XZB(SH:603040)2019-10-24 16:00Financial Performance - Operating revenue for the first nine months reached CNY 237,327,392.25, an increase of 8.15% year-on-year[7] - Net profit attributable to shareholders increased by 10.29% to CNY 87,087,337.13 for the first nine months[7] - Basic earnings per share rose by 9.90% to CNY 1.11[8] - Total operating revenue for Q3 2019 was CNY 81,658,617.43, an increase of 8.4% compared to CNY 75,137,938.90 in Q3 2018[21] - Net profit for Q3 2019 reached CNY 31,734,359.76, up 11.5% from CNY 28,558,413.84 in Q3 2018[22] - Total revenue for the first three quarters of 2019 reached ¥233,245,644.13, an increase from ¥223,547,136.26 in the same period of 2018, reflecting a growth of approximately 3.8%[30] - Net profit for the first three quarters of 2019 was ¥99,985,418.18, up from ¥83,445,677.61 in the same period of 2018, indicating a growth of approximately 19.9%[27] Assets and Liabilities - Total assets increased by 7.67% to CNY 834,035,364.68 compared to the end of the previous year[7] - Total assets increased to ¥834,035,364.68 from ¥774,630,623.30, reflecting overall growth in the company's financial position[15] - Total liabilities decreased to ¥60,912,966.66 from ¥75,441,496.48, reflecting a reduction of about 19.3%[20] - Owner's equity increased to ¥775,703,289.02 from ¥692,755,152.34, marking an increase of approximately 11.9%[20] - Total current liabilities were approximately 65.49 million, with accounts payable at 18.21 million and other payables at 23.85 million[42] - Total liabilities amounted to approximately 75.44 million, reflecting a manageable debt level[43] Cash Flow - Net cash flow from operating activities for the first nine months was CNY 81,320,183.68, up 10.74% year-on-year[7] - Cash flow from operating activities for the first three quarters of 2019 was ¥81,320,183.68, an increase from ¥73,431,900.57 in the same period of 2018, showing a growth of about 10.5%[31] - The company reported a net cash outflow from investing activities of ¥196,896,026.90 for the first three quarters of 2019, compared to a smaller outflow of ¥67,720,712.34 in the same period of 2018[31] - Cash and cash equivalents decreased by 64.92% to ¥78,077,008.61 from ¥222,597,551.78 due to the purchase of bank wealth management products[11] - Cash and cash equivalents at the end of Q3 2019 totaled CNY 57,058,078.49, compared to CNY 49,956,042.20 at the end of Q3 2018[35] Shareholder Information - The total number of shareholders reached 6,453 by the end of the reporting period[9] - The largest shareholder, Hangzhou Zuofeng Investment Management Co., Ltd., holds 51.52% of the shares[9] Government and Other Income - Government subsidies recognized in the first nine months amounted to CNY 3,587,219.14[9] - Other income increased by 63.44% to ¥3,587,219.14 from ¥2,194,789.12, primarily due to an increase in government subsidies related to daily operations[12] Future Outlook - The company is focusing on expanding its market presence and developing new products to drive future growth[44] - The company plans to enhance its investment in research and development to innovate and improve product offerings[44] - Future guidance indicates a positive outlook with expectations for revenue growth driven by new market strategies and product launches[44] - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its operational capabilities[44]