FUDA ALLOY(SH:603045)2018-10-29 16:00Financial Performance - Revenue for the first nine months was CNY 947,316,600.82, representing a 2.05% increase year-on-year[6]. - Net profit attributable to shareholders decreased by 6.81% to CNY 37,143,964.92 compared to the same period last year[6]. - Basic earnings per share decreased by 18.84% to CNY 0.4388[7]. - The company's total revenue for Q3 2018 was approximately ¥328.58 million, a slight decrease of 1.3% compared to ¥333.54 million in Q3 2017[25]. - The net profit for Q3 2018 was ¥11.72 million, down 29.5% from ¥16.66 million in the same period last year[26]. - The operating profit for Q3 2018 was ¥11.79 million, a decrease of 31.9% from ¥17.30 million in Q3 2017[26]. - The company's total equity increased to ¥747.70 million in Q3 2018 from ¥501.67 million in Q3 2017, marking a growth of 48.9%[23]. Assets and Liabilities - Total assets increased by 15.88% to CNY 1,253,620,832.22 compared to the end of the previous year[6]. - The total assets increased to ¥1.25 billion in Q3 2018 from ¥1.08 billion in Q3 2017, representing a growth of 15.9%[22]. - The total liabilities decreased to ¥505.92 million in Q3 2018 from ¥580.20 million in Q3 2017, a reduction of 12.8%[22]. - Cash and cash equivalents increased by 30.58% to ¥67,116,892.73 from ¥51,398,199.15 due to operational funding subscriptions[14]. - The company reported a substantial increase in capital reserves by 182.74% to ¥285,166,851.47 from ¥100,858,908.07, due to the initial public offering premium[15]. Cash Flow - Operating cash flow turned negative with a net cash flow of -CNY 123,130,086.77, a decrease of 440.49% year-on-year[6]. - Net cash flow from operating activities decreased by 440.49% to -¥123,130,086.77 from ¥36,162,254.85, primarily due to increased inventory and accounts receivable[17]. - Net cash flow from investing activities improved by 68.04% to -¥45,982,234.81 from -¥143,863,802.41, resulting from increased cash inflows from redeeming financial products[18]. - Net cash flow from financing activities rose by 248.93% to ¥177,305,469.33 from ¥50,813,676.73, driven by cash received from the initial public offering[18]. - The cash flow from operating activities showed a net outflow of ¥123.13 million in the first nine months of 2018, compared to a net inflow of ¥36.16 million in the same period last year[28]. Shareholder Information - The total number of shareholders at the end of the reporting period was 16,135[12]. - The largest shareholder, Wang Dawu, holds 26.34% of the shares, with 5,750,000 shares pledged[12]. Other Financial Metrics - The company reported a net loss from non-current asset disposal of CNY 523,808.50 for the year-to-date[8]. - Government subsidies recognized during the reporting period amounted to CNY 5,274,351.49[8]. - Trading financial assets surged by 18,182.21% to ¥115,177,916.16 from ¥630,000.00, attributed to idle raised funds and increased structured deposits[14]. - Inventory rose by 32.89% to ¥356,479,095.88 from ¥268,257,944.68, driven by sales growth and improved customer service[14]. - Interest expenses increased by 30.21% to ¥22,447,679.86 from ¥17,239,854.66 due to higher loan volumes and interest rates[16]. - Interest income grew by 140.48% to ¥211,895.36 from ¥88,111.95, reflecting an increase in deposit interest[16].