Nisco(SH:600282)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 3.44 billion, representing a growth of 67.95% year-on-year[7]. - Operating revenue for the period was CNY 33.64 billion, up 24.27% from the same period last year[7]. - The net cash flow from operating activities was CNY 4.35 billion, an increase of 110.98% compared to the previous year[7]. - Basic earnings per share rose to CNY 0.7775, a 67.49% increase year-on-year[7]. - Net profit rose by 93.68% to ¥196,682.35 million, primarily due to an increase in total profit[15]. - Cash flow from operating activities increased by 110.98% to ¥228,700.64 million, attributed to the rise in net profit[15]. - Net profit for Q3 was ¥1,302,389,462.24, representing a 49.7% increase compared to ¥869,524,348.85 in the previous year[33]. - The company reported a total profit of ¥1,719,878,790.87 for Q3, up from ¥987,847,090.21 year-over-year, reflecting strong operational performance[34]. - Total operating revenue for the year-to-date (January to September) reached ¥33,641,499,467.30, compared to ¥27,071,737,757.22 in the same period last year, marking a 24.5% growth[32]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 42.30 billion, an increase of 12.09% compared to the end of the previous year[7]. - Total assets increased to ¥19,115,485,606.04, up from ¥13,992,912,987.55 at the beginning of the year[24]. - Current liabilities rose to CNY 21.91 billion, compared to CNY 21.17 billion in the previous year, reflecting an increase of about 3.5%[25]. - Total liabilities reached CNY 23.04 billion, compared to CNY 22.18 billion, which is an increase of approximately 3.9%[26]. - Shareholders' equity rose to CNY 19.25 billion from CNY 15.56 billion, reflecting an increase of about 23.3%[26]. - Long-term borrowings increased to CNY 859.90 million from CNY 718.76 million, representing a rise of about 19.6%[30]. Cash Flow and Investments - Cash and cash equivalents significantly increased to CNY 4.52 billion from CNY 1.60 billion, marking a growth of approximately 182.5%[28]. - The company reported a net cash outflow from financing activities of CNY 3,430,392,878.95, compared to a net inflow of CNY 1,389,192,684.91 in the same period last year[45]. - Cash inflow from financing activities totaled CNY 7,492,216,635.60, down 23.2% from CNY 9,762,703,781.44 in the previous year[45]. - Investment income grew by 210.15% to ¥5,608.64 million, reversing losses from the previous year[15]. - The company has a remaining balance of ¥1,274,466,052.80 in raised funds, which have not yet been utilized for investment projects[19]. Research and Development - R&D expenses surged by 191.25% to ¥16,745.86 million, reflecting the company's commitment to technological innovation and increased investment in research[15]. - Research and development expenses increased significantly to ¥76,948,030.24, compared to ¥11,426,051.83 in the same quarter last year, indicating a focus on innovation[33]. - Research and development expenses increased significantly to ¥43.44 million, compared to only ¥3.18 million in the same quarter last year[37]. Market and Strategic Focus - The company has not disclosed any new product developments or market expansion strategies in this report[6]. - The company plans to continue expanding its environmental and energy-saving projects, reflecting its strategic focus on sustainability[19]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[34]. Shareholder Information - The total number of shareholders reached 137,623 at the end of the reporting period[9]. - The largest shareholder, Nanjing Steel Group, holds 40.61% of the shares, with 1.80 billion shares pledged[9].