ERDOS(SH:600295)2018-10-30 16:00Financial Performance - Operating income rose by 17.42% to CNY 18.04 billion for the first nine months of the year[8] - Net profit attributable to shareholders increased by 51.94% to CNY 495.22 million compared to the same period last year[8] - Basic earnings per share increased by 37.14% to CNY 0.48[9] - The weighted average return on equity improved by 1.30 percentage points to 6.16%[9] - Total operating revenue for Q3 2018 reached ¥7,592,184,098, an increase of 34.5% compared to ¥5,631,669,680.72 in Q3 2017[39] - Net profit for Q3 2018 was ¥347,807,235.62, a decrease of 8.7% from ¥381,416,392.35 in Q3 2017[41] - The total profit for the first nine months of 2018 was ¥1,086,853,269.43, compared to ¥118,240,162.74 in the same period last year[45] Cash Flow - Cash flow from operating activities surged by 158.77% to CNY 6.33 billion year-to-date[8] - Operating cash inflow for Q3 2018 was CNY 23.85 billion, an increase of 47.5% compared to CNY 16.17 billion in the same period last year[49] - Cash received from operating activities for the first nine months of 2018 was CNY 1.77 billion, a 17% increase from CNY 1.51 billion in the same period last year[51] - The net cash flow from investing activities was -¥753,840,149.42, a decrease of 94.08% year-on-year, mainly due to increased expenditures on fixed asset purchases[28] - Net cash outflow from investing activities was CNY -753.84 million, worsening from CNY -388.42 million year-over-year[50] - Net cash flow from financing activities was CNY -2.38 billion, compared to CNY -1.65 billion in the previous year, indicating increased financing costs[50] Assets and Liabilities - Total assets increased by 5.01% to CNY 48.37 billion compared to the end of the previous year[8] - Current assets rose to CNY 19.14 billion, up from CNY 15.62 billion, marking an increase of about 22.99%[32] - Total liabilities rose to CNY 33.73 billion from CNY 32.23 billion, an increase of about 4.66%[33] - Current liabilities increased to CNY 29.27 billion from CNY 27.11 billion, representing a growth of approximately 8.00%[33] - Long-term borrowings decreased to CNY 2.90 billion from CNY 3.59 billion, a decline of about 19.23%[33] - The total assets of the company increased to ¥17,307,142,208.86 in Q3 2018, compared to ¥15,219,357,491.89 in Q3 2017[37] Shareholder Information - The total number of shareholders reached 70,643 by the end of the reporting period[12] - The largest shareholder, Inner Mongolia Erdos Cashmere Group, holds 40.70% of the shares[12] Research and Development - Research and development expenses increased by 42.09% to ¥37,001,350.83, primarily due to increased R&D investments[25] - Research and development expenses for Q3 2018 were ¥23,265,400.20, significantly higher than ¥8,051,284.68 in Q3 2017, indicating a focus on innovation[40] Other Income and Expenses - Non-operating income included government subsidies amounting to CNY 54.81 million year-to-date[10] - Other income increased by 150.44% to ¥71,716,402.26, mainly due to increased government subsidies[25] - Financial expenses for Q3 2018 were ¥144,671,693.46, slightly up from ¥144,132,971.31 in Q3 2017, indicating ongoing investment in operations[45] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[39] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[46]