喜临门(603008) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months rose by 44.78% to CNY 2,964,236,515.97 year-on-year[6] - Net profit attributable to shareholders decreased by 22.01% to CNY 159,398,609.95 compared to the same period last year[6] - Basic earnings per share fell by 23.08% to CNY 0.40[7] - The company reported a total profit of ¥54,789,242.58 for Q3 2018, down from ¥118,010,028.33 in Q3 2017[30] - Net profit for Q3 2018 was ¥45,606,739.02, a decrease of 58% from ¥109,515,802.85 in Q3 2017[30] - Net profit for Q3 2018 was ¥2,246,482.46, a decrease of 84.7% compared to ¥14,684,561.47 in Q3 2017[33] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 334,473,373.99, a decrease of 261.94% year-on-year[6] - Cash flow from operating activities for the first nine months of 2018 was negative at -¥334,473,373.99, compared to -¥92,411,114.57 in the same period last year[36] - Operating cash flow for the first nine months of 2018 was CNY 3,266,892,079.73, an increase from CNY 2,542,556,278.71 in the same period last year, representing a growth of approximately 28.5%[40] - Net cash flow from operating activities was negative CNY 386,803,664.25, compared to a positive CNY 19,399,400.56 in the previous year[40] Assets and Liabilities - Total assets increased by 10.44% to CNY 6,392,019,227.82 compared to the end of the previous year[6] - Total liabilities reached ¥3,384,258,958.00, compared to ¥3,042,833,384.45, indicating an increase of approximately 11.2%[21] - Current assets totaled ¥3,503,876,982.02, compared to ¥3,288,295,919.41, reflecting an increase of about 6.6%[20] - Cash and cash equivalents decreased to ¥605,133,521.74 from ¥1,048,702,921.47, a decline of approximately 42.3%[20] - Total liabilities as of Q3 2018 amounted to ¥2,640,141,143.59, an increase from ¥2,472,821,952.49 in the previous year[26] Operating Costs and Expenses - Operating costs increased by 48.75% to CNY 2,032,574,314.95, up from CNY 1,366,480,038.80, primarily due to sales growth and rising material prices[14] - Sales expenses surged by 95.96% to CNY 489,948,801.55, driven by increased advertising, employee compensation, and e-commerce costs[14] - The company’s financial expenses rose by 110.78% to CNY 62,406,806.70, mainly due to increased borrowing costs[14] - The company incurred a financial expense of ¥29,023,143.27 in Q3 2018, which is an increase of 134.5% from ¥12,400,823.10 in Q3 2017[33] Shareholder Information - The number of shareholders reached 13,746 by the end of the reporting period[9] - The largest shareholder, Shaoxing Huayi Investment Co., Ltd., holds 22.83% of the shares, amounting to 90,128,874 shares[9] Investment and Financing Activities - The company plans to issue A-share convertible bonds, with the application submitted to the China Securities Regulatory Commission in September 2018[17] - Total cash inflow from financing activities was CNY 1,372,623,116.50, compared to CNY 1,256,746,503.53 in the previous year, indicating a growth of approximately 9.2%[40] - Cash outflow for debt repayment was CNY 1,033,363,389.45, an increase from CNY 800,921,541.48 year-over-year[40] - The company received CNY 1,271,255,287.18 in loans, up from CNY 1,155,628,503.53 in the previous year, reflecting a growth of approximately 10%[40] Market Expansion - The company established overseas subsidiaries in Hong Kong and Thailand in August 2018 to expand its market presence[17] Tax and Subsidies - Non-operating income for the first nine months totaled CNY 20,473,589.06, with government subsidies contributing CNY 18,207,633.06[8] - The company recorded a significant increase in tax refunds received, amounting to CNY 58,289,909.89, a 305.12% rise from CNY 14,388,140.30[15] Goodwill and Impairment - The company’s goodwill increased by 31.04% to CNY 830,857,044.45, attributed to the acquisition of Jiaxing Milan Imaging Company[13] - The company reported a total asset impairment loss of ¥7,794,581.34 in Q3 2018, compared to ¥11,326,301.01 in Q3 2017[33]