TCKG(SH:600112)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months decreased by 12.75% to CNY 417,261,187.88 compared to the same period last year[5]. - Net profit attributable to shareholders surged by 384.38% to CNY 81,351,105.51 year-on-year[5]. - Basic and diluted earnings per share increased by 384.24% to CNY 0.1598[6]. - Total operating revenue for Q3 2018 reached ¥154,492,730.84, a 39.6% increase from ¥110,631,153.28 in Q3 2017[24]. - Net profit for Q3 2018 was ¥111,000,395.69, compared to a net loss of ¥13,331,667.49 in Q3 2017[25]. - Earnings per share for Q3 2018 was ¥0.2180, a significant improvement from a loss of ¥0.0262 per share in Q3 2017[26]. - Operating revenue for the first nine months reached CNY 131,181,750.16, a decrease from CNY 638,862,856.86 in the same period last year[32]. - Net profit for the third quarter was CNY 258,746,517.76, compared to a net loss of CNY 22,049,933.96 in the same quarter last year[29]. - Basic earnings per share for the third quarter were CNY 0.5081, compared to a loss per share of CNY 0.0433 in the same quarter last year[29]. Assets and Liabilities - Total assets decreased by 6.10% to CNY 2,615,628,906.53 compared to the end of the previous year[5]. - The company's total equity increased to ¥1,182,470,747.81 from ¥914,341,010.38 year-over-year[23]. - The total equity attributable to shareholders increased from CNY 1,155,513,947.05 to CNY 1,269,016,640.14, reflecting a growth of about 9.8%[20]. - The company's total liabilities decreased significantly, with short-term borrowings down by 38.33% from CNY 869,000,000.00 to CNY 535,920,000.00[11]. - Current liabilities decreased from CNY 1,414,507,294.71 to CNY 1,264,348,399.71, a reduction of about 10.6%[19]. - Non-current liabilities decreased from CNY 215,991,322.22 to CNY 82,623,339.86, a reduction of about 61.7%[19]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 15,395,282.36, worsening by 8.92% compared to the previous year[5]. - The net cash flow from operating activities for the year-to-date period is -154,193,172.06, a significant decline compared to 10,066,866.08 in the same period last year[36]. - Cash inflow from operating activities was 18,882,861.88, compared to 268,199,100.34 in the previous year, indicating a decrease of approximately 92%[36]. - Cash outflow for operating activities was 173,076,033.94, a decrease from 258,132,234.26 year-over-year[36]. - Investment activities generated a net cash inflow of CNY 167,981,605.91, compared to CNY 49,376,341.39 in the previous year[33]. - The net cash flow from financing activities was -74,643,478.66, improving from -153,789,823.58 in the previous year[37]. Shareholder Information - The total number of shareholders reached 54,482 by the end of the reporting period[9]. - The largest shareholder, Yinhai Tiancheng Group, holds 18.34% of the shares, totaling 93,403,800 shares[9]. Investment and Expenses - The company reported non-operating income of CNY 165,452,356.24 for the current period[8]. - The company reported a significant increase in sales expenses by 37.14%, from CNY 48,868,054.52 to CNY 67,017,655.46, due to increased market investment[12]. - The company’s investment income rose by 170.21% from CNY 61,400,176.15 to CNY 165,907,975.68, primarily from the disposal of subsidiaries[12]. - Management expenses increased to CNY 10,517,563.09 in the third quarter, up from CNY 4,385,871.37 in the same period last year[28]. Other Financial Metrics - The company has not disclosed any new product developments or market expansion strategies in this report[4]. - The company's cash and cash equivalents decreased by 68.71% from CNY 187,122,450.14 at the beginning of the year to CNY 58,556,423.31 due to the disposal of subsidiaries[11]. - Accounts receivable decreased by 59.46% from CNY 452,061,992.50 to CNY 183,255,619.36, primarily due to the disposal of subsidiaries[11]. - Other receivables increased by 316.88% from CNY 130,906,672.16 to CNY 545,727,304.34, attributed to receivables from the disposal of subsidiary equity and increased market investment[11]. - The company reported a 240.21% increase in net cash flow from investing activities, rising from CNY 49,376,341.39 to CNY 167,981,605.91, mainly due to proceeds from the disposal of subsidiary equity[12].