JACK(SH:603337)2018-10-18 16:00Financial Performance - Net profit attributable to shareholders increased by 58.26% to CNY 370,767,011.83 year-on-year[6] - Operating revenue rose by 52.53% to CNY 3,226,698,371.83 compared to the same period last year[6] - Basic earnings per share increased by 53.16% to CNY 1.21[6] - Total revenue for Q3 2018 reached ¥1,176,078,890.69, a 60.3% increase compared to ¥733,351,657.73 in the same period last year[27] - Net profit for Q3 2018 reached CNY 150,770,360.70, an increase from CNY 94,448,789.09 in the same period last year, representing a growth of 59.8%[28] - Total profit for Q3 2018 was ¥89,457,496.20, a 66.3% increase from ¥53,821,247.68 in Q3 2017[31] - Net profit for the first nine months of 2018 was ¥172,443,747.58, up 76.8% from ¥97,492,300.21 in the same period last year[32] Assets and Liabilities - Total assets increased by 10.88% to CNY 3,984,765,521.25 compared to the end of the previous year[6] - The company reported a significant increase in accounts receivable by 78.61% to CNY 536,272,268.90[10] - The total assets increased to ¥2,470,332,963.13, compared to ¥2,593,116,788.87 at the beginning of the year[19] - Total liabilities amounted to ¥1,548,134,230.35, up from ¥1,462,787,859.65, marking a 5.8% increase[21] - Current liabilities decreased to ¥1,274,496,117.02 from ¥1,382,780,195.58, a reduction of 7.8%[20] - The company’s inventory reached ¥797,970,372.02, up from ¥657,445,920.56, indicating a growing capacity to meet customer demand[19] Cash Flow - The net cash flow from operating activities decreased by 90.29% to CNY 42,774,723.05 compared to the previous year[6] - Cash flow from operating activities decreased by 90.29% to ¥42,774,723.05, down from ¥440,368,428.11 in the previous year[14] - Cash and cash equivalents decreased to ¥79,986,767.09 from ¥143,358,159.15, a decline of 44.2%[23] - Net cash flow from operating activities was CNY 8,504,624.40, compared to CNY 438,409,118.73 in the same period last year[39] - Net cash flow from investment activities was CNY 74,727,259.16, recovering from a negative CNY 1,394,445,342.88 in the previous year[41] Shareholder Information - The number of shareholders reached 6,840 at the end of the reporting period[8] - The largest shareholder, Taizhou Jack Investment Co., Ltd., holds 42.85% of the shares[8] Expenses - Operating costs increased to ¥2,315,251,599.69, reflecting a 55.89% rise from ¥1,485,222,517.85 in the previous year[14] - Research and development expenses rose by 63.01% to ¥154,014,304.39, up from ¥94,481,413.10 year-over-year[14] - Sales expenses for the first nine months increased to ¥76,961,387.71, up 19.9% from ¥64,251,621.80 in the previous year[31] Other Income and Expenses - The company received government subsidies amounting to CNY 9,169,389.51 during the reporting period[7] - The company incurred financial expenses of CNY -24,412,408.06, a significant change from CNY 6,286,906.46 in the previous year[28] - Tax expenses for the quarter were CNY 23,774,660.61, compared to CNY 19,308,065.05 in Q3 2017, reflecting an increase of 23.5%[28] - Other income for the quarter was CNY 8,990,920.13, compared to CNY 1,459,787.31 in the same period last year, showing a substantial increase of 516.5%[28] - The company reported investment income of CNY 2,342,675.08, a decrease from CNY 11,051,397.51 in the previous year, indicating a decline of 78.8%[28]