SXN(SH:600661)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months increased by 21.13% to CNY 1,578,427,517.22 compared to the same period last year[10] - Net profit attributable to shareholders decreased by 19.75% to CNY 96,547,736.68 compared to the same period last year[10] - Basic earnings per share decreased by 19.75% to CNY 0.3369 compared to the same period last year[10] - The weighted average return on equity decreased by 3.99 percentage points to 6.07% compared to the same period last year[10] - The company reported a net profit of CNY 168,169,601.75 for the first nine months of 2018, compared to CNY 111,829,160.27 in the same period last year, representing a growth of about 50.16%[35] - Total operating revenue for Q3 was ¥615,496,352.76, an increase of 20.7% from ¥509,958,185.14 in the same period last year[36] - Net profit for Q3 was ¥48,322,070.05, a decrease of 33.5% compared to ¥72,834,253.28 in the previous year[37] - Total comprehensive income for Q3 was ¥46,328,611.57, down from ¥72,451,339.74 year-over-year, indicating a significant decline in overall profitability[38] Assets and Liabilities - Total assets increased by 9.05% to CNY 3,444,284,709.54 compared to the end of the previous year[9] - Total liabilities increased to CNY 1,740,937,489.82 from CNY 1,544,047,053.93, reflecting a growth of approximately 12.77%[30] - The company's total assets increased, with accounts receivable rising to RMB 106,860.98 million, up from RMB 64,847.23 million, representing a 64.79% increase[21] - Current assets rose to CNY 2,301,886,615.87, up from CNY 2,082,127,254.77, indicating an increase of about 10.55%[28] - Inventory increased to CNY 89,626,368.36 from CNY 76,127,523.77, reflecting a growth of approximately 17.73%[28] - The total current liabilities increased to CNY 1,714,082,784.60 from CNY 1,523,034,793.62, representing a growth of approximately 12.52%[29] Cash Flow - Net cash flow from operating activities increased by 10.94% to CNY 215,618,679.71 compared to the same period last year[10] - The net cash flow from operating activities was 215,618,679.71 RMB, compared to 194,362,985.58 RMB in the previous year[46] - Operating cash flow for the first nine months was 1,779,572,356.33 RMB, an increase from 1,501,651,985.33 RMB year-over-year[45] - The net cash flow from investing activities was -148,391,149.30 RMB, a decrease from -602,020,504.10 RMB year-over-year[46] - The net cash flow from financing activities was 33,661,871.79 RMB, compared to 488,979,896.38 RMB in the previous year[47] Shareholder Information - Total number of shareholders reached 13,230 at the end of the reporting period[14] - The top ten shareholders hold a combined 66.37% of the total shares[14] - The total shareholding of the controlling shareholder, Shanghai Jiao Tong University Industry Investment Management Group, reached 34,976,633 shares, accounting for 12.206% of the total share capital[16] - The company completed a share buyback plan, with Longjia Investment and its concerted parties holding 49,272,004 shares, representing 17.19% of the total share capital[18] Expenses and Investments - The company’s sales expenses for the period were RMB 39,638.30 million, a 35.05% increase compared to RMB 29,350.14 million in the same period last year[23] - Investment income decreased by 61.82% to RMB 2,650.62 million, down from RMB 6,942.07 million year-on-year[23] - The company’s development expenditure increased to RMB 2,253.22 million, a rise of 142.62% compared to the beginning of the year, attributed to increased R&D investment in educational training projects[22] - Research and development expenses for Q3 were ¥3,757,543.19, an increase from ¥3,162,649.45 in the previous year, reflecting a focus on innovation[37] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[39]