G-bits(SH:603444)2018-10-24 16:00Financial Performance - Net profit attributable to shareholders rose by 14.30% to CNY 506,890,243.79 for the first nine months of the year[5] - Operating revenue for the first nine months increased by 8.90% to CNY 1,159,903,285.89 compared to the same period last year[5] - Basic earnings per share increased by 14.35% to CNY 7.09[5] - Cash flow from operating activities for the first nine months was CNY 610,557,220.81, up 13.31% year-on-year[5] - Total revenue for Q3 2018 reached ¥382,311,628.07, an increase from ¥344,843,819.24 in Q3 2017, representing a growth of approximately 10.7%[35] - Year-to-date revenue for 2018 was ¥1,159,903,285.89, compared to ¥1,065,153,374.79 for the same period in 2017, indicating a year-over-year increase of about 8.9%[35] - Net profit for Q3 2018 reached CNY 217,347,512.57, representing an increase of 27.67% from CNY 170,240,100.86 in Q3 2017[36] - The total profit for Q3 2018 was CNY 264,702,208.24, an increase of 37.2% compared to CNY 192,971,685.48 in Q3 2017[36] - The net profit attributable to the parent company was CNY 171,894,302.55, an increase of 19.4% from CNY 144,107,155.32 in Q3 2017[36] - The company’s total comprehensive income for Q3 2018 was CNY 220,151,771.72, compared to CNY 170,240,366.85 in Q3 2017, indicating a growth of 29.3%[37] Assets and Liabilities - Total assets increased by 15.54% to CNY 3,632,217,759.51 compared to the end of the previous year[5] - Total liabilities increased to ¥791,211,804.69 from ¥687,334,645.61 at the start of the year, marking a rise of about 15.1%[28] - Non-current assets totaled ¥1,195,823,219.37, compared to ¥755,994,745.46 at the beginning of the year, showing an increase of approximately 58.3%[28] - Current liabilities rose to ¥703,735,611.60 from ¥591,837,351.22, which is an increase of about 18.9%[28] - The total equity attributable to shareholders increased to ¥2,682,704,048.32 from ¥2,302,029,942.71, representing a growth of about 16.5%[28] Cash Flow and Investments - The company's cash and cash equivalents decreased by 38.63% to CNY 509,684,259.99 due to investments in financial products[14] - The net cash flow from investment activities improved by 60.66%, amounting to -¥660,470,282.12, due to increased redemptions of financial products[19] - Total cash inflow from investment activities reached 2,101,172,587.40 RMB, significantly higher than 772,642,467.02 RMB in the previous year[43] - Net cash flow from investment activities was positive at 36,284,887.48 RMB, a turnaround from a negative cash flow of -986,883,821.73 RMB in the same period last year[43] - Cash received from sales and services was 177,618,795.45 RMB, down from 225,100,118.17 RMB in the previous year[43] Expenses - Sales expenses decreased by 40.48% to ¥81,875,846.46 as the company optimized marketing activities and reduced inefficient promotional spending[17] - Research and development expenses for Q3 2018 amounted to CNY 65,474,799.97, up 11.4% from CNY 58,549,710.81 in Q3 2017[36] - The company reported a decrease in management expenses for Q3 2018, totaling 3,106,294.88 CNY, down from 13,500,164.25 CNY in Q3 2017[39] Shareholder Information - The number of shareholders reached 19,265 by the end of the reporting period[11] - The company completed a capital increase in its subsidiary, raising its stake in Easy Play (Shanghai) Network Technology Co., Ltd. from 4.54% to 6.20%[21]