DDMC(SH:600136)2018-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,334,957,355.27, a 225.58% increase year-on-year[6] - Net profit attributable to shareholders was CNY 130,130,243.97, reflecting a 160.03% increase compared to the same period last year[6] - Basic earnings per share increased by 170.00% to CNY 0.27[6] - Total operating revenue for the third quarter reached ¥462,193,383.04, a significant increase from ¥191,472,884.06 in the same period last year, representing a growth of approximately 141.1%[28] - Net profit for the period was ¥23,198,416.71, up from ¥21,088,194.31 year-over-year, indicating a growth of approximately 10.0%[29] - The total comprehensive income for the period was ¥177,126,873.35, compared to ¥24,422,433.43 in the previous year, representing a substantial increase of approximately 624.5%[31] Assets and Liabilities - Total assets increased by 109.85% to CNY 10,757,516,780.52 compared to the end of the previous year[6] - The company's current assets reached CNY 6,138,354,231.93, up from CNY 3,269,269,740.48 at the start of the year, indicating a growth of about 87.5%[20] - Total liabilities rose to CNY 6,688,761,122.98 from CNY 2,380,262,188.55, which is an increase of approximately 180.5%[22] - The company's short-term borrowings increased significantly to CNY 1,419,950,000.00 from CNY 591,680,000.00, representing a growth of about 139.5%[21] - The company reported a total liability of ¥3,530,074,526.20, which is an increase from ¥1,813,569,416.20 in the previous year, marking a rise of about 94.5%[26] Cash Flow - Net cash flow from operating activities was CNY 185,282,963.95, a significant recovery from a negative cash flow of CNY -599,186,263.09 in the previous year[6] - The cash flow from operating activities for the year-to-date period was CNY 185,282,963.95, a significant improvement from CNY -599,186,263.09 in the previous year[38] - Cash inflow from operating activities totaled $1,714,274,207.19, a substantial increase from $716,081,720.63 year-over-year[42] - The company reported a net cash flow from investing activities of -$1,550,819,293.40, a decline from a positive cash flow of $58,900,706.43 in the previous year[42] - The financing activities generated a net cash flow of CNY 3,694,027,939.35, compared to CNY 876,458,256.38 in the previous year[39] Shareholder Information - The total number of shareholders reached 21,765 by the end of the reporting period[10] - The top ten shareholders collectively hold 70.92% of the company's shares, with Wuhan New Star Hanyi Chemical Co., Ltd. holding 16.47%[11] - The company received $124,809,749.94 in cash for dividends and interest payments, an increase from $58,899,975.59 in the previous year, showing a commitment to shareholder returns[43] Acquisitions and Market Position - The company completed the acquisition of 100% equity in New England Cayman, with all related payments finalized by August 31, 2018[14] - The company secured exclusive commercial rights for AFC competitions from 2021 to 2028, enhancing its market position[15] - The company has not disclosed any new product developments or market expansion strategies in this report[6] Expenses and Financial Management - The company’s financial expenses increased by 272.95% to approximately ¥221.52 million, primarily due to an increase in interest-bearing debt[13] - The company incurred interest expenses of ¥103,962,518.45 for the quarter, significantly higher than ¥20,858,586.02 in the same period last year, reflecting an increase of about 396.5%[29] - The management expenses for the year-to-date period were CNY 38,526,343.10, significantly higher than CNY 26,058,117.18 from the previous year[34] - The company paid $1,089,000,000.00 in debt repayments, compared to $155,000,000.00 in the same period last year, indicating a focus on debt management[43] Growth Indicators - Cash and cash equivalents increased by 80.27% to approximately ¥1.01 billion due to the completion of the acquisition of New England Cayman, resulting in changes in the consolidation scope[12] - Accounts receivable rose by 70.59% to approximately ¥1.68 billion, driven by business growth and the acquisition of New England Cayman[12] - Prepayments surged by 424.96% to approximately ¥1.45 billion, primarily due to business expansion and the acquisition of New England Cayman[12] - The company reported a 139.99% increase in short-term borrowings to approximately ¥1.42 billion, mainly due to expanded financing activities[12] - The company's goodwill increased by 139.87% to approximately ¥3.77 billion, resulting from the acquisition of New England Cayman[12]