SITONG(SH:603838)2017-10-26 16:00Financial Performance - Net profit attributable to shareholders decreased by 25.65% to CNY 35,593,430.96 for the year-to-date period[6] - Basic and diluted earnings per share decreased by 27.78% to CNY 0.13[7] - The weighted average return on equity decreased by 2.25 percentage points to 5.35%[7] - Total operating revenue for Q3 2017 was ¥118,473,669.25, a slight decrease of 0.64% compared to ¥119,241,448.64 in Q3 2016[33] - Net profit attributable to the parent company was ¥7,898,421.80, down 55.96% from ¥17,893,737.59 in Q3 2016[34] - The company reported a total profit of ¥9,674,075.82 for Q3 2017, down 54.5% from ¥21,300,537.43 in Q3 2016[34] - The company’s total comprehensive income for Q3 2017 was CNY 5,358,718.66, a decrease of 67.4% from CNY 16,436,529.15 in Q3 2016[38] - Net profit for the first nine months of 2017 reached CNY 28,041,158.10, down 31.5% from CNY 40,993,666.44 in the same period last year[38] Revenue and Costs - Operating revenue for the year-to-date period increased by 1.18% to CNY 341,334,166.50 compared to the same period last year[6] - Total operating costs increased to ¥108,197,564.92, up 8.14% from ¥100,057,148.42 in the same period last year[33] - Total operating costs for Q3 2017 were CNY 86,913,561.48, an increase of 3.1% from CNY 84,275,469.67 in Q3 2016[36] Cash Flow - Net cash flow from operating activities decreased by 15.52% to CNY 34,929,445.76 for the year-to-date period[6] - Operating cash flow net amount for the year-to-date period is $33,426,731.09, a decrease of 19.5% compared to $41,570,781.91 in the same period last year[43] - Total cash inflow from operating activities is $322,673,011.68, down 8.8% from $354,001,925.79 year-over-year[43] - Cash flow from sales of goods and services received is $285,004,794.34, a decrease of 8.0% from $309,549,719.77 year-over-year[43] - The company reported a net cash flow from investing activities of CNY -88,738,688.42, compared to CNY -44,556,008.00 in the previous period, indicating a significant increase in investment outflows[21] Assets and Liabilities - Total assets increased by 4.28% to CNY 815,707,459.04 compared to the end of the previous year[6] - The total liabilities of the company were CNY 132,645,628.00, up from CNY 116,041,577.98, marking an increase of approximately 14.5%[25] - The total number of shareholders is 23,305[13] - The total number of shareholders at the end of the reporting period was not specified, but the report includes details on the top ten shareholders[12] Investments - Long-term equity investments increased by 235.17%, reaching 91,043,197.59 RMB, due to investments in Chaozhou Mingzhan Tong Ceramics Co., Ltd. and Chaozhou Private Investment Co., Ltd.[15] - Investment income increased by 48.12%, reaching 280,013.20 RMB, attributed to equity method accounting for investments in various companies[18] - Cash outflow from investing activities increased significantly to $144,915,084.42 from $44,592,558.00, resulting in a net cash flow from investing activities of -$88,519,014.42[43] Shareholder Information - The top ten shareholders hold a combined total of 9.65% to 4.50% of shares, with the largest shareholder, Cai Zhencheng, holding 25,736,880 shares (9.65%)[13] Other Financial Metrics - The company reported a 100.75% increase in business taxes and surcharges, totaling 5,467,173.58 RMB, due to reclassification of tax items[18] - Other income recognized in the current period amounted to 1,595,220.00 RMB, primarily from government subsidies[18] - The company incurred financial expenses of CNY 5,719,266.60 in the first nine months, compared to a financial income of CNY 8,866,272.47 in the same period last year[36] Future Outlook - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[39]