PCI-STCL(SH:600728)2018-10-10 16:00Financial Performance - Net profit attributable to shareholders rose by 110.43% to CNY 112,620,495.82 for the year-to-date period[6] - Operating revenue for the year-to-date period increased by 17.29% to CNY 2,789,872,464.90 compared to the same period last year[6] - The company reported a significant increase in net profit excluding non-recurring gains and losses, which rose by 266.80% to CNY 76,338,226.00[6] - Total revenue for Q3 2018 reached ¥1,054,361,880.14, an increase of 12.85% compared to ¥934,208,054.12 in Q3 2017[29] - Year-to-date revenue for 2018 was ¥2,789,872,464.90, up 17.25% from ¥2,378,621,137.31 in the same period last year[29] - Net profit for Q3 2018 reached ¥42.93 million, compared to ¥19.59 million in Q3 2017, indicating a significant increase of 118.5% year-over-year[31] - The total profit for Q3 2018 was ¥44.92 million, a substantial increase from ¥17.94 million in the same quarter last year, marking a growth of 150.1%[31] Earnings and Shareholder Information - Basic earnings per share increased by 108.93% to CNY 0.0702[7] - Basic earnings per share for Q3 2018 were ¥0.0702, compared to ¥0.0336 in Q3 2017, showing an increase of 108.3%[32] - The total number of shareholders reached 91,578 by the end of the reporting period[11] - The top ten shareholders held a combined 48.71% of the total shares, with Guangzhou Jiadu Group Co., Ltd. holding 10.33%[11] Assets and Liabilities - Total assets increased by 5.25% to CNY 6,526,700,518.53 compared to the end of the previous year[6] - Total assets as of September 30, 2018, amounted to ¥6,526,700,518.53, compared to ¥6,200,860,726.50 at the beginning of the year, reflecting a growth of 5.24%[23] - Total liabilities increased to ¥3,191,621,682.91 from ¥2,950,916,807.07, marking a rise of 8.16%[23] - Current liabilities totaled ¥3,131,296,776.78, up from ¥2,887,804,525.70, indicating an increase of 8.44%[23] - The company's equity increased to ¥3,335,078,835.62 from ¥3,249,943,919.43, indicating a growth of 2.63%[23] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of CNY 516,179,273.25, compared to a net outflow of CNY 370,273,094.22 in the previous year[6] - The net cash flow from operating activities decreased by 39.41% to -RMB 51.62 million, due to increased upfront procurement investments for ongoing projects[15] - Total cash inflow from investment activities was ¥2,580,439,485.61 for the first nine months of 2018, down from ¥4,550,617,166.80 in the same period of 2017[37] - Cash inflow from investment activities totaled 2,503,066,950.27 RMB, slightly up from 2,494,870,169.41 RMB year-on-year[41] - The company raised 9,780,000.00 RMB from new investments, a decrease from 356,465,445.44 RMB in the previous year[41] Research and Development - Research and development expenses surged by 54.36% to RMB 7.08 million, indicating a continued increase in investment in R&D[15] - Research and development expenses amounted to ¥25.41 million in Q3 2018, up from ¥19.47 million in Q3 2017, reflecting a growth of 30.6%[30] - Research and development expenses increased to ¥10,269,039.59 in Q3 2018, up 23.9% from ¥8,295,741.31 in Q3 2017[33] Other Financial Metrics - The weighted average return on equity improved by 1.67 percentage points to 3.48%[7] - The company experienced a significant increase in other income, which rose by 296.90% to RMB 3.12 million, primarily due to increased government subsidies[15] - The company incurred total operating costs of ¥233,425,550.62 in Q3 2018, compared to ¥118,613,301.51 in Q3 2017, reflecting a rise of 96.7%[33] - The company’s management expenses increased to ¥36.30 million in Q3 2018 from ¥27.25 million in Q3 2017, reflecting a rise of 33.4%[30]