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中顺洁柔(002511) - 2018 Q3 - 季度财报
C&SC&S(SZ:002511)2018-10-28 16:00

Financial Performance - Operating revenue for the reporting period was CNY 1,494,921,667.72, an increase of 21.65% year-on-year [7]. - Net profit attributable to shareholders was CNY 113,023,902.73, reflecting a growth of 25.31% compared to the same period last year [7]. - Basic earnings per share for the reporting period were CNY 0.0896, an increase of 25.31% year-on-year [7]. - Total operating revenue for Q3 2018 reached CNY 1,494,921,667.72, an increase of 21.7% compared to CNY 1,228,917,357.65 in the same period last year [40]. - Net profit for Q3 2018 was CNY 113,023,902.73, representing a 25.3% increase from CNY 90,193,586.11 in Q3 2017 [41]. - Total operating revenue for the period reached CNY 4,080,983,764.87, an increase of 21.7% compared to CNY 3,352,133,786.61 in the previous period [47]. - Net profit for the period was CNY 312,809,121.22, up 26.8% from CNY 246,604,038.59 in the same period last year [49]. - Basic earnings per share rose to CNY 0.2480, compared to CNY 0.1955 in the same period last year, marking a 26.9% increase [50]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,364,024,472.72, a decrease of 7.39% compared to the end of the previous year [7]. - Cash and cash equivalents decreased by 530,856,947.89 CNY, a decline of 48.89%, primarily due to the repayment of 830 million CNY in bonds [16]. - Inventory increased by 439,076,427.59 CNY, a growth of 80.28%, attributed to the expansion of operational scale and increased raw material and finished goods inventory [16]. - Short-term borrowings rose by 232,958,115.51 CNY, an increase of 44.94%, due to the need for additional bank loans for production operations [17]. - Total liabilities decreased to CNY 2,067,227,578.70 from CNY 2,747,903,494.32, a reduction of approximately 24.7% [34]. - The company's equity attributable to shareholders rose to CNY 3,296,796,894.02 from CNY 3,043,943,947.21, an increase of about 8.3% [34]. - Total current liabilities decreased to CNY 1,785,518,523.56 from CNY 2,572,392,585.74, a decline of approximately 30.7% [34]. Cash Flow - The net cash flow from operating activities was CNY 262,521,982.24, down 18.07% from the previous year [7]. - Net cash flow from operating activities decreased by 408,257,964.25 CNY, a decline of 111.49%, mainly due to increased payments for materials [20]. - The net cash flow from operating activities for Q3 2018 was negative CNY 42,066,807.98, compared to a positive CNY 366,191,156.27 in the same period last year [57]. - The total cash outflow from operating activities was 1,402,159,705.90 CNY, compared to 1,865,502,591.53 CNY in the previous year, showing a reduction of approximately 25% [61]. - The cash received from investment income was 10,390,454.04 CNY, a significant increase from 966,331.33 CNY in the previous year, representing an increase of approximately 975% [61]. Shareholder Information - The company reported a total of 19,908 common shareholders at the end of the reporting period [11]. - Guangdong Zhongshun Paper Group Co., Ltd. held 29.20% of the shares, making it the largest shareholder [11]. - There were no significant changes in the top ten shareholders' holdings during the reporting period [13]. Government Support and Investments - The company received government subsidies amounting to CNY 26,606,830.71 during the reporting period [8]. - Investment income increased by 9,483,312.71 CNY, a rise of 991.16%, mainly due to higher returns from financial investments [18]. - The company reported an investment income of CNY 10,440,105.00, significantly higher than CNY 956,792.29 in the previous year [49]. Research and Development - Research and development expenses for Q3 2018 were CNY 23,094,274.27, slightly down from CNY 23,399,233.62 in the previous year [40]. - Research and development expenses increased to CNY 81,953,658.21, up 39.2% from CNY 58,839,851.82 in the previous period [47].