ST康美(600518) - 2018 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 22.10% to CNY 3.85 billion year-on-year[6] - Operating revenue for the first nine months reached CNY 25.43 billion, a growth of 30.31% compared to the same period last year[6] - Basic earnings per share increased by 22.45% to CNY 0.780[6] - The weighted average return on equity improved by 1.08 percentage points to 12.58%[6] - Total revenue for the period reached 25,428,430,598.31 RMB, up 30.31% from the previous period[14] - Net profit for Q3 2018 was ¥1,238,361,430.51, representing a 24.1% increase compared to ¥997,631,901.69 in Q3 2017[33] - The total comprehensive income for Q3 2018 was ¥1,228,952,765.83, compared to ¥1,002,024,258.50 in Q3 2017, indicating a 22.6% increase[34] - The company's operating revenue for the first nine months of 2018 reached ¥20,988,048,238.57, a 25.0% increase compared to ¥16,801,694,641.57 in the same period last year[35] Assets and Liabilities - Total assets increased by 19.05% to CNY 81.81 billion compared to the end of the previous year[6] - Total current assets increased to ¥65.49 billion from ¥56.48 billion, a growth of approximately 16.4%[24] - Total non-current assets grew to ¥16.32 billion from ¥12.24 billion, marking a 33.2% increase[25] - Total liabilities increased to ¥47.10 billion from ¥36.59 billion, reflecting a 28.7% growth[26] - Total current liabilities rose to ¥29.40 billion from ¥25.61 billion, a 14.5% increase[26] - Total assets as of the end of Q3 2018 amounted to ¥77,044,852,208.58, an increase from ¥62,553,372,760.10 at the end of Q3 2017[30] - Total liabilities reached ¥42,594,311,288.00, up from ¥30,713,786,960.46 in the previous year, indicating a 38.7% increase[30] - Shareholders' equity increased to ¥34.72 billion from ¥32.13 billion, a rise of 8.1%[26] Cash Flow - Net cash flow from operating activities decreased by 15.24% to CNY 1.29 billion year-to-date[6] - The company reported a net cash outflow from investing activities of -4,596,823,589.10 RMB, a significant decrease of 547.42% compared to the previous year[14] - The company’s cash flow from financing activities increased by 2,387,893,586.25 RMB, a growth of 52.36% due to the issuance of short-term financing bonds[14] - The net cash flow from financing activities was ¥7.06 billion, up from ¥4.86 billion, marking a 45% increase year-over-year[42] - Cash received from sales of goods and services was ¥22.47 billion, compared to ¥17.66 billion, indicating a 27.5% increase year-over-year[41] - Total cash outflow for operating activities was ¥22.93 billion, up from ¥17.83 billion, reflecting a 28.5% increase[41] Shareholder Information - The total number of shareholders reached 96,690 by the end of the reporting period[9] - The largest shareholder, Kangmei Industrial Investment Co., Ltd., holds 32.97% of shares, with 1.64 billion shares pledged[9] - The total number of preferred shareholders at the end of the reporting period is 8[11] - The top ten preferred shareholders hold a total of 30 million shares, representing 100% of the preferred shares[12] - The largest ordinary shareholder, Kangmei Industrial Investment Holdings, holds 1,430,570,945 shares, which is 100% of its category[10] Investment and Expenses - The company has budgeted 3,000,000,000 RMB for the China-ASEAN Traditional Chinese Medicine Trading Center project, with 33,049,003.56 RMB already invested[18] - The Gansu Dingxi Traditional Chinese Medicine Logistics and Trading Center project has a budget of 1,100,000,000 RMB, with cumulative investment reaching 1,218,412,933.80 RMB, exceeding the budget by 10.76%[18] - The company’s financial expenses increased by 427,214,062.03 RMB, a rise of 63.56%, due to increased bank loans and bond issuances[14] - Research and development expenses for Q3 2018 were ¥51,354,242.47, a 63.1% increase from ¥31,534,783.90 in Q3 2017[33] - The company reported a significant increase in financial expenses, totaling ¥1,099,634,194.98 for the first nine months of 2018, compared to ¥674,032,410.65 in the same period last year[35] Growth and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36] - Cash paid for the purchase of fixed assets and intangible assets was ¥2.78 billion, a significant rise from ¥154.46 million, indicating a focus on capital expenditures[41]