江化微(603078) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months rose by 5.00% to CNY 283,652,009.47 year-on-year[7] - Net profit attributable to shareholders decreased by 31.57% to CNY 29,501,818.34 compared to the same period last year[7] - Basic and diluted earnings per share fell by 39.18% to CNY 0.3512[8] - The weighted average return on net assets decreased by 3.6 percentage points to 3.93%[8] - The company reported a net profit of CNY 4,121,159.81 from non-recurring gains and losses for the year-to-date[10] - Net profit for the first nine months of 2018 reached CNY 29,501,818.34, a decrease of 31.6% from CNY 43,115,505.99 in the same period of 2017[28] - The total profit for the first nine months of 2018 was CNY 35,128,746.07, down from CNY 48,894,249.83 in the same period of 2017, indicating a decrease of about 28.1%[31] Assets and Liabilities - Total assets increased by 7.89% to CNY 952,044,894.11 compared to the end of the previous year[7] - The total number of shareholders reached 6,686 by the end of the reporting period[12] - The largest shareholder, Yin Fuhua, holds 27.42% of the shares, totaling 23,031,890 shares[12] - The company's cash and cash equivalents increased to ¥258,094,836.17, a 68.36% rise from ¥153,300,256.10 at the beginning of the year[14] - Accounts receivable decreased by 55.71% to ¥27,002,416.51 due to an increase in the collection of matured notes during the reporting period[15] - Prepayments increased by 102.01% to ¥3,689,178.90, primarily due to an increase in prepayments during the reporting period[15] - Construction in progress surged by 868.24% to ¥118,343,352.58, attributed to investments in subsidiary construction and fundraising projects[15] - The total liabilities rose to ¥192,678,773.22, compared to ¥134,588,405.01 at the beginning of the year[22] - The company's equity attributable to shareholders increased to ¥759,366,120.89, up from ¥747,864,302.55 at the beginning of the year[22] Cash Flow - Cash flow from operating activities increased significantly by 64.12% to CNY 48,383,088.96 year-to-date[7] - The net cash flow from operating activities increased by 64.12% to ¥48,383,088.96, driven by an increase in cash received from sales[15] - Cash inflow from sales of goods and services reached ¥222,872,631.44, an increase of 7.5% compared to ¥206,668,663.82 in the same period last year[34] - Total cash inflow from investment activities amounted to ¥243,240,568.91, significantly higher than ¥10,111,277.19 in the previous year[35] - Net cash flow from investment activities was -¥35,431,181.30, an improvement from -¥323,323,956.72 in the same period last year[35] - Cash inflow from financing activities totaled ¥40,000,000.00, compared to ¥362,700,000.00 in the previous year[39] - Net cash flow from financing activities was ¥20,980,105.62, down from ¥311,656,052.80 year-on-year[39] - The ending balance of cash and cash equivalents was ¥258,094,836.17, up from ¥152,339,387.51 at the end of the previous year[35] Research and Development - Research and development expenses for Q3 2018 were CNY 6,299,027.67, an increase of 61.3% compared to CNY 3,905,766.40 in Q3 2017[28] - Research and development expenses increased to CNY 5,486,237.02 in Q3 2018, up from CNY 3,905,766.40 in Q3 2017, marking a rise of about 40.4%[31] Future Plans - The company plans to issue convertible bonds totaling up to ¥29,500 million, which has been approved by the board and shareholders[16] - The company has not disclosed any new product developments or market expansion strategies in this report[5]