ITG(SH:600755)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 145.11 billion, a 32.95% increase from CNY 109.15 billion in the same period last year[6] - Net profit attributable to shareholders increased by 10.39% to CNY 1.77 billion compared to CNY 1.61 billion in the previous year[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses surged by 59.40% to CNY 1.11 billion[6] - The company's operating revenue for the first nine months of 2018 reached RMB 145.11 billion, a 32.95% increase compared to RMB 109.15 billion in the same period of 2017[15] - The company reported a significant increase in operating income, with a 113.13% rise in non-operating income to ¥19.89 million, driven by compensation for defaults and penalties[16] - Total operating revenue for Q3 2018 reached ¥57.79 billion, a 41.7% increase from ¥40.77 billion in Q3 2017[33] - Total operating revenue for Q3 2018 reached ¥25.90 billion, a 64.5% increase from ¥15.75 billion in Q3 2017[37] - Net profit for Q3 2018 was ¥218.67 million, compared to ¥211.95 million in Q3 2017, reflecting a 3.4% increase[38] Assets and Liabilities - Total assets increased by 25.25% to CNY 89.41 billion compared to the end of the previous year[6] - Total liabilities reached CNY 62.11 billion, compared to CNY 45.38 billion, representing a growth of 36.9%[26] - Current assets reached CNY 76.24 billion, compared to CNY 60.22 billion in the previous year, marking a 26.6% increase[25] - Accounts receivable increased by 43.64% to RMB 6.04 billion from RMB 4.21 billion due to the growth in supply chain management business[14] - Short-term borrowings rose by 68.94% to RMB 13.10 billion from RMB 7.76 billion, driven by the increased scale of supply chain management operations[15] - The company reported a total debt of ¥36.35 billion, an increase of 56.2% from ¥23.27 billion in the previous year[31] Cash Flow - The company reported a net cash flow from operating activities of CNY -1.72 billion, an improvement from CNY -11.38 billion in the same period last year[6] - Cash flow from operating activities for the first nine months of 2018 showed a net outflow of ¥1.72 billion, an improvement from a net outflow of ¥11.38 billion in the same period last year[41] - Operating cash inflow for the first nine months of 2018 reached CNY 82.32 billion, a significant increase from CNY 56.47 billion in the same period last year, representing a growth of approximately 45.8%[45] - Cash and cash equivalents at the end of the period increased to CNY 4.46 billion, up from CNY 3.98 billion at the end of the previous year[45] Shareholder Information - Net assets attributable to shareholders rose by 9.89% to CNY 25.30 billion year-on-year[6] - The total number of shareholders reached 136,006 by the end of the reporting period[12] - Shareholders' equity increased to CNY 27.29 billion, up from CNY 26.00 billion, a growth of 4.9%[26] Expenses and Costs - The company's operating costs for Q3 2018 were approximately ¥139.70 billion, an increase of 34.38% compared to ¥103.96 billion in the same period last year[16] - Financial expenses rose by 62.36% to ¥963.77 million, attributed to rising market interest rates and increased financing scale[16] - The company’s financial expenses for Q3 2018 were ¥388.42 million, a significant increase of 67.7% from ¥231.83 million in Q3 2017[33] Investments and Acquisitions - The company plans to acquire 91.65% of Century Securities, with an investment of approximately ¥173.40 million for a 44.65% stake, pending regulatory approval[19] - The company is set to acquire an 8.4167% stake in Industrial International Trust for ¥115.61 million, also awaiting regulatory approval[19] - The company has agreed to sell its automotive segment for a total of ¥52.69 million, with the transaction already approved by the buyer's shareholders[19] Future Plans - The company plans to continue expanding its supply chain management business, which has shown significant growth[15] - The company plans to expand its market presence and invest in new product development in the upcoming quarters[33]