Poten(SH:603603)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders increased by 15.97% to CNY 159,210,005.84 for the first nine months of the year[7] - Operating revenue for the first nine months reached CNY 2,920,268,534.68, a 92.35% increase year-on-year[7] - The company's operating revenue increased by ¥140,210.00 million, a growth of 92.35%, primarily driven by a significant increase in the number of projects won and ongoing projects[12] - The net profit for the first nine months of 2018 was reported at ¥585,371,793.65, compared to ¥439,803,653.94 for the same period last year, indicating a growth of about 33.1%[33] - The total profit for the first nine months of 2018 was ¥216,783,226.54, compared to ¥152,053,059.14 for the same period in 2017, showing an increase of about 42.7%[40] - Net profit for Q3 2018 was ¥62,609,323.43, up from ¥7,768,975.24 in Q3 2017, reflecting a growth of approximately 705.5%[36] - Earnings per share for Q3 2018 were ¥0.16, compared to ¥0.04 in the same quarter last year, marking a 300% increase[37] Assets and Liabilities - Total assets increased by 18.76% to CNY 10,327,281,321.26 compared to the end of the previous year[7] - Total liabilities rose to ¥8,191,289,079.02, compared to ¥6,783,874,183.07, indicating an increase of about 20.8% year-over-year[28] - Current liabilities totaled ¥5,535,469,961.20, up from ¥4,143,589,776.91, reflecting a growth of approximately 33.6% year-over-year[28] - The company's equity increased to ¥2,135,992,242.24 from ¥1,912,055,879.65, reflecting a growth of approximately 11.7%[28] - The company reported a total of ¥1,453,674,265.99 in equity attributable to shareholders, up from ¥1,311,306,734.70, indicating an increase of about 10.8% year-over-year[28] Cash Flow - Cash flow from operating activities improved significantly, with a net cash flow of CNY -80,637,608.46, an 84.15% increase compared to the same period last year[7] - The net cash flow from operating activities increased by ¥42,825.01 million, a rise of 84.15%, attributed to a significant increase in external EPC contracts and improved sales collections[14] - Operating cash inflow for the first nine months of 2018 was CNY 2,072,964,546.91, up from CNY 1,177,658,375.03 in the previous year, indicating a growth of 76.0%[44] - The total cash and cash equivalents at the end of the reporting period was CNY 570,670,236.53, down from CNY 799,764,971.15 at the end of the previous year[45] - The cash outflow for purchasing goods and services was CNY 932,708,591.44, compared to CNY 653,045,071.40 in the previous year, marking a rise of 42.6%[44] Investments and Expenses - Long-term equity investments increased by 76.04% to CNY 13,187,100, reflecting new investments in joint ventures and associates[12] - The company's financial expenses increased by ¥3,871.58 million, a rise of 103.13%, mainly due to increased bank loans and interest from projects entering the operational phase[14] - The company incurred asset impairment losses of ¥5,179,711.66 in Q3 2018, compared to a reversal of losses of ¥2,019,926.30 in Q3 2017[35] - The company’s financial expenses for Q3 2018 were ¥49,714,346.62, up from ¥16,573,255.73 in Q3 2017, reflecting an increase of approximately 199.5%[35] Shareholder Information - The number of shareholders reached 21,772 by the end of the reporting period[9] - The company issued 1.56 million restricted stocks and 5.43 million stock options as part of its 2018 equity incentive plan, increasing the total share capital from 400.01 million to 401.57 million shares[19]