TRT(SH:600085)2018-10-29 16:00Financial Performance - Total assets increased by 8.32% to CNY 20.26 billion compared to the end of the previous year[6] - Net assets attributable to shareholders rose by 6.76% to CNY 8.99 billion year-on-year[6] - Revenue for the first nine months reached CNY 10.48 billion, a 7.09% increase year-on-year[6] - Net profit attributable to shareholders increased by 3.72% to CNY 849.76 million compared to the same period last year[6] - Basic earnings per share rose by 3.85% to CNY 0.620 per share[6] - The weighted average return on equity decreased by 0.45 percentage points to 9.70%[6] - The company reported a net profit margin improvement, with net profit for the year-to-date period increasing alongside revenue growth[27] Shareholder Information - The total number of shareholders reached 66,855 by the end of the reporting period[9] - The largest shareholder, Beijing Tongrentang (Group) Co., Ltd., holds 52.45% of the shares[9] Cash Flow and Investments - Operating cash flow for the first nine months increased by 39.49% to CNY 1.51 billion compared to the same period last year[6] - Net cash flow from operating activities increased by 39.49% to CNY 1,513,223,968.44, driven by higher cash receipts from sales[16] - Net cash flow from investing activities improved, with cash payments related to projects and fixed assets decreasing[16] - Cash flow from operating activities for the first nine months of 2018 was ¥1.51 billion, a 39.5% increase from ¥1.08 billion in the same period last year[34] - The total investment cash outflow for the first nine months of 2018 was ¥578.94 million, down from ¥774.66 million in the same period of 2017[34] Receivables and Payables - Accounts receivable and notes receivable increased by 5.88% to CNY 2,485,945,236.61 compared to the beginning of the year, with accounts receivable rising by 42.23% to CNY 1,668,317,611.74[14] - Other receivables grew by 41.37% to CNY 209,317,670.98, primarily due to an increase in funds receivable during the period[15] - Employee compensation payable increased by 62.44% to CNY 491,103,000.60, reflecting higher unpaid wages and bonuses[15] - Other payables rose by 27.29% to CNY 741,783,159.17, with dividends payable increasing by 45.31% to CNY 23,024,693.45[15] Income and Expenses - The company reported a significant increase in other income by 59.87% to CNY 21,928,316.82, mainly due to increased government subsidies[15] - The company experienced an 83.56% increase in non-operating income to CNY 8,456,964.44, attributed to compensation received for demolition[15] - The total operating costs for Q3 2018 were approximately ¥2.76 billion, an increase from ¥2.33 billion in Q3 2017, representing a growth of 18.3%[28] - The company's sales expenses for the first nine months of 2018 were ¥503.19 million, an increase of 21.6% from ¥413.80 million in the same period last year[30] Assets and Liabilities - The company’s total liabilities increased, with current liabilities totaling CNY 5,025,835,071.75, up from CNY 4,463,129,110.39 at the beginning of the year[20] - Total liabilities increased to ¥6,103,971,393.45, compared to ¥5,540,026,876.44 at the beginning of the year, reflecting a growth of 10.1%[25] - Total equity attributable to shareholders reached ¥8,985,001,631.00, an increase of 6.7% from ¥8,416,085,767.07 at the beginning of the year[25] Research and Development - Research and development expenses increased significantly to ¥34.71 million from ¥11.28 million year-over-year, marking a growth of 208.5%[28] - Research and development expenses increased significantly to ¥23.67 million in Q3 2018, compared to only ¥1.63 million in Q3 2017, reflecting a focus on innovation[30] Comprehensive Income - The comprehensive income total for Q3 2018 was approximately ¥473.12 million, up from ¥323.42 million in Q3 2017, representing a significant increase of 46.3%[29] - Other comprehensive income after tax for Q3 2018 was approximately ¥100.76 million, compared to a loss of ¥45.96 million in Q3 2017, indicating a significant turnaround[29]