Tstc(SH:600552)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 19.53% to CNY 72,766,621.98 year-on-year[7] - Operating revenue declined by 18.11% to CNY 2,142,689,708.49 compared to the same period last year[7] - The company reported a net profit excluding non-recurring gains and losses of CNY -2,608,780.66, a decrease of 104.25% year-on-year[7] - Operating profit decreased by 82.46% to CNY 16.48 million, primarily due to increased period expenses[14] - The company reported a net loss of CNY 37,700,312.05 for the period, an improvement from a loss of CNY 39,217,691.40 in the previous year[22] - Net profit for Q3 2018 was CNY -3,827,420.96, a significant decline from CNY 11,337,485.74 in Q3 2017[30] - The company reported a total profit of CNY -3,827,420.96 for Q3 2018, contrasting with a profit of CNY 11,337,485.74 in the same quarter last year[30] - Basic earnings per share for Q3 2018 were CNY 0.0330, down from CNY 0.0720 in Q3 2017[26] Revenue and Costs - Total revenue for Q3 2018 was CNY 833,322,279.11, a decrease of 20.7% compared to CNY 1,049,751,505.72 in Q3 2017[24] - Total operating costs for Q3 2018 were CNY 821,323,007.01, down 18.1% from CNY 1,002,383,559.51 in the same period last year[24] - Year-to-date revenue for 2018 reached CNY 113,418,145.54, down from CNY 124,235,926.18 in the same period last year, representing a decline of approximately 8%[29] - Cash inflow from sales of goods and services was CNY 2,128,855,869.21, a decline of 10.2% from CNY 2,369,483,152.90[31] Assets and Liabilities - Total assets increased by 9.53% to CNY 5,768,507,882.39 compared to the end of the previous year[7] - The total assets as of September 30, 2018, amounted to CNY 5,768,507,882.39, compared to CNY 5,266,397,846.08 at the beginning of the year, reflecting a growth of 9.5%[19] - Total liabilities increased to CNY 3,146,656,718.82 as of September 30, 2018, up from CNY 2,737,036,743.77 at the beginning of the year, representing a rise of 15.0%[19] - The company's total equity reached CNY 2,621,851,163.57, an increase of 3.6% from CNY 2,529,361,102.31 at the start of the year[19] Cash Flow - Net cash flow from operating activities increased by 16.80% to CNY 13,616,759.70 year-to-date[7] - Cash inflow from operating activities for the year-to-date period was CNY 2,403,275,470.05, a decrease of 7.2% compared to CNY 2,589,035,838.42 in the previous year[32] - Cash outflow from investing activities totaled CNY 313,552,559.50, an increase of 12.2% from CNY 279,523,201.45 in the previous year[32] - Net cash flow from investing activities was negative at CNY -148,184,412.63, worsening from CNY -113,856,715.01 year-over-year[32] - Cash inflow from financing activities was CNY 1,424,299,449.81, down 24.8% from CNY 1,894,516,868.17 in the previous year[33] - Net cash flow from financing activities was negative at CNY -22,841,119.77, compared to a positive CNY 189,043,175.93 in the previous year[33] - The ending cash and cash equivalents balance was CNY 290,336,433.36, down from CNY 429,337,253.63 year-over-year[33] Shareholder Information - Total number of shareholders reached 30,840 at the end of the reporting period[12] - The largest shareholder, Anhui Huaguang Optoelectronic Materials Technology Group Co., Ltd., holds 21.74% of shares[12] Government Support - Government subsidies recognized in the current period amounted to CNY 17,702,619.28[10] Research and Development - Research and development expenses increased to CNY 27,412,817.57 in Q3 2018, up 67.5% from CNY 16,363,073.93 in Q3 2017[24] - Research and development expenses for Q3 2018 were CNY 2,825,914.01, significantly higher than CNY 6,514.22 in Q3 2017[29]