Tederic(SH:603289)2018-10-22 16:00Financial Performance - Operating revenue for the first nine months rose by 10.27% to CNY 561,767,997.05 compared to the same period last year[6] - Net profit attributable to shareholders increased by 11.46% to CNY 70,416,363.33 compared to the same period last year[6] - Total profit for the first nine months of 2018 was ¥81,157,591.83, an increase of 12.5% from ¥71,940,300.44 in the same period of 2017[26] - Operating profit for the first nine months of 2018 reached CNY 76,668,564.04, compared to CNY 64,182,284.31 in the previous year, indicating a year-over-year increase of about 19.5%[30] - The net profit for Q3 2018 was CNY 23,554,196.45, an increase from CNY 19,291,840.63 in the same period last year, representing a growth of approximately 11.7%[30] Assets and Liabilities - Total assets increased by 2.39% to CNY 1,307,293,585.23 compared to the end of the previous year[6] - Total current assets increased to ¥1,086,925,066.87 from ¥1,062,240,381.25, reflecting a growth of approximately 2.6%[18] - Total liabilities decreased to ¥376,302,155.51 from ¥389,922,735.86, a reduction of approximately 3.9%[19] - Owner's equity increased to ¥930,991,429.72 from ¥886,802,866.39, reflecting a growth of about 5.0%[19] Cash Flow - Net cash flow from operating activities decreased by 124.43% to -CNY 15,923,021.32 compared to the same period last year[6] - Cash inflow from investment activities for the first nine months was CNY 165,056,155.15, a recovery from a cash outflow of CNY -23,910,562.87 in the same period last year[33] - Cash inflow from investment activities totaled $437,912,620.47, a substantial increase from $160,705,657.43 in the previous year, marking a growth of 172.5%[35] - The ending balance of cash and cash equivalents increased to $266,544,931.80, up from $148,380,573.79, reflecting a growth of 79.6%[36] Shareholder Information - The total number of shareholders reached 20,899 at the end of the reporting period[8] - The largest shareholder, Hangzhou Taide Ruike Investment Management Co., Ltd., holds 48.31% of shares, with 26,000,000 shares pledged[8] Investment and Expenses - R&D expenses for Q3 2018 were ¥7,534,965.06, up 10.9% from ¥6,789,377.58 in Q3 2017[25] - The company reported a total of CNY 3,874,292.68 in net non-operating income for the first nine months[7] - Investment income surged by 296.03% to ¥4,234,211.30 from ¥1,069,176.95, driven by higher returns from financial products[10] Government Support - Government subsidies recognized in the first nine months amounted to CNY 6,034,440.03[7] Market Strategy - The company plans to expand its market presence and invest in new product development to drive future growth[18]