RC(SZ:300596)2018-10-28 16:00Financial Performance - Net profit attributable to shareholders increased by 72.35% to CNY 61,891,641.58 for the reporting period[8] - Operating revenue for the reporting period reached CNY 416,773,044.45, a growth of 34.36% year-on-year[8] - Basic earnings per share rose by 72.33% to CNY 0.3438[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 56,525,190.06, reflecting a 60.80% increase year-on-year[8] - The company's equity attributable to shareholders increased from CNY 896,170,460.61 to CNY 1,026,828,111.09, representing a growth of about 14.6%[32] - The net profit margin improved, with retained earnings rising from CNY 345,576,753.98 to CNY 474,061,491.51, an increase of approximately 37.2%[32] - The net profit for the current period was ¥63,334,809.93, compared to ¥35,891,527.27 in the previous period, reflecting an increase of approximately 76.5%[39] - The total comprehensive income for the current period was CNY 153,536,848.01, significantly higher than CNY 93,355,335.53 in the previous period, marking an increase of 64.5%[48] Assets and Liabilities - Total assets increased by 18.79% to CNY 1,770,865,796.17 compared to the end of the previous year[8] - Current assets rose from CNY 902,781,799.23 to CNY 1,043,608,535.19, an increase of about 15.6%[30] - Total liabilities rose from CNY 569,517,464.41 to CNY 716,029,743.39, indicating an increase of about 25.8%[32] - Current liabilities increased from CNY 491,108,867.30 to CNY 641,202,620.56, a growth of approximately 30.6%[32] - The company reported a significant increase in fixed assets from CNY 342,204,827.39 to CNY 424,360,165.90, reflecting a growth of about 24.1%[31] Cash Flow - The net cash flow from operating activities increased by 187.99% to CNY 67,192,532.50 year-to-date[8] - Cash received from tax refunds rose by 511.41% to ¥21,132,038.64, mainly due to export tax rebates[17] - The cash flow from investment activities showed a significant recovery with a net inflow of CNY 30,471,865.83 compared to a net outflow of -CNY 100,439,734.82 in the previous period[54] - The cash flow from operating activities generated a net amount of CNY 67,192,532.50, compared to CNY 23,331,641.28 in the previous period, indicating a substantial improvement[52] Shareholder Information - The company reported a total of 7,625 common shareholders at the end of the reporting period[12] - The largest shareholder, Tianjin Lianlong Technology Group Co., Ltd., holds 18.03% of the shares[12] - Shareholders Guangzhou Chengxin and Guangzhou Tingbo plan to reduce their holdings by up to 8,694,000 shares, representing 4.83% of the total share capital[21] Expenses - Management expenses increased by 152.50% to ¥46,153,903.79 compared to the same period in 2017[16] - Research and development expenses rose to ¥15,581,697.38 from ¥11,744,735.95, an increase of approximately 32.5%[37] - Sales expenses increased to ¥29,580,992.51 from ¥23,153,052.03, reflecting a rise of approximately 27.6%[37] - The company reported a tax expense of CNY 30,510,308.42, which is an increase from CNY 15,889,881.72 in the previous period, reflecting higher profitability[48] Investment Activities - Investment income turned positive at ¥5,795,725.56, a significant recovery from a loss of ¥1,793,411.95 in the previous year[16] - The company achieved an investment income of ¥1,796,835.56, compared to a loss of ¥499,811.95 in the previous period, indicating a turnaround[39]