GRANDWALL(SH:603897)2018-10-26 16:00Financial Performance - Operating revenue for the first nine months reached CNY 3,746,540,179.36, a 14.72% increase year-on-year[6] - Net profit attributable to shareholders increased by 14.75% to CNY 142,064,978.12 for the first nine months[6] - The company reported a net profit margin improvement, with net profit for the year-to-date period reaching CNY 488,714,690.97 compared to CNY 352,860,524.05 in the previous year, reflecting a growth of about 38.4%[21] - Net profit for Q3 2018 reached CNY 56,505,774.29, compared to CNY 45,578,442.17 in Q3 2017, marking an increase of about 24.5%[25] - The company reported a total profit of CNY 64,652,431.11 for Q3 2018, compared to CNY 57,270,109.64 in Q3 2017, indicating an increase of around 12.5%[25] Assets and Liabilities - Total assets increased by 37.38% to CNY 1,810,718,714.93 compared to the end of the previous year[6] - Total liabilities decreased to CNY 180,090,724.59 from CNY 521,210,106.57, a reduction of about 65.4% compared to the previous period[21] - Cash and cash equivalents decreased by 49.94% to ¥130,460,446.65 from ¥260,597,803.30 due to increased payment for goods and reduced acceptance bill deposits[11] - Accounts receivable increased by 54.74% to ¥845,595,944.99 from ¥546,451,960.91 primarily due to a decrease in bill discounting[11] - The company’s total equity increased to CNY 1,636,091,685.22 from CNY 796,862,185.11, reflecting a growth of about 105.5% year-over-year[21] Shareholder Information - The total number of shareholders reached 25,799[9] - The largest shareholder, Zhejiang Great Wall Electronic Technology Group, holds 45.82% of the shares[9] Cash Flow - The net cash flow from operating activities improved by 2.93% to CNY -431,568,303.38 compared to the same period last year[6] - Cash flow from financing activities showed a net increase of CNY 661,679,746.13, compared to CNY 421,589,625.24 in the previous year[35] - Cash inflow from financing activities was CNY 1,399,513,260.19, compared to CNY 641,986,424.53 in the same period last year, marking a 117.5% increase[38] - The company reported a net decrease in cash and cash equivalents of CNY -101,408,605.61 during the period[39] Research and Development - The company reported a 37.60% increase in R&D expenses to ¥74,145,252.47 from ¥53,885,952.28, reflecting increased investment in research and development[12] - Research and development expenses for Q3 2018 amounted to CNY 25,724,956.86, up from CNY 17,790,085.87 in Q3 2017, reflecting a growth of approximately 44.6%[24] Other Financial Metrics - The weighted average return on equity decreased by 6.88 percentage points to 11.29%[6] - Basic earnings per share decreased by 3.23% to CNY 0.90[6] - The company reported a total of CNY 9,268,206.88 in non-recurring gains and losses for the year-to-date[8] - The company incurred financial expenses of CNY 7,482,232.36 in Q3 2018, compared to CNY 6,574,656.09 in Q3 2017, reflecting an increase of about 13.8%[24]