SHGBIT(SH:603918)2018-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 465,867,929.38, representing a year-on-year growth of 27.51%[7] - Net profit attributable to shareholders was CNY 26,896,286.81, a significant increase of 333.16% compared to the same period last year[7] - Basic earnings per share rose to CNY 0.1525, reflecting a growth of 334.47% year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 23,432,876.02, an increase of 277.72% year-on-year[7] - Operating profit rose by 292.02% year-on-year to ¥33,265,354.21, driven by a 27.51% increase in revenue and a gross margin improvement of 3.88 percentage points to 32.70%[23] - Net profit increased by 333.16% year-on-year to ¥26,896,286.81, supported by higher operating income and government subsidies[23] - The company's net profit attributable to the parent company for Q3 2018 was CNY 14,212,767.01, compared to CNY 5,210,801.47 in Q3 2017, representing a year-over-year increase of 172.5%[39] - Total comprehensive income for Q3 2018 reached CNY 14,463,264.50, up from CNY 5,208,822.91 in the same quarter last year, marking an increase of 177.5%[40] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,052,786,959.95, an increase of 9.19% compared to the end of the previous year[7] - Total liabilities increased to CNY 493,451,621.50 from CNY 421,771,287.96, reflecting a growth of approximately 17%[35] - Current liabilities increased to ¥513,366,350.92 from ¥449,446,646.85, with short-term borrowings rising to ¥76,300,000.00[31] - The total number of shareholders is 19,609[12] - The largest shareholder, Jin Guopei, holds 52,656,000 shares, representing 29.35% of the total shares[12] Cash Flow - Cash flow from operating activities showed a negative figure of CNY -193,491,904.04, compared to CNY -79,450,431.52 in the same period last year[7] - Cash inflow from sales of goods and services for the first nine months reached ¥485.90 million, up from ¥415.03 million in the same period last year, representing a growth of 16.9%[44] - Total cash inflow from operating activities amounted to ¥537.79 million, compared to ¥445.60 million in the previous year, indicating an increase of 20.6%[44] - Net cash flow from operating activities was -¥193.49 million, worsening from -¥79.45 million year-on-year[44] - Cash outflow for purchasing goods and services was ¥530.81 million, significantly higher than ¥354.43 million in the same period last year, reflecting a rise of 49.7%[44] Investments and Expenses - R&D expenses increased by 79.60% year-on-year to ¥17,608,276.63, reflecting ongoing investment in research projects[21] - Financial expenses surged by 1,073.26% year-on-year to ¥3,101,601.25, primarily due to increased short-term borrowings and foreign exchange losses[22] - The company invested ¥1 billion in a capital increase for Hangmei Media Group, acquiring a 2.50% stake[26] - Cash outflow for employee compensation increased to ¥83.39 million from ¥66.95 million, marking a rise of 24.6%[44] Shareholder Equity - The weighted average return on equity increased to 5.08%, up by 3.82 percentage points[8] - The total net assets attributable to shareholders increased to CNY 539,036,609.03, a growth of 4.71% from the previous year[7] - Shareholders' equity rose to ¥539,036,609.03 from ¥514,768,053.22, reflecting retained earnings growth[31] Inventory and Receivables - Accounts receivable increased by 405.58%, mainly due to an increase in commercial acceptance bills received[15] - Inventory increased by 106.15%, with raw materials up by 98.68% and work-in-progress up by 111.12%[15] - Intangible assets rose by 572.21%, attributed to completed development projects being transferred from development expenses[15] - Prepayments increased by 342.28%, mainly due to advance payments for equipment needed for ongoing projects[15]