JIAFAET(SZ:300559)2018-10-28 16:00Financial Performance - Operating revenue for the period reached CNY 79,836,774.69, a significant increase of 229.11% year-on-year[8] - Net profit attributable to shareholders rose by 72.60% to CNY 27,867,450.23 for the quarter[8] - The net profit after deducting non-recurring gains and losses increased by 90.23% to CNY 27,453,200.23[8] - Basic earnings per share improved by 68.67% to CNY 0.1997[8] - The total operating revenue for Q3 2018 was CNY 79,836,774.69, a significant increase from CNY 24,258,392.00 in the same period last year, representing a growth of approximately 229.5%[37] - The net profit for Q3 2018 reached CNY 27,429,839.08, up from CNY 16,145,912.83 in Q3 2017, reflecting a growth of approximately 69.5%[38] - The total profit for the current period was ¥30,485,462.50, compared to ¥17,698,776.75 in the previous period, marking an increase of approximately 72.3%[42] - Net profit for the current period was ¥80,577,875.01, up from ¥40,956,553.38 in the previous period, reflecting a 96.7% increase[50] Assets and Liabilities - Total assets increased by 23.83% to CNY 938,109,974.93 compared to the end of the previous year[8] - The total assets at the end of Q3 2018 amounted to CNY 878,767,945.35, compared to CNY 698,843,155.32 at the beginning of the year, showing an increase of about 25.8%[34] - The total liabilities as of Q3 2018 were CNY 171,981,506.07, a significant rise from CNY 65,538,808.31 at the start of the year, representing an increase of approximately 162.5%[34] - The total equity attributable to shareholders of the parent company was CNY 706,786,439.28, compared to CNY 633,304,347.01 at the beginning of the year, indicating an increase of about 11.6%[35] Cash Flow - Cash flow from operating activities showed a decline of 78.94%, totaling CNY 9,355,926.07 year-to-date[8] - Cash and cash equivalents decreased by 88.66% to ¥52,473,774.97 from ¥462,619,726.81 due to improved cash management practices[17] - Operating cash flow net amount decreased by 78.94% to ¥9,355,926.07 from ¥44,430,363.68, mainly due to increased cash payments for goods and services[20] - The ending balance of cash and cash equivalents was ¥51,887,774.97, down from ¥98,223,130.20 in the previous period[54] - The company reported a decrease in cash and cash equivalents of -329,992,738.79 CNY during the quarter[57] Shareholder Information - The company reported a total of 7,313 common shareholders at the end of the reporting period[12] - The largest shareholder, Yuan Bin, holds 33.61% of the shares, amounting to 46,889,283 shares[12] Research and Development - Research and development expenses rose by 73.01% to ¥24,407,914.93 from ¥14,107,719.22, reflecting a commitment to innovation[19] - The company reported R&D expenses of CNY 8,532,112.13 for Q3 2018, compared to CNY 4,714,345.60 in Q3 2017, marking an increase of approximately 80.0%[37] - Research and development expenses for the current period were ¥18,071,279.88, compared to ¥14,107,719.22 in the previous period, indicating a focus on innovation[49] Government Support - The company received government subsidies amounting to CNY 788,232.20 during the reporting period[9] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[38] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[41] - The company plans to grant 695,400 restricted stock units at a price of ¥15.17 per share to 70 eligible participants as part of its incentive plan[21]