NPEC(SH:600775)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 3,089,634,636.68, representing a growth of 7.91% year-on-year[7]. - Net profit attributable to shareholders of the listed company rose by 58.68% to CNY 81,228,282.11 for the first nine months[7]. - The net profit after deducting non-recurring gains and losses increased by 120.69% to CNY 66,987,568.32[7]. - Basic and diluted earnings per share both increased by 58.75% to CNY 0.0889[7]. - Total operating revenue for Q3 2018 was CNY 1,096,004,866.94, a decrease of 1.5% compared to CNY 1,111,548,491.10 in Q3 2017[26]. - Net profit for the first nine months of 2018 reached CNY 3,089,634,636.68, an increase of 7.9% compared to CNY 2,863,124,419.13 in the previous year[26]. - Net profit attributable to the parent company for Q3 2018 was CNY 30,188,821.40, up from CNY 6,305,125.25 in Q3 2017, indicating a growth of 378.5%[28]. - Total profit for Q3 2018 was CNY 54,810,837.90, compared to CNY 29,910,040.00 in Q3 2017, showing a growth of 83.4%[28]. Cash Flow - The net cash flow from operating activities for the first nine months was negative at CNY -130,311,185.54, a decrease of 177.40% compared to the same period last year[7]. - Cash flow from operating activities showed a net outflow of ¥130,311,185.54, a significant decline compared to a net inflow of ¥168,371,365.39 in the previous period[16]. - Cash flow from investing activities improved to ¥416,214,334.49 from a net outflow of ¥214,292,249.91, primarily due to the maturity of bank financial products[16]. - Cash inflow from investment activities totaled ¥1,425,393,730.77, down from ¥1,694,708,150.28 year-over-year, representing a decline of about 16%[35]. - The net cash flow from investment activities was positive at ¥416,214,334.49, compared to a negative cash flow of -¥214,292,249.91 in the previous year[35]. - The total cash outflow from operating activities was ¥3,603,594,397.87, compared to ¥3,352,470,730.19 in the same period last year, indicating an increase of approximately 7.43%[34]. - The cash flow from operating activities showed a significant outflow, totaling $362.90 million, compared to $164.58 million previously[39]. Assets and Liabilities - Total assets increased by 9.60% to CNY 6,209,213,521.00 compared to the end of the previous year[7]. - Total liabilities as of September 30, 2018, amounted to CNY 2,612,228,132.65, an increase of 24.7% from CNY 2,093,859,733.16 at the beginning of the year[24]. - The company reported a total equity of CNY 3,596,985,388.35, slightly up from CNY 3,571,643,753.43, indicating a growth of 0.7%[24]. - Accounts receivable decreased by 48.86% to ¥774,597,333.36 from ¥1,514,714,889.82 due to reclassification under new revenue standards[14]. - Inventory increased by 81.93% to ¥1,075,214,890.58 from ¥591,018,560.71, primarily due to stockpiling for automation projects[14]. - Short-term borrowings rose by 111.11% to ¥95,000,000.00 from ¥45,000,000.00, indicating increased bank financing[14]. - Contract liabilities amounted to ¥259,532,827.51, reflecting the reclassification of certain advance payments under new revenue standards[19]. Shareholder Information - The company reported a total of 37,101 shareholders at the end of the reporting period[10]. - The largest shareholder, Hong Kong Central Clearing Limited, holds 26.54% of the shares[10]. Government Support - The company received government subsidies amounting to CNY 3,701,102.95 for the first nine months[8]. Research and Development - Research and development expenses for the first nine months of 2018 were CNY 173,893,686.90, an increase of 17.7% compared to CNY 147,647,344.72 in the same period last year[27]. - Research and development expenses for Q3 2018 were CNY 3,245,021.39, down from CNY 7,479,593.86 in Q3 2017, reflecting a reduction of 56.6%[31].