JINYU(SH:600201)2019-10-18 16:00Financial Performance - Operating revenue for the period was CNY 847,846,832.74, representing a decline of 40.79% year-on-year [17]. - Net profit attributable to shareholders was CNY 248,444,290.09, down 63.52% from the same period last year [17]. - Basic earnings per share decreased by 63.93% to CNY 0.22 [17]. - Total operating revenue for Q3 2019 was CNY 336,606,981.07, a decrease from CNY 670,672,880.09 in the same period of 2018, representing a decline of approximately 49.9% [59]. - Net profit for Q3 2019 was CNY 85,686,342.61, compared to CNY 323,091,070.34 in Q3 2018, indicating a decline of approximately 73.5% [63]. - The company reported a total comprehensive income of CNY 85,852,201.51 for Q3 2019, compared to CNY 323,091,070.34 in Q3 2018, a decrease of about 73.5% [66]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,608,542,904.40, a decrease of 11.16% compared to the end of the previous year [17]. - Total current assets decreased from RMB 3.71 billion to RMB 2.81 billion, a reduction of approximately 24.4% [42]. - Non-current assets increased to ¥2,795,713,031.05 from ¥2,600,578,481.05, representing a growth of approximately 7.5% [46]. - Total liabilities decreased to ¥617,684,594.55 from ¥1,090,647,075.15, a decline of about 43.4% [48]. - Current liabilities decreased significantly from ¥942,093,636.90 to ¥412,513,303.18, a reduction of approximately 56.2% [46]. - Total liabilities reached ¥1,090,647,075.15, remaining unchanged from the previous period [91]. Cash Flow - Net cash flow from operating activities was CNY 125,391,321.62, a decrease of 36.95% compared to the previous year [17]. - Cash paid for taxes decreased by RMB 64.42 million, a reduction of 37.22%, primarily due to a decrease in corporate income tax payments [38]. - The net cash flow from financing activities was -¥717,398,631.26, compared to -¥504,120,176.41 in the previous period, indicating a significant increase in cash outflows [81]. - The total cash inflow from investment activities for the first three quarters of 2019 was CNY 1,528,665,904.04, slightly down from CNY 1,532,708,453.75 in the same period of 2018 [79]. - The cash outflow for operating activities was ¥588,103,703.17, compared to ¥663,246,290.40 in the previous year, showing a reduction in cash expenses [82]. Shareholder Information - The total number of shareholders at the end of the reporting period was 38,335 [21]. - The top ten shareholders held a total of 12.14% and 10.86% of shares respectively [21]. - Shareholders' equity decreased to ¥4,990,858,309.85 from ¥5,222,566,223.93, a reduction of approximately 4.4% [48]. Research and Development - Development expenditures increased by RMB 56.64 million, an increase of 49.19%, due to increased capitalized R&D investments [29]. - Research and development expenses for Q3 2019 were CNY 19,039,763.74, significantly lower than CNY 45,551,452.89 in Q3 2018, a reduction of approximately 58.2% [63]. - The company has not disclosed any new product developments or market expansion strategies in this report [17]. Other Financial Metrics - The weighted average return on equity was 4.98%, a decrease of 9.24 percentage points year-on-year [17]. - Non-recurring gains and losses for the period amounted to CNY 2,541,524.16 [21]. - Cash and cash equivalents decreased by RMB 733.31 million, a reduction of 42.43%, primarily due to the distribution of cash dividends and stock repurchase payments [26].