LYCG(SH:600491)2018-10-26 16:00Financial Performance - Operating revenue for the first nine months reached CNY 15.13 billion, a 20.49% increase year-on-year[6] - Net profit attributable to shareholders increased by 52.95% to CNY 557.58 million compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses rose by 76.39% to CNY 545.53 million year-on-year[6] - Basic earnings per share increased by 24.14% to CNY 0.36[6] - The company's operating revenue for Q3 2018 was CNY 4,210,241,411.50, an increase from CNY 4,095,344,015.67 in the same period last year, representing a growth of approximately 2.8%[31] - The net profit attributable to the parent company for Q3 2018 was CNY 173,315,860.23, compared to CNY 116,358,246.50 in Q3 2017, marking a year-over-year increase of about 48.9%[33] - The total comprehensive income for Q3 2018 was CNY 173,315,860.23, up from CNY 116,358,246.50 in the previous year, indicating a growth of approximately 48.9%[33] Assets and Liabilities - Total assets increased by 28.70% to CNY 47.99 billion compared to the end of the previous year[6] - The total assets as of Q3 2018 amounted to ¥38,110,346,150.33, an increase from ¥31,284,007,564.32 in the previous year[24] - Current liabilities totaled ¥28,008,678,022.18, up from ¥24,622,847,232.71 in the same period last year, indicating a rise of 9.7%[24] - The total liabilities as of Q3 2018 were ¥28,451,770,908.64, compared to ¥25,090,888,469.73 in Q3 2017, showing an increase of 9.4%[24] Shareholder Information - Net assets attributable to shareholders increased by 58.13% to CNY 9.30 billion compared to the end of the previous year[6] - The total number of shareholders reached 46,266[8] - The company has implemented an employee stock ownership plan, purchasing 22.49 million shares, representing 1.78% of the total issued share capital[10] Cash Flow - The company reported a net cash flow from operating activities of CNY -705.85 million, an improvement from CNY -814.74 million in the same period last year[6] - Cash inflow from operating activities was CNY 21,166,329,192.14, a significant increase from CNY 16,662,358,142.70 in the previous year[36] - Cash outflow for purchasing goods and services was CNY 7,416,819,728.46, compared to CNY 6,626,923,132.45 in the previous year[36] - The company reported a net cash flow from investment activities of negative CNY 1,136,266,165.75, slightly improved from negative CNY 1,260,866,469.21 last year[36] - Net cash flow from financing activities was CNY 6,863,986,080.10, up 88.5% from CNY 3,643,941,402.80 year-over-year[35] Investment and Expenses - Research and development expenses for Q3 2018 were ¥21,346,133.68, up from ¥12,124,656.83 in Q3 2017, reflecting a year-over-year increase of 76%[27] - The company's financial expenses for Q3 2018 were CNY 29,376,636.19, compared to CNY 27,342,901.11 in Q3 2017, indicating an increase in financing costs[31] - The income tax expense for Q3 2018 was CNY 55,595,718.30, up from CNY 43,072,748.82 in Q3 2017, reflecting higher profitability[32] Future Outlook - The company forecasts a significant increase in cumulative net profit compared to the same period last year, mainly due to the profit contribution from PPP business revenue[14]