NKF(SH:603707)2018-10-15 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,304,392,361.34, a growth of 66.39% compared to the same period last year[6] - Net profit attributable to shareholders increased by 49.54% to CNY 334,464,024.63 year-on-year[6] - Basic and diluted earnings per share increased by 31.75% to CNY 0.6059[7] - Total operating revenue for Q3 2018 reached ¥454,572,106.38, a significant increase of 51.3% compared to ¥300,106,745.71 in Q3 2017[28] - Net profit for Q3 2018 was ¥107,347,586.63, representing a 6.9% increase from ¥100,392,437.24 in Q3 2017[31] - The company reported a total profit of ¥120,720,105.93 for Q3 2018, compared to ¥118,210,941.50 in Q3 2017, marking a 2.5% increase[31] Assets and Liabilities - Total assets increased by 18.19% to CNY 3,185,036,421.99 compared to the end of the previous year[6] - The company's total equity rose to CNY 2,322,311,732.50 from CNY 2,052,264,031.29, reflecting an increase of approximately 13.1%[23] - The company's total liabilities increased by 126.93% to ¥475,722,406.74, primarily due to increased accounts payable[13] - Total current liabilities increased to CNY 828,716,193.05 from CNY 606,630,876.37, which is an increase of about 36.5%[22] - Total liabilities as of the end of Q3 2018 were ¥853,528,575.75, an increase from ¥631,995,687.64 at the end of Q3 2017[30] Cash Flow - Cash flow from operating activities improved significantly, with a net cash flow of CNY -26,847,588.96, an increase of 84.80% compared to the previous year[6][8] - Cash inflow from operating activities for the first nine months of 2018 reached CNY 1,323,126,647.90, a significant increase from CNY 735,167,476.96 in the same period last year, representing an increase of approximately 80%[40] - The net cash flow from operating activities was negative at CNY -125,663,280.44, an improvement compared to CNY -192,639,589.90 in the previous year[40] - The company's total cash outflow for operating activities was CNY 1,448,789,928.34, compared to CNY 927,807,066.86 in the previous year, reflecting an increase of approximately 56%[40] Shareholder Information - The company had a total of 9,447 shareholders at the end of the reporting period[11] - The top shareholder, Xie Juhua, held 28.26% of the shares, amounting to 156,131,553 shares[11] Research and Development - R&D expenses surged by 94.29% to ¥84,938,344.11, reflecting the company's commitment to enhancing its R&D capabilities[15] - Research and development expenses for Q3 2018 amounted to ¥33,974,794.51, an increase of 129.1% compared to ¥14,827,876.55 in Q3 2017[30] - The company has ongoing development expenditures amounting to CNY 16,151,350.73, up from CNY 2,328,580.78, indicating a focus on new product and technology development[20] Government Support - The company received government subsidies totaling CNY 3,245,433.19 related to key technology transformation projects and capacity expansion[9] Inventory and Receivables - Accounts receivable rose by 27.46% to ¥295,558,443.78, driven by increased sales revenue[13] - Inventory increased by 39.40% to ¥1,803,685,129.97, attributed to rising raw material prices and increased purchase volume[13]