¥262,738,496.20, attributed to rising raw material prices and increased stockpiling[11] - Long-term equity investments increased by 57.48% to ¥40,465,580.54 from ¥25,695,924.93, due to higher earnings from joint ventures[11] - Current liabilities increased to ¥674,095,196.98 from ¥541,023,423.78 at the start of the year, indicating a rise in short-term financial obligations[22] - Shareholders' equity totaled ¥580,552,541.36, up from ¥504,407,487.86 at the beginning of the year, indicating growth in the company's net worth[22] Cash Flow - Net cash flow from operating activities fell by 35.75% to CNY 44,965,179.89 year-to-date[6] - Operating cash flow decreased by 35.75% to ¥44,965,179.89 from ¥69,983,992.65, mainly due to increased cash outflows for raw material purchases[12] - Cash inflow from sales of goods and services reached ¥809,570,427.40, an increase of 12.14% compared to ¥721,781,160.94 in the same period last year[31] - Total cash inflow from operating activities amounted to ¥812,954,468.58, compared to ¥733,312,646.31 in the previous year, reflecting a growth of 10.87%[31] - Cash outflow for purchasing goods and services was ¥568,543,831.88, up 21.63% from ¥467,437,605.79 in the same period last year[31] - Cash flow from financing activities generated a net cash inflow of ¥539,950.13, a decrease of 58.25% from ¥1,293,702.23 year-on-year[35] - Cash and cash equivalents at the end of the period totaled ¥50,458,865.19, an increase from ¥32,550,931.61 in the previous year[33] Investments and Subsidies - The company received government subsidies amounting to CNY 757,131.31 during the reporting period[8] - The company reported a 134.94% increase in investment income to ¥15,101,518.58 from ¥6,427,748.16, driven by higher earnings from joint ventures[12] - Investment cash flow decreased by 40.63% to -¥38,705,841.01 from -¥65,192,346.72, primarily due to reduced cash payments for fixed assets and other long-term assets[12] - Cash outflow for investment activities was ¥39,037,703.98, down 40.36% from ¥65,472,815.15 year-on-year[32] - Cash inflow from investment activities was ¥331,862.97, an increase of 18.33% compared to ¥280,468.43 in the same period last year[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 5[10] - The largest shareholder, Jinhe Group Co., Ltd., holds 64.72% of the shares[10]