ZOY(SH:603709)2018-10-29 16:00Financial Performance - Operating income for the first nine months was RMB 630,436,655.08, reflecting an 8.13% increase compared to the same period last year[8] - Net profit attributable to shareholders decreased by 13.62% year-on-year, totaling RMB 48,763,088.38[8] - Basic and diluted earnings per share both decreased by 30.85%, standing at RMB 0.65[8] - The company reported a net profit margin improvement, with net profit for the year-to-date period reaching ¥46,962,268.16, compared to ¥36,952,163.00 in the previous year, an increase of 27.1%[28] - Net profit for Q3 2018 reached ¥24,141,462.23, an increase from ¥16,567,530.52 in the same period last year, representing a growth of 45.5%[29] - Total revenue for the first nine months of 2018 was ¥625,504,522.29, compared to ¥583,704,441.10 in the previous year, indicating a year-on-year increase of 7.2%[33] - Operating profit for Q3 2018 was ¥30,210,423.60, up from ¥17,884,225.96 in Q3 2017, reflecting a significant increase of 68.9%[33] - Total revenue for Q3 2018 reached ¥230,189,856.76, an increase of 18.8% compared to ¥193,777,219.56 in Q3 2017[28] Assets and Liabilities - Total assets increased by 84.16% year-on-year, reaching RMB 849,484,669.18 at the end of the reporting period[7] - The company's total liabilities increased to ¥288,406,106.60 from ¥277,358,450.38, marking a rise of 4.0%[26] - Shareholders' equity rose significantly to ¥551,568,404.20 from ¥160,269,676.79, indicating an increase of 244.0%[26] - Cash and cash equivalents decreased by 35.59% to ¥86,433,920.67 due to investments in financial products[16] - Accounts receivable increased by 44.72% to ¥81,930,748.96, reflecting extended payment terms for major clients[16] - Inventory rose by 33.31% to ¥61,408,652.07, driven by a ¥11.59 million increase in finished goods at the U.S. subsidiary[16] Cash Flow - Cash flow from operating activities showed a significant decline of 84.44%, with a net cash flow of RMB 10,942,104.16[7] - Net cash flow from operating activities decreased by 84.44% to ¥10,942,104.16, impacted by longer accounts receivable terms and rising employee costs[18] - Cash inflow from operating activities totaled 736,153,291.41 for the first nine months of 2018, compared to 664,626,045.29 in the same period last year, showing an increase of about 10.8%[38] - Cash outflow from operating activities was 725,211,187.25, up from 594,324,254.02 in the previous year, representing an increase of approximately 22.1%[38] - Net cash flow from operating activities for Q3 2018 was $49,127,781.02, down from $57,679,578.60 in the previous year, representing a decrease of approximately 14.5%[41] Expenses - Sales expenses increased by 40.18% to ¥80,817,993.66 due to higher marketing and transportation insurance costs[16] - Financial expenses decreased by 451.62% to -¥12,263,798.03 primarily due to exchange gains from the RMB to USD conversion[16] - Interest income rose by 71.73% to ¥875,767.24, attributed to increased interest from short-term deposits[16] - Operating costs for Q3 2018 were ¥161,827,172.77, an increase from ¥140,628,412.47 in Q3 2017, reflecting a rise of 15.1%[33] Shareholder Information - The total number of shareholders reached 10,190 by the end of the reporting period[12] - The largest shareholder, Anji Changjiang Investment Co., Ltd., holds 38.25% of the shares[12] Government Subsidies - The company reported a government subsidy of RMB 6,304,253.85, which is closely related to its normal business operations[9] - Other income surged by 374.29% to ¥6,304,253.85, mainly from increased government subsidies received[16]