THDB(SH:600867)2018-10-24 16:00Financial Performance - Operating revenue for the first nine months rose by 8.43% to CNY 2,008,791,279.90 year-on-year[6] - Net profit attributable to shareholders increased by 6.02% to CNY 687,607,884.86 for the same period[6] - Total revenue for the first nine months reached CNY 2,008,791,279.90, an increase of 8.4% compared to CNY 1,852,651,393.87 in the same period last year[30] - The company reported a net profit of CNY 10,103,093.89 for the third quarter, compared to a loss of CNY 4,801,757.45 in the same quarter last year[30] - The net profit for Q3 2018 was ¥126.80 million, down 44.2% from ¥227.51 million in Q3 2017[36] - The total profit for Q3 2018 was ¥148.17 million, a decrease of 45.3% from ¥270.81 million in Q3 2017[36] - The company's total comprehensive income for Q3 2018 was ¥150.62 million, compared to ¥238.35 million in Q3 2017, a decline of 37%[32] Earnings and Shareholder Value - Basic earnings per share decreased by 13.16% to CNY 0.33[7] - The basic earnings per share for Q3 2018 was ¥0.07, compared to ¥0.14 in Q3 2017, reflecting a 50% decrease[33] - Basic earnings per share for Q3 2018 were ¥0.06, down from ¥0.13 in the same quarter of the previous year, marking a decline of 53.8%[37] Cash Flow and Investments - Cash flow from operating activities decreased by 3.08% to CNY 715,147,916.10 compared to the same period last year[6] - The net cash outflow from investment activities for the period was RMB -677,665,601.84, a significant increase compared to RMB -93,940,069.77 in the same period last year[18] - The net cash inflow from financing activities was RMB 25,082,661.47, contrasting with a net outflow of RMB -527,031,258.66 in the previous year[18] - Cash flow from investment activities showed a net outflow of approximately ¥677.67 million, compared to a smaller outflow of ¥93.94 million in the previous year, indicating increased investment expenditures[40] - Cash flow from financing activities generated a net inflow of ¥25.08 million, a significant improvement from a net outflow of ¥527.03 million in the same period last year[40] Assets and Liabilities - Total assets increased by 15.45% to CNY 5,486,790,065.53 compared to the end of the previous year[6] - The total assets of the company reached RMB 5,486,790,065.53, compared to RMB 4,752,715,689.41 at the beginning of the year, representing an increase of about 15.4%[25] - The total liabilities increased to RMB 605,492,366.79 from RMB 215,295,102.66, marking a significant rise of approximately 181%[25] - The company's total liabilities increased to CNY 536,804,551.55 from CNY 121,955,351.00, a significant rise attributed to increased short-term borrowings[28] Equity and Shareholder's Equity - The company's equity attributable to shareholders rose to RMB 4,873,198,849.00 from RMB 4,527,850,258.34, reflecting an increase of about 7.6%[25] - Shareholders' equity rose to CNY 4,887,581,364.98 from CNY 4,600,885,867.23, reflecting an increase of 6.2%[28] Research and Development - Research and development expenses for the first nine months amounted to CNY 72,847,717.16, compared to CNY 65,185,385.82 in the previous year, indicating an increase of 11.2%[30] - Research and development expenses for Q3 2018 were ¥25.04 million, down 16.4% from ¥29.95 million in Q3 2017[36] - The company plans to continue focusing on R&D and market expansion despite the current financial challenges[36] Other Financial Metrics - Significant increase in prepayments by 227.94% to CNY 154,832,747.68 due to increased material payments and advertising expenses[11] - Other receivables surged by 457.10% to CNY 69,937,469.61, attributed to increased receivables[11] - Development expenditures rose by 358.35% to CNY 440,791,347.49, mainly due to projects with Adocia[12] - Other income increased significantly by 963.86% to CNY 24,027,005.77 compared to the previous year[15] - The company's cash and cash equivalents at the end of the period amounted to RMB 399,000,184.74, up from RMB 336,435,180.48 at the beginning of the year, reflecting an increase of approximately 18.6%[23] - The company's cash and cash equivalents increased to CNY 341,974,448.59 from CNY 291,680,897.50 at the beginning of the year, representing a growth of 17.3%[27]