DHKJ(SH:600288)2018-10-18 16:00Financial Performance - Net profit attributable to shareholders surged by 509.12% to CNY 31,599,908.56 for the first nine months of the year[6] - Operating revenue for the first nine months rose by 12.90% to CNY 2,309,014,255.61 compared to the same period last year[6] - Basic earnings per share increased by 507.56% to CNY 0.0723[7] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching CNY 24,363,443.27[6] - Total revenue for Q3 2018 reached ¥959,302,583.66, an increase of 21.4% compared to ¥790,161,195.08 in Q3 2017[28] - The net profit for Q3 2018 was ¥15,724,806.07, compared to ¥7,860,311.69 in Q3 2017, indicating a year-over-year increase of about 100.5%[30] - The total profit for Q3 2018 reached ¥22,628,916.41, up from ¥16,827,697.90 in Q3 2017, marking a growth of approximately 34.0%[30] - The total profit for the first nine months of 2018 was ¥66,549,527.06, compared to ¥44,916,248.89 in the same period last year, reflecting a growth of approximately 48.0%[34] Assets and Liabilities - Total assets increased by 1.25% to CNY 3,179,249,754.88 compared to the end of the previous year[6] - The company's total assets reached ¥3,179,249,754.88, up from ¥3,139,955,397.60[23] - Total current assets amounted to ¥2,170,965,426.84, a slight increase from ¥2,142,654,399.73[21] - Inventory increased to ¥763,281,814.59 from ¥620,058,396.63, indicating a growth in stock levels[21] - Total liabilities increased to ¥1,267,291,759.62 from ¥1,219,597,609.90, reflecting a rise in financial obligations[23] - The total liabilities decreased to ¥52,931,225.30 from ¥54,702,806.03, a reduction of 3.2%[26] - Shareholders' equity increased to ¥1,367,120,109.12 from ¥1,311,053,782.06, indicating a growth of 4.3%[26] Cash Flow - The net cash flow from operating activities was negative at CNY -166,064,432.01, compared to CNY -115,244,250.40 in the previous year[6] - The cash inflow from operating activities for the first nine months of 2018 was CNY 2,511,914,330.89, an increase of 15.3% compared to CNY 2,177,072,377.68 in the same period last year[36] - The net cash flow from operating activities was negative at CNY -166,064,432.01 for Q3 2018, worsening from CNY -115,244,250.40 in Q3 2017[37] - The total cash inflow from operating activities for the first nine months of 2018 was CNY 95,212,909.14, slightly higher than CNY 90,007,320.34 in the same period last year[40] - The company reported a net cash flow from operating activities of CNY -18,050,816.32 for the first nine months of 2018, compared to a positive cash flow of CNY 453,736.79 in the same period last year[40] - The cash inflow from investment activities for the first nine months of 2018 was CNY 43,862,408.57, while the cash outflow was CNY 137,074,700.76, leading to a net cash flow of CNY -93,212,292.19[40] Shareholder Information - The total number of shareholders reached 45,111 by the end of the reporting period[11] - The largest shareholder, Zheng Suzhen, holds 29.75% of the shares, totaling 129,960,000 shares[11] Investment and Expenses - Investment income rose by 49.45% to ¥69,279,532.13 from ¥46,356,667.15, attributed to increased profits from joint ventures[16] - Non-operating income decreased by 85.73% to ¥871,790.63 from ¥6,110,083.59, primarily due to a reduction in government subsidies[16] - Research and development expenses for Q3 2018 were ¥4,579,745.01, a decrease from ¥7,589,970.49 in the same quarter last year, showing a reduction of approximately 39.5%[33] - The company's operating costs for Q3 2018 were ¥19,060,486.48, up from ¥17,242,383.88 in Q3 2017, which is an increase of approximately 10.6%[33] - The investment income for Q3 2018 was ¥10,214,615.38, compared to ¥14,299,485.52 in Q3 2017, indicating a decrease of about 28.8%[33] Cash and Equivalents - Cash and cash equivalents decreased by 48.87% to ¥334,619,701.19 from ¥654,393,113.12, primarily due to loan repayments, tax payments, and financial product purchases[13] - The company's cash and cash equivalents decreased to ¥17,640,915.91 from ¥139,388,568.75 at the beginning of the year, a decline of 87.3%[24] - The ending cash and cash equivalents balance for Q3 2018 was CNY 17,640,915.91, down from CNY 115,838,318.87 in Q3 2017[41] - The company experienced a decrease in cash and cash equivalents by CNY 121,747,652.84 in Q3 2018, compared to a decrease of CNY 22,431,222.04 in Q3 2017[41]