润禾材料(300727) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached CNY 167,527,616.39, a year-on-year increase of 17.45%[7] - Net profit attributable to shareholders increased by 12.53% to CNY 25,225,789.94 for the reporting period[7] - The total operating revenue for the current period reached CNY 485,570,559.10, a significant increase from CNY 322,519,847.81 in the previous period, representing a growth of approximately 50.7%[42] - The net profit for the current period was CNY 55,320,659.98, compared to CNY 34,655,196.02 in the previous period, reflecting an increase of about 59.8%[44] - The total profit for the current period amounted to CNY 65,579,229.02, compared to CNY 40,367,304.66 in the previous period, marking an increase of around 62.3%[43] - Basic earnings per share for the current period were CNY 0.44, up from CNY 0.36 in the previous period, representing a growth of approximately 22.2%[44] - The total comprehensive income for the current period was CNY 55,320,659.98, compared to CNY 34,655,196.02 in the previous period, reflecting an increase of about 59.8%[44] Cash Flow - Cash flow from operating activities increased significantly by 299.82% to CNY 19,902,695.90 year-to-date[7] - Cash flow from operating activities for the period was CNY 19,902,695.90, a significant improvement from a negative cash flow of CNY -9,960,254.43 in Q3 2017[48] - Total cash inflow from operating activities was CNY 311,684,420.14, compared to CNY 192,806,458.57 in the previous year, marking an increase of 61.66%[48] - The company reported a cash flow from investing activities of CNY -19,652,985.32, worsening from CNY -6,057,021.39 in Q3 2017[50] - Cash flow from financing activities generated a net inflow of CNY 415,224.94, a decrease from CNY 15,337,124.14 in the same quarter last year[54] Assets and Liabilities - Total assets increased by 21.74% to CNY 743,362,763.54 compared to the end of the previous year[7] - The company's total liabilities increased to ¥196,515,035.18 from ¥116,746,239.04, a rise of 68.3%[31] - The company's cash and cash equivalents increased to ¥24,742,910.27 from ¥14,298,168.09, a growth of 73.5%[30] - The company's inventory increased by 53.43% compared to the end of the previous year, attributed to sales growth and increased backup stock[15] - Accounts payable and notes payable increased by 91.70% compared to the end of the previous year, primarily due to the company's implementation of a note pool business[16] Research and Development - R&D expenses for the first nine months rose by 42.78% year-on-year, reflecting increased investment in research and development[17] - Research and development expenses were reported at ¥7,806,580.91, up from ¥5,839,504.31, reflecting a 33.6% increase[33] - Research and development expenses for the current period totaled CNY 19,838,805.29, compared to CNY 13,894,219.73 in the previous period, reflecting an increase of about 42.6%[42] Operating Costs - Operating costs for the first nine months increased by 55.77% year-on-year, mainly due to sales growth and rising direct material costs[16] - The total operating costs for the current period were CNY 431,309,291.73, an increase from CNY 287,311,646.95 in the previous period, indicating a growth of approximately 50.0%[42] - Total operating costs amounted to ¥145,378,427.85, up from ¥119,950,827.39, reflecting a growth of 21.2%[33] Other Income - Other income for the first nine months increased by 121.16% year-on-year, primarily due to an increase in fiscal subsidies related to daily operations[17] - Other income for the current period was CNY 1,110,541.94, compared to CNY 502,143.00 in the previous period, reflecting an increase of about 121.5%[42]