SLPT(SH:603178)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 1,006,648,904.96, down 7.47% year-on-year[6] - Net profit attributable to shareholders was CNY 43,277,191.19, a decline of 31.38% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY 0.21, a decrease of 38.24% year-on-year[6] - The weighted average return on equity decreased by 8.54 percentage points to 5.22%[6] - Total operating revenue for Q3 2018 was ¥330,471,492.69, a decrease of 14.2% compared to ¥384,895,462.47 in Q3 2017[27] - Net profit for Q3 2018 was ¥9,220,563.75, a decline of 72.2% from ¥33,167,041.79 in Q3 2017[29] - Earnings per share for Q3 2018 was ¥0.05, compared to ¥0.14 in Q3 2017[29] - Operating profit for the first nine months was CNY 28,943,855.70, a decline of 46.3% from CNY 53,864,329.22 in the same period last year[31] Cash Flow - Net cash flow from operating activities increased by 49.06% to CNY 143,542,296.43 for the first nine months[6] - Cash flow from operating activities for the first nine months was CNY 143,542,296.43, an increase of 49.1% compared to CNY 96,299,467.35 last year[35] - Operating cash flow for the year-to-date period (January to September) was negative at -$3.40 million, a significant decline from $32.58 million in the same period last year, indicating a decrease of approximately 110.4%[38] - The cash flow from operating activities was impacted by a total cash outflow of $463.59 million, which is an increase from $451.18 million year-over-year, indicating a rise of about 2.9%[38] - The company reported a cash flow net increase of -$8.34 million, contrasting with a positive increase of $40.68 million in the same period last year, reflecting a decline of approximately 120.5%[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,036,607,544.89, a decrease of 3.27% compared to the end of the previous year[6] - Total current assets decreased from CNY 979,094,495.70 at the beginning of the year to CNY 774,067,076.10, a decline of approximately 21%[19] - Total liabilities decreased from CNY 1,239,400,718.99 to CNY 1,148,209,757.71, a decline of about 7%[21] - Non-current assets increased from CNY 1,126,382,676.98 to CNY 1,262,540,468.79, an increase of approximately 12%[20] - The company's total assets decreased from CNY 2,105,477,172.68 to CNY 2,036,607,544.89, a decline of about 3%[21] - The company's cash and cash equivalents decreased from CNY 170,595,799.73 to CNY 108,224,722.23, a decrease of approximately 37%[19] - Cash and cash equivalents decreased by 36.56% from the beginning of the year, totaling RMB 108,224,722.23[12] - Short-term borrowings increased significantly from CNY 400,599,331.52 to CNY 544,978,879.94, an increase of approximately 36%[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,989[10] - The largest shareholder, Ningbo Shenglong Group Co., Ltd., held 60.34% of the shares[10] Income and Expenditures - The company reported non-operating income from government subsidies amounting to CNY 7,633,933.94 for the first nine months[7] - Investment income rose by 63.05% year-on-year, reaching RMB 19,623,195.21[13] - Other income decreased by 54.65% year-on-year, totaling RMB 7,830,144.69[13] - The company reported a significant increase in income from non-operating activities, rising by 699.26% year-on-year[14] - The company received cash from investment recoveries amounting to RMB 85,000,000.00, a 70.00% increase year-on-year[14] - Research and development expenses for Q3 2018 were ¥18,534,699.07, a decrease of 10.2% from ¥20,639,239.25 in Q3 2017[28] - Research and development expenses increased to CNY 9,542,960.78, up 23.8% from CNY 7,704,932.21 year-over-year[31] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[30] - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[31] - The company is exploring opportunities for market expansion and potential acquisitions to drive future growth[31]