King's Luck(SH:603369)2018-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 32.19% to CNY 1,028,951,330.67 for the first nine months of the year[6]. - Operating revenue for the first nine months reached CNY 3,158,786,047.46, marking a 32.01% increase year-on-year[6]. - Basic earnings per share increased by 32.18% to CNY 0.8202[7]. - Total profit for the first nine months of 2018 was CNY 1,370,545,737.03, compared to CNY 1,037,019,510.09 in the same period last year[25]. - Net profit for the period was ¥1,029,225,752.40, reflecting a 32.16% increase from ¥778,748,758.48 year-on-year, primarily due to business growth[11]. - Net profit for Q3 2018 was CNY 172,876,656.61, up from CNY 127,594,320.29 in Q3 2017, indicating a growth of approximately 35.5%[25]. - The company reported a total comprehensive income of CNY 173,064,156.61 for Q3 2018, compared to CNY 123,881,820.29 in Q3 2017[26]. - The company reported a total comprehensive income of CNY 955,924,754.63 for the third quarter, a significant improvement from a loss of CNY 18,385,301.49 in the same period last year[29]. Assets and Liabilities - Total assets increased by 7.16% to CNY 7,740,189,279.10 compared to the end of the previous year[6]. - The total assets of the company as of September 30, 2018, were ¥7,740,189,279.10, up from ¥7,223,229,799.53 at the beginning of the year[16]. - Total liabilities decreased to ¥1,858,293,449.71 from ¥2,029,808,269.21, showing a reduction of about 8.4%[21]. - The total equity attributable to shareholders rose to ¥5,084,173,806.82 from ¥4,441,874,052.19, marking an increase of approximately 14.5%[21]. - The total non-current assets increased to ¥2,986,580,288.26 from ¥2,050,428,624.62, indicating a significant growth of about 45.5%[20]. Cash Flow - Net cash flow from operating activities for the first nine months was CNY 790,580,723.75, up 14.93% from the previous year[6]. - Cash inflow from operating activities totaled ¥3,477,313,830.60, a 31.06% increase from ¥2,653,244,700.60, driven by higher cash receipts from business growth[12]. - Cash flow from operating activities for the first nine months was CNY 790,580,723.75, up from CNY 687,869,138.73, showing a growth of about 14.9%[32]. - The cash and cash equivalents at the end of the reporting period stood at CNY 1,096,092,770.54, down from CNY 1,268,345,127.92 at the end of the previous year[33]. - The ending balance of cash and cash equivalents stood at ¥722,142,039.81, down from ¥932,438,363.63 year-over-year, reflecting a decrease of about 22.5%[36]. Shareholder Information - The total number of shareholders reached 31,709 by the end of the reporting period[9]. - The largest shareholder, Jinshiyuan Group Co., Ltd., holds 561,049,038 shares, accounting for 44.72% of total shares[10]. Investment and Expenses - Investment cash outflows amounted to ¥2,635,736,984.74, a 32.77% increase from ¥1,985,129,209.67, primarily due to increased financial investments[12]. - Research and development expenses for Q3 2018 amounted to CNY 1,060,256.47, up from CNY 437,966.84 in Q3 2017, showing a significant increase in investment in innovation[27]. - Tax expenses increased by 81.32% to ¥482,409,796.31 from ¥266,057,710.29, mainly due to business growth and changes in tax policies[11]. - The company incurred financial expenses of CNY -23,033,734.61 for the first nine months, a decrease from CNY -13,231,071.75 in the same period last year[28]. Future Plans - The company plans to continue expanding its market presence and invest in new product development[6]. - The company plans to continue focusing on product innovation and market expansion in the upcoming quarters[27].