TJ(SH:600667)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 11.23 billion, a 35.19% increase year-on-year[6] - Net profit attributable to shareholders rose by 23.92% to CNY 367.95 million for the first nine months[6] - The net cash flow from operating activities was CNY 351.93 million, a significant recovery from a loss of CNY 8.09 million in the same period last year[6] - Basic and diluted earnings per share improved by 21.43% to CNY 0.17[7] - Total operating revenue for Q3 2018 reached ¥3,542,510,291.55, an increase of 18.2% compared to ¥2,998,946,978.07 in Q3 2017[29] - Net profit for Q3 2018 was ¥194,103,341.20, representing a 15.9% increase from ¥167,428,416.72 in Q3 2017[30] - Total operating profit for the first nine months of 2018 was CNY 274,863,727.15, up from CNY 175,527,420.13 in the same period last year, indicating a significant increase[34] Assets and Liabilities - Total assets increased by 9.49% to CNY 18.44 billion compared to the end of the previous year[6] - Total liabilities increased to ¥11.51 billion from ¥9.55 billion, representing a growth of about 20.5%[21] - Current assets rose to ¥10.90 billion, up from ¥9.65 billion, indicating an increase of about 12.9%[21] - Cash and cash equivalents increased to ¥3.46 billion, compared to ¥3.17 billion at the beginning of the year, reflecting a growth of 9.1%[20] - Accounts receivable increased by 41.18% to ¥3,154,054,703.97 from ¥2,233,990,142.89, mainly due to significant revenue growth at Eleven Technology and changes in project settlement cycles[12] - Short-term borrowings increased by 53.18% to ¥2,317,103,822.26 from ¥1,512,678,647.77, indicating the company's expansion in operational scale[12] - Total liabilities increased to ¥970,411,276.49 in Q3 2018, compared to ¥412,382,935.20 in Q3 2017[26] Cash Flow - Cash flow from operating activities for the first nine months of 2018 was CNY 351,930,440.55, a turnaround from a negative cash flow of CNY 8,094,297.10 in the same period last year[37] - Cash inflow from investment activities totaled CNY 687,774,111.15, significantly higher than CNY 357,966,332.50 in the previous year, marking an increase of 92.1%[41] - Net cash flow from investment activities was negative CNY 227,835,948.78, an improvement from negative CNY 1,723,135,049.68 in the same period last year[41] - Cash inflow from financing activities was CNY 560,000,000.00, compared to CNY 2,059,145,171.32 in the previous year, reflecting a decrease of 72.8%[41] - The ending cash and cash equivalents balance was CNY 243,563,236.47, down 26.7% from CNY 332,506,050.61 at the end of the same period last year[41] Shareholder Information - The top ten shareholders hold a combined 66.56% of the company's shares, with Wuxi Industrial Development Group holding 29.92%[10] - The company's equity attributable to shareholders increased to ¥6.23 billion from ¥6.17 billion, reflecting a growth of about 0.97%[22] Research and Development - Research and development expenses rose by 30.25% to ¥297,636,754.10 from ¥228,508,211.36, reflecting increased investment in R&D by Eleven Technology[13] - Research and development expenses for the first nine months of 2018 were ¥297,636,754.10, up from ¥228,508,211.36 in the same period of 2017[30] Other Income and Expenses - The company received government subsidies totaling CNY 13.13 million for the first nine months, contributing to non-operating income[8] - The company reported a significant increase in other income, totaling CNY 3,265,528.43 for the first nine months of 2018, compared to CNY 140,355.93 in the same period last year[33] - Financial expenses for the first nine months of 2018 were CNY 14,396,087.52, up from CNY 10,959,610.62 in the same period last year[33] Business Developments - The company plans to transfer 100% equity of its subsidiary Jiangsu Taiji and related fixed assets to optimize its business structure, with agreements yet to be signed[16] - The company has signed major engineering project contracts, including the construction of an 8-inch non-storage wafer factory for Haichen Semiconductor[15]