AKL(SH:603722)2018-10-24 16:00Financial Performance - Operating revenue for the year-to-date reached CNY 302,052,397.06, a 42.98% increase year-on-year[7] - Net profit attributable to shareholders decreased by 14.33% to CNY 30,027,653.40 compared to the same period last year[7] - Basic and diluted earnings per share fell by 40.32% to CNY 0.37[8] - The net profit for the first three quarters was CNY 31,861,355.77, down 21.5% from CNY 40,622,444.52 in the previous year[23] - The company's operating revenue for the first three quarters reached CNY 302,052,397.06, a 43% increase compared to CNY 211,252,727.67 in the same period last year[22] - The company reported a gross profit margin of approximately 20.5% for the first three quarters, down from 31.5% in the previous year[22] Cash Flow - Cash flow from operating activities decreased by 38.61% to CNY 28,638,000.40 year-to-date[7] - The company reported a net cash flow from operating activities of CNY 28,638,000.40, down from CNY 46,651,943.85 in the previous year[7] - Operating cash inflow for the year-to-date period reached ¥322.92 million, a significant increase from ¥200.07 million in the previous year, representing a 61.2% growth[26] - Net cash flow from operating activities decreased to ¥28.64 million, down 38.7% from ¥46.65 million year-over-year[26] - The net increase in cash and cash equivalents was negative at ¥122.31 million, compared to a negative ¥7.28 million in the same period last year[27] Assets and Liabilities - Total assets increased by 3.42% to CNY 684,583,935.81 compared to the end of the previous year[7] - The total liabilities rose to CNY 167,212,341.75, compared to CNY 141,726,515.55 at the beginning of the year, indicating an 18% increase[20] - The net assets attributable to shareholders decreased by 0.54% to CNY 517,371,594.06 compared to the end of the previous year[7] - Cash and cash equivalents decreased by 59.36% to 85,177,621.76 RMB, primarily due to unexpired financial products[13] - The company's cash and cash equivalents decreased to CNY 85,177,621.76 from CNY 209,615,006.68 at the beginning of the year, representing a decline of 59.3%[18] Shareholder Information - Total number of shareholders reached 16,054 by the end of the reporting period[12] - The top shareholder, Zhu Xuejun, holds 24,300,000 shares, representing 28.03% of total shares, with 3,620,000 shares pledged[12] Operating Costs and Expenses - Operating costs rose to 240,404,736.43 RMB, reflecting a 66.17% increase due to higher sales volume and raw material prices[14] - Research and development expenses for the first three quarters were CNY 8,665,374.29, up from CNY 7,312,648.74 in the same period last year, reflecting a 18.5% increase[22] Investment Activities - Cash inflow from investment activities totaled ¥261.54 million, compared to only ¥0.58 million in the same period last year[26] - Net cash flow from investment activities was negative at ¥119.84 million, worsening from a negative ¥45.47 million in the previous year[26] - The company received ¥260 million from investment recoveries, a substantial increase from just ¥1,600 in the previous year[26] - The company paid ¥61.38 million for the acquisition of fixed assets, up from ¥46.05 million last year, reflecting a 33.4% increase[26] Other Financial Metrics - The weighted average return on equity decreased by 8.5 percentage points to 6.12%[7] - The company anticipates potential significant changes in cumulative net profit compared to the previous year, but no specific warnings were issued[15] - The ending balance of cash and cash equivalents stood at ¥52.45 million, down from ¥57.11 million year-over-year[27] - The impact of exchange rate fluctuations on cash and cash equivalents was positive at ¥3.58 million, contrasting with a negative impact of ¥0.71 million in the previous year[27]