Hoshine Silicon(SH:603260)2018-10-18 16:00Financial Performance - Operating revenue for the first nine months reached CNY 8.44 billion, a 71.51% increase from the same period last year[7] - Net profit attributable to shareholders surged by 132.50% to CNY 2.25 billion year-on-year[7] - Basic earnings per share increased by 108.07% to CNY 3.35 per share[8] - Total operating revenue for Q3 2018 reached ¥2,967,707,278.94, a 72.5% increase from ¥1,720,596,469.14 in Q3 2017[29] - Net profit for Q3 2018 was ¥817,563,081.11, representing a 96.0% increase compared to ¥417,842,263.09 in Q3 2017[30] - The company's total profit for the first nine months of 2018 was ¥777.48 million, compared to ¥543.36 million in the same period last year[33] Assets and Liabilities - Total assets increased by 8.42% to CNY 15.36 billion compared to the end of the previous year[7] - The company's total equity increased to ¥4,002,168,502.32 in Q3 2018, compared to ¥3,635,426,860.32 in Q3 2017[27] - Total liabilities for Q3 2018 were ¥4,705,239,520.90, up from ¥3,202,538,649.26 in Q3 2017[27] - The total liabilities decreased by 36.48% in accounts payable, amounting to RMB 2,809,162,594.74, due to the repayment of bank acceptance bills[14] Cash Flow - Cash flow from operating activities decreased by 10.67% to CNY 1.29 billion compared to the previous year[7] - The company's operating cash flow decreased by 10.67% to RMB 1,287,300,322.68 compared to the previous year[16] - Cash inflow from investment activities totaled CNY 1,187,845,077.24, while cash outflow was CNY 2,627,767,954.14, resulting in a net cash flow of -CNY 1,439,922,876.90[42] - Cash inflow from financing activities amounted to CNY 2,727,601,812.37, with cash outflow of CNY 2,977,904,422.16, leading to a net cash flow of -CNY 250,302,609.79[39] Shareholder Information - The top ten shareholders include Ningbo Hesheng Group holding 58.28% of shares, and Fidelity Industrial Company holding 24.62%[12] - The company reported a total of 32,325 shareholders as of the end of the reporting period[12] Research and Development - Research and development expenses surged by 165.44% to RMB 151,491,733.26, reflecting increased investment in R&D[15] - Research and development expenses for Q3 2018 were ¥69,837,892.28, significantly higher than ¥26,295,300.93 in Q3 2017[29] Future Outlook - The company anticipates continued growth in revenue and profitability for the upcoming quarters based on current market trends and operational strategies[30] - The company's net profit for the year is not expected to incur significant losses compared to the previous year[18]