Kinwong(SH:603228)2018-10-30 16:00Financial Performance - Operating income for the first nine months reached CNY 3,641,513,075.35, an increase of 18.09% compared to the same period last year[5] - Net profit attributable to shareholders increased by 21.71% to CNY 628,689,342.87 year-over-year[5] - Basic earnings per share increased by 21.26% to CNY 1.54[5] - Total revenue for Q3 2018 reached ¥1,366,722,999.14, an increase of 22.7% compared to ¥1,113,799,957.08 in Q3 2017[27] - Operating profit for Q3 2018 was ¥285,914,803.89, up 18.0% from ¥242,386,849.90 in the same period last year[29] - Net profit for Q3 2018 was ¥237,564,798.72, representing a 18.4% increase from ¥200,652,677.71 in Q3 2017[29] - The total comprehensive income attributable to the parent company for the first nine months of 2018 reached ¥628.69 million, a 21.7% increase from ¥516.53 million in the same period last year[31] - The total profit for Q3 2018 was ¥75.62 million, an increase of 22.6% from ¥61.68 million in Q3 2017[33] Asset and Liability Growth - Total assets increased by 39.13% to CNY 6,646,776,300.04 compared to the end of the previous year[5] - Total liabilities amounted to approximately 2.69 billion RMB, up from 1.50 billion RMB, marking an increase of about 79%[21] - Total assets as of Q3 2018 amounted to ¥4,156,520,012.97, compared to ¥2,953,719,795.21 at the end of Q3 2017, reflecting a growth of 40.5%[25] - Total liabilities increased to ¥2,047,645,689.61 in Q3 2018, up from ¥1,080,487,394.11 in Q3 2017, marking an increase of 89.5%[25] Cash Flow Analysis - Cash flow from operating activities for the first nine months was CNY 565,367,582.39, up 20.58% from the previous year[5] - The net cash flow from operating activities for the first nine months of 2018 was CNY 222,288,514.76, a decrease of 26.8% compared to CNY 303,812,636.67 in the same period last year[40] - Total cash inflow from operating activities was CNY 1,807,403,173.57, up 19.7% from CNY 1,509,706,404.38 year-on-year[40] - The net cash flow from investing activities was -CNY 1,103,593,244.30, worsening from -CNY 957,723,501.41 in the previous year[41] - Cash inflow from financing activities totaled CNY 978,807,701.71, significantly higher than CNY 6,101,262.38 in the same period last year[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,038[8] - The top shareholder, Shenzhen Jinghong Yongtai Investment Holding Co., Ltd., holds 37.26% of the shares[8] Investment and Acquisitions - The company agreed to acquire 51% of Zhuhai Double Win Flexible Circuit Co., Ltd. from Luxshare Precision for 289.59 million RMB, with the first payment of 80 million RMB due within 15 working days after approval[15] - The company successfully issued convertible bonds totaling RMB 97,800 million, with a net amount of RMB 96,290.20 million after deducting issuance costs[13] Research and Development - Research and development expenses for Q3 2018 were ¥61,835,311.71, an increase of 10.5% from ¥55,859,409.82 in Q3 2017[28] - Research and development expenses for Q3 2018 were ¥30.84 million, a significant increase of 51% compared to ¥20.40 million in Q3 2017[32] Financial Ratios - The weighted average return on equity improved by 1.08 percentage points to 18.08%[5] - The company reported a gross profit margin of approximately 20.5% for Q3 2018, compared to 18.5% in Q3 2017[28] - The gross profit margin for Q3 2018 was approximately 20.3%, compared to 21.5% in Q3 2017, indicating a slight decline in profitability[32]