GS(SH:601500)2019-10-29 16:00Financial Performance - Operating revenue decreased by 13.38% to CNY 2,609,668,023.09 for the period from January to September compared to the same period last year[18]. - Net profit attributable to shareholders decreased by 19.76% to CNY 93,905,341.56 for the period from January to September compared to the same period last year[18]. - Basic and diluted earnings per share decreased by 29.19% to CNY 0.114[20]. - Total revenue decreased by 13.38% to ¥2,609,668,023.09, attributed to strengthened international trade barriers and declining sales in the US, Europe, and domestic markets[34]. - Total operating revenue for Q3 2019 was approximately ¥893.13 million, a decrease of 18.7% compared to ¥1,098.09 million in Q3 2018[72]. - Net profit for Q3 2019 was approximately ¥35.38 million, down from ¥51.15 million in Q3 2018, representing a decline of 30.8%[75]. - The total comprehensive income for Q3 2019 was ¥46,114,637.37, compared to ¥47,020,175.03 in Q3 2018, showing a slight decline[63]. Assets and Liabilities - Total assets increased by 49.58% to CNY 6,621,169,852.17 compared to the end of the previous year[18]. - Total liabilities amounted to CNY 2,976,388,882.05, up 69.1% from CNY 1,758,875,719.24[49]. - Current assets totaled CNY 2,852,644,704.50, an increase of 31.3% from CNY 2,170,496,578.40 in the previous year[43]. - Total current liabilities were CNY 1,753,368,412.80 as of December 31, 2018[92]. - Total equity attributable to shareholders was CNY 2,667,604,951.22 as of December 31, 2018[94]. Cash Flow - Net cash flow from operating activities was negative at CNY -119,906,951.01 for the period from January to September, a decrease of 160.17% compared to the same period last year[18]. - Cash inflow from financing activities was 2,789,697,034.42 RMB, significantly higher than 380,000,000.00 RMB in the previous year[82]. - Cash flow from investing activities showed a net outflow of -1,491,740,527.61 RMB, compared to -287,676,825.19 RMB in the same period last year[82]. - Cash outflow from operating activities increased to 2,815,764,655.77 RMB, up from 2,704,523,131.90 RMB, indicating a rise of about 4.1%[80]. Shareholder Information - The total number of shareholders at the end of the reporting period was 44,877[27]. - Shareholders' equity rose to CNY 3,644,780,970.12, an increase of 36.5% from CNY 2,667,604,951.22[49]. Investments and Partnerships - Long-term equity investments surged by 13,814.61% to ¥412,000,058.00, mainly from increased investments in Hongdou Financial Company[31]. - The company invested ¥20,000,058.00 in Tianan Technology Co., Ltd. at a subscription price of ¥6.63 per share[38]. - The company established a partnership for investment management with several entities, completing the registration process[38]. Government Subsidies - Government subsidies recognized in the current period amounted to CNY 42,400.00, while total government subsidies from January to September were CNY 2,588,400.00[20]. Research and Development - Research and development expenses in Q3 2019 amounted to ¥24,382,921.80, a decrease of 30.5% compared to ¥35,061,072.00 in Q3 2018[59].