THGW(SH:600365)2018-10-29 16:00Financial Performance - Operating revenue for the year-to-date was CNY 668,444,819.86, representing an increase of 11.61% year-on-year[8]. - Net profit attributable to shareholders was CNY 2,065,871.19, a decrease of 24.08% compared to the same period last year[8]. - Basic earnings per share were CNY 0.005, down 28.57% from CNY 0.007 in the previous year[8]. - The company reported a net profit of CNY -73,743.85 from non-recurring items for the year-to-date[12]. - The company anticipates a significant change in net profit compared to the previous year, but specific figures were not disclosed[21]. - Net profit for the first nine months of 2018 was ¥19,352,194.70, compared to ¥15,076,277.30 in the same period last year, reflecting a year-on-year increase of 28.5%[34]. - The company reported a net loss of CNY 7,177,521.83 for Q3 2018, compared to a profit of CNY 610,045.65 in the same period last year, indicating a significant decline in performance[39]. - Total operating revenue for the first nine months of 2018 was CNY 40,478,905.74, down 30.5% from CNY 58,697,774.09 in the previous year[39]. - The company's operating profit for Q3 2018 was CNY -7,179,058.47, a decrease from CNY 781,033.66 in Q3 2017[39]. - Basic and diluted earnings per share for Q3 2018 were both CNY -0.02, compared to CNY 0.002 in the same quarter last year[40]. - The total comprehensive income for Q3 2018 was CNY -7,177,521.83, reflecting the overall financial challenges faced by the company[39]. Cash Flow - Net cash flow from operating activities was CNY -430,322,769.61, compared to CNY -47,915,859.63 in the previous year, indicating a significant decline[8]. - Cash flow from operating activities showed a net outflow of CNY -430,322,769.61 for the first nine months of 2018, worsening from CNY -47,915,859.63 in the previous year[43]. - The company’s cash inflow from operating activities was CNY 508,210,549.24 for the first nine months of 2018, down from CNY 834,281,406.59 in the previous year[43]. - The net cash flow from operating activities for the first nine months of 2018 was -78,294,356.69 RMB, compared to -82,122,762.82 RMB in the same period last year, showing a slight improvement[46]. - Total cash inflow from operating activities was 80,328,025.22 RMB, down from 89,399,163.43 RMB year-on-year, indicating a decrease of approximately 10%[46]. - Cash outflow from operating activities totaled 158,622,381.91 RMB, compared to 171,521,926.25 RMB in the previous year, reflecting a reduction of about 7.5%[46]. - The net cash flow from investment activities was 4,103,862.29 RMB, a significant improvement from -5,039,535.96 RMB in the same period last year[46]. - Cash inflow from investment activities was 15,300,000.00 RMB, up from 8,160,000.00 RMB year-on-year, representing an increase of approximately 87%[46]. - Cash outflow from investment activities was 11,196,137.71 RMB, down from 13,199,535.96 RMB in the previous year, indicating a decrease of about 15%[46]. - The net cash flow from financing activities was 334,090,534.46 RMB, compared to -66,170,560.92 RMB in the same period last year, showing a substantial turnaround[44]. - The cash flow from financing activities included 678,061,017.99 RMB in cash received, significantly higher than 486,818,641.23 RMB in the previous year, marking an increase of about 39%[44]. - The net increase in cash and cash equivalents for the period was -74,190,494.40 RMB, compared to -87,162,298.78 RMB in the same period last year, indicating an improvement[47]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,082,193,373.68, a decrease of 3.10% compared to the end of the previous year[8]. - Non-current assets decreased by 1.52% to ¥310,015,342.45 from ¥315,962,160.49[26]. - The company's total assets as of September 30, 2018, amounted to ¥795,223,957.65, a slight increase from ¥787,863,319.12 at the beginning of the year[31]. - The total liabilities of the company were ¥316,022,066.59, down from ¥355,343,522.58 at the beginning of the year, indicating a reduction of approximately 11%[30]. - The company's equity attributable to shareholders increased to ¥691,230,630.31 from ¥689,164,759.12, showing a marginal growth[30]. - Inventory levels rose to ¥130,677,521.61, up from ¥118,694,986.02, representing a 10.3% increase[30]. - The company reported a significant increase in prepayments, which reached ¥92,980,436.48, compared to ¥33,902,762.30 at the beginning of the year, marking a growth of 174%[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 35,525[14]. - The largest shareholder, Jilin Province Jixiang Jiade Investment Co., Ltd., held 10.71% of the shares[14]. Research and Development - Research and development expenses for Q3 2018 were ¥170,539.61, slightly up from ¥165,375.62 in Q3 2017[34]. - Research and development expenses for the first nine months of 2018 were CNY 420,620.35, slightly up from CNY 397,753.32 in the previous year[39]. - The company has not disclosed any new product developments or market expansion strategies in this report[8]. Other Income and Expenses - Interest income decreased by 58.04% to ¥244,912.70 from ¥583,745.30 due to a reduction in bank deposits[16]. - The company reported an increase in other income by 65.80% to ¥56,123.75 compared to ¥33,850.08 in the previous year[17]. - The company incurred sales expenses of CNY 11,600,262.12 for the first nine months of 2018, a decrease of 11.9% compared to CNY 13,180,158.45 in the same period last year[39]. - The company reported investment income of CNY 15,300,000.00 for the first nine months of 2018, compared to CNY 8,160,000.00 in the same period last year[39]. Acquisition - The company is in the process of acquiring a 49% stake in Beijing Jiurun Source E-commerce Co., Ltd., with the transaction still pending as of October 29, 2018[19].