Konruns(SH:603590)2018-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 695,939,785.51, a 78.57% increase year-on-year[6] - Net profit attributable to shareholders decreased by 62.69% to CNY 156,937,461.96 compared to the same period last year[6] - Basic earnings per share decreased by 64.02% to CNY 1.2611[7] - The company reported a net profit excluding non-recurring gains and losses of CNY 152,673,652.44, up 23.19% year-on-year[6] - The company expects net profit attributable to shareholders for 2018 to be approximately 253 million to 259 million CNY, a decline of 45.91% to 47.16% year-on-year[19] - Net profit attributable to shareholders (excluding non-recurring gains and losses) is expected to be approximately 193 million to 199 million CNY, an increase of 13.94% to 17.48% year-on-year[19] Assets and Liabilities - Total assets increased by 67.97% to CNY 2,812,208,293.05 compared to the end of the previous year[6] - Total liabilities as of September 30, 2018, were 399,597,071.79 CNY, up from 318,929,406.96 CNY at the beginning of the year[23] - Total equity attributable to shareholders increased to 2,412,611,221.26 CNY from 1,355,311,905.26 CNY year-on-year[23] - Cash and cash equivalents increased by 197.38% to ¥1,613,987,866.25 from ¥542,729,117.36, primarily due to funds raised from public offerings and operational accumulation[14] - Accounts receivable rose by 94.67% to ¥152,993,650.43 from ¥78,591,929.49, attributed to an increase in revenue from direct customers and distributors[15] Cash Flow - Cash flow from operating activities for the first nine months was CNY 186,783,324.35, a slight increase of 1.28% year-on-year[6] - Net cash flow from investment activities was -18,411,157.09 CNY, a decrease of 125.44% year-on-year due to significant recovery of bank financial products in the previous year[18] - Net cash flow from financing activities increased to 902,886,581.63 CNY, primarily due to funds raised by the company[18] - Cash inflows from operating activities amounted to CNY 748,250,070.91, a significant increase from CNY 459,387,383.23 year-on-year, representing a growth of approximately 62.8%[39] - The net cash flow from operating activities was CNY 186,783,324.35, slightly up from CNY 184,428,686.10 in the same period last year[40] Shareholder Information - The total number of shareholders reached 28,929 by the end of the reporting period[12] - The top shareholder, Liu Jianhua, holds 31.74% of the shares, totaling 50,786,760 shares[12] Expenses - The company's gross profit margin was impacted by a significant increase in sales expenses, which rose by 146.32% to ¥428,657,909.82 from ¥174,022,249.57[16] - Research and development expenses increased by 37.95% to ¥30,048,119.40 from ¥21,781,579.28, reflecting the company's commitment to innovation[16] - Sales expenses for the first nine months of 2018 amounted to ¥428.56 million, which is a 146.5% increase from ¥174.02 million in the same period of 2017[35] Comprehensive Income - The total comprehensive income decreased by 61.46% to ¥165,873,379.00 from ¥430,402,808.24, primarily due to the previous year's significant equity transfer gains[17] - The company's total comprehensive income for Q3 2018 was approximately ¥58.93 million, compared to ¥41.13 million in Q3 2017, indicating a growth of 43.3%[33]