Apex(SH:603383)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders for the first nine months was CNY 55,973,518.68, an increase of 48.69% year-on-year [7]. - Operating revenue for the first nine months reached CNY 167,493,013.59, reflecting a growth of 28.43% compared to the same period last year [7]. - The net profit after deducting non-recurring gains and losses was CNY 37,940,415.10, an increase of 23.90% year-on-year [7]. - The net profit attributable to the parent company rose by 48.69% to ¥55,973,518.68, driven by increased operating profit and investment income [14]. - The net profit for Q3 2018 reached CNY 19,106,813.19, up 77.5% from CNY 10,782,858.43 in the same period last year [29]. - The total profit for Q3 2018 was CNY 19,439,326.00, a 78.5% increase from CNY 10,924,086.07 in Q3 2017 [28]. Revenue and Costs - Total operating revenue for Q3 2018 was CNY 58,100,047.21, an increase of 46.8% compared to CNY 39,524,998.94 in Q3 2017 [27]. - Total operating costs for Q3 2018 were CNY 50,394,542.06, up from CNY 39,177,342.93 in the same period last year, reflecting a 28.5% increase [27]. - Operating costs increased by 55.48% to ¥41,482,168.82, primarily due to higher labor costs and a decline in gross margin [14]. - The company reported a total operating cost of CNY 13,374,950.72 for Q3 2018, which is a 29.7% increase from CNY 10,337,521.18 in Q3 2017 [31]. Cash Flow - The net cash flow from operating activities was CNY -40,062,558.70, compared to CNY -5,463,999.78 in the previous year, indicating a significant decline [6]. - Cash inflow from operating activities decreased to CNY 139.29 million from CNY 171.79 million, a decline of approximately 18.83% year-over-year [34]. - Net cash flow from investment activities improved to CNY 143.63 million from CNY -650.50 million, indicating a turnaround [35]. - Cash inflow from investment activities increased significantly to CNY 1.42 billion from CNY 241.50 million, representing a growth of approximately 493.66% [35]. - Total cash outflow from financing activities was CNY 42.93 million, with net cash flow from financing activities at CNY -40.97 million [37]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,140,703,509.07, a decrease of 1.51% compared to the end of the previous year [6]. - The total liabilities decreased to CNY 178,509,807.88 from CNY 199,238,765.91 at the beginning of the year, showing a reduction of 10.0% [23]. - The total equity attributable to shareholders increased to CNY 955,292,833.73 from CNY 906,380,856.53, reflecting a growth of 5.4% [23]. - Cash and cash equivalents increased to ¥429,263,923.16 from ¥366,596,590.26, indicating improved liquidity [17]. Shareholder Information - The total number of shareholders at the end of the reporting period was 12,265 [11]. - The company implemented a profit distribution in June 2018, increasing the total share capital from 85,867,000 shares to 120,213,800 shares [7]. Research and Development - Research and development expenses for the first nine months of 2018 reached CNY 44,589,383.23, compared to CNY 36,331,329.50 in the same period of 2017, indicating a 22.5% increase [27]. - Research and development expenses for the first nine months of 2018 amounted to CNY 28,056,236.47, up 20.0% from CNY 23,347,275.86 in the same period last year [31]. Future Outlook - The company has not indicated any major changes in its future profit forecasts compared to the previous year [16]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth [27]. - The company has maintained a strong focus on improving operational efficiency and reducing costs to enhance profitability [27].