Daqian(SH:603955)2017-10-25 16:00Financial Performance - Operating revenue for the first nine months rose by 26.33% to CNY 460,955,637.14 compared to the same period last year[7] - Net profit attributable to shareholders increased by 37.56% to CNY 54,730,317.70 compared to the same period last year[7] - Basic earnings per share increased by 12.55% to CNY 0.6863 compared to the same period last year[7] - Total operating revenue for Q3 2017 reached ¥182,037,300.92, an increase of 31.1% compared to ¥138,764,150.36 in Q3 2016[27] - Net profit for Q3 2017 was ¥20,766,686.14, representing a 63.1% increase from ¥12,754,243.74 in Q3 2016[28] - Total profit for Q3 2017 was ¥27,708,777.46, compared to ¥17,189,392.09 in Q3 2016, reflecting a growth of 61.5%[28] - Total profit for the first nine months was ¥61,883,921.41, representing a 26.4% increase compared to ¥48,945,816.96 in the previous year[33] Asset and Equity Changes - Total assets increased by 13.61% to CNY 1,786,833,420.82 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 51.01% to CNY 1,037,539,171.94 compared to the end of the previous year[7] - Owner's equity increased from ¥717,080,934.89 to ¥1,067,669,194.61, representing a growth of 48.83%[20] - The company's total assets increased from ¥1,572,741,178.26 to ¥1,786,833,420.82, a growth of 13.59%[19] - Total assets as of the end of Q3 2017 amounted to ¥1,498,697,163.85, an increase from ¥1,293,543,173.52 at the end of Q3 2016[24] - Shareholders' equity increased to ¥1,005,364,964.71 in Q3 2017, up from ¥663,294,427.25 in Q3 2016, marking a growth of 51.6%[24] Cash Flow and Financing Activities - Net cash flow from operating activities decreased significantly by 1,319.51% to -CNY 291,866,869.50 compared to the same period last year[7] - Cash flow from operating activities showed a net outflow of ¥291,866,869.50, worsening from a net outflow of ¥20,561,163.20 in the same period last year[36] - Cash inflow from investment activities reached $947.17 million, significantly up from $318.46 million year-over-year[38] - Net cash flow from investment activities was $80.54 million, a turnaround from -$10.47 million in the same period last year[38] - Cash inflow from financing activities amounted to $355.73 million, compared to $160.00 million in the previous year[39] - Net cash flow from financing activities was $133.93 million, improving from -$51.14 million year-over-year[39] Shareholder Information - The company had a total of 12,367 shareholders at the end of the reporting period[11] - The largest shareholder, Jiangsu Daqian Investment Development Co., Ltd., holds 36.94% of the shares, with 32,138,298 shares pledged[11] Inventory and Receivables - Accounts receivable decreased by 61.45% to ¥1,110,000 from ¥2,879,400 due to a reduction in outstanding bills[13] - Inventory increased by 42.56% to ¥330,192,358 from ¥231,616,860, attributed to increased revenue and timing differences in settlements[13] - Long-term receivables rose by 90.25% to ¥659,082,521 from ¥346,432,509, primarily due to an increase in PPP project activities[13] Expenses and Costs - Management expenses increased by 31.17% to ¥51,544,522 from ¥39,295,426, attributed to higher salaries, R&D investments, and travel expenses[14] - Total operating costs for Q3 2017 were ¥155,224,458.85, up 27.6% from ¥121,625,609.00 in Q3 2016[27] - Cash paid for debt repayment increased by 57.14% year-on-year, amounting to ¥220 million[15] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 3,220,000.00 during the reporting period[9] - Non-recurring gains and losses totaled CNY 671,904.29 for the current period[10]