BAMC(SH:601137)2018-10-26 16:00Financial Performance - Net profit attributable to shareholders rose by 12.81% to CNY 260,790,039.12 year-on-year[8] - Operating revenue for the period reached CNY 4,450,238,999.19, reflecting a growth of 5.51% compared to the same period last year[8] - Basic earnings per share rose by 13.51% to CNY 0.42[8] - Total operating revenue for Q3 2018 was CNY 1,527,157,712.95, an increase of 6.7% compared to CNY 1,430,756,843.51 in Q3 2017[28] - Net profit for Q3 2018 reached CNY 97,677,982.74, up 15.5% from CNY 84,726,124.55 in the same period last year[29] - The company reported a total profit of CNY 116,552,753.07 for Q3 2018, compared to CNY 93,793,520.34 in Q3 2017, marking a growth of 24.2%[28] - The total comprehensive income for Q3 2018 was CNY 126,790,354.40, compared to CNY 77,555,103.65 in Q3 2017, reflecting a significant increase[30] - The company’s total assets impairment loss for Q3 2018 was CNY 3,485,336.72, a decrease from CNY 25,848,022.39 in Q3 2017[28] Asset and Liability Management - Total assets increased by 5.99% to CNY 5,343,250,608.17 compared to the end of the previous year[8] - Total liabilities increased to ¥1,895,919,400.60 from ¥1,719,855,319.54, representing a rise of 10.24%[21] - Current liabilities totaled ¥1,598,998,523.57, up from ¥1,385,854,291.86, marking an increase of 15.40%[21] - Non-current liabilities decreased to ¥296,920,877.03 from ¥334,001,027.68, a decline of 10.99%[21] - Cash and cash equivalents rose to ¥258,867,885.55 from ¥216,998,609.12, reflecting a growth of 19.25%[23] - Accounts receivable increased to ¥514,820,796.66 from ¥482,825,889.29, showing a growth of 6.99%[23] - Inventory levels rose to ¥382,693,971.02 from ¥370,424,626.79, an increase of 3.43%[24] Cash Flow Analysis - Net cash flow from operating activities significantly improved to CNY 344,092,280.85, a substantial increase of 2,437.82% compared to the previous year[8] - The cash flow from operating activities for the first nine months of 2018 was CNY 5,008,681,812.72, an increase from CNY 4,620,046,637.39 in the previous year[34] - The total cash and cash equivalents at the end of Q3 2018 amounted to CNY 545,246,476.61, up from CNY 244,136,965.89 at the end of Q3 2017[35] - Total cash inflow from operating activities was CNY 2,825,937,131, while total cash outflow was CNY 2,584,809,144.04, resulting in a net cash flow of CNY 241,127,986.96[36] - Cash received from the sale of goods and services was CNY 2,806,184,945.10, an increase from CNY 2,560,708,988.36 year-on-year[36] - Cash paid for purchasing goods and services was CNY 2,296,074,386.30, up from CNY 2,162,249,015.18 in the same period last year[36] Shareholder Information - The total number of shareholders reached 17,461, indicating a broadening of the shareholder base[11] - The largest shareholder, Bowei Group Co., Ltd., holds 33.91% of shares, with 92,000,000 shares pledged[11] Investment and Development - The company reported a total of CNY 9,035,219.99 in government subsidies received during the year[10] - The company has not disclosed any new product developments or market expansion strategies in this report[8] - The company plans to continue expanding its new energy product lines and enhance its market presence through strategic investments[14] Expense Management - Sales expenses rose by 20.27% to RMB 117,607,648.99, primarily due to increased transportation costs from higher sales[14] - Financial expenses decreased by 53.85% to RMB 18,262,673.67, attributed to increased foreign exchange gains from the appreciation of the US dollar[14] - Research and development expenses for Q3 2018 were CNY 42,076,084.41, a decrease of 3.0% compared to CNY 45,257,467.77 in Q3 2017[28]