Kinwong(SH:603228)2019-10-25 16:00Financial Performance - Operating revenue for the first nine months was ¥4,534,589,541.10, reflecting a growth of 24.52% year-on-year[5] - Net profit attributable to shareholders of the listed company was ¥630,894,939.97, a slight increase of 0.35% compared to the same period last year[5] - Total revenue for Q3 2019 reached ¥1,682,747,604.41, a 23.1% increase from ¥1,366,722,999.14 in Q3 2018[20] - Operating profit for Q3 2019 was ¥218,705,093.57, compared to ¥285,914,803.89 in Q3 2018, reflecting a decrease of 23.5%[21] - Net profit for Q3 2019 was ¥182,226,677.68, down 23.3% from ¥237,564,798.72 in Q3 2018[21] - The company reported a total profit of ¥324,208,970.54 for Q3 2019, compared to ¥75,623,298.60 in Q3 2018, an increase of 328.5%[23] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,218,663,276.57, an increase of 7.15% compared to the previous year[5] - The company's total assets included trading financial assets of ¥540,000,000.00 as of September 30, 2019, reflecting adjustments under new financial instrument standards[10] - Total liabilities decreased to RMB 2,799,009,660.61 from RMB 3,263,336,483.88, a reduction of approximately 14.2%[15] - Total liabilities reached ¥2,378,500,062.80 in Q3 2019 from ¥2,365,103,416.67 in Q3 2018, showing a slight increase of 0.5%[19] - The company reported a total current liability of RMB 2,658,507,822.04, which is an increase from RMB 2,424,146,076.64, representing a growth of approximately 9.7%[15] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 25.50% to ¥5,199,358,144.63[5] - The total number of shareholders at the end of the reporting period was 19,930[8] - The top ten shareholders held a combined 85.15% of the shares, with the largest shareholder holding 35.33%[8] - The company's equity attributable to shareholders increased to RMB 5,199,358,144.63 from RMB 4,143,029,496.68, reflecting a growth of about 25.6%[15] Cash Flow - Net cash flow from operating activities increased by 33.58% to ¥755,229,255.83 for the first nine months[5] - Operating cash inflow for the first three quarters of 2019 reached CNY 4,712,223,627.63, an increase of 24.6% compared to CNY 3,779,811,957.73 in the same period of 2018[25] - Cash inflow from investment activities totaled CNY 5,888,292,568.67, a significant increase from CNY 199,731,366.41 in the previous year[26] - Cash flow from financing activities showed a net outflow of CNY -371,000,614.47, contrasting with a net inflow of CNY 720,472,413.87 in the previous year[26] Expenses - The operating costs increased by 33.66% to ¥3,289,325,398.92, up from ¥2,461,028,959.28, primarily due to intensified market competition[11] - The company’s management expenses increased by 59.01% to ¥231,349,002.04, up from ¥145,493,871.78, due to salary adjustments and increased intermediary service fees[11] - Research and development expenses for Q3 2019 were ¥79,250,480.07, an increase of 28.1% compared to ¥61,835,311.71 in Q3 2018[20] Other Financial Metrics - Basic earnings per share decreased by 30.52% to ¥1.07[5] - The weighted average return on equity decreased by 4.72 percentage points to 13.36%[5] - The company reported an investment income of ¥16,865,254.13, a significant increase of 2801.82% from ¥581,196.68, attributed to higher financial product returns[11] - The company reported a credit impairment loss of ¥13,072,004.20 in Q3 2019, compared to a loss of ¥1,300,432.90 in Q3 2018[21]