ST海越(600387) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥16,601,238,707.37, representing a significant increase of 121.52% year-on-year[6] - Net profit attributable to shareholders was ¥290,799,367.33, a remarkable increase of 594.79% compared to the same period last year[6] - Basic earnings per share rose to ¥0.62, compared to a loss of ¥0.15 in the same period last year, reflecting a 513.33% improvement[6] - The company's net profit attributable to shareholders increased significantly, driven by the profit growth of its subsidiary, Ningbo Haiyue New Materials Co., Ltd.[13] - The net profit for minority shareholders was CNY 101,968,471.36, an increase of 211.03% compared to the previous year[14] - Total revenue for the period reached CNY 6,321,410,548.04, a significant increase from CNY 2,569,127,214.60 in the same period last year, representing a growth of approximately 146.5%[26] - Net profit for the period was CNY 71,650,922.14, a recovery from a net loss of CNY 125,096,661.13 in the same period last year[27] - Total comprehensive income attributable to the parent company was ¥17.46 million, a significant improvement from a loss of ¥25.89 million in the same period last year[31] Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,944,040,814.55, an increase of 0.86% compared to the end of the previous year[6] - Current liabilities decreased to CNY 4,387,143,278.81 from CNY 4,655,623,457.46, indicating improved financial management[19] - The company's total assets increased to CNY 3,574,683,262.43 from CNY 3,382,419,131.38 at the beginning of the year, marking a growth of approximately 5.7%[24] - The total liabilities decreased to CNY 942,091,873.61 from CNY 1,019,737,096.14, showing a reduction of approximately 7.6%[24] - The company's equity increased to CNY 2,632,591,388.82, up from CNY 2,362,682,035.24, reflecting a growth of about 11.4%[24] Cash Flow - Cash flow from operating activities for the first nine months was ¥743,760,465.28, a substantial increase from ¥3,511,422.99 in the previous year[6] - Cash flow from operating activities saw a substantial rise to CNY 743,760,465.28, up 21,081.17% compared to the previous year[14] - Cash flow from investing activities was CNY 510,294,578.48, a remarkable increase of 687.02% year-on-year, primarily due to the disposal of debts and equity stakes[14] - The company reported a significant increase in cash received from sales, totaling approximately ¥19.62 billion for the first nine months of 2018, compared to ¥8.82 billion in the same period of 2017[35] - Total cash inflow from operating activities was 2,199,204,238.40 RMB, down from 4,700,170,973.62 RMB year-on-year[39] - The net increase in cash and cash equivalents for the period was 277,110,156.97 RMB, compared to a decrease of -81,920,750.20 RMB last year[40] Shareholder Information - Net assets attributable to shareholders increased by 16.98% to ¥2,665,445,890.56 compared to the end of the previous year[6] - The total number of shareholders at the end of the reporting period was 25,355[10] - The largest shareholder, Zhejiang Haiyue Technology Co., Ltd., held 19.31% of the shares, with a significant portion pledged[10] Costs and Expenses - The operating cost for the same period was ¥15,730,485,311.01, which is a 121.75% increase from ¥7,093,772,529.19 year-on-year[13] - The company reported a 206.93% increase in taxes and surcharges, amounting to ¥70,806,383.62, due to increased VAT payments[13] - The financial expenses rose by 89.05% to ¥241,605,100.80, influenced by exchange losses and the inclusion of financial costs from a subsidiary[13] - Total operating costs amounted to CNY 6,305,399,739.40, compared to CNY 2,644,020,675.26 in the previous year, reflecting an increase of about 138.5%[26] Investment and Other Income - The company reported non-recurring gains of ¥54,291,880.92 for the current period, contributing to overall profitability[9] - The company's investment income for Q3 2018 was CNY 218,170,097.71, an increase of 585.02% compared to the previous year[14] - Fair value changes resulted in a gain of CNY 22,359,607.63, a turnaround from a loss of CNY 12,810,299.40 in the same period last year, reflecting a 274.54% increase[14] - The company reported an investment income of CNY 67,425,429.95, compared to CNY 2,047,126.30 in the same period last year, representing a substantial increase[26] Research and Development - Research and development expenses for the period were CNY 35,875,204.31, down from CNY 72,498,721.69 in the previous year, indicating a decrease of approximately 50.5%[26]