宝胜股份(600973) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months reached CNY 24.06 billion, an increase of 86.56% year-on-year[6] - Net profit attributable to shareholders was CNY 114.75 million, up 14.26% from the same period last year[6] - The company reported a net profit excluding non-recurring gains and losses of CNY 109.51 million, representing a 21.00% increase year-on-year[6] - Total revenue for Q3 2018 reached ¥8,778,058,558.64, a significant increase from ¥4,992,415,723.61 in Q3 2017, representing a year-over-year growth of approximately 75.5%[24] - The net profit for the first nine months of 2018 was ¥8,733,684,603.16, compared to ¥4,955,634,101.16 for the same period in 2017, showing an increase of around 75.5%[24] - The total profit for the first nine months of 2018 was ¥154,885,336.23, compared to ¥132,061,277.39 in the same period last year, reflecting a growth of approximately 17.3%[26] - In Q3 2018, the company reported a net profit of CNY 52,332,548.79, an increase from CNY 24,547,775.78 in the same period last year, representing a growth of 113.5%[31] Assets and Liabilities - Total assets increased by 27.02% to CNY 18.69 billion compared to the end of the previous year[6] - The total assets of the company reached ¥18,692,618,598.99, up from ¥14,715,780,956.86, indicating strong growth[17] - The total liabilities increased to ¥14,006,957,142.13 from ¥10,330,399,446.51, showing a rise in financial obligations[17] - The company's total liabilities decreased to CNY 7,345,906,170.58 in the first nine months of 2018 from CNY 3,267,085,752.52 in the previous year, indicating a reduction of 124.5%[36] Cash Flow - Net cash flow from operating activities for the first nine months was CNY 1.92 billion, a significant recovery from a negative cash flow of CNY -4.02 billion in the previous year[6] - The net cash flow from operating activities for the first nine months of 2018 was CNY 1,916,492,042.58, a turnaround from a negative cash flow of CNY -4,023,935,847.62 in the same period last year[35] - The company reported a significant decrease in cash flow from financing activities, down 94.45% to ¥200,278,125.50, primarily due to repayment of previous borrowings[13] - The net cash flow from financing activities decreased to -$166,655,240.63 from a positive $3,905,832,201.58 year-over-year[39] Shareholder Information - The total number of shareholders reached 37,222 by the end of the reporting period[9] - The largest shareholder, Baosheng Group Co., Ltd., holds 26.02% of the shares[9] Inventory and Prepayments - Prepayments surged by 536.80% to ¥561,037,566.76, mainly due to increased procurement of raw materials[11] - Inventory rose by 72.74% to ¥2,656,922,826.23, attributed to higher raw material reserves and price increases[11] Research and Development - Research and development expenses for Q3 2018 amounted to ¥137,506,696.11, up from ¥79,013,311.97 in Q3 2017, indicating a significant increase of approximately 74%[30] Earnings Per Share - Basic earnings per share increased by 9.30% to CNY 0.094[7] - The basic earnings per share for Q3 2018 was ¥0.027, slightly down from ¥0.028 in Q3 2017[28] - The company achieved a basic earnings per share of CNY 0.043 in Q3 2018, up from CNY 0.020 in the same quarter last year, reflecting a growth of 115%[32]