CCTC(SZ:300408)2019-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 634,641,655.98, down 40.09% year-on-year[5] - Net profit attributable to shareholders of the listed company decreased by 47.76% to CNY 198,524,012.86[5] - Basic earnings per share were CNY 0.11, a decrease of 50.00% compared to the same period last year[5] - The company's total profit for the period was CNY 793,991,153.48, a decrease of 29.0% from CNY 1,118,318,927.54 in the previous period[30] - Total operating revenue for the current period is ¥634,641,655.98, a decrease of 40% compared to ¥1,059,308,935.68 in the previous period[23] - Net profit for the current period is ¥199,357,582.65, a decline of 47.5% from ¥380,855,891.05 in the previous period[24] - Total profit for the third quarter was CNY 730,355,023.03, down from CNY 1,048,070,756.63 year-over-year[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,296,247,783.90, a decrease of 2.25% compared to the end of the previous year[5] - Total liabilities decreased from CNY 1,464,129,307.48 to CNY 994,897,189.86, a reduction of approximately 32%[17] - Current liabilities decreased from CNY 1,071,526,692.71 to CNY 443,056,626.79, a decrease of about 59%[17] - Non-current liabilities increased from CNY 392,602,614.77 to CNY 551,840,563.07, an increase of approximately 40%[17] - The total assets increased from CNY 7,652,399,013.03 to CNY 7,728,814,703.40, reflecting a growth of about 1%[20] - The total liabilities were reported at CNY 1,071,526,692.71 for current liabilities, indicating a stable financial position[44] Cash Flow - The company reported a net cash flow from operating activities of CNY 1,500,985,364.22, an increase of 67.62%[5] - Net cash flow from operating activities increased by 67.62% year-on-year, mainly due to a significant reduction in cash paid for goods and services as sales revenue decreased[12] - Cash and cash equivalents increased by 32.13% compared to the end of the previous year, primarily due to an increase in bank deposits[11] - The net cash flow from operating activities for Q3 2019 was CNY 1,401,783,667.53, a significant increase compared to CNY 638,482,284.90 in Q3 2018, reflecting a growth of approximately 119.5%[39] - Total cash inflow from investment activities reached CNY 6,139,270,879.35, up from CNY 3,913,393,510.05 in the previous year, indicating an increase of about 56.8%[39] Shareholder Information - The top shareholder, Chaozhou Sanjiang Investment Co., Ltd., holds 37.02% of the shares[7] - The total number of ordinary shareholders at the end of the reporting period was 23,381[7] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[8] Income and Expenses - Other income increased by 135.92% year-on-year, primarily due to a significant increase in government subsidies received[11] - Income tax expenses decreased by 32.07% year-on-year, corresponding to a reduction in profits[11] - The company’s tax expenses were CNY 124,523,738.97, compared to CNY 183,299,033.13 in the previous period, indicating a reduction in tax burden[30] - The company reported a financial expense of ¥6,684,819.35, significantly higher than ¥1,626,293.38 in the previous period[23] Investments and R&D - Research and development expenses increased to ¥43,666,798.74, up 19.5% from ¥36,458,568.32 in the previous period[23] - Research and development expenses increased to CNY 128,968,352.64, up from CNY 122,544,830.12 in the previous period, reflecting a focus on innovation[29] Equity - Net assets attributable to shareholders of the listed company increased by 4.43% to CNY 7,301,350,594.04[5] - Total equity increased from CNY 7,022,850,106.73 to CNY 7,301,350,594.04, reflecting a growth of about 4%[18] - The company’s total equity attributable to shareholders was ¥6,991,943,237.21, with retained earnings of ¥4,311,313,546.61[45]