QSY Tech(SZ:300437)2018-12-07 12:54Financial Performance - Net profit attributable to shareholders reached ¥44,648,627.60, reflecting a significant increase of 218.80% year-on-year[7]. - Operating revenue for the period was ¥337,263,208.56, marking a 135.20% increase compared to the same period last year[7]. - Basic earnings per share rose to ¥0.2045, up 219.03% from the previous year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥42,698,013.61, up 233.19% year-on-year[7]. - The net profit attributable to the parent company was ¥153,853,894.22, marking a 262.48% increase from ¥42,444,281.04, largely due to increased revenue and the consolidation of Anhui Zhongxu's financial results[18]. - The total operating revenue for the current period reached CNY 1,103,617,010.45, a significant increase from CNY 451,025,677.79 in the previous period, representing a growth of approximately 144.5%[46]. - The net profit for the current period was CNY 180,995,245.08, compared to CNY 48,255,708.82 in the previous period, indicating an increase of about 274.5%[47]. - The total comprehensive income for the current period was CNY 181,013,835.11, compared to CNY 48,219,586.00 in the previous period, reflecting an increase of about 274.5%[48]. Assets and Liabilities - Total assets increased to ¥3,554,998,175.16, a rise of 15.13% compared to the previous year[7]. - Current assets increased to CNY 2,127,799,640.21 from CNY 1,726,419,469.65, reflecting a growth of approximately 23.3%[30]. - Total liabilities reached CNY 1,994,158,328.39, compared to CNY 1,694,423,361.08 at the beginning of the period, indicating an increase of approximately 17.7%[32]. - The company's equity attributable to shareholders increased to CNY 1,328,915,556.21 from CNY 1,195,689,495.20, reflecting an increase of about 11.1%[32]. - Long-term borrowings surged by 434.96% to ¥310,091,310.94, reflecting the company's increased bank loans during the reporting period[17]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥53,819,004.96, a decrease of 64.62% compared to the previous year[7]. - Cash received from sales and services amounted to ¥880,123,713.62, up 189.08% from ¥304,459,226.38, attributed to increased revenue and improved customer payments[18]. - The net cash flow from operating activities was negative at CNY -53.82 million, worsening from CNY -32.69 million in the same period last year[52]. - Cash inflow from operating activities totaled CNY 1.04 billion, a substantial increase from CNY 327.96 million in the previous year[52]. - The company received CNY 855.18 million in borrowings during the financing activities, significantly higher than CNY 224.40 million in the previous year[54]. Shareholder Information - The company reported a total of 12,683 common shareholders at the end of the reporting period[11]. - The largest shareholder, Wang Zhiqing, holds 43.64% of the shares, amounting to 95,270,000 shares[11]. Costs and Expenses - Operating costs rose to ¥695,350,990.65, reflecting a 123.35% increase from ¥311,331,972.45, driven by higher revenue and the inclusion of Anhui Zhongxu's costs in the consolidated financial statements[17]. - The company reported a 537.57% increase in financial expenses, totaling ¥35,462,426.79, due to higher interest expenses from increased bank borrowings[18]. - The total operating costs for the current period amounted to CNY 872,386,384.70, compared to CNY 400,129,859.42 in the previous period, which is an increase of around 118.5%[46]. Research and Development - Research and development expenses for Q3 2018 were ¥4,694,850.12, a slight increase from ¥4,261,671.32 in the same quarter last year[37]. - The company incurred research and development expenses of CNY 11,407,029.66, slightly down from CNY 13,261,191.89 in the previous period, indicating a decrease of approximately 14%[46]. Other Financial Information - Non-recurring gains and losses totaled ¥1,969,229.51 for the year-to-date[8]. - The company reported an investment income of ¥681,105.84, up from ¥275,261.06 year-over-year, indicating a positive trend in investment performance[39]. - The investment income for the current period was CNY 1,694,459.15, compared to CNY 1,430,304.70 in the previous period, showing an increase of about 18.5%[46]. - The company reported no overdue commitments or violations regarding external guarantees during the reporting period[24]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[25].