Junhe(SH:603617)2018-10-29 16:00Financial Performance - Revenue for the first nine months rose by 9.18% to CNY 469,446,823.76 compared to the same period last year[6]. - Net profit attributable to shareholders increased by 33.39% to CNY 55,673,285.80[6]. - Basic earnings per share increased by 14.58% to CNY 0.55[7]. - Total operating revenue for Q3 2018 was ¥118,083,216.18, an increase of 15.6% compared to ¥102,177,284.65 in Q3 2017[27]. - Net profit for Q3 2018 reached ¥12,226,157.51, representing a significant increase of 243.5% from ¥3,565,874.77 in Q3 2017[28]. - Total profit for the first nine months of 2018 was ¥63,738,655.46, up from ¥49,590,369.01 in the same period of 2017, marking a growth of 28.5%[28]. - Operating profit for the first nine months of 2018 was CNY 46,443,878.37, an increase of 23.2% from CNY 37,684,053.38 in the previous year[33]. - Net profit for Q3 2018 was CNY 10,266,822.20, compared to CNY 1,546,295.89 in Q3 2017, representing a significant increase of 563.5%[34]. Cash Flow - Operating cash flow increased by 31.51% to CNY 127,406,880.72 for the period from January to September[6]. - Cash flow from operating activities for the first nine months of 2018 was CNY 127,406,880.72, up from CNY 96,880,734.60 in the same period last year[37]. - Net cash flow from operating activities was ¥159,468,022.19, up 64.7% from ¥96,719,345.78 year-on-year[40]. - Cash received from sales and services amounted to ¥521,460,295.06, reflecting a growth from ¥463,323,644.55 year-on-year[40]. - Total cash outflow from operating activities was ¥401,000,178.46, slightly up from ¥400,452,334.40 in the previous year[40]. Assets and Liabilities - Total assets decreased by 3.74% to CNY 711,708,603.87 compared to the end of the previous year[6]. - Current assets totaled CNY 440,041,750.34, down from CNY 574,850,431.43 at the start of the year, indicating a decline of approximately 23.4%[21]. - Non-current assets increased to CNY 271,666,853.53 from CNY 164,539,684.74, reflecting a growth of about 65.1%[21]. - Total liabilities decreased to CNY 202,782,610.10 from CNY 269,603,508.20, a reduction of approximately 25%[22]. - The company’s total liabilities decreased, with a notable reduction in tax payables by 53.82% to ¥2,747,038.20 from ¥5,948,563.76[14]. - Short-term borrowings decreased by 47.54% to ¥60,000,000.00 from ¥114,375,240.00, reflecting repayment of bank loans[14]. Shareholder Information - The total number of shareholders reached 10,015, with the largest shareholder holding 52.64% of the shares[10]. - Owner's equity rose to CNY 508,925,993.77 from CNY 469,786,607.97, marking an increase of about 8.3%[22]. Investment Activities - Investment income surged by 296.08% to ¥1,610,051.93, driven by increased returns from financial products and foreign exchange transactions[15]. - The company reported a net cash outflow from investing activities of CNY -114,853.04 for the first nine months of 2018, compared to CNY -156,900,178.23 in the same period last year[38]. - The company reported a cash inflow of ¥260,889,147.82 from investment recoveries, indicating active management of investment assets[41]. Subsidiary Establishment - The company established a wholly-owned subsidiary in the U.S. with an investment of $1 million to expand its North American market presence[16]. - The company aims to enhance its brand image and service quality in North America through the new subsidiary, facilitating better customer engagement and market responsiveness[16].