UE(SH:603600)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,696,137,438.52, a 30.07% increase from the same period last year[6] - Net profit attributable to shareholders decreased by 17.53% to CNY 73,906,073.58 compared to the previous year[6] - Basic earnings per share fell by 22.86% to CNY 0.27[7] - The weighted average return on equity decreased by 6.57 percentage points to 7.56%[7] - Total operating revenue for Q3 2018 reached ¥593,012,929.45, an increase of 19.0% compared to ¥498,401,787.70 in Q3 2017[24] - Net profit for Q3 2018 was ¥26,773,510.48, representing a 8.6% increase from ¥24,705,061.54 in Q3 2017[25] - The company reported a total profit of ¥28,650,253.23 for Q3 2018, slightly down from ¥29,713,721.74 in Q3 2017[25] - The company reported a total profit of ¥18.27 million for Q3, a decrease of 25.0% from ¥24.32 million in the same period last year[28] Assets and Liabilities - Total assets increased by 48.33% to CNY 1,642,604,809.41 compared to the end of the previous year[6] - The total liabilities of the company were CNY 502,045,912.95, compared to CNY 433,929,765.38 at the beginning of the year, which is an increase of approximately 15.7%[19] - The company's current assets totaled CNY 1,142,938,178.21, up from CNY 713,028,632.29 at the beginning of the year, indicating a growth of about 60.4%[18] - The total assets reached ¥1,565,278,326.45 in Q3 2018, up from ¥949,668,205.01 in Q3 2017, indicating a growth of 65.0%[22] Shareholder Information - The total number of shareholders reached 14,064 by the end of the reporting period[9] - The largest shareholder, Yongyi Holdings Co., Ltd., holds 25.68% of the shares, with 77,812,500 shares pledged[9] - The company's total equity attributable to shareholders reached CNY 1,132,376,025.33, up from CNY 666,787,424.66, indicating a growth of about 69.8%[19] - Owner's equity rose to ¥908,113,174.25 in Q3 2018, compared to ¥449,924,795.73 in Q3 2017, reflecting a significant growth of 102.0%[22] Cash Flow - Cash flow from operating activities dropped by 66.12% to CNY 16,474,631.48 year-to-date[6] - Cash inflow from financing activities amounted to CNY 520,000,000.00, a substantial rise from CNY 28,560,130.20 year-on-year, reflecting an increase of about 1,724%[34] - The ending cash and cash equivalents balance was CNY 75,235,240.82, down from CNY 146,981,130.53 at the end of the same period last year, a decrease of approximately 49%[34] - Cash inflow from investment activities totaled CNY 681,086,483.61, compared to CNY 111,876,580.91 in the previous year, marking an increase of approximately 508%[34] Operating Costs and Expenses - Operating costs rose by 38.46% to RMB 1,438,819,282.00, attributed to business scale growth and high material costs compared to the previous year[12] - Research and development expenses increased by 47.18% to RMB 60,258,506.73, reflecting the company's commitment to enhancing R&D investments[12] - Sales expenses increased to ¥22.59 million, up 94.5% from ¥11.63 million in the same period last year[27] - Research and development expenses for Q3 2018 totaled ¥27,795,671.52, a 53.3% increase from ¥18,167,108.53 in Q3 2017[24] Investment Activities - The company reported a 477.27% increase in cash received from investment recoveries, totaling RMB 635,000,000.00, due to the maturity of bank financial products[12] - The company’s financial expenses decreased by 262.13%, resulting in a net financial income of RMB -13,681,193.50, attributed to increased exchange gains[12] - Cash paid for purchasing goods and services was CNY 1,304,614,277.34, up from CNY 831,584,942.38, reflecting an increase of approximately 57%[33] Government Subsidies - The company received government subsidies amounting to CNY 22,328,042.67 during the reporting period[7]