SHBM(SH:900939)2016-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 70.16% to CNY 7,228,561.34 year-over-year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses rose by 77.70% to CNY 6,770,234.88[5] - The net profit attributable to the parent company for the first nine months of 2016 was CNY 7,228,561.34, representing a 70.16% increase compared to CNY 4,248,008.28 in the same period of 2015[11] - The company reported a net profit of ¥2,143,907.80 for Q3 2016, up from ¥1,365,648.93 in Q3 2015, marking a year-over-year increase of 56.9%[26] - The total profit for the first nine months of 2016 was ¥4,362,523.69, compared to ¥1,112,595.84 in the same period last year, indicating a growth of 291.5%[26] Revenue and Costs - Revenue decreased by 8.92% to CNY 6,498,873.82 compared to the same period last year[5] - Total operating revenue for Q3 2016 was CNY 2,094,659.75, a decrease of 11.5% compared to CNY 2,369,392.68 in Q3 2015[22] - Year-to-date operating revenue for the first nine months of 2016 was CNY 6,498,873.82, down 8.9% from CNY 7,135,176.90 in the same period last year[22] - Total operating costs for Q3 2016 were CNY 434,899.01, significantly lower than CNY 1,909,578.83 in Q3 2015[23] Cash Flow - Operating cash flow net amount surged by 225.93% to CNY 4,237,938.92 for the first nine months[5] - The net cash flow from operating activities for the first nine months of 2016 was CNY 4,237,938.92, a significant increase of 225.93% from CNY 1,300,276.49 in the previous year[11] - Net cash flow from operating activities was -$1,671,759.15 thousand, compared to -$1,828,321.35 thousand in the previous year[32] - Total cash outflow from operating activities was $1,717,580.70 thousand, compared to $1,916,870.34 thousand in the previous year[32] Assets and Liabilities - Total assets increased by 10.69% to CNY 88,769,678.40 compared to the end of the previous year[5] - The total liabilities increased to CNY 22,713,269.36 from CNY 21,317,522.68 at the beginning of the year[17] - The total liabilities as of the end of Q3 2016 amounted to CNY 38,141,268.53, a slight decrease from CNY 38,593,369.94 at the end of Q2 2016[21] - The total owner's equity as of September 30, 2016, was CNY 66,056,409.04, an increase from CNY 58,879,204.30 at the beginning of the year[17] Investments - The company reported a net cash outflow from investing activities of CNY -25,852,114.37, significantly higher than CNY -955,949.78 in the previous year[11] - Cash paid for investments was $57,000,000.00 thousand, an increase from $44,000,000.00 thousand in the previous year[32] - The company received cash from investment recovery amounting to ¥27,000,000.00, a decrease from ¥38,000,000.00 in the same period last year[29] Shareholder Returns - Basic earnings per share increased by 70.16% to CNY 0.040[5] - Earnings per share for Q3 2016 was CNY 0.017, compared to CNY 0.013 in Q3 2015, reflecting a growth of 30.8%[24] - The weighted average return on equity increased by 4.27 percentage points to 12.23%[5] Inventory and Cash Equivalents - Cash and cash equivalents decreased by 73.64% to CNY 7,738,611.51 due to investments in bank financial products[10] - The company's cash and cash equivalents decreased to CNY 7,738,611.51 from CNY 29,352,786.96 at the beginning of the year[15] - Inventory increased by 47.62% to CNY 1,376,018.43 primarily due to the procurement of flooring products[10] - The company's inventory increased to CNY 1,376,018.43 from CNY 932,121.80 at the beginning of the year[15]