JSNE(SH:603693)2018-10-29 16:00Financial Performance - Revenue for the first nine months was CNY 1,114,588,734.20, an increase of 8.82% compared to the same period last year[6] - Net profit attributable to shareholders grew by 26.11% to CNY 283,713,904.80 year-on-year[6] - Basic earnings per share increased by 17.78% to CNY 0.53[7] - Total operating revenue for Q3 2018 was approximately ¥367.55 million, an increase of 23.06% compared to ¥298.70 million in Q3 2017[28] - Operating profit for Q3 2018 was approximately ¥140.93 million, significantly up from ¥45.58 million in Q3 2017, marking an increase of 208.56%[30] - Net profit for Q3 2018 reached approximately ¥125.11 million, compared to ¥44.40 million in Q3 2017, reflecting an increase of 182.36%[30] - The company’s total profit for the first nine months of 2018 was approximately ¥352.32 million, compared to ¥265.55 million in the same period of 2017, an increase of 32.54%[30] - Net profit for the first nine months of 2018 was ¥166,201,109.51, compared to ¥200,504,374.14 in the same period last year, indicating a decrease of approximately 17%[34] Asset and Equity Growth - Total assets increased by 18.01% to CNY 8,132,341,448.01 compared to the end of the previous year[6] - Net assets attributable to shareholders rose by 38.92% to CNY 4,554,751,372.34 year-on-year[6] - The company's net assets increased by 38.92% to CNY 4,554.75 million, mainly due to funds raised from the IPO and profits generated in the first three quarters[12] - Shareholders' equity increased to CNY 5,043,457,318.19 from CNY 3,679,521,607.30, representing a growth of about 36.96%[22] - The company’s retained earnings increased to CNY 751,760,704.68 from CNY 468,046,799.88, reflecting a growth of approximately 60.49%[22] Cash Flow and Liquidity - Operating cash flow increased by 44.36% to CNY 671,625,270.20 for the first nine months[6] - Cash and cash equivalents rose by 175.77% to CNY 1,899.18 million, attributed to IPO fundraising and renewable energy price subsidies received[14] - The company reported a net cash flow from operating activities of CNY 671.63 million, a 44.36% increase compared to the same period last year[15] - The total cash and cash equivalents increased by ¥931,325,749.50 during the period, contrasting with a decrease of -¥209,411,892.93 in the same period last year[39] Shareholder Information - The total number of shareholders reached 58,096 by the end of the reporting period[9] - The top ten shareholders held a combined 52.59% of the shares, with Jiangsu Guoxin Asset Management Group Co., Ltd. being the largest shareholder[9] Operational Metrics - The total electricity generation from controlled renewable energy projects reached 1.92 billion kWh, an increase of 8.57% year-on-year[11] - Total operating costs decreased to approximately ¥236.99 million in Q3 2018 from ¥261.11 million in Q3 2017, representing a decrease of 9.23%[29] - Research and development expenses for Q3 2018 were approximately ¥1.95 million, slightly down from ¥2.15 million in Q3 2017, a decrease of 9.29%[29] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 156,391.22 for the reporting period[9] - The company reported a significant asset impairment loss of approximately -¥29.19 million in Q3 2018, contrasting with a gain of ¥4.40 million in Q3 2017[29] - The company’s total assets impairment loss was reported at -¥14,594.54, a notable improvement from a gain of ¥1,509,712.46 in the previous year[34]