ADD(SH:603089)2018-10-25 16:00Financial Performance - Operating revenue rose by 18.77% to CNY 747,661,258.56 year-to-date[6] - Net profit attributable to shareholders increased by 2.51% to CNY 63,576,762.22[6] - Basic and diluted earnings per share were CNY 0.60, up 3.45% from the previous year[6] - Total operating revenue for Q3 2018 reached ¥291,468,355.66, an increase of 37.7% compared to ¥211,636,317.04 in Q3 2017[26] - Net profit for the first nine months of 2018 was ¥70,399,120.65, a decrease of 6.4% compared to ¥75,512,137.60 in the same period of 2017[27] - The net profit for Q3 2018 was CNY 42,462,232.11, compared to CNY 16,444,682.71 in the same period last year, representing a year-over-year increase of 158.5%[28] - Total operating revenue for the first nine months of 2018 reached CNY 482,440,426.98, a 33.1% increase from CNY 362,613,134.88 in the same period last year[30] - The company reported a total profit of CNY 32,110,752.39 for Q3 2018, up from CNY 13,627,101.80 in Q3 2017, indicating a growth of 135.5%[31] Assets and Liabilities - Total assets increased by 14.70% to CNY 1,206,635,766.44 compared to the end of the previous year[6] - The company's total assets increased to RMB 1,206,635,766.44, up from RMB 1,051,948,965.81 at the end of the previous year[19] - Total assets as of September 30, 2018, amounted to ¥988,739,003.57, an increase from ¥854,696,528.64 at the beginning of the year[24] - The company's total liabilities increased, with current liabilities totaling RMB 454,369,870.48, compared to RMB 331,170,218.07 at the end of the previous year[19] - Total liabilities as of September 30, 2018, were ¥298,345,914.26, compared to ¥182,263,743.52 at the beginning of the year, reflecting a significant increase[24] Cash Flow - Net cash flow from operating activities decreased by 77.60% to CNY 19,410,614.65 year-to-date[6] - The net cash flow from operating activities decreased to ¥19,410,614.65, down 77.6% from ¥86,668,451.74 year-on-year[34] - Cash inflow from operating activities for the period reached ¥792,535,000.06, an increase of 5.1% compared to ¥754,094,165.94 in the same period last year[34] - Investment activities generated a net cash outflow of RMB 123,597,755.00, reflecting new equity acquisition payments and changes in financial products[13] - Cash inflow from investment activities totaled ¥556,985,797.72, significantly higher than ¥263,758,207.93 in the previous year, marking a 111.1% increase[35] - The ending cash and cash equivalents balance was ¥170,597,155.83, a decrease from ¥197,058,892.38 in the previous year[35] Shareholder Information - The total number of shareholders reached 10,197 by the end of the reporting period[9] - The largest shareholder, Zhejiang Zhengyu Investment Co., Ltd., holds 47.17% of the shares[9] Research and Development - Research and development expenses for the first nine months of 2018 were ¥29,244,368.23, slightly down from ¥30,061,552.42 in the same period of 2017[27] - Research and development expenses for the first nine months of 2018 were CNY 14,234,096.13, compared to CNY 13,391,534.46 in the same period last year, showing an increase of 6.3%[30] Other Financial Metrics - The weighted average return on equity decreased by 0.76 percentage points to 8.77%[6] - The company reported a significant increase in asset impairment losses, which rose by 538.46% to RMB 7,304,650.71 due to higher provisions for bad debts and inventory write-downs[13] - The company recorded a financial expense of CNY -10,275,998.66 for the first nine months of 2018, compared to CNY 2,960,184.63 in the same period last year, indicating a significant change in financial performance[30] - The company reported an asset impairment loss of CNY 4,135,517.17 for the first nine months of 2018, compared to a gain of CNY -717,701.59 in the same period last year[30]