RSPC(SZ:002493)2017-10-26 16:00Financial Performance - Operating revenue for the reporting period was ¥17.16 billion, representing a year-on-year growth of 32.98%[7] - Net profit attributable to shareholders was ¥452.22 million, a decrease of 9.76% compared to the same period last year[7] - Net profit excluding non-recurring gains and losses was ¥313.87 million, down 26.93% year-on-year[7] - Basic earnings per share decreased by 40.00% to ¥0.12[9] - The weighted average return on equity was 2.91%, down 1.33% from the previous year[9] - The company's operating revenue for the current period reached ¥52.36 billion, an increase of 66.72% compared to ¥31.41 billion in the previous year[17] - The net profit attributable to shareholders for 2017 is expected to be between ¥1.92 billion and ¥2.21 billion, reflecting a change of 0% to 15% compared to ¥1.92 billion in 2016[21] Assets and Liabilities - Total assets at the end of the reporting period reached ¥56.78 billion, an increase of 29.44% compared to the previous year[7] - Accounts receivable increased by 395.30% to ¥2.22 billion, primarily due to an increase in bank acceptance bills received from customers[17] - Inventory rose by 34.36% to ¥3.31 billion, mainly due to an increase in raw material stock at a wholly-owned subsidiary[17] - Short-term borrowings increased by 77.59% to ¥13.86 billion, attributed to increased bank loans by the company and its wholly-owned subsidiary[17] Cash Flow - Net cash flow from operating activities was ¥4.55 billion, an increase of 102.72% compared to the same period last year[9] Shareholder Information - The company reported a total of 19,990 shareholders at the end of the reporting period[12] - Zhejiang Rongsheng Holding Group Co., Ltd. held 70.36% of the shares, making it the largest shareholder[12] Management and Operations - The company's management expenses increased by 30.21% to ¥844.92 million, mainly due to higher R&D expenditures at a wholly-owned subsidiary[17] - The company reported a decrease in financial expenses by 43.02% to ¥452.54 million, primarily due to increased exchange gains[17] - The company plans to optimize its aromatic hydrocarbon facilities in Q4 to ensure safer and more efficient operations[21] - The company has seen an increase in PTA trade revenue and aromatic product income, contributing to the overall revenue growth[17] Compliance and Governance - The company has no reported violations regarding external guarantees during the reporting period[24] - The company conducted multiple on-site research meetings with institutions on July 12, August 15, August 17, and August 18, 2017[27] - The legal representative of the company is Li Shuirong[28] Share Repurchase - The company did not engage in any repurchase transactions during the reporting period[13]