凌云股份(600480) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months reached CNY 9,117,151,624.81, a 6.63% increase year-on-year[8] - Net profit attributable to shareholders decreased by 24.21% to CNY 220,150,857.07 compared to the same period last year[8] - Basic earnings per share decreased by 23.44% to CNY 0.49[8] - The company's total profit for the first nine months was approximately $511.72 million, down from $589.14 million in the previous year, representing a decrease of 13.1%[33] - Net profit for Q3 was approximately $81.28 million, down from $115.18 million in the same quarter last year, reflecting a decrease of 29.4%[34] - The total comprehensive income for Q3 was approximately $97.46 million, compared to $111.95 million in the same quarter last year, reflecting a decrease of 12.9%[34] Assets and Liabilities - Total assets increased by 13.76% to CNY 13,481,849,268.81 compared to the end of the previous year[8] - Total liabilities increased to CNY 7.79 billion, up from CNY 6.50 billion, representing a growth of approximately 19.7% year-over-year[27] - Current liabilities totaled CNY 6.48 billion, compared to CNY 6.08 billion at the beginning of the year, reflecting an increase of about 6.5%[27] - Non-current liabilities rose significantly to CNY 1.31 billion from CNY 419.11 million, marking a substantial increase of approximately 212.5%[27] - The company's total equity rose to CNY 5.70 billion from CNY 5.35 billion, an increase of approximately 6.5%[27] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -744,713,707.29, compared to CNY -262,306,626.05 in the previous year[8] - Cash flow from operating activities decreased by 482,407,081.24 yuan compared to the same period last year, primarily due to intensified competition in the automotive market and increased procurement and labor costs[21] - The net cash flow from financing activities increased by 306,499,880.55 yuan year-on-year, reflecting the company's rapid growth and increased external financing needs[22] - The cash flow from operating activities showed a net outflow of approximately ¥744.71 million, compared to a smaller outflow of ¥262.31 million in the same period last year[40] - The net cash flow from financing activities improved to ¥311,266,320.69, up from ¥34,198,008.56, showing a significant increase of approximately 810%[44] Inventory and Receivables - Accounts receivable increased by 82.12% to CNY 2,826,898,724.61 from the beginning of the year[13] - Inventory rose by 36.53% to CNY 2,152,947,600.68 compared to the beginning of the year[13] - As of the end of the reporting period, accounts receivable increased by 82.12% compared to the beginning of the year, primarily due to the expansion of the company's business scale[14] - As of the end of the reporting period, inventory increased by 36.53% compared to the beginning of the year, mainly due to the growth in sales scale and increased stock[14] Expenses and Costs - Financial expenses increased by 42.26% year-on-year, mainly due to significant depreciation of the RMB and an increase in interest expenses from growing interest-bearing liabilities[18] - Total operating costs for Q3 were approximately $2.71 billion, up from $2.64 billion in the previous year, indicating a year-over-year increase of 2.5%[33] - Research and development expenses for the first nine months reached approximately $303.20 million, an increase of 24% compared to $244.27 million in the same period last year[33] - Research and development expenses increased to ¥11.14 million, up 5.68% from ¥10.54 million in Q3 2022, reflecting the company's commitment to innovation[36] Future Plans - The company plans to expand its market presence and invest in new product development to drive future growth[27] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36] Shareholder Information - The total number of shareholders reached 50,694 at the end of the reporting period[11]