SPG(SH:600529)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders increased by 31.49% to CNY 262,405,360.37 year-on-year[8] - Operating revenue rose by 12.67% to CNY 1,920,682,063.44 for the period[8] - Net cash flow from operating activities increased by 30.58% to CNY 313,324,394.80 compared to the same period last year[8] - Basic earnings per share increased by 31.49% to CNY 0.6175[8] - Total operating revenue for Q3 2018 reached ¥620,575,590.98, an increase of 11.87% compared to ¥554,683,263.61 in Q3 2017[32] - Net profit for Q3 2018 was ¥94,812,763.93, representing a 40.56% increase from ¥67,456,167.37 in Q3 2017[33] - Earnings per share for Q3 2018 were ¥0.2231, compared to ¥0.1587 in Q3 2017, marking a year-over-year growth of 40.67%[34] - Net profit for the first nine months of 2018 was ¥221,531,138.25, up 21.73% from ¥182,071,510.59 in the previous year[38] Asset and Shareholder Information - Total assets increased by 6.48% to CNY 4,451,134,092.07 compared to the end of the previous year[8] - The total number of shareholders reached 10,242 at the end of the reporting period[12] - The largest shareholder, Yiyuan County Public Asset Management Committee, holds 15.66% of shares[12] - Total assets as of the end of Q3 2018 amounted to ¥4,285,042,202.09, an increase from ¥4,048,181,273.58 at the end of Q3 2017[29] - Shareholders' equity totaled ¥3,330,262,367.69 as of Q3 2018, compared to ¥3,195,005,698.77 in Q3 2017, reflecting a growth of 4.22%[29] Cash Flow and Investment Activities - The company reported a net cash flow from operating activities of ¥313,324,394.80, an increase of 30.61% compared to ¥239,955,349.46 in the same period last year[41] - Operating cash inflow for the year-to-date reached ¥1,725,038,695.98, an increase of 15.7% compared to ¥1,491,001,477.74 in the previous year[43] - Cash inflow from operating activities included ¥1,721,042,495.48 from sales, an increase from ¥1,487,858,521.29[43] - The company reported an increase in total assets impairment losses to ¥30,295,387.26 for the first nine months, compared to a gain of ¥2,267,889.27 in the same period last year[37] - The company’s investment activities resulted in a net cash outflow of -¥492,297,921.32 for the first nine months, compared to -¥24,342,885.53 in the previous year, indicating increased investment expenditures[41] Expenses and Liabilities - Management expenses for the first nine months increased by 36.13% year-on-year, mainly due to higher repair costs and labor compensation[17] - Financial expenses decreased by 392.16% year-on-year, primarily due to increased exchange gains and interest income[17] - Total liabilities for Q3 2018 were ¥954,779,834.40, up from ¥853,175,574.81 in Q3 2017, indicating a year-over-year increase of 11.93%[29] - Employee compensation payable increased by 165.09% compared to the beginning of the year, primarily due to unpaid incentive funds[17] - Tax payable rose by 30.39% year-to-date, mainly due to increases in value-added tax and corporate income tax[17] Research and Development - Research and development expenses for Q3 2018 were ¥18,735,751.93, down from ¥30,071,738.19 in Q3 2017, showing a decrease of 37.67%[32] - Research and development expenses for the first nine months totaled ¥58,151,787.52, representing an increase from ¥54,233,430.91 year-on-year[35] Other Financial Metrics - The weighted average return on equity improved by 1.45 percentage points to 7.85%[8] - Investment income for the first nine months increased by 76.46% year-on-year, mainly due to increased returns from structured deposits[17] - The company reported an investment income of ¥7,723,999.74 for Q3 2018, compared to ¥7,061,496.78 in Q3 2017, indicating an increase of 9.35%[33] - The total operating profit for the first nine months was ¥280,959,028.34, a rise of 29.73% compared to ¥216,547,106.59 in the previous year[37]