ZBOM(SH:603801)2019-10-29 16:00Financial Performance - Operating revenue for the period from January to September reached CNY 1,957,971,383.42, representing a year-on-year increase of 12.92%[18] - Net profit attributable to shareholders for the same period was CNY 232,958,531.07, reflecting a growth of 14.49% compared to the previous year[18] - The weighted average return on net assets increased by 0.85 percentage points to 12.49%[21] - Basic and diluted earnings per share decreased by 16.93% to CNY 1.0564[21] - Net profit for the first three quarters of 2019 reached CNY 218.88 million, compared to CNY 180.81 million in 2018, indicating a year-over-year increase of approximately 21%[68] - The total operating profit for the first three quarters of 2019 was approximately CNY 252.14 million, an increase from CNY 204.89 million in the same period of 2018, representing a growth of about 23%[63] - Total comprehensive income for the first three quarters of 2019 was CNY 108.83 million, compared to CNY 95.42 million in 2018, marking an increase of approximately 14%[68] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 201,378,083.73, an increase of 8.67% year-on-year[18] - The cash flow from operating activities for the first three quarters of 2019 was CNY 201.38 million, up from CNY 185.31 million in the previous year, reflecting a growth of about 8%[68] - The cash inflow from investment activities was CNY 2.07 billion, while cash outflow was CNY 1.96 billion, resulting in a net cash flow from investment activities of CNY 108.47 million[71] - The company reported a decrease in cash flow from financing activities, with a net cash outflow of CNY 256.64 million compared to a net outflow of CNY 95.94 million in the previous year[71] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,784,569,538.76, showing a slight decrease of 0.00% compared to the end of the previous year[18] - Total liabilities increased to ¥950,067,663.40 from ¥912,276,578.31, reflecting a growth of approximately 4.2%[41] - Total owner's equity decreased to ¥1,834,501,875.36 from ¥1,872,299,845.68, a decline of about 2%[41] - Current assets totaled ¥1,501,420,521.84, down from ¥1,619,302,804.11, indicating a decrease of approximately 7.3%[45] - Total equity attributable to shareholders reached ¥1,872,299,845.68, with retained earnings of ¥695,854,779.24[79] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,741[22] - The largest shareholder, Sun Zhiyong, holds 20.8% of the shares, amounting to 46,460,841 shares, which are pledged[22] Inventory and Receivables - Accounts receivable increased by 39.82% to ¥194,258,341.28 due to growth in bulk and overseas business[28] - Inventory rose by 50.25% to ¥231,857,322.69 driven by increased procurement of raw materials and bulk orders[28] - Other receivables increased by 31.00% to ¥12,552,414.16 due to an increase in sales activity reserves[28] Expenses - Sales expenses increased by 24.42% to ¥304,476,675.46 primarily due to business expansion and increased advertising costs[28] - Research and development expenses for Q3 2019 were approximately ¥33.7 million, an increase from ¥29.8 million in Q3 2018, indicating a rise of 12.3%[60] - The company’s operating expenses increased to CNY 1.85 billion from CNY 1.91 billion year-over-year, indicating a reduction in operational costs[68] Government Subsidies - The company received government subsidies amounting to CNY 19,184,513.54 during the first nine months[19] - Other income surged by 575.42% to ¥19,184,513.54 mainly from increased government subsidies[28]