BLEST(SH:603959)2017-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 428,264,130.53, a 30.08% increase year-on-year[6] - Net profit attributable to shareholders was CNY 58,276,886.58, reflecting an 11.52% increase compared to the same period last year[6] - The company's net profit for the first nine months of 2017 showed a significant increase in goodwill, rising by 1262.42% to CNY 157,457,941.13 due to the acquisition of Jiangsu Nanda Zijin Lithium Battery Intelligent Equipment Co., Ltd.[10] - The company's operating revenue for the first nine months of 2017 was CNY 428,264,130.53, representing a 30.08% increase compared to CNY 329,228,803.31 in the same period last year[10] - The company's operating profit for the first nine months of 2017 was ¥27,444,807.80, down from ¥46,178,866.28 in the same period last year, a decrease of 40.5%[27] - The total operating revenue for the first nine months of 2017 was ¥219,252,589.41, a decrease of 10.5% from ¥244,948,687.30 in the previous year[27] - The net profit for the first nine months was CNY 428,264,130.53, up from CNY 329,228,803.31, showing a growth of about 30% year-over-year[24] - The net profit attributable to the parent company for Q3 2017 was ¥37,513,185.71, representing a 6.1% increase from ¥33,481,468.51 in Q3 2016[26] - The total profit for Q3 2017 was ¥44,699,218.55, compared to ¥39,392,525.05 in Q3 2016, marking an increase of 8.3%[25] Cash Flow - The net cash flow from operating activities showed a decline of 63.03%, amounting to -CNY 227,789,742.07[6] - The company’s cash flow from operating activities was negative at CNY -227,789,742.00, a 63.03% decline compared to the previous year[11] - Operating cash inflow for the first nine months reached ¥184,109,722.52, an increase from ¥168,263,202.13 in the previous year[33] - Total cash outflow from operating activities was ¥411,899,464.59, compared to ¥307,988,434.40 in the same period last year[33] - Cash inflow from investment activities totaled ¥131,201,504.52, significantly up from ¥20,110,120.00 year-over-year[34] - Net cash outflow from investment activities was ¥33,176,334.52, improving from ¥92,674,408.11 in the previous year[34] - Cash inflow from financing activities amounted to ¥358,000,000.00, down from ¥437,480,000.00 in the previous year[34] - Net cash flow from financing activities was ¥163,819,570.45, compared to ¥306,521,645.26 in the same period last year[34] Assets and Liabilities - Total assets increased by 17.96% to CNY 2,176,247,070.39 compared to the end of the previous year[6] - Total liabilities rose to CNY 1,267,986,920.84, up from CNY 969,634,324.88, indicating a year-over-year increase of about 31%[18] - Current liabilities totaled CNY 1,183,311,367.48, compared to CNY 816,863,163.95, reflecting a growth of approximately 45%[22] - The company’s total liabilities increased significantly, with other payables rising by 1287.70% to CNY 97,245,173.61 due to equity acquisition payments[10] - The company’s inventory increased by 130.21% to CNY 486,337,543.87, attributed to the partial completion of general contracting projects awaiting settlement[10] - Cash and cash equivalents decreased to CNY 158,352,145.81 from CNY 190,094,847.87, a decline of approximately 17%[20] - Accounts receivable increased to CNY 649,605,414.49 from CNY 615,203,759.13, reflecting a growth of about 5.6%[20] - Inventory rose significantly to CNY 296,603,158.77 from CNY 179,716,276.25, indicating an increase of approximately 65%[21] - Deferred tax liabilities increased to CNY 5,475,553.36 from CNY 521,160.93, showing a substantial rise of approximately 950%[18] Shareholder Information - The number of shareholders reached 17,819, with the top ten shareholders holding a combined 52.50% of shares[7] - The largest shareholder, Tibet Xinhai New Venture Capital Co., Ltd., holds 117,600,000 shares, representing 52.50% of total shares[7] Earnings and Expenses - Basic earnings per share decreased by 3.70% to CNY 0.26[6] - The company reported a financial expense of ¥19,187,164.21 for the first nine months of 2017, an increase of 17.5% compared to ¥16,363,685.31 in the same period last year[25] - The tax expenses for Q3 2017 were ¥7,186,032.84, up from ¥5,911,056.54 in Q3 2016, indicating a rise of 21.6%[25] - Non-recurring gains and losses totaled CNY 230,831.21 for the current period[7] - The company reported a net profit excluding non-recurring items of CNY 57,942,913.99, a 35.35% increase year-on-year[6] - The company’s investment income surged by 994.70% to CNY 985,227.98, resulting from returns on purchased bank wealth management products[10] - The company recorded an investment income of ¥985,227.98 for the first nine months of 2017, compared to ¥90,000.00 in the same period last year, showing a significant increase[25] - The total operating costs for Q3 2017 were ¥140,780,470.27, up from ¥129,996,733.79 in the same quarter last year, reflecting an increase of 8.7%[25]