寒锐钴业(300618) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the current period reached CNY 656,815,492.86, a 42.92% increase year-on-year[8] - Net profit attributable to shareholders was CNY 172,554,461.39, a slight decrease of 1.87% compared to the same period last year[8] - Basic earnings per share decreased by 10.00% to CNY 0.90[8] - The weighted average return on equity was 10.31%, down 8.89% from the previous year[8] - The company reported a significant year-on-year revenue growth of 126.54% for the year-to-date[8] - Total operating revenue increased by 126.54% to CNY 2,159,256,696.52 compared to the same period last year, driven by higher sales volume and prices[18] - The company reported a net profit margin improvement, with net profit increasing significantly due to higher revenue and controlled costs[37] - Net profit for the third quarter was CNY 171,366,140.80, slightly down from CNY 175,843,702.71 in the same period last year, indicating a decrease of about 2.7%[39] - The company reported a comprehensive income total of CNY 225,594,178.71, compared to CNY 163,291,828.06 in the previous year, reflecting an increase of approximately 38.2%[40] Assets and Liabilities - Total assets increased by 52.54% to CNY 3,316,046,997.68 compared to the end of the previous year[8] - Net assets attributable to shareholders increased by 60.51% to CNY 1,787,723,200.35 compared to the end of the previous year[8] - The company's total liabilities increased to CNY 1.53 billion, up from CNY 1.06 billion, indicating a growth of 44%[32] - Non-current assets totaled CNY 745.45 million, significantly up from CNY 304.25 million, marking an increase of 144%[31] - Short-term borrowings rose to CNY 736.58 million, an increase of 27% from CNY 581.55 million[32] - The equity attributable to shareholders of the parent company increased to CNY 1.79 billion from CNY 1.11 billion, a rise of 60%[32] Cash Flow - Cash flow from operating activities for the year-to-date increased by 113.68% to CNY 17,272,500.63[8] - Cash flow from operating activities improved by 113.68% to CNY 17,272,500.63, resulting from increased cash collections from sales[19] - The net cash flow from operating activities for the period was -46,845,089.20 RMB, compared to -99,274,472.78 RMB in the previous period, indicating an improvement[54] - Total cash inflow from financing activities was 928,031,021.30 RMB, up from 589,194,098.22 RMB in the previous period[56] - The total cash outflow for operating activities was 1,064,773,154.10 RMB, compared to 566,044,284.24 RMB in the previous period, indicating increased operational costs[54] Research and Development - Research and development expenses surged by 103.02% to CNY 34,732,599.18, reflecting increased investment in R&D[18] - Research and development expenses for Q3 2018 were CNY 9.97 million, compared to CNY 7.69 million in the previous year, reflecting a 30% increase[37] - Research and development expenses for the quarter amounted to CNY 9,973,893.70, up from CNY 7,691,448.11, marking an increase of about 29.7%[42] - Research and development expenses for the quarter were ¥34,732,599.18, which is an increase from ¥17,108,162.08 in the previous year, showing a growth of approximately 103.5%[50] Financial Expenses - Financial expenses skyrocketed by 540.92% to CNY 65,199,324.74, mainly due to increased interest expenses and foreign exchange losses[18] - The company incurred financial expenses of CNY 26,534,389.15, a significant rise from CNY 1,403,474.97, indicating an increase of approximately 1,789.5%[42] - The company's financial expenses increased to ¥60,182,126.30 from ¥4,722,098.53 in the previous year, primarily due to higher interest expenses[50] Other Comprehensive Income - Other comprehensive income improved by 570.89% to CNY 76,385,728.25, mainly due to foreign currency translation differences from overseas subsidiaries[30] - The company recorded a foreign exchange gain of ¥92,607,191.32, compared to a loss of ¥22,590,615.00 in the previous year, reflecting a positive change in foreign exchange impact[48] Shareholder Information - The total number of shareholders at the end of the reporting period was 29,641[12] - The company plans to issue convertible bonds, which has been approved by the China Securities Regulatory Commission, pending formal approval[21]