GHWL(SH:600603)2018-10-22 16:00Financial Performance - Net profit attributable to shareholders increased by 80.16% to CNY 265.62 million compared to the same period last year[8]. - Operating revenue surged by 142.33% to CNY 1.01 billion for the first nine months of the year[7]. - Basic earnings per share rose by 16.67% to CNY 0.21[8]. - The weighted average return on equity increased by 1.61 percentage points to 4.46%[8]. - The company reported a net profit of ¥388,454,411.62 for the first nine months of 2018, compared to ¥185,624,641.92 for the same period in 2017, indicating a growth of 108.9%[33]. - The net profit for Q3 2018 was 79,449,473.92 CNY, up from 39,770,809.40 CNY in the same period last year, indicating a growth of approximately 99.5%[34]. - The net profit attributable to the parent company for Q3 2018 was 75,670,558.86 CNY, compared to 40,097,393.57 CNY in Q3 2017, reflecting an increase of about 88.5%[34]. - The total profit for Q3 2018 was 111,008,259.52 CNY, compared to 50,847,807.21 CNY in Q3 2017, representing a significant increase[34]. Assets and Liabilities - Total assets increased by 25.38% to CNY 11.82 billion compared to the end of the previous year[7]. - Cash and cash equivalents increased by 96.57% to CNY 1,708,087,887.45 compared to the previous year, primarily due to new development loans and asset securitization[16]. - Inventory grew by 77.58% to CNY 3,275,706,647.13, resulting from increased development costs in real estate projects[16]. - Total liabilities as of September 30, 2018, were ¥55,846,885.29, a decrease from ¥2,568,150.73 at the beginning of the year[30]. - The company's equity attributable to shareholders was ¥5,557,076,203.87, showing a marginal decrease from ¥5,558,196,587.44 at the start of the year[30]. Cash Flow - Net cash flow from operating activities improved by 196.99% to CNY 589.89 million compared to the same period last year[7]. - The net cash flow from investing activities improved by 112.27% to CNY 78,524,155.99, primarily due to the recovery of previous year's financial investments[18]. - The net cash flow from financing activities decreased by 87.48% to CNY 170,912,091.42, attributed to the repayment of funds to minority shareholders[18]. - Cash inflow from operating activities for the period reached ¥2,553,461,683.10, a significant increase from ¥899,852,847.35 in the previous year, representing a growth of approximately 184.5%[40]. - Net cash flow from operating activities was ¥589,885,062.41, compared to a negative cash flow of ¥608,206,931.84 in the same period last year, indicating a turnaround in performance[41]. Shareholder Information - The total number of shareholders reached 38,186 by the end of the reporting period[11]. - The largest shareholder, Xinjiang Guanghui Industrial Investment Group, holds 43.18% of the shares, with 467.87 million shares pledged[12]. - The minority shareholders' profit increased significantly by 4506.25% to CNY 14,390,121.18 due to the recognition of previously unrecognized income[18]. Operational Highlights - The company reported a non-operating income of CNY 390,000 from government subsidies[8]. - The company has not disclosed any new product developments or market expansion strategies in this report[5]. - The company signed new contracts for real estate projects totaling CNY 1,556,029,824.00 with a new signed area of 112,213.12 square meters[22]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[31]. Cost and Expenses - Operating costs rose by 356.36% to CNY 415,546,430.31, reflecting the increase in sales volume[17]. - The company reported a significant increase in research and development expenses, although specific figures were not provided in the report[37]. - Financial expenses for Q3 2018 included interest expenses of 6,188.98 CNY, while interest income was reported at -98,071.76 CNY[38].