SHSTC(SH:600620)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 37,417,393.48, a decline of 5.53% year-on-year[6] - Net profit attributable to shareholders decreased by 5.09% to CNY 60,629,784.81 for the same period[6] - Basic and diluted earnings per share were CNY 0.0883, down 5.05% from the previous year[7] - The weighted average return on net assets increased by 0.10 percentage points to 2.55%[6] - The company reported a non-recurring gain of CNY 676,556.33 for the first nine months[9] - Total operating revenue for Q3 2018 was 12,359,165.12, a decrease of 17.8% from 15,005,336.49 in Q3 2017[27] - Net profit for Q3 2018 was -775,046.53, compared to a profit of 1,387,216.66 in Q3 2017, indicating a significant decline[29] - The company reported a total profit of 228,264.62 for Q3 2018, down 85.3% from 1,553,604.30 in Q3 2017[29] - The basic earnings per share for Q3 2018 was 0.0005, a decrease from 0.0027 in Q3 2017[29] - The net profit for the period was ¥1,878,931.69, an increase from ¥1,257,487.32 in Q3 2017, indicating a year-over-year growth of approximately 49.3%[32] - The total comprehensive income for the period was -¥26,152,295.69, compared to -¥62,986,692.99 in the same period last year, showing an improvement[32] Cash Flow and Liquidity - The net cash flow from operating activities improved to CNY -6,348,858.14, compared to CNY -24,063,781.11 in the same period last year[6] - The net cash flow from investing activities was RMB 224,876,864.52, an increase of RMB 302,255,217.15 compared to the previous year, due to higher cash recovery from financial investments[15] - The company reported a significant increase in cash flow from investment activities, indicating improved liquidity management[15] - Cash flow from operating activities resulted in a net outflow of -¥6,348,858.14, an improvement from -¥24,063,781.11 in the previous year[34] - Cash flow from investing activities generated a net inflow of ¥224,876,864.52, compared to a net outflow of -¥77,378,352.63 in the same period last year[35] - The cash and cash equivalents at the end of the period amounted to ¥458,689,250.18, up from ¥314,330,909.51 at the end of the previous year[35] - The net increase in cash and cash equivalents for the period was 187,066,260.52 RMB, a recovery from a decrease of -121,159,002.05 RMB in the same period last year[38] Assets and Liabilities - Total assets decreased by 6.49% to CNY 2,773,127,643.54 compared to the end of the previous year[6] - The total number of shareholders reached 23,769 by the end of the reporting period[10] - The company's cash and cash equivalents increased by 75.91% year-on-year, reaching RMB 458,689,250.18, primarily due to the recovery of entrusted investment funds[13] - The financial assets measured at fair value decreased by 99.02%, totaling RMB 785,901.97, mainly due to the recovery of RMB 80 million in government bond reverse repurchase[14] - The company's payable to employees decreased by 48.12% to RMB 1,701,839.51, as the company paid out bonuses for the previous year[14] - Other payables increased by 53.30% to RMB 53,609,068.52, mainly due to receiving a capital reduction payment from Jingjia Chuangye[15] - The undistributed profits increased by 33.33% to RMB 160,145,924.06, attributed to the increase in current period profits[15] - Asset impairment losses amounted to RMB 3,016,575.71, a significant increase compared to the previous year, due to impairment provisions for equity investments[15] - The total assets decreased from CNY 2,965,530,660.72 at the beginning of the year to CNY 2,773,127,643.54 by the end of the period, representing a decline of approximately 6.5%[19] - Current assets increased from CNY 552,516,995.38 to CNY 620,378,399.74, reflecting a growth of about 12.3%[19] - Non-current assets decreased from CNY 2,413,013,665.34 to CNY 2,152,749,243.80, a decline of around 10.8%[20] - Total liabilities decreased from CNY 561,825,538.04 to CNY 516,042,506.20, a reduction of about 8.2%[21] - The company's equity attributable to shareholders decreased from CNY 2,452,133,953.33 to CNY 2,306,906,479.12, a decline of approximately 5.9%[21] - The total current liabilities increased from CNY 55,455,749.98 to CNY 71,425,033.35, an increase of about 28.8%[20] - Deferred tax liabilities decreased from CNY 506,369,788.06 to CNY 444,617,472.85, a reduction of approximately 12.2%[21] - The company's retained earnings increased from CNY 120,116,452.64 to CNY 160,145,924.06, reflecting a growth of about 33.3%[21] - The total non-current liabilities decreased from CNY 506,369,788.06 to CNY 444,617,472.85, a decline of around 12.2%[21] Management and Strategy - The company plans to continue focusing on operational efficiency and exploring new market opportunities[5] - The report indicates that the company is actively managing its financial assets and liabilities to enhance overall financial health[15]