ZJJH(SH:600160)2018-10-26 16:00Financial Performance - Net profit attributable to shareholders rose by 104.66% to CNY 1,653,050,730.67 for the first nine months of the year[6]. - Operating revenue for the first nine months increased by 19.47% to CNY 11,974,612,057.26 compared to the same period last year[6]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which rose by 90.05% to CNY 1,494,671,366.33[6]. - Basic earnings per share increased by 104.76% to CNY 0.602[7]. - The company reported a total profit of ¥737,113,276.26 for Q3 2018, compared to ¥361,213,221.93 in Q3 2017, marking a growth of 104.4%[32]. - Net profit for Q3 2018 was ¥602,264,612.86, representing a significant increase of 111.73% from ¥284,847,985.94 in Q3 2017[32]. - Total comprehensive income for the first nine months of 2018 was ¥451,289,053.20, up 91.8% from ¥235,163,378.75 in the same period last year[37]. Assets and Liabilities - Total assets increased by 24.40% to CNY 16,108,090,141.22 compared to the end of the previous year[6]. - Total liabilities increased, with short-term borrowings rising by 80.07% to CNY 465,076,000.00 from CNY 258,273,272.65, reflecting increased bank loans by subsidiaries[15]. - Total liabilities amounted to ¥3,520,757,871.58, up from ¥2,066,814,941.36, which is an increase of approximately 70.5%[23]. - Shareholders' equity reached ¥12,587,332,269.64, compared to ¥10,881,940,807.05 at the beginning of the year, representing an increase of about 15.7%[23]. - Total assets as of the end of Q3 2018 amounted to ¥12,685,926,636.97, an increase from ¥11,632,351,084.25 at the end of Q3 2017[31]. Cash Flow - The net cash flow from operating activities surged by 153.81% to CNY 2,276,963,845.27 year-to-date[6]. - Cash inflow from operating activities for the first nine months of 2018 was CNY 4,600,374,436.14, compared to CNY 3,777,403,063.36 in the same period last year, reflecting a growth of about 22%[39]. - The net increase in cash and cash equivalents for Q3 2018 was CNY 950,556,368.40, compared to a decrease of CNY 221,816,496.54 in Q3 2017[38]. - Total cash inflow from investment activities in Q3 2018 reached CNY 4,587,796,869.48, compared to CNY 1,309,623,663.68 in the same period last year, indicating an increase of about 250%[38]. - Cash outflow from investment activities totaled CNY 5,509,598,823.48 in Q3 2018, up from CNY 2,115,677,467.85 in Q3 2017, representing an increase of approximately 160%[38]. Shareholder Information - The total number of shareholders reached 75,576 by the end of the reporting period[12]. - The largest shareholder, Juhua Group Co., Ltd., holds 38.65% of the shares[12]. Research and Development - Research and development expenses increased by 102.35% to CNY 376,910,410.77 from CNY 186,265,790.16, indicating a significant investment in innovation[15]. - Research and development expenses for Q3 2018 were ¥29,044,465.94, an increase of 57.5% from ¥18,469,749.25 in Q3 2017[31]. Future Outlook - The company anticipates a significant increase in cumulative net profit compared to the same period last year due to improved industry competition and higher product prices[17]. - The company plans to continue expanding its market presence and investing in new technologies to enhance competitiveness[17]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32].