CAIP(SH:603035)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders increased by 89.96% year-on-year, amounting to CNY 312,025,377.22[6] - Operating revenue for the first nine months rose by 16.22% year-on-year, totaling CNY 1,039,666,557.49[6] - Basic earnings per share increased by 88.14% year-on-year, standing at CNY 1.11[6] - The company reported a net profit excluding non-recurring gains and losses of CNY 164,093,109.46, a 6.59% increase year-on-year[6] - The company reported a significant increase in short-term borrowings, which rose to CNY 673,560,292.16 from CNY 215,255,472.96, reflecting an increase of about 212.5%[22] - Net profit for the first three quarters was ¥309,845,353.77, representing a significant increase of 88.5% compared to ¥164,257,753.07 in the previous year[30] - The company reported a basic earnings per share of ¥1.11 for the first three quarters, compared to ¥0.59 in the same period last year, reflecting an increase of 88.1%[30] - The net profit for Q3 2018 was CNY 42,742,262.57, an increase from CNY 35,401,564.19 in the same period last year, representing a growth of approximately 7.5%[34] - The total profit for Q3 2018 was CNY 42,783,316.70, an increase from CNY 34,528,530.66 in the same period last year, reflecting a growth of approximately 23%[34] Asset and Liability Changes - Total assets increased by 32.29% year-on-year, reaching CNY 4,185,225,712.92[6] - Current liabilities rose to CNY 1,368,589,976.57, compared to CNY 841,757,695.30 at the start of the year, indicating an increase of about 62.5%[22] - The total liabilities increased to CNY 1,696,319,307.41 from CNY 915,760,955.70, representing a growth of approximately 85.5%[23] - The total owner's equity reached CNY 2,488,906,405.51, up from CNY 2,247,941,051.74, indicating a growth of approximately 10.7%[23] Cash Flow and Investments - Net cash flow from operating activities increased by 75.96% year-on-year, reaching CNY 160,271,123.79[6] - The net cash flow from operating activities for the first nine months of 2018 was CNY 160,271,123.79, significantly higher than CNY 91,084,358.56 in the same period last year, reflecting an increase of approximately 76%[38] - The company reported a total investment cash outflow of CNY 1,192,997,463.40 for the first nine months of 2018, compared to CNY 488,586,418.39 in the previous year, indicating a substantial increase in investment activities[38] - Cash inflow from financing activities totaled $926.56 million, up from $156.60 million year-over-year, reflecting a strong increase in borrowing[41] - Cash outflow for investment activities was $1.38 billion, significantly higher than $518.24 million in the previous year, indicating increased investment spending[41] Shareholder Information - The total number of shareholders reached 22,125 by the end of the reporting period[9] - The top shareholder, Luo Xiaochun, holds 37.55% of the shares, with 105,151,940 shares pledged[10] Operational Metrics - Total operating costs for the same period were ¥1,029,828,664.77, up 19.6% from ¥860,956,462.23 year-on-year[28] - Research and development expenses grew by 44.00% to ¥34.34 million, reflecting investments in new projects[16] - The company’s financial expenses for the first three quarters totaled ¥22,915,611.38, significantly higher than ¥5,708,203.93 in the same period last year, primarily due to increased interest expenses[29] - Tax expenses for the first three quarters amounted to ¥53,148,808.70, compared to ¥13,649,304.47 in the same period last year, indicating a rise in tax obligations[29] Inventory and Receivables - Accounts receivable decreased by 11.19% to ¥468.44 million, attributed to timely collection of notes and receivables[12] - Other receivables increased by 296.87% to ¥30.99 million, mainly due to increased deposits for newly constructed factories[13] - Inventory increased by 42.67% to ¥294.30 million, driven by an increase in finished products from new projects[13]