Shandong Daye (SH:603278)2018-10-16 16:00Financial Performance - Revenue for the first nine months reached CNY 1,790,533,180.97, a 32.49% increase compared to the same period last year[6]. - Net profit attributable to shareholders grew by 58.48% to CNY 170,660,667.37 year-on-year[6]. - Basic and diluted earnings per share increased by 18.84% to CNY 0.82[7]. - Total operating revenue for the third quarter reached ¥630,620,594.55, a 23.6% increase from ¥510,055,177.89 in the same period last year[24]. - Total operating revenue for Q3 2018 was CNY 627,124,540.68, an increase of 23.6% compared to CNY 507,194,482.65 in Q3 2017[28]. - Net profit for Q3 2018 reached CNY 69,240,282.02, representing a 77.5% increase from CNY 38,938,868.55 in Q3 2017[26]. - The company reported a total comprehensive income of CNY 69,240,282.02 for Q3 2018, compared to CNY 38,938,868.55 in Q3 2017, an increase of 77.5%[27]. - The company achieved a total comprehensive income of ¥68.90 million for Q3 2018, compared to ¥38.85 million in Q3 2017, indicating a growth of 77.5%[29]. Assets and Liabilities - Total assets increased by 5.33% to CNY 2,966,490,404.77 compared to the end of the previous year[6]. - Total liabilities increased to ¥1,481,668,295.41 from ¥1,463,122,400.64, marking a rise of 1.8%[23]. - Accounts receivable increased by 12.51% to RMB 913,770,649.44 from RMB 812,163,618.04, primarily due to increased sales revenue[13]. - Inventory rose by 18.61% to RMB 286,561,970.87 from RMB 241,604,734.82, attributed to increased production and safety stock levels[13]. - Accounts payable rose by 15.40% to RMB 1,102,202,436.80 from RMB 955,141,785.22, driven by increased business volume[15]. - Long-term borrowings decreased by 31.94% to RMB 49,000,000.00 from RMB 72,000,000.00, reflecting a reduction in bank loans[15]. Cash Flow - Operating cash flow increased significantly by 1,053.41% to CNY 314,074,713.91 for the first nine months[6]. - Cash flow from operating activities for the first nine months of 2018 was ¥314.07 million, significantly higher than ¥27.23 million in the same period last year[31]. - Total cash inflow from investment activities was ¥815.63 million, compared to ¥134.12 million in the previous year, indicating a substantial increase of 508.5%[32]. - Cash inflow from financing activities showed a net outflow of ¥138.63 million, a decrease from a net inflow of ¥12.45 million in the same period last year[32]. - The net cash flow from operating activities increased significantly to ¥313,470,608.89, compared to ¥26,778,038.20 in the same period last year, representing a growth of approximately 1,071%[34]. - The total cash and cash equivalents at the end of the period stood at ¥166,035,530.73, a significant increase from ¥17,195,856.97 at the end of the same period last year[35]. Shareholder Information - The total number of shareholders reached 21,142 by the end of the reporting period[12]. - The top shareholder, Dou Yong, holds 38.25% of the shares, totaling 79,560,000 shares[12]. Expenses - Operating costs for Q3 2018 amounted to CNY 515,712,609.68, up from CNY 415,033,649.14 in the same period last year, reflecting a 24.2% increase[28]. - The company incurred total operating expenses of ¥988.24 million in the first nine months of 2018, compared to ¥845.24 million in the same period last year, representing an increase of 16.9%[31]. - Research and development expenses for Q3 2018 were CNY 9,783,849.15, compared to CNY 8,601,794.75 in Q3 2017, showing a 13.7% increase[28].