DEPPON(SH:603056)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders increased by 28.32% year-on-year, amounting to CNY 458,964,028.29[8] - Operating revenue for the first nine months rose by 9.60% year-on-year, totaling CNY 16,051,070,261.09[8] - Basic earnings per share increased by 14.29% to CNY 0.48[9] - Total revenue for Q3 2018 reached ¥5,856,499,993.01, an increase of 8.9% compared to ¥5,377,487,082.94 in Q3 2017[25] - Year-to-date revenue for 2018 was ¥16,051,070,261.09, up 9.7% from ¥14,644,846,306.39 in the same period of 2017[25] - Net profit for Q3 2018 was ¥152,194,594.06, down 36.4% from ¥239,480,662.22 in Q3 2017[27] - Net profit for Q3 2018 was ¥41,227,786.82, compared to a net loss of ¥16,567,009.64 in Q3 2017, indicating a turnaround in profitability[31] - The total comprehensive income for Q3 2018 was ¥41,227,786.82, compared to a loss of ¥16,567,009.64 in the same quarter last year, marking a significant recovery[31] Asset and Liability Management - Total assets increased by 31.65% year-on-year, reaching CNY 8,584,838,845.93[8] - Total assets reached ¥8,584,838,845.93, up from ¥6,521,171,762.27, indicating significant growth in the company's financial position[21] - Total liabilities increased to ¥4,804,209,395.70 from ¥3,449,864,400.37, reflecting the company's expansion and increased borrowing[21] - The company’s total liabilities increased to ¥16,396,360,627.22 in the first nine months, up from ¥7,044,930,757.10 in the previous year, indicating a rise in financial obligations[35] - The company's equity attributable to shareholders rose to ¥3,780,629,450.23 from ¥3,071,307,361.90, demonstrating improved profitability and retained earnings[21] Cash Flow Analysis - Net cash flow from operating activities for the first nine months was CNY 1,213,864,974.49, a 2.54% increase compared to the previous year[8] - Cash inflow from operating activities for the first nine months was ¥17,482,039,430.13, compared to ¥15,875,188,902.75 in the previous year, reflecting a growth of 10.1%[35] - Cash outflow from investment activities totaled 13,183,313,289.97 RMB, compared to 4,263,989,805.07 RMB in the same period last year[36] - Net cash flow from financing activities was 1,194,991,277.42 RMB, an increase from 115,040,532.59 RMB in the previous year[37] - The ending cash and cash equivalents balance was 2,301,484,992.99 RMB, up from 670,709,780.99 RMB at the end of the previous year[37] Investment and R&D - Research and development expenses rose by 185.10% to ¥128,019,456.55 from ¥44,903,950.79, reflecting increased investment in smart logistics[17] - Research and development expenses for Q3 2018 were ¥63,761,006.90, significantly higher than ¥13,917,394.45 in Q3 2017, indicating a focus on innovation[26] - The company plans to continue enhancing its logistics capabilities through increased R&D investment and market expansion strategies[19] Shareholder Information - The total number of shareholders reached 28,186 by the end of the reporting period[14] - The largest shareholder, Ningbo Meishan Bonded Port Area Debang Investment Holding Co., Ltd., holds 71.99% of shares[14] Other Financial Metrics - The weighted average return on equity decreased by 0.72 percentage points to 12.50%[9] - Non-recurring gains and losses for the first nine months totaled CNY 147,228,905.48[10] - Cash and cash equivalents increased by 30.19% to ¥2,471,943,820.07 from ¥1,898,783,678.20, primarily due to improved accounts receivable collection and increased short-term borrowings[17] - Other current assets surged by 330.94% to ¥1,863,716,371.84 from ¥432,481,893.44, mainly attributed to an increase in financial products[17] - Deferred tax liabilities increased by 239.85% to ¥106,626,059.57 from ¥31,374,427.75, influenced by changes in national tax policies regarding accelerated depreciation[17]