正平股份(603843) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months reached CNY 1,694,750,811.01, a 76.19% increase year-on-year[6] - Net profit attributable to shareholders increased by 145.21% to CNY 50,582,950.90 for the first nine months[6] - Basic earnings per share rose by 145.16% to CNY 0.1265[7] - The net profit after deducting non-recurring gains and losses was CNY 36,688,173.21, reflecting a 79.07% increase year-on-year[6] - Total revenue for Q3 2018 reached ¥555,335,890.05, a significant increase from ¥365,657,627.07 in the same period last year, representing a growth of approximately 51.9%[30] - The company reported a net profit of ¥6,717,794.00 for Q3 2018, compared to ¥7,164,162.69 in Q3 2017, representing a decrease of about 6.2%[31] - Net profit for Q3 2018 was 7,921,764.38 RMB, an increase from 6,587,294.82 RMB in Q3 2017, representing a growth of approximately 20.2%[32] - The total profit for the first nine months of 2018 was 15,654,092.79 RMB, down from 2,908,646.75 RMB in the same period of 2017, indicating a decline of approximately 438.5%[35] Assets and Liabilities - Total assets increased by 25.32% to CNY 5,130,174,633.95 compared to the end of the previous year[6] - Accounts receivable and accounts payable increased by 40.39% to RMB 1,045,912,352.88 from RMB 744,991,508.87 due to changes in the consolidation scope[12] - Inventory rose by 33.07% to RMB 1,996,833,249.30 from RMB 1,500,631,041.17, attributed to changes in the consolidation scope and newly added construction assets[12] - The company reported a significant increase in goodwill, which surged by 1982.40% to RMB 46,707,937.29 from RMB 2,242,988.48 due to changes in the consolidation scope[12] - Total liabilities increased from 2,768,701,758.15 yuan at the beginning of the year to 3,648,536,846.74 yuan at the end of the period[24] - The company's equity attributable to shareholders rose from 1,279,863,631.87 yuan at the beginning of the year to 1,323,973,793.26 yuan at the end of the period[24] Cash Flow - Net cash flow from operating activities improved by 78.98%, reaching CNY -186,637,661.75[6] - Cash inflow from operating activities for the year-to-date period reached ¥1,813,061,689.33, a significant increase from ¥911,975,633.71 in the previous year, representing an increase of approximately 98.8%[37] - The net cash flow from operating activities was -¥186,637,661.75, an improvement compared to -¥887,743,285.31 in the same period last year, indicating a reduction in losses[38] - Total cash outflow from operating activities amounted to ¥1,999,699,351.08, up from ¥1,799,718,919.02, reflecting a year-over-year increase of about 11.1%[38] - The ending cash and cash equivalents balance was ¥161,602,054.43, compared to ¥589,358,251.13 at the end of the previous year, a decline of about 72.6%[39] Shareholder Information - The total number of shareholders reached 40,390 by the end of the reporting period[10] - The largest shareholder, Jin Shengguang, holds 25.54% of the shares, with 100,231,443 shares pledged[10] - The company distributed a cash dividend of 0.02 yuan per share, totaling 8,000,060 yuan, based on a total share capital of 400,003,000 shares[17] - The company has completed the shareholding increase plan for certain shareholders, acquiring a total of 8,000,100 shares, representing 2% of the total share capital[18] Expenses - The company's financial expenses increased by 47.84% to RMB 67,503,209.40, primarily due to increased interest expenses from new borrowings and changes in the consolidation scope[13] - Financial expenses for the first nine months of 2018 totaled 46,487,474.82 RMB, an increase from 33,038,215.19 RMB in the same period of 2017, representing a rise of about 40.9%[34] - Research and development expenses for Q3 2018 were ¥449,680.40, compared to ¥174,556.00 in Q3 2017, reflecting an increase of about 157.5%[31] New Developments - The company established a new subsidiary, Zhengping Technology Industry Development Co., Ltd., with a registered capital of RMB 20 million, fully funded by its wholly-owned subsidiary[15] - The company also set up Golmud Shengguang Mining Development Co., Ltd. with a registered capital of RMB 15 million, fully funded by the company[15] - The company approved a comprehensive credit limit of up to RMB 3 billion for 2018, with a guarantee limit for subsidiaries not exceeding RMB 3 billion[16]