GZBL(SZ:002424)2017-10-24 16:00Financial Performance - Operating revenue for the reporting period was ¥518,921,554.23, up 3.13% from the same period last year, while year-to-date revenue reached ¥1,747,573,474.84, an increase of 14.49%[8] - Net profit attributable to shareholders of the listed company was ¥108,394,920.24, representing a 10.12% increase year-on-year, with year-to-date net profit at ¥347,109,301.19, up 10.43%[8] - Basic earnings per share for the reporting period was ¥0.08, a rise of 14.29% compared to the same period last year[8] - The estimated net profit attributable to shareholders for 2017 is expected to be between 530.55 million and 675.20 million CNY, representing a growth of 10.00% to 40.00% compared to the previous year[20] - The net profit for 2016 attributable to shareholders was 482.32 million CNY[20] - The company attributes the performance growth to stable production operations and a consistent sales team, with ongoing stable growth in sales of major products[20] Assets and Shareholder Information - Total assets at the end of the reporting period reached ¥4,466,384,528.41, an increase of 5.44% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company amounted to ¥3,256,873,296.67, reflecting a growth of 7.79% year-on-year[8] - The total number of common shareholders at the end of the reporting period was 65,183[12] - The top shareholder, Jiang Wei, holds 53.15% of the shares, with 750,080,416 shares, of which 634,708,200 are pledged[12] Cash Flow and Expenses - The net cash flow from operating activities showed a significant decline, reported at -¥318,885,680.52, a decrease of 25,659.70%[8] - Operating cash flow net amount decreased by 25,659.70% to -¥318,885,680.52, reflecting higher operating-related expenditures[16] - Investment cash flow net amount increased by 28.61% to -¥200,906,640.61, resulting from increased investments during the period[16] - Financing cash flow net amount decreased by 69.61% to -¥124,082,874.79, due to higher loan repayments compared to the previous year[16] - Sales expenses increased by 29.46% to ¥531,676,034.45, driven by higher marketing, advertising, and personnel costs[16] - Financial expenses decreased by 40.65% to ¥3,748,006.38, attributed to reduced interest expenses[16] - Other income increased by 107.62% to ¥19,519,862.85, due to gains from debt restructuring[16] Receivables and Prepayments - Accounts receivable increased by 51.25% to ¥990,589,163.16, driven by growth in sales revenue[16] - Prepayments surged by 162.05% to ¥166,759,555.58, attributed to increased asset acquisition payments[16] - Other receivables rose significantly by 626.69% to ¥143,961,921.30, due to an increase in market personnel turnover funds[16] Return on Assets - The weighted average return on net assets was 3.52%, a decrease of 0.13% compared to the previous year[8] - The company reported non-recurring gains and losses totaling ¥18,367,145.34 for the year-to-date period[9]