GDM(SZ:002636)2016-10-27 16:00Financial Performance - Operating revenue for the reporting period was ¥742,250,702.66, representing a year-on-year growth of 24.31%[6] - Net profit attributable to shareholders of the listed company was ¥71,510,759.69, a significant increase of 653.99% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses reached ¥70,587,347.38, up 790.97% year-on-year[6] - Basic earnings per share for the reporting period were ¥0.0982, an increase of 655.38% compared to the same period last year[6] - The estimated net profit attributable to shareholders for 2016 is expected to increase by 330.00% to 380.00%, amounting to between ¥23,271.86 million and ¥25,977.89 million[16] Assets and Shareholder Information - Total assets at the end of the reporting period reached ¥2,846,413,048.56, an increase of 5.93% compared to the end of the previous year[6] - Net assets attributable to shareholders of the listed company amounted to ¥1,547,839,223.75, reflecting an increase of 11.35% year-on-year[6] - The total number of ordinary shareholders at the end of the reporting period was 61,981[10] - The largest shareholder, Shanghai Donglin Investment Development Co., Ltd., held 39.83% of the shares, totaling 289,926,000 shares[10] Cash Flow and Working Capital - The company reported a net cash flow from operating activities of ¥293,394,595.30, which is an increase of 244.18% year-to-date[6] - Cash and cash equivalents increased by 43.61% to ¥277,792,915.00 due to increased sales and faster cash collection[14] - Prepayments rose by 164.63% to ¥38,360,879.59 primarily due to prepayments for materials and property deposits[14] - Other receivables decreased by 87.65% to ¥2,595,045.19 mainly due to the recovery of intention funds[14] - Operating cash flow net amount increased by 244.18% to ¥293,394,595.30 driven by higher sales and quicker cash collection[14] Expenses and Financial Management - Sales expenses increased by 31.37% to ¥69,806,153.76 due to the formal production and sales of the subsidiary Hangzhou Guoji[14] - Management expenses rose by 37.29% to ¥137,234,324.94 also due to the formal production and sales of the subsidiary Hangzhou Guoji[14] - The company reported a significant increase in income tax expenses by 756.50% to ¥27,405,429.66 due to increased profits[14] - Financial expenses decreased by 37.98% to -¥2,630,286.57 primarily due to exchange gains from RMB fluctuations[14] Corporate Governance and Investor Relations - The company has committed to not planning any major asset restructuring within three months following the board resolution announcement[15] - The company conducted multiple investor communications via phone throughout the first three quarters of 2016, indicating active engagement with stakeholders[22] - The chairman of the company is Han Tao, highlighting leadership continuity during the reporting period[22] - The company has documented investor relations activities, which can be accessed on the Shenzhen Stock Exchange's interactive platform, demonstrating transparency[22]