CISEN(SH:603367)2017-10-26 16:00Financial Performance - Operating income for the first nine months rose by 14.91% to CNY 1,964,206,195.22 compared to the same period last year[6] - Net profit attributable to shareholders increased by 24.37% to CNY 204,098,701.35 compared to the same period last year[6] - Basic earnings per share increased by 26.09% to CNY 0.58 compared to the same period last year[6] - Total revenue for Q3 2017 reached ¥715,515,631.48, a 39.3% increase from ¥513,557,409.08 in Q3 2016[21] - Net profit attributable to the parent company was ¥76,366,818.20, up from ¥74,725,658.17 in the same period last year, reflecting a growth of 2.1%[22] - The net profit for Q3 2017 was approximately ¥75.86 million, a decrease from ¥77.64 million in the same period last year, representing a decline of about 2.3%[25] Assets and Liabilities - Total assets increased by 43.05% to CNY 4,693,260,654.57 compared to the end of the previous year[6] - The company's total assets increased to CNY 4,693,260,654.57 as of September 30, 2017, up from CNY 3,280,770,757.84 at the beginning of the year, representing a growth of 42.9%[16] - Total assets as of September 30, 2017, amounted to ¥4,541,649,099.47, compared to ¥3,036,716,349.86 at the beginning of the year, indicating a 49.5% increase[19] - The company's total liabilities increased to ¥928,350,894.36 from ¥675,700,809.88, representing a 37.4% rise[19] Cash Flow - Cash flow from operating activities increased by 48.37% to CNY 274,389,293.08 compared to the same period last year[6] - The net cash flow from operating activities improved by 48.37% to CNY 274,389,293.08, reflecting higher cash receipts from sales[16] - The net cash flow from operating activities for the first nine months of 2017 was ¥274.39 million, up from ¥184.93 million, indicating a growth of 48.4%[26] - The financing activities generated a net cash inflow of ¥1.17 billion in Q3 2017, compared to a net outflow of ¥39.87 million in the same period last year, indicating a turnaround in financing strategy[27] Shareholder Information - The number of shareholders reached 95,480 by the end of the reporting period[8] - The company achieved a significant reduction in minority shareholders' equity, which fell by 53.87% to CNY 1,402,768.30, due to losses from its subsidiary[16] Inventory and Expenses - Inventory increased by 59.52% to CNY 514,157,129.26 due to increased stock of raw materials and finished products[9] - The company's sales expenses rose by 50.58% to CNY 425,351,197.91, driven by increased market development costs[16] - Operating expenses for the first nine months of 2017 totaled ¥1,734,960,926.55, up from ¥1,530,816,460.01 in the previous year, reflecting a 13.3% increase[21] - The total operating expenses for the first nine months of 2017 were ¥1.39 billion, an increase from ¥1.12 billion in the same period last year, reflecting a rise of 24.4%[26] Future Plans - The company plans to expand its market presence and enhance product development strategies[9] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[22] - The company plans to continue expanding its market presence and investing in new technologies, as indicated by the substantial cash inflow from financing activities[27] Capital and Reserves - Net assets attributable to shareholders increased by 55.08% to CNY 3,559,738,759.79 compared to the end of the previous year[6] - The capital reserve increased by 115.95% to CNY 1,881,673,568.74, resulting from funds raised during the initial public offering[16] Taxation - The company is undergoing a high-tech enterprise re-certification process, which could lead to a reduced corporate income tax rate of 15% for the next few years[11]