Haibo(SZ:300517)2018-10-28 16:00Financial Performance - Operating revenue for the reporting period reached ¥143,229,529.75, a 53.27% increase year-on-year[7] - Net profit attributable to shareholders was ¥11,287,418.29, reflecting a 29.77% growth compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was ¥10,321,373.26, up by 22.14% year-on-year[7] - The basic earnings per share increased by 37.50% to ¥0.11[7] - The operating profit for the quarter was CNY 12,310,630.88, up from CNY 10,314,735.38, indicating a year-over-year increase of about 19.3%[37] - The net profit for Q3 2018 reached CNY 11,287,418.29, compared to CNY 8,697,873.35 in the same period last year, representing a growth of approximately 29.1%[38] - The total profit before tax was CNY 12,311,907.59, an increase from CNY 10,376,553.55 in the previous year[37] - The total comprehensive income for the quarter was CNY 11,287,418.29, an increase from CNY 8,697,873.35 in the prior year[34] Asset and Equity Changes - Total assets increased by 13.58% to ¥1,213,416,706.08 compared to the end of the previous year[7] - The company's net assets attributable to shareholders rose by 3.08% to ¥636,356,831.33 compared to the end of the previous year[7] - The company's equity attributable to shareholders increased to CNY 636,356,831.33 from CNY 617,362,590.63, showing a growth of approximately 3.2%[30] - Cash and cash equivalents at the end of the period were CNY 193,869,913.67, up from CNY 178,080,230.75 at the beginning of the period[28] Cash Flow Analysis - Cash flow from operating activities for the year-to-date reached ¥17,904,912.29, a significant increase of 507.22%[7] - The company reported a net cash flow from operating activities of ¥17,904,912.29, a significant improvement compared to a negative cash flow of ¥4,341,254.60 in the previous period[46] - Cash inflow from sales of goods and services reached ¥370,165,066.17, compared to ¥239,261,742.71 in the previous period, showing a growth of approximately 54.8%[50] - Cash paid for purchasing goods increased by 66.99% to ¥303,974,294.63 due to higher procurement[15] - Cash flow from financing activities increased by 181.58% to ¥46,550,116.02 due to increased return of matured notes[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,745[11] - The largest shareholder, Zhang Haibo, holds 52.94% of the shares, totaling 56,570,000 shares[11] Liabilities and Borrowings - Current liabilities rose to CNY 574,157,994.52, compared to CNY 447,910,046.63 in the previous period, indicating an increase of about 28.2%[26] - Short-term borrowings decreased by 38.10% to ¥65,000,000 as a result of repayment of bank loans[15] Research and Development - The company’s research and development expenses for the period were CNY 1,341,842.56, compared to CNY 1,203,637.68 in the previous period, showing an increase in investment in innovation[31] - Research and development expenses amounted to ¥2,510,440.49, up from ¥2,217,142.11 in the previous year, indicating a focus on innovation[44] Other Financial Metrics - The weighted average return on equity was 1.80%, a decrease of 21.62% compared to the previous year[7] - The company reported an asset impairment loss of CNY -4,652,555.09, compared to a gain of CNY 1,069,807.90 in the previous period[36] - The total operating costs for Q3 2018 were CNY 126,779,501.07, compared to CNY 75,249,760.21 in the previous year[36] - The company incurred financial expenses of ¥4,067,721.23, which included interest expenses of ¥3,682,458.63[44] Contractual Agreements - The company signed a contract with Chengdu Huachuan Highway Construction Group for a project worth ¥122,500,000[16]