SDWH(SH:600241)2018-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 680,663,809.94, a decline of 32.99% compared to CNY 1,015,830,067.71 in the same period last year[7]. - Net profit attributable to shareholders was CNY -31,845,959.96, compared to a profit of CNY 17,412,300.37 in the previous year, indicating a significant downturn[7]. - The company reported a basic earnings per share of CNY -0.11, down from CNY 0.08 in the previous year[8]. - Total operating revenue for Q3 2018 was ¥102,777,772.98, a significant decrease from ¥495,757,088.75 in the same period last year, representing a decline of approximately 79.3%[33]. - The net profit for Q3 2018 reached CNY 33,979,791.79, compared to CNY 16,694,595.31 in Q3 2017, indicating a growth of approximately 103.5%[36]. - The company's operating profit for the first nine months of 2018 was CNY 39,732,621.32, a significant increase from CNY 9,784,939.84 in the same period last year[36]. - The total comprehensive income for the third quarter was CNY 33,979,791.79, compared to CNY 39,750,624.38 in the previous year, reflecting a decrease of approximately 14.3%[37]. - Basic and diluted earnings per share for the quarter were both CNY 0.12, up from CNY 0.07 in the same period last year, representing a growth of 71.4%[37]. Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of CNY -136,817,973.12, an improvement from CNY -186,143,131.25 in the previous year[7]. - The company's cash and cash equivalents decreased by 57.78%, ending at CNY 462,773,328.22[12]. - Cash inflows from operating activities for the first nine months were CNY 692,308,371.00, down 30.6% from CNY 996,926,242.24 in the previous year[40]. - Cash outflows from operating activities totaled CNY 829,126,344.12, a decrease of 29.9% compared to CNY 1,183,069,373.49 last year[40]. - The net cash flow from operating activities was negative CNY 136,817,973.12, an improvement from negative CNY 186,143,131.25 in the previous year[40]. - Cash inflows from investment activities were CNY 144,809,492.74, down 34.7% from CNY 221,559,542.19 last year[41]. - The net cash flow from investment activities was negative CNY 295,765,355.54, compared to positive CNY 108,030,828.78 in the previous year[41]. - Cash inflows from financing activities were CNY 126,771,550.51, a significant decrease of 67.5% from CNY 388,851,606.94 last year[41]. - The net cash flow from financing activities was negative CNY 156,004,330.41, worsening from negative CNY 114,508,902.67 in the previous year[41]. - The ending balance of cash and cash equivalents was CNY 279,373,328.22, compared to CNY 248,251,706.11 at the end of the previous year, indicating a slight increase[41]. Assets and Liabilities - Total assets decreased by 15.28% from the end of the previous year, amounting to CNY 2,408,490,470.43[7]. - Long-term borrowings decreased by 75.71%, amounting to CNY 48,498,360.00[12]. - Non-current liabilities decreased significantly, with long-term borrowings down to CNY 48,498,360.00 from CNY 199,684,913.05[26]. - Total liabilities as of September 30, 2018, were ¥643,373,931.53, compared to ¥631,386,765.12 at the beginning of the year, reflecting a marginal increase of approximately 1.6%[31]. - The total equity attributable to shareholders was ¥1,486,215,821.36, up from ¥1,452,351,239.28 at the beginning of the year, indicating an increase of approximately 2.3%[31]. Research and Development - R&D expenses increased by 40.84% to CNY 14,259,424.42, reflecting increased investment in battery manufacturing[16][17]. - Research and development expenses for the first nine months of 2018 were ¥14,259,424.42, compared to ¥10,124,889.14 in the same period last year, representing an increase of about 40.5%[33]. Investment Activities - Investment income surged by 559.15% to CNY 19,065,417.44, primarily due to gains from the transfer of a trading subsidiary[16][17]. - The company reported a total of CNY 22,364,513.58 in investment income for the first nine months of 2018, compared to CNY 22,639,461.09 in the same period last year[36]. Shareholder Information - The number of shareholders reached 15,432, with the largest shareholder holding 48.63% of the shares[10].