ST起步(603557) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months increased by 3.74% to CNY 930,539,127.32 compared to the same period last year[6] - Net profit attributable to shareholders increased by 5.13% to CNY 147,487,572.55 compared to the same period last year[6] - The company reported a total profit of CNY 31,904,800.97 for Q3 2018, down from CNY 37,098,080.42 in the same quarter last year, representing a decline of approximately 14.0%[30] - The company’s total comprehensive income for Q3 2018 was CNY 27,022,968.59, compared to CNY 30,871,854.98 in the same period last year, reflecting a decrease of about 9.0%[30] - Total revenue for Q3 2018 was CNY 316,223,990.54, a decrease of 2.4% compared to CNY 323,324,505.40 in Q3 2017[24] - Year-to-date revenue reached CNY 930,539,127.32, an increase of 3.7% from CNY 897,019,698.06 in the same period last year[24] Assets and Liabilities - Total assets increased by 20.17% to CNY 2,077,408,851.46 compared to the end of the previous year[6] - Total liabilities increased to CNY 482,646,896.15 from CNY 278,360,505.02, representing a rise of 73.4%[22] - Non-current assets totaled CNY 676,819,949.16, an increase of 40.5% from CNY 481,830,207.62 at the start of the year[21] - Accounts receivable increased by 30.65% to ¥122,187,658 due to a higher volume of commercial acceptance bills received[11] - Inventory rose by 93.71% to ¥257,056,137 as a result of stocking up for the winter sales season[11] - The company reported a significant increase in short-term borrowings, which rose to CNY 266,497,754.42 from CNY 54,500,000.00, a surge of 388.5%[21] Cash Flow - Net cash flow from operating activities decreased significantly by 657.82% to -CNY 68,761,801.99 compared to the same period last year[6] - Cash flow from operating activities for the first nine months of 2018 was negative at CNY -68,761,801.99, compared to CNY -9,073,663.25 in the same period last year[32] - Cash flow from investing activities for the first nine months of 2018 was negative at CNY -185,567,446.36, compared to CNY -8,337,216.28 in the previous year[33] - Cash flow from financing activities for the first nine months of 2018 was positive at CNY 178,062,514.33, down from CNY 279,374,228.55 in the same period last year[33] - The ending cash and cash equivalents balance as of September 30, 2018, was CNY 326,084,456.24, a decrease from CNY 497,997,622.88 at the end of the previous year[33] Shareholder Information - The total number of shareholders reached 22,847 by the end of the reporting period[9] - The largest shareholder, Hong Kong Qibu International Group Co., Ltd., holds 53.42% of the shares, with 251,077,200 shares pledged[9] Expenses and Impairments - Financial expenses rose by 271.34% to ¥4,974,892.88, mainly due to increased interest expenses on short-term borrowings[12] - Asset impairment losses increased by 74.26% to ¥11,797,597.02, primarily due to an increase in accounts receivable and higher bad debt provisions[12] - Research and development expenses for Q3 2018 were CNY 8,356,448.41, a decrease of 2.4% from CNY 8,562,594.82 in Q3 2017[29] Earnings Per Share - Basic earnings per share decreased by 4.21% to CNY 0.3138 compared to the same period last year[7] - Basic earnings per share for Q3 2018 were CNY 0.08, compared to CNY 0.09 in Q3 2017[27]