JCT(SH:603657)2018-10-25 16:00Financial Performance - Revenue for the third quarter was CNY 359,910,447.89, a 10.23% increase compared to the previous year[8] - Net profit attributable to shareholders was CNY 74,912,937.36, reflecting a 13.86% increase year-on-year[8] - Deducted non-recurring gains and losses net profit reached CNY 66,593,142.54, up 20.72% year-on-year[8] - Basic and diluted earnings per share were CNY 0.97, an increase of 6.59% compared to the previous year[8] - The net profit for the period increased by 68.53% to ¥184,225,468.58, attributed to profits carried forward from the current year[15] - The company's revenue from sales of goods and services reached ¥397,432,704.88, a 47.52% increase compared to the previous year[16] - Total operating revenue for Q3 2018 reached ¥140,190,185.54, an increase of 16.5% compared to ¥120,327,652.27 in Q3 2017[26] - Net profit for Q3 2018 was ¥29,955,506.79, representing a 5.6% increase from ¥26,468,886.32 in Q3 2017[29] - The total profit for Q3 2018 amounted to ¥34,843,838.00, compared to ¥31,564,364.98 in Q3 2017, reflecting an increase of 7.2%[29] - The total operating revenue for the first nine months of 2018 was ¥359,910,447.89, up 10.2% from ¥326,502,814.74 in the same period last year[26] - The total profit for the first nine months was ¥82,218,404.50, a rise of 11.1% compared to ¥73,974,992.20 in the same period last year[34] Asset and Equity Growth - Total assets increased by 88.98% year-on-year, reaching CNY 900,245,789.29[7] - Net assets attributable to shareholders rose by 137.05% year-on-year, totaling CNY 815,676,620.84[7] - Total equity increased to ¥815,676,620.84 from ¥344,101,230.88, representing a growth of 137.1%[21] - The company's capital reserve increased by 252.06% to ¥518,187,412.72 as a result of the public stock issuance[15] Cash Flow and Liquidity - Operating cash flow increased by 101.10% year-on-year, amounting to CNY 83,604,132.69[7] - The company's cash and cash equivalents increased by 117.19% to ¥171,278,642.30 due to the arrival of raised funds[15] - The company reported a significant increase in cash flow, with cash and cash equivalents at the end of the period showing a strong upward trend[19] - The company raised ¥394,999,433.97 through a public stock offering, contributing to its liquidity[16] - The company received ¥303,067,977.28 in cash from sales and services, reflecting a year-over-year increase of 24.5% from ¥242,958,962.81[38] - The company's net increase in cash and cash equivalents for the period was ¥94,530,352.96, compared to a decrease of -¥379,715.26 in the previous year[37] Liabilities and Financial Position - Total liabilities decreased to ¥84,569,168.45 from ¥132,263,021.01, a reduction of 36.1%[21] - Short-term borrowings decreased by 57.31% to ¥27,000,000.00 as the company repaid its short-term loans[15] - The company is focusing on improving operational efficiency and reducing liabilities to strengthen its financial position[21] Investment and Development - The investment income increased by 413.83% to ¥153,966.54, driven by returns from financial products purchased[16] - Research and development expenses for Q3 2018 were ¥4,015,578.78, up 19.4% from ¥3,362,910.88 in Q3 2017[26] - The company plans to expand its market presence and invest in new product development to drive future growth[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,920[12] - The largest shareholder, Zhejiang Chunguang Holding Co., Ltd., holds 46.88% of the shares[12]