JCET(SH:600584)2018-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 89.42% to CNY 17.47 million for the first nine months[6] - Operating income rose by 7.27% to CNY 18.09 billion year-on-year[6] - Basic and diluted earnings per share dropped by 90.83% to CNY 0.011[6] - The company reported a net profit of CNY 31.86 million, a significant improvement compared to a net loss of CNY 112.61 million in the same period last year[13] - The operating profit reached CNY 102.95 million, a notable recovery from a loss of CNY 162.72 million in the previous year[13] - Net profit for Q3 2018 was ¥11,126,559.36, a decrease of 86.2% compared to ¥80,362,769.41 in Q3 2017[32] - Net profit for Q3 2018 was a loss of ¥77,288,014.84, compared to a profit of ¥66,898,194.48 in Q3 2017, indicating a significant decline[37] Assets and Liabilities - Total assets increased by 17.86% to CNY 36.18 billion compared to the end of the previous year[6] - Current assets increased to ¥12,404,077,288.03 from ¥8,500,326,649.61, representing a growth of approximately 46.5%[21] - Total liabilities increased to ¥22,672,290,080.46 from ¥21,120,975,295.40, marking an increase of about 7.3%[23] - The company’s total liabilities decreased by 57.79% in long-term payables, reflecting payments made for lease financing[12] - The company’s short-term borrowings rose by 107.21% to CNY 7.10 billion, mainly for repaying perpetual bond principal and interest[12] - Total liabilities as of the end of Q3 2018 amounted to ¥9,467,011,702.49, an increase from ¥8,163,027,171.05 at the end of Q3 2017[27] Cash Flow - Cash flow from operating activities decreased by 54.83% to CNY 1.18 billion compared to the same period last year[6] - The net cash flow from operating activities for the first nine months of 2018 was ¥1,182,684,369.73, down from ¥2,618,439,049.40 in the previous year[40] - Total cash inflow from operating activities was CNY 6,606,017,021.19, an increase of 16.5% from CNY 5,667,586,997.45 year-on-year[43] - Cash and cash equivalents increased by 169.87% to approximately CNY 5.80 billion, primarily due to the arrival of raised funds[12] - Cash and cash equivalents at the end of the period amounted to CNY 5,223,832,597.81, up from CNY 2,411,024,628.58, representing a 116.5% increase[41] - The net increase in cash and cash equivalents for the quarter was CNY 3,484,199,884.07, compared to CNY 632,761,200.69 in the same quarter last year[41] Shareholder Information - The total number of shareholders reached 98,981 by the end of the reporting period[9] - The largest shareholder, National Integrated Circuit Industry Investment Fund, holds 19.00% of the shares[9] Investment and Expenses - Investment cash outflows increased by 333.28% to CNY 369.37 million, primarily due to investments in a leasing company[14] - The company reported a net loss of CNY 120 million from non-recurring gains and losses[6] - Research and development expenses for the first nine months of 2018 were ¥476,543,554.83, slightly up from ¥462,589,950.27 in the same period last year[31] - The company’s financial expenses for the first nine months of 2018 were ¥723,770,671.70, down from ¥776,512,623.99 in the same period last year[31] - The company recorded a loss of ¥1,968,223.83 in investment income for Q3 2018, compared to a loss of ¥873,315.84 in Q3 2017[37] Comprehensive Income - The company reported a total comprehensive income of ¥292,694,506.27 in Q3 2018, compared to a loss of ¥132,644,848.70 in Q3 2017[33] - Total comprehensive income for Q3 2018 was ¥303,821,065.63, a decrease from ¥375,183,268.48 in Q3 2017[38]