JOEONE(SH:601566)2018-10-24 16:00Financial Performance - Operating revenue increased by 7.74% to CNY 192,145.64 million for the first nine months compared to the same period last year[5] - Net profit attributable to shareholders increased by 1.86% to CNY 34,963.39 million for the first nine months compared to the same period last year[5] - Basic earnings per share increased by 1.67% to CNY 0.61 per share[5] - Total revenue for the company reached RMB 187,978.73 million, representing a 6.90% increase compared to the previous year[38] - The gross margin for the overall company decreased slightly by 0.03 percentage points to 58.01% compared to the previous year[42] - The company reported a total operating cost of RMB 78,933.07 million, which increased by 6.98% year-on-year[38] - The net profit for the first nine months of 2018 reached ¥458,070,915.67, an increase of 25.9% from ¥364,205,109.17 in the same period last year[62] - The total profit for the first nine months of 2018 was ¥515,086,023.35, an increase from ¥426,598,454.56 in the same period last year[61] Asset and Liability Changes - Total assets decreased by 10.48% to CNY 574,079.19 million compared to the end of the previous year[5] - Net assets attributable to shareholders decreased by 14.91% to CNY 453,552.77 million compared to the end of the previous year[5] - Total current assets decreased from ¥2,832,343,965.44 to ¥2,119,494,366.30, a decline of approximately 25.1%[48] - Total liabilities rose from ¥1,082,692,925.54 to ¥1,196,864,996.99, reflecting an increase of approximately 10.5%[50] - Total equity attributable to shareholders decreased from ¥5,330,042,157.92 to ¥4,535,527,696.42, a decline of about 14.9%[50] - Total liabilities decreased to ¥1,063,212,378.41 in Q3 2018 from ¥1,335,069,818.45 in Q3 2017, a reduction of approximately 20.3%[57] - Total equity as of Q3 2018 was ¥3,913,088,379.84, down from ¥4,029,654,614.17 in Q3 2017, reflecting a decline of about 2.9%[57] Cash Flow Analysis - Net cash flow from operating activities decreased by 4.12% to CNY 26,999.51 million for the first nine months compared to the same period last year[5] - Cash inflow from operating activities for the year-to-date period reached ¥2,266,695,046.43, an increase of 8.5% compared to ¥2,088,653,970.68 in the previous year[64] - Net cash flow from investment activities was ¥342,960,754.46, up from ¥254,846,497.21 in the previous year, indicating a positive trend[65] - Total cash inflow from financing activities was ¥68,909,000.00, compared to ¥41,785,938.22 in the previous year, reflecting an increase of 64.8%[65] - The ending balance of cash and cash equivalents was ¥336,134,062.75, a slight increase from ¥334,089,036.98 at the end of the previous year[65] Shareholder Information - The total number of shareholders reached 16,657[8] - The largest shareholder, Jomoo International Investment Holdings, holds 53.73% of the shares[8] Investment and R&D - R&D expenses increased by 67.78 million RMB, a growth of 35.61%, mainly due to increased design fees and salaries for development personnel[14] - Other income increased by 125.93 million RMB, a growth of 312.96%, primarily due to increased government subsidies received during the reporting period[14] - The company completed a capital increase in Shanghai Xinxingtong Commercial Clothing Co., Ltd., holding 70% of its equity after an investment of 110 million RMB[21] Inventory and Sales - Inventory increased from ¥738,953,278.51 to ¥826,116,210.66, representing a growth of about 11.8%[48] - Online sales accounted for 9.64% of total revenue, with a gross margin of 55.59%, while offline sales made up 90.36% with a gross margin of 58.27%[42] - Revenue from East China region was RMB 77,384.65 million, contributing 41.17% to total revenue, with a year-on-year growth of 9.63%[45] Construction and Assets - Construction in progress increased by 117.14 million RMB, a growth of 286.52%, mainly due to increased expenses for logistics warehouse construction and upgrades to information equipment and software[11] - The company reported a significant increase in construction in progress from ¥4,088,381.65 to ¥15,802,451.13, indicating ongoing investment in assets[49]