XZB(SH:603040)2018-10-24 16:00Financial Performance - Net profit attributable to shareholders rose by 7.51% to CNY 78,961,177.80 for the year-to-date period[6] - Operating revenue for the year-to-date period increased by 16.09% to CNY 219,452,731.56 compared to the same period last year[6] - The company reported no significant changes in net profit expectations compared to the previous year[11] - Net profit for Q3 2018 was ¥28,558,413.84, a decrease of 3.6% from ¥29,631,696.00 in Q3 2017[24] - Net profit for the first nine months of 2018 was ¥83,445,677.61, up 13.5% from ¥73,447,885.77 in the same period last year[26] Assets and Liabilities - Total assets increased by 8.75% to CNY 732,108,385.65 compared to the end of the previous year[6] - Total current assets decreased slightly to ¥464,300,076.24 from ¥465,227,622.37 at the beginning of the year[14] - Total assets as of the end of Q3 2018 amounted to ¥721,493,538.73, compared to ¥663,436,338.44 at the end of Q3 2017, indicating a growth of 8.7%[20] - Total liabilities decreased to ¥67,566,217.55 from ¥80,264,758.38[16] - Total liabilities decreased to ¥64,247,132.70 in Q3 2018 from ¥79,548,017.62 in Q3 2017, a reduction of 19.2%[20] - Shareholders' equity increased to ¥664,542,168.10 from ¥592,947,080.40[16] - Shareholders' equity increased to ¥657,246,406.03 in Q3 2018 from ¥583,888,320.82 in Q3 2017, reflecting an increase of 12.6%[20] Cash Flow - Cash flow from operating activities decreased by 8.20% to CNY 73,431,900.57 for the year-to-date period[6] - Cash flow from operating activities for the first nine months was ¥73,431,900.57, a decrease of 8.5% from ¥79,990,794.19 in the same period last year[29] - Operating cash inflow for the year-to-date period reached ¥221,755,285.61, an increase of 18.1% compared to ¥187,748,026.48 in the same period last year[32] - Net cash flow from operating activities decreased to ¥75,118,873.20, down 6.5% from ¥79,990,794.19 year-on-year[32] - The ending cash and cash equivalents balance was ¥89,180,010.31, down from ¥186,252,805.39 at the end of the previous year[30] - The ending cash and cash equivalents balance decreased to ¥49,956,042.20 from ¥186,252,805.39, reflecting a decline of 73.2%[33] Expenses - Research and development expenses increased by 62.24% to CNY 16,694,305.90, primarily due to higher labor and material costs[10] - Management expenses surged by 85.46% to CNY 31,069,838.31, mainly due to increased stock incentive costs and employee compensation[10] - Research and development expenses for Q3 2018 were ¥5,109,129.14, up 54.0% from ¥3,319,435.58 in Q3 2017[23] - Sales expenses decreased to ¥7,906,703.65 for the first nine months, down 9.2% from ¥8,708,268.37 in the same period last year[25] Investment Activities - Investment income increased to ¥6,261,867.10, up 306.21% due to higher returns from financial products[11] - The company reported a net cash outflow from investing activities of ¥67,720,712.34 for the first nine months, an improvement from a net outflow of ¥174,908,047.25 in the previous year[30] - Total cash inflow from investment activities was ¥1,045,856,873.57, significantly higher than ¥167,577,334.25 in the previous year, marking a growth of 524.5%[33] - Cash outflow from investment activities totaled ¥1,139,472,157.77, compared to ¥342,485,381.50 last year, resulting in a net cash flow from investment activities of -¥93,615,284.20[33] - The company reported a cash inflow of ¥1,036,491,079.11 from other investment-related activities, which was not present in the previous year[32] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]