秀强股份(300160) - 2017 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 48.41% to CNY 21,089,404.24 for the reporting period[9] - Operating revenue for the period reached CNY 331,521,169.37, reflecting a growth of 21.22% year-on-year[9] - Basic earnings per share increased by 48.32% to CNY 0.0353 for the reporting period[9] - The company's main business revenue reached CNY 1,029.35 million, an increase of 23.66% compared to the same period last year[19] - The net profit attributable to shareholders was CNY 134.92 million, reflecting a growth of 55.81% year-on-year[19] - The total profit for the period was CNY 160.44 million, a year-on-year increase of 53.05%[19] - The total profit for the quarter was CNY 160,435,493.18, representing a 53.1% increase from CNY 104,825,597.15 in the same quarter last year[51] - The operating profit for the current period was CNY 23,338,548.00, up from CNY 6,246,784.19 in the previous year, reflecting an increase of about 273.5%[46] - The operating profit for the quarter was CNY 154,464,703.23, which is a 56.0% increase from CNY 99,040,429.30 in the previous year[51] Assets and Liabilities - Total assets increased by 25.49% to CNY 2,150,988,188.05 compared to the end of the previous year[9] - The company's total liabilities amounted to CNY 801,548,550.94, up from CNY 489,319,216.15, indicating a growth of 63.8%[35] - Current liabilities increased to CNY 759,668,174.96 from CNY 443,151,556.15, representing a rise of 71.5%[35] - The equity attributable to shareholders of the parent company was CNY 1,338,357,785.00, an increase from CNY 1,227,349,994.47, reflecting an increase of 9.1%[36] - The company's goodwill increased by 93.44% to CNY 438.04 million, resulting from the acquisition of Jiangsu Tongmeng Kindergarten Education Consulting Co., Ltd.[20] Cash Flow - The net cash flow from operating activities decreased by 73.30% to CNY 37,058,230.65 year-to-date[9] - The company reported a significant increase in cash received from operating activities, totaling CNY 74.58 million, due to the expanded scope of the education sector[24] - Cash and cash equivalents at the end of the period amounted to CNY 264.10 million, up 86.56% from the beginning of the year[20] - The cash flow from operating activities generated a net amount of CNY 37,058,230.65, a decrease of 73.3% compared to CNY 138,787,693.19 in the same period last year[57] - Operating cash flow for the third quarter was negative at -45,994,320.35 CNY, compared to a positive 91,811,117.36 CNY in the same period last year, indicating a significant decline in operational performance[59] Shareholder Information - The company reported a total of 35,860 common shareholders at the end of the reporting period[13] - The top shareholder, Suqian Xinxing Investment Co., Ltd., holds 24.16% of the shares, totaling 144,427,514 shares[13] Expenses - Financial expenses rose by 183.74% to CNY 12.48 million, primarily due to increased bank borrowings for investments in the education sector[23] - The financial expenses for the period were CNY 12,475,166.85, significantly higher than CNY 4,396,652.71 in the previous year, marking an increase of about 184.5%[48] - The sales expenses for the period were CNY 54,182,317.20, compared to CNY 49,468,754.84 in the previous year, reflecting an increase of about 9.3%[48] - The management expenses for the period were CNY 107,574,017.29, up from CNY 92,171,145.34 in the previous year, indicating an increase of approximately 16.7%[48] - The tax expenses for the period were CNY 10,593,621.86, compared to CNY 7,308,692.97 in the previous year, which is an increase of about 45.5%[48] Investment Activities - Net cash flow from investment activities was -118,500,651.33 CNY, worsening from -99,978,757.46 CNY in the previous year, indicating higher investment outflows[59] - The total cash outflow for investment activities was 140,852,538.33 CNY, compared to 100,376,407.46 CNY in the same period last year, reflecting increased capital expenditures[59] Other Financial Metrics - Accounts receivable increased by 42.60% to CNY 330.33 million, driven by sales growth in home appliance and photovoltaic glass products[20] - Prepayments surged by 129.40% to CNY 57.43 million, attributed to increased prepayment settlements for glass procurement[20] - The company's inventory decreased to CNY 83,210,839.37 from CNY 106,427,015.78, a decline of 21.8%[37] - The company reported a decrease in cash received from sales of goods and services to CNY 632,545,960.50, down from CNY 665,826,627.21 in the previous year[57] - Total cash inflow from financing activities was 618,547,229.28 CNY, up from 190,000,000.00 CNY in the previous year, reflecting increased borrowing activities[60] Audit Information - The company did not conduct an audit for the third quarter report[61]