Financial Performance - Operating revenue decreased by 30.05% year-on-year in the third quarter, totaling CNY 106,492,358.80[7] - Net profit attributable to shareholders decreased by 36.37% year-on-year in the third quarter, amounting to CNY 15,748,187.89[7] - Basic earnings per share decreased by 52.38% to CNY 0.10 in the third quarter[7] - Total revenue for Q3 2018 was CNY 106,492,358.80, a decrease of 30.1% compared to CNY 152,244,881.32 in the same period last year[33] - Operating profit for the period was CNY 18,111,115.58, down 35.8% from CNY 28,247,252.68 year-over-year[34] - Net profit attributable to shareholders was CNY 15,748,187.89, a decline of 36.4% from CNY 24,750,208.61 in the previous year[34] - The company's total profit for Q3 2018 was ¥8,818,836.34, a decline of 51.0% compared to ¥18,005,223.03 in Q3 2017[35] - The total operating costs for Q3 2018 were ¥85,253,994.41, a reduction of 22.9% from ¥110,786,099.75 in the previous year[35] Asset and Equity Growth - Total assets increased by 31.94% to CNY 1,447,685,112.40 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 81.43% to CNY 1,129,771,605.08 compared to the end of the previous year[7] - The total assets increased to CNY 1,447,685,112.40 from CNY 1,097,237,634.33, reflecting growth in both current and non-current assets[26] - The company's equity increased significantly from CNY 622,690,147.71 to CNY 1,129,771,605.08, driven by the capital raised from the IPO[27] - Current assets rose to CNY 739,380,005.04, an increase of 33.7% compared to CNY 553,180,920.52 at the start of the year[30] Cash Flow and Financing Activities - Cash flow from operating activities decreased by 39.83% year-to-date, totaling CNY 40,636,410.57[7] - Cash received from borrowings decreased by 60.70% year-on-year, mainly due to a reduction in bank borrowings[17] - Cash paid for dividends, profits, or interest increased by 937.64% year-on-year, primarily due to the distribution of dividends for the 2017 fiscal year[17] - Operating cash inflow for the current period was CNY 449,120,087.78, an increase from CNY 439,983,727.45 in the previous period, representing a growth of approximately 0.3%[44] - Net cash flow from operating activities was CNY 40,636,410.57, down from CNY 67,537,186.47 in the previous period, indicating a decline of about 40%[46] - Cash inflow from financing activities was CNY 584,689,067.77, up from CNY 268,909,230.83 in the previous period, marking an increase of approximately 117%[46] - Net cash flow from financing activities improved to CNY 333,966,980.52 from -CNY 6,817,550.53 in the previous period[46] Investment Activities - The cash received from investment recovery was CNY 552 million, while cash paid for investments was CNY 840 million, reflecting the use of idle funds from the initial public offering for cash management[17] - The cash received from investment absorption increased by CNY 479,679,245.28 year-on-year, with the previous year being CNY 0, due to the funds raised from the initial public offering[17] - The company received CNY 479,679,245.28 from investment absorption, with no previous period data available for comparison[50] Financial Stability - The total liabilities decreased from CNY 474,547,486.62 to CNY 317,913,507.32, indicating improved financial stability[27] - The company's cash and cash equivalents decreased to CNY 59,463,123.59 from CNY 77,156,735.77, a decline of 22.8%[30] - The ending balance of cash and cash equivalents was CNY 81,098,849.91, up from CNY 45,661,574.59 in the previous period, reflecting an increase of about 77%[47] - Total cash outflow from operating activities was CNY 408,483,677.21, compared to CNY 372,446,540.98 in the previous period, representing an increase of approximately 10%[46] Research and Development - Research and development expenses were CNY 4,969,401.08, a decrease of 26.9% from CNY 6,796,621.15 year-over-year[33] - Research and development expenses decreased to ¥4,809,107.37, down 25% from ¥6,405,762.93 in the same quarter last year[35]
西菱动力(300733) - 2018 Q3 - 季度财报