YILI(SH:600887)2018-10-30 16:00Financial Performance - Net profit attributable to shareholders increased by 2.24% year-on-year, reaching ¥5,047,818,747.67[8] - Operating revenue for the first nine months rose by 16.73% year-on-year, totaling ¥60,846,276,714.34[8] - Basic earnings per share increased by 2.47% to ¥0.83[8] - Total operating revenue for the first nine months reached ¥61.33 billion, a 16.5% increase from ¥52.47 billion in the same period last year[54] - Net profit for the first nine months was ¥5.06 billion, up 2.4% from ¥4.94 billion year-on-year[55] - Operating profit for Q3 was ¥1.90 billion, slightly up from ¥1.86 billion in the same quarter last year[55] - Total operating costs for the first nine months were ¥55.94 billion, an increase of 18.5% compared to ¥47.17 billion in the previous year[54] - The company achieved a gross profit margin of approximately 31.5% for the first nine months, compared to 31.4% in the same period last year[54] - The total profit for Q3 2018 was ¥1.51 billion, up 52.4% from ¥991.59 million in Q3 2017[59] Cash Flow and Liquidity - Net cash flow from operating activities increased by 15.78% year-on-year, amounting to ¥7,775,597,727.16[8] - Cash flow from operating activities for the first nine months of 2018 was ¥7.78 billion, an increase of 15.8% from ¥6.72 billion in the same period last year[61] - The net cash flow from operating activities for the period was ¥2,527,977,523.60, a decrease of 32.5% compared to ¥3,748,772,820.32 in the same period last year[65] - Total cash inflow from operating activities reached ¥69,166,298,830.33, up 16.5% from ¥59,321,624,057.65 year-on-year[65] - Cash outflow for purchasing goods and services was ¥59,967,692,254.04, an increase of 19.8% compared to ¥50,074,174,099.42 in the previous year[65] - Cash and cash equivalents decreased by 50.39% to ¥10.83 billion due to cash outflows from financing and investment activities[1] - Cash and cash equivalents at the end of Q3 2018 totaled ¥11.43 billion, down from ¥20.51 billion at the end of Q3 2017[63] - The ending balance of cash and cash equivalents was ¥2,105,303,595.59, a decrease from ¥10,573,760,294.40 at the end of the same period last year[65] Assets and Liabilities - Total assets decreased by 8.16% compared to the end of the previous year, amounting to ¥45,275,791,954.27[8] - The company's current assets decreased from CNY 29,845,731,858.45 at the beginning of the year to CNY 23,924,354,604.08, representing a reduction of about 19.9%[47] - The total liabilities decreased from CNY 24,060,537,812.92 to CNY 18,723,445,032.54, indicating a reduction of around 22.0%[48] - Total liabilities decreased to ¥17.77 billion from ¥22.88 billion year-on-year[54] - The company's equity increased from CNY 25,239,817,505.22 to CNY 26,552,346,921.73, showing an increase of approximately 5.2%[48] - Accounts receivable increased by 64.16% to ¥1.56 billion, primarily due to increased sales to direct supermarkets and e-commerce[4] - Inventory decreased from CNY 4,639,993,865.79 to CNY 3,186,055,971.01, a decline of approximately 31.4%[47] Investments and Income - The company received government subsidies totaling ¥539,108,873.24 for the year-to-date[9] - Non-operating income for the first nine months amounted to ¥360,244,988.49[9] - Interest income rose by 39.72% to ¥481.05 million, attributed to higher average balances and interest rates at the subsidiary[26] - Investment income increased by 127.76% to ¥243.72 million, reflecting higher net profits from joint ventures[28] - Cash received from interest and fees increased by 91.58% to ¥486.08 million, due to increased interest income and recoveries[35] - The company received cash from investment income amounting to ¥3,452,443,998.99, an increase of 30.7% compared to ¥2,640,576,336.51 last year[65] Shareholder Information - The total number of shareholders reached 260,387[10] - The largest shareholder, Hong Kong Central Clearing Limited, holds 13.48% of shares[10] Research and Development - Research and development expenses for the first nine months amounted to ¥138.45 million, a slight increase from ¥134.66 million year-on-year[54] - The company's R&D expenses increased to ¥142.44 million for the first nine months of 2018, up 34% from ¥106.27 million in the same period last year[59] Other Comprehensive Income - Other comprehensive income increased significantly due to foreign exchange gains from subsidiaries reporting in USD[23] - Other comprehensive income after tax for the first nine months was ¥451.33 million, compared to a loss of ¥287.89 million in the previous year[55]