开元教育(300338) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 382,726,018.94, representing a year-on-year increase of 40.91%[9] - Net profit attributable to shareholders was CNY 36,567,819.81, a decrease of 32.36% compared to the same period last year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 34,946,762.61, down 32.69% year-on-year[9] - Basic earnings per share were CNY 0.1061, a decline of 33.35% compared to the same period last year[9] - The weighted average return on net assets was 1.66%, down 0.98% year-on-year[9] - Revenue for the third quarter reached 1,188,776,743.63 CNY, a 72.50% increase compared to 689,137,191.51 CNY in the previous year[22] - Total operating revenue for the third quarter reached CNY 382.73 million, a significant increase of 40.99% compared to CNY 271.62 million in the same period last year[46] - Net profit for the period was CNY 40.77 million, a decrease of 27.91% from CNY 56.41 million in the previous year[47] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was CNY 109,912,840.49, a decrease of 42.05% compared to the same period last year[9] - Cash flow from operating activities decreased by 42.05% to 109,912,840.49 CNY, primarily due to rising costs and expenses[23] - Cash flow from investment activities increased by 85.90% to 230,662,270.79 CNY, mainly due to higher returns from financial investments[23] - Cash flow from operating activities generated a net amount of ¥109,912,840.49, down from ¥189,677,613.39 in the previous period[60] - Cash flow from investing activities resulted in a net outflow of ¥310,030,503.97, compared to a net outflow of ¥512,192,370.62 previously[62] - Cash flow from financing activities generated a net inflow of ¥34,207,307.67, significantly lower than the previous period's inflow of ¥443,565,298.62[62] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,945,407,932.29, a decrease of 2.33% compared to the end of the previous year[9] - The company's total assets as of September 30, 2018, were approximately RMB 2.95 billion, down from RMB 3.02 billion at the beginning of the period, a decrease of about 2.3%[39] - The total liabilities decreased to CNY 338.05 million from CNY 441.82 million at the beginning of the period, reflecting a reduction of 23.5%[44] - The company's cash and cash equivalents decreased by 39.51% to ¥227,176,989.72 due to payments related to asset restructuring[21] - The total cash and cash equivalents at the end of the period is ¥213,406,071.84, down from ¥298,048,231.00 in the previous period[63] Investments and Expenditures - The company reported non-operating income of CNY 4,430,712.69 for the year-to-date[11] - Long-term equity investments skyrocketed by 870.73% to ¥29,122,025.39, attributed to investments in subsidiaries[21] - The company invested RMB 6.2 million in Kaoyuan Kunjia Wuhan Technology Co., Ltd., increasing its registered capital to RMB 10 million, with a 62% ownership stake[27] - The company reported a significant increase in development expenditures by 42.99% to ¥16,338,435.25, driven by various new project developments[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,977[13] - The company completed a cash dividend distribution of RMB 0.15 per share to all shareholders based on a total share capital of 339,619,692 shares on June 11, 2018[31] Research and Development - R&D expenses increased by 97.13% to 49,739,098.61 CNY, reflecting the company's commitment to enhancing its research and development efforts[22] - Research and development expenses rose to CNY 22.09 million, up 184.56% from CNY 7.77 million in the previous year[46] - Research and development expenses for the current period amount to CNY 5,848,609.74, slightly down from CNY 6,050,489.44 in the previous period[50] Operational Costs - Total operating costs amounted to CNY 334.59 million, up 59.47% from CNY 209.92 million year-over-year[46] - Operating costs for the current period are ¥87,075,708.62, down from ¥128,538,795.00 previously[58] - The total operating costs for the current period are CNY 32,840,173.59, a decrease from CNY 57,797,213.54 in the previous period[50]