ECT(SZ:300679)2018-10-25 16:00Financial Performance - Operating revenue decreased by 9.63% to CNY 337,875,760.44 compared to the same period last year[7] - Net profit attributable to shareholders decreased by 12.03% to CNY 78,839,236.75 compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 23.46% to CNY 65,128,164.16 compared to the same period last year[7] - Basic earnings per share decreased by 61.29% to CNY 0.36 compared to the same period last year[7] - The company's operating revenue for the current period is CNY 937,439,324.57, compared to CNY 1,048,064,804.15 in the previous period[48] - The net profit for the current period is CNY 202,168,723.34, a decrease from CNY 275,884,906.83 in the previous period, representing a decline of approximately 26.6%[45] - Basic earnings per share for the current period is CNY 0.93, down from CNY 2.84 in the previous period[46] - The total comprehensive income for the current period is CNY 202,185,563.36, compared to CNY 275,881,497.60 in the previous period, indicating a decrease of about 26.6%[46] - The total profit for Q3 2018 was CNY 80,479,915.42, down from CNY 103,846,300.83 in Q3 2017, reflecting a decline of 22.5%[38] Assets and Liabilities - Total assets increased by 5.21% to CNY 3,577,079,694.66 compared to the end of the previous year[7] - Total liabilities decreased to CNY 254,723,315.76 from CNY 279,655,261.52, a decline of approximately 8.9%[30] - The company's equity attributable to shareholders increased to CNY 3,308,989,684.38 from CNY 3,107,606,425.52, reflecting a growth of 6.5%[30] - Other receivables increased by 209.54% to ¥11,021,043.02 due to increased deposits and guarantees[18] - Construction in progress rose by 232.44% to ¥90,105,920.88 as a result of headquarters technical upgrades and factory construction in Hefei[18] Cash Flow - Cash flow from operating activities decreased by 47.69% to CNY 218,363,054.24 year-to-date[7] - Cash inflow from operating activities is CNY 1,042,361,741.06, down from CNY 1,263,488,019.69 in the previous period[52] - The net cash flow from operating activities for Q3 2018 was ¥218,363,054.24, a decrease of 47.8% compared to ¥417,431,708.46 in the same period last year[53] - The company reported a cash outflow of ¥2,820,000,000.00 for investments, which is a substantial increase from ¥1,015,500,000.00 in the previous year[57] - The ending balance of cash and cash equivalents was ¥1,495,570,173.23, down from ¥2,017,055,929.07 in the same period last year[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,973[11] - The top shareholder, Chen Yuxuan, holds 25.41% of the shares, totaling 54,882,288 shares[11] Investment and Income - Investment income surged by 576.39% to ¥25,721,562.38 driven by increased financial investment returns[19] - Cash received from investment redemption increased by 163.57% to ¥2,041,700,000.00 due to higher redemption of financial products[20] - The company reported a significant increase in retained earnings, which rose to CNY 850,425,333.62 from CNY 669,361,896.75, an increase of about 27%[30] - The company received ¥2,041,700,000.00 from investment recoveries, significantly higher than ¥774,630,000.00 in the previous year[53] Expenses - The company's net profit margin improved, with a financial expense of CNY -8,398,883.35 compared to CNY 2,122,150.34 in the previous year, indicating a reduction in financial costs[35] - Research and development expenses for Q3 2018 were CNY 30,589,231.59, slightly down from CNY 30,924,839.32 in Q3 2017[40] - Research and development expenses for the current period are CNY 79,722,894.52, slightly down from CNY 80,481,619.03 in the previous period[48] - The company recorded a financial expense of CNY -21,734,988.01, compared to CNY 6,793,888.61 in the previous period, indicating a significant improvement[48]