YBTI(SH:600883)2018-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 24,706,196.98, an increase of 53.63% year-on-year[7] - Net profit attributable to shareholders was CNY 10,754,586.97, down 75.29% compared to the same period last year[7] - Basic earnings per share decreased by 75.27% to CNY 0.0456[7] - The weighted average return on equity fell by 4.83 percentage points to 1.6145%[7] - Total operating revenue for Q3 2018 was CNY 4,413,917.35, an increase of 24.5% compared to CNY 3,544,230.18 in Q3 2017[31] - Operating profit for the first nine months of 2018 reached CNY 10,845,687.66, a decrease of 73.0% from CNY 40,171,277.47 in the same period last year[31] - Net profit for Q3 2018 was CNY 3,619,594.18, an increase of 23.7% compared to CNY 2,924,371.09 in Q3 2017[32] - Total profit for the first nine months was ¥10,749,687.49, compared to ¥43,344,032.56 in the previous year, indicating a significant decrease[36] Cash Flow - The net cash flow from operating activities was negative CNY 20,460,028.50, compared to negative CNY 14,597,206.28 in the previous year[7] - Cash received from operating activities increased by 86.24% to 5,309,589.89 from 2,850,894.43 in the previous period[16] - Cash flow from investment activities generated a net outflow of 82,263,536.84, a decrease of 201.74% compared to the previous inflow of 80,853,203.83[16] - The company recorded a cash inflow of 3,361,906,972.07 from recovered investments, an increase of 55.10% from 2,167,519,102.78 in the previous period[16] - Cash flow from operating activities showed a net outflow of ¥20,460,028.50, worsening from a net outflow of ¥14,597,206.28 in the same period last year[41] - Investment activities resulted in a net cash outflow of ¥82,263,536.84, compared to a net inflow of ¥80,853,203.83 in the same period last year[42] - The net increase in cash and cash equivalents was -CNY 111,179,268.32, compared to an increase of CNY 47,451,486.70 in the prior year[45] Assets and Liabilities - Total assets at the end of the reporting period were CNY 696,379,321.70, a decrease of 1.54% compared to the end of the previous year[7] - The total liabilities decreased by 53.96%, from ¥22,067,674.30 to ¥10,159,582.69, mainly due to a reduction in payable taxes[12] - The company's cash and cash equivalents decreased by 34.45%, from ¥322,984,473.80 to ¥211,702,516.35, primarily due to unexpired reverse repurchase investments[12] - The total liabilities decreased from RMB 46,540,230.96 to RMB 34,567,210.74, indicating a reduction of approximately 25.7%[26] - The company's inventory increased to RMB 10,905,238.73 from RMB 9,250,306.84, reflecting an increase of approximately 17.9%[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,051[9] - The largest shareholder, Shenzhen Derong Investment Development Co., Ltd., held 40,500,000 shares, accounting for 17.15% of total shares[9] Investment Income - Non-operating income for the first nine months totaled CNY 3,384,448.81, with significant contributions from investment income[8] - The company’s investment income from joint ventures increased by 39.59%, reaching ¥12,679,829.77 compared to ¥9,083,577.76 in the previous year[13] - The company recorded a significant decrease in investment income, which fell by 67.58% to ¥16,368,023.65 from ¥50,485,471.35 in the previous year[13] - The company reported an investment income of ¥5,124,169.65, slightly down from ¥5,260,208.83 year-over-year[36] Other Financial Metrics - The company reported a government subsidy of CNY 97,928.61 related to the elimination of backward production capacity[8] - The company engaged in related party transactions amounting to 2,079,393.19 for electricity purchases during the reporting period[17] - The company achieved investment income of 196,441.76 from bank financial products, with an ending investment balance of 6,700,000[18] - The company plans to establish a wholly-owned subsidiary with an investment of RMB 10 million for hospital investment and management, although the establishment has not been completed as of the report date[20]