TC(SH:603421)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 1,095,482,230.59, representing a year-on-year growth of 21.85%[7] - Net profit attributable to shareholders decreased by 14.77% year-on-year, amounting to CNY 197,552,331.83[7] - Basic earnings per share decreased by 15.09% to CNY 0.45[7] - Total operating revenue for Q3 reached ¥452.23 million, a 18.6% increase from ¥381.43 million in the same period last year[26] - Operating profit for Q3 was ¥98.63 million, a decrease of 18.9% compared to ¥121.78 million in Q3 of the previous year[27] - Net profit for Q3 was ¥92.40 million, down 19.4% from ¥114.69 million in the same quarter last year[27] - The company reported a total revenue of ¥1.10 billion for the first nine months of the year, up 22% from ¥899.05 million in the same period last year[26] - The total operating costs for the first nine months were ¥958.85 million, an increase of 31.8% from ¥727.30 million year-over-year[26] Assets and Liabilities - Total assets increased by 25.20% year-on-year, reaching CNY 3,389,723,770.52 at the end of the reporting period[7] - Net assets attributable to shareholders increased by 14.51% year-on-year, totaling CNY 2,421,996,256.85[7] - Non-current assets totaled CNY 1,369,285,181.95, compared to CNY 1,022,354,063.41 in the previous year, marking a rise of about 34%[19] - Current liabilities decreased to CNY 498,024,120.14 from CNY 592,448,734.95, a reduction of approximately 15.9%[19] - Total liabilities amounted to CNY 967,727,513.67, up from CNY 592,448,734.95, indicating an increase of around 63.4%[19] - Shareholders' equity rose to CNY 2,421,996,256.85, compared to CNY 2,115,095,798.10, reflecting an increase of about 14.5%[19] Cash Flow - The net cash flow from operating activities improved significantly, with a reduction in outflow to CNY -16,083,359.40, an 87.14% improvement compared to the previous year[7] - Cash inflow from operating activities for the first nine months of 2018 was approximately ¥1.23 billion, an increase of about 26.3% from ¥973.13 million in the same period last year[34] - The net cash flow from operating activities for the first nine months of 2018 was negative at approximately -¥16.08 million, an improvement from -¥125.11 million in the previous year[34] - Cash inflow from financing activities for the first nine months of 2018 was approximately ¥589.30 million, a substantial increase from ¥154.79 million in the same period last year[35] - The net cash flow from financing activities for the first nine months of 2018 was approximately ¥495.18 million, compared to ¥61.48 million in the previous year, showing a significant improvement[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,593[10] - The top shareholder, Zeng Fanyi, holds 28.27% of the shares, totaling 125,242,457 shares[10] Investments and Expenses - Financial expenses surged by 310.24% to ¥9.46 million, driven by costs associated with the issuance of convertible bonds[12] - R&D expenses for Q3 amounted to ¥43.71 million, an increase of 15.4% from ¥37.67 million in the same period last year[26] - Sales expenses for Q3 were ¥51.09 million, a decrease of 38.8% compared to ¥83.59 million in the same quarter last year[26] Inventory and Current Assets - Inventory rose by 44.51% to ¥682.13 million, attributed to increased sales scale and order volume[11] - Cash and cash equivalents decreased by 58.17% to ¥134.83 million due to increased investments in financial products[11] - Prepayments increased by 171.72% to ¥93.04 million primarily due to higher advance payments to suppliers[11] - Other current assets surged by 443.53% to ¥355.47 million, primarily due to increased investments in financial products[11] - The company reported a total current asset of CNY 2,330,429,762.39, up from CNY 2,017,826,890.91, an increase of about 15.5%[22]