SFX(SH:600370)2018-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 21.19% to CNY 46,655,335.11 for the year-to-date period[7] - Operating revenue grew by 13.87% to CNY 868,174,463.13 year-to-date[7] - Basic earnings per share increased by 21.12% to CNY 0.0585[7] - The weighted average return on equity improved by 0.56 percentage points to 3.62%[7] - The net profit attributable to shareholders increased by 21.19% to ¥46,655,335.11 from ¥38,498,671.34, driven by increased sales volume and exchange gains[16] - The net profit attributable to the parent company for Q3 2018 was CNY 15,737,660.97, up 67.5% from CNY 9,426,154.12 in the same period last year[30] - The total comprehensive income for Q3 2018 was CNY 20,143,383.57, an increase of 21.0% from CNY 16,575,941.06 in Q3 2017[30] - The total profit for the first nine months of 2018 was CNY 951,707.83, a recovery from a loss of CNY 19,049,225.07 in the same period last year[33] Cash Flow - Net cash flow from operating activities surged by 107.21% to CNY 60,593,651.92 year-to-date[7] - Operating cash flow increased by 107.21% to ¥60,593,651.92 from ¥29,242,344.34, primarily due to higher sales revenue and increased export tax refunds[16] - The cash inflow from operating activities for the first nine months of 2018 was CNY 673,887,983.70, up 16.9% from CNY 576,167,834.60 in the same period last year[36] - Net cash flow from operating activities for Q3 2018 was ¥60,593,651.92, compared to ¥29,242,344.34 in Q3 2017, indicating a significant increase[37] - Total cash inflow from operating activities for the first nine months of 2018 reached ¥318,846,761.87, up from ¥293,336,450.87 in the same period last year, reflecting a growth of approximately 8.5%[38] - The company reported a net cash flow from operating activities of -¥33,376,561.87 for the first nine months of 2018, an improvement from -¥39,784,314.63 in the same period last year[38] Assets and Liabilities - Total assets increased by 4.76% to CNY 1,833,222,800.70 compared to the end of the previous year[7] - Total liabilities amounted to CNY 121,329,490.87, up from CNY 107,703,319.09, reflecting a year-over-year increase of 12.6%[26] - Shareholders' equity decreased to CNY 1,044,320,748.45 from CNY 1,059,313,925.22, a decline of 1.4%[26] - Current assets totaled CNY 635,014,542.55, a marginal increase from CNY 625,557,772.83 at the start of the year[25] - Cash and cash equivalents increased to CNY 277,043,741.28 from CNY 213,392,960.51, representing a growth of 29.9%[24] - Accounts receivable decreased slightly to CNY 132,135,640.38 from CNY 133,754,255.55, a decline of 1.2%[24] - Inventory increased significantly to CNY 217,966,624.09 from CNY 161,279,157.16, marking a rise of 35.1%[25] Expenses - Research and development expenses decreased by 50.44% to ¥8,058,569.88 from ¥16,259,093.94, reflecting reduced investment in R&D[16] - Tax and additional charges increased by 31.94% to ¥5,211,152.54 from ¥3,949,509.02, linked to higher company profits[16] - The company reported a decrease in sales expenses to CNY 2,051,945.28 in Q3 2018 from CNY 1,451,140.47 in Q3 2017, suggesting improved efficiency[32] Shareholder Information - The largest shareholder, Jiangsu Sanfangxiang Group Co., Ltd., holds 50.33% of the shares, with 401,229,900 shares pledged[12] - The total number of shareholders at the end of the reporting period was not disclosed[13] Other Financial Metrics - The company reported a government subsidy of CNY 362,100.00 for the year-to-date period[9] - The company's net profit from non-recurring items was negative CNY 204,321.05 for the year-to-date period[9] - Other current assets increased by 109.58% to ¥5,155,388.00 from ¥2,459,848.44, due to increased deductible input tax[15] - Pre-receipts increased by 154.78% to ¥26,491,405.47 from ¥10,397,578.13, reflecting an increase in customer advance payments[15]