ECH(SH:603200)2018-10-25 16:00Financial Performance - Operating revenue for the year-to-date period was ¥273,051,729.47, representing a growth of 22.25% year-on-year[6]. - Net profit attributable to shareholders was ¥59,265,823.48, reflecting a year-on-year increase of 29.75%[6]. - Basic earnings per share increased to ¥0.80, up 11.11% from ¥0.72 in the previous year[7]. - Total operating revenue for Q3 2018 reached ¥89,575,097.25, an increase of 18.99% compared to ¥75,261,365.23 in Q3 2017[28]. - Net profit for Q3 2018 was ¥13,586,097.10, a decrease of 20.06% from ¥17,140,740.04 in Q3 2017[31]. - Basic earnings per share for Q3 2018 was ¥0.18, down from ¥0.23 in Q3 2017[32]. - The company reported a total profit of ¥14,259,411.38 for Q3 2018, down from ¥19,611,530.94 in Q3 2017[30]. - Operating profit for Q3 2018 was ¥14,172,053.17, a decrease of 21.00% from ¥18,055,901.72 in Q3 2017[30]. Cash Flow - Net cash flow from operating activities was ¥9,339,077.63, a decrease of 67.44% compared to the same period last year[6]. - The net cash flow from operating activities for the first nine months of 2018 was CNY 9,339,077.63, down from CNY 28,680,400.42 in the previous year, indicating a decline of approximately 67.4%[39]. - The cash and cash equivalents at the end of Q3 2018 were CNY 122,182,815.06, a decrease from CNY 289,196,093.58 at the end of the previous year, representing a decline of approximately 57.8%[40]. - The company experienced a net decrease in cash and cash equivalents of CNY 147,610,868.23 in the first nine months of 2018, contrasting with a net increase of CNY 135,945,514.27 in the same period of 2017[40]. - Net cash flow from operating activities was -$7.84 million, a decrease from $27.80 million in the same quarter last year[42]. - Cash outflow from operating activities totaled $298.46 million, compared to $207.92 million in the previous year[42]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥843,722,141.86, an increase of 6.34% compared to the end of the previous year[6]. - Total current assets increased to ¥757,065,622.08 from ¥744,796,682.38, representing a growth of approximately 1.7%[21]. - Total non-current assets increased to ¥86,656,519.78 from ¥48,595,487.73, a significant rise of about 78.2%[22]. - Total current liabilities increased to ¥116,592,218.35 from ¥81,262,265.57, a rise of about 43.4%[22]. - Total liabilities increased to ¥116,592,218.35 from ¥81,371,865.54, reflecting a growth of approximately 43.3%[23]. - Shareholders' equity rose to ¥727,129,923.51 from ¥712,020,304.57, an increase of about 2.1%[23]. Shareholder Information - The total number of shareholders at the end of the reporting period was 7,929[10]. - The largest shareholder, Wang Wei, holds 34,307,450 shares, accounting for 45.72% of total shares, with 13,860,000 shares pledged[10]. - The controlling shareholder, Wang Wei, announced an ongoing plan to increase shareholding, which has not yet been fully executed[15]. Research and Development - Research and development expenses rose by 33.37% to CNY 14,935,901.40 reflecting higher investment in R&D activities[13]. - Research and development expenses for Q3 2018 amounted to ¥4,673,486.71, an increase of 55.00% compared to ¥3,018,383.33 in Q3 2017[30]. Other Financial Metrics - The weighted average return on net assets decreased to 8.09%, down 0.70 percentage points from the previous year[7]. - Non-operating income for the year-to-date period totaled ¥574,042.84, with government subsidies contributing ¥2,826,380.00[9]. - The company reported a capital reserve of ¥376,095,606.26, up from ¥341,976,818.22, representing an increase of approximately 9.9%[23]. - The company’s retained earnings decreased slightly to ¥265,732,646.91 from ¥266,502,423.43, a decline of about 0.3%[23].