iREAL(SZ:300150)2018-10-24 16:00Financial Performance - Operating revenue increased by 59.89% to CNY 135,391,394.17 for the current period, and by 46.32% to CNY 325,904,094.69 year-to-date[8] - Net profit attributable to shareholders increased by 181.88% to CNY 2,090,207.33 for the current period, and by 534.33% to CNY 93,782,559.12 year-to-date[8] - Basic earnings per share rose by 176.60% to CNY 0.0036 for the current period, and by 500.75% to CNY 0.1603 year-to-date[8] - Total operating revenue for Q3 2018 was CNY 135,391,394.17, an increase of 59.8% compared to CNY 84,675,195.31 in the same period last year[42] - The net profit for Q3 2018 was CNY -485,290.43, compared to a net loss of CNY -3,546,222.55 in Q3 2017, indicating an improvement in profitability[44] - The total profit for the year-to-date period reached ¥103,626,818.58, a significant recovery from a loss of ¥24,379,151.39 in the previous year[52] - The total profit for the current period is ¥145,714,049.55, compared to a loss of ¥14,791,735.41 in the previous period, indicating a turnaround in profitability[56] Assets and Liabilities - Total assets decreased by 10.14% to CNY 2,306,144,327.93 compared to the end of the previous year[8] - The total assets decreased to CNY 2,008,166,129.90 from CNY 2,213,433,272.01, a decline of 9.2%[40] - The total liabilities decreased to CNY 129,527,168.28 from CNY 407,889,990.36, a significant reduction of 68.3%[40] - The company's cash and cash equivalents decreased by 30.29% to ¥413,246,966.38, primarily due to payments for equity investments[17] - Cash and cash equivalents at the end of Q3 2018 amounted to 332,254,481.29 CNY, down from 608,213,911.15 CNY year-over-year[63] Cash Flow - The net cash flow from operating activities decreased by 11.05% to CNY -88,827,605.82 year-to-date[8] - Cash flow from investing activities improved by 92.99% to -¥18,746,320.02, due to reduced cash outflows for investments[22] - The net cash flow from financing activities was -91,346,525.77 CNY in Q3 2018, compared to 6,384,820.00 CNY in the same period last year[63] - The company reported cash inflows from operating activities totaling ¥470,325,452.70, up from ¥310,789,009.57 in the previous period[57] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,767[12] - The top two shareholders, Niu Junjie and Wang Tie, hold 19.63% and 18.37% of shares respectively, with significant portions pledged[12] - The company did not engage in any repurchase transactions among the top shareholders during the reporting period[13] Research and Development - Research and development expenses rose by 103.38% to ¥17,022,769.79, reflecting the consolidation of Beihai Tongxin's financial statements[18] - Research and development expenses for Q3 2018 were CNY 17,022,769.79, up from CNY 8,369,888.45, representing a year-over-year increase of 103.9%[42] - Research and development expenses increased to ¥14,679,450.63 from ¥10,825,510.58, reflecting a growth of approximately 35.5%[55] Performance Commitments - The company committed to a net profit of no less than 36 million yuan for 2017, with a performance threshold set at 90% of this figure[24] - The cumulative net cash flow from operating activities must not be less than 67.95 million yuan during the performance commitment period from 2017 to 2019[26] - The company has established a performance commitment period from 2017 to 2019, with specific financial targets tied to share release conditions[26] - The release of shares for certain partners is contingent upon the 2018 audit report, with specific percentages of shares eligible for release based on performance metrics[25]