鼎胜新材(603876) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months reached CNY 7.73 billion, a 15.82% increase from the same period last year[6] - Net profit attributable to shareholders increased by 9.60% to CNY 178.83 million year-on-year[6] - Net profit after deducting non-recurring gains and losses rose by 23.84% to CNY 181.54 million[6] - Total operating revenue for Q3 2018 reached ¥2,614,968,130.33, an increase of 11.5% compared to ¥2,344,258,088.91 in Q3 2017[26] - Year-to-date revenue for the first nine months of 2018 was ¥7,734,425,874.93, up 15.8% from ¥6,677,930,727.50 in the same period last year[26] - Net profit attributable to the parent company was ¥75,430,850.47, up from ¥68,450,063.74 in the same period last year, representing an increase of 1.43%[28] - The total profit for Q3 2018 was ¥97,998,350.83, compared to ¥86,722,235.77 in Q3 2017, marking an increase of 1.48%[27] - The company’s total profit for Q3 2018 was approximately ¥193.05 million, compared to ¥169.61 million in Q3 2017, showing an increase of about 13.80%[30] Assets and Liabilities - Total assets increased by 6.65% to CNY 8.60 billion compared to the end of the previous year[6] - The total assets of the company reached RMB 8,600,104,828.04, up from RMB 8,063,818,511.25, indicating an increase of 6.6%[19] - Total assets as of September 30, 2018, amounted to ¥7,294,307,738.70, compared to ¥6,318,387,827.51 at the beginning of the year, reflecting a growth of 15.4%[23] - Total liabilities decreased to RMB 4,211,717,022.03 from RMB 5,107,976,548.17, a reduction of 17.5%[19] - Total liabilities increased to ¥4,247,787,661.64 from ¥4,171,199,063.92, marking a rise of 1.8%[24] Shareholder Information - Net assets attributable to shareholders rose by 40.00% to CNY 3.28 billion year-on-year[6] - The total number of shareholders reached 33,303 by the end of the reporting period[12] - The top ten shareholders held a combined 85.01% of the company's shares, with the largest shareholder owning 32.26%[12] - The company's equity attributable to shareholders rose to ¥3,046,520,077.06, up from ¥2,147,188,763.59, indicating a significant increase of 42%[24] Cash Flow - The company reported a net cash flow from operating activities of CNY -203.10 million, an improvement of 28.93% compared to the previous year[6] - The total cash inflow from operating activities for the first nine months of 2018 was ¥5.93 billion, compared to ¥4.36 billion in the same period last year, reflecting a growth of about 36.00%[34] - The net cash flow from operating activities for the first nine months of 2018 was negative at ¥203.10 million, an improvement from a negative cash flow of ¥285.76 million in the same period last year[34] - The company reported a total cash inflow from financing activities of ¥6.00 billion in the first nine months of 2018, compared to ¥4.76 billion in the same period last year, marking an increase of about 25.98%[35] - The cash outflow from financing activities for the first nine months of 2018 was ¥5.52 billion, up from ¥4.83 billion in the same period last year, indicating a rise of approximately 14.36%[35] Investment and Expenses - The company's investment income turned negative at RMB -50,089,873.50, a decline of 753.66% compared to the previous year, due to fluctuations in joint venture performance and futures market volatility[14] - Research and development expenses for Q3 2018 were ¥9,360,358.43, a significant increase of 138.25% compared to ¥3,918,854.09 in Q3 2017[27] - The company incurred financial expenses of ¥11,400,631.94 in Q3 2018, a decrease of 78.01% from ¥51,755,547.54 in Q3 2017[27] - The company reported a significant decrease in financial expenses by 36.31% to RMB 91,037,467.79, primarily due to changes in exchange rate gains and losses[14] Inventory and Borrowings - The company's inventory increased to RMB 1,714,210,619.96 from RMB 1,624,474,342.81, reflecting a growth of 5.5%[18] - The company's prepayments rose significantly by 154.62% to RMB 250,414,576.74, primarily due to increased advance payments for raw materials[14] - Long-term borrowings surged by 517.82% to RMB 745,372,883.32, attributed to an increase in loans during the period[14] - Short-term borrowings increased significantly to ¥2,207,836,960.00 from ¥1,888,693,541.92, a rise of 16.9%[23] - Non-current liabilities totaled ¥963,620,698.17, up from ¥417,785,454.57, indicating a substantial increase of 130%[24]