ZJDR(SH:600113)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 358,184,643.85, a 19.37% increase from the same period last year[8] - Net profit attributable to shareholders increased by 39.58% to CNY 118,799,576.35 compared to the previous year[8] - Basic and diluted earnings per share increased by 14.81% to CNY 0.31[9] - Total revenue for Q3 2019 reached ¥130,713,819.60, an increase of 14.5% compared to ¥114,296,291.78 in Q3 2018[30] - Net profit for the first three quarters of 2019 was ¥358,184,643.85, compared to ¥300,061,825.19 in the same period of 2018, indicating a growth of 19.4%[30] - The net profit for Q3 2019 reached CNY 3,960,590.40, compared to CNY 849,032.30 in Q3 2018, indicating a significant increase of about 366.5%[36] - The total profit for the first three quarters of 2019 was CNY 189,849,747.16, a substantial rise from CNY 15,006,023.41 in the same period of 2018, reflecting an increase of approximately 1,193.3%[36] Assets and Liabilities - Total assets increased by 66.73% to CNY 1,767,126,333 compared to the end of the previous year[8] - Total assets as of September 30, 2019, amounted to ¥1,482,002,861.18, significantly higher than ¥762,410,086.59 at the end of 2018[28] - Current liabilities decreased to ¥140,852,059.37 from ¥205,694,108.34, reflecting a reduction in short-term obligations[23] - Total liabilities increased from ¥320,694,108.34 to ¥377,571,160.42, reflecting an increase of ¥56,877,052.08[48] - Non-current assets increased by ¥227,508,208.30, from ¥762,410,086.59 to ¥989,918,294.89[51] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 94,176,588.77, up 35.22% year-on-year[8] - The net cash flow from operating activities for Q3 2019 was ¥98,876,427.74, a significant increase from ¥7,927,870.71 in Q3 2018[44] - Cash inflows from financing activities amounted to ¥438,317,615.90 in the first three quarters of 2019, a substantial increase from ¥100,000.00 in the same period of 2018[41] - The net cash flow from financing activities was ¥380,966,744.37 in 2019, contrasting with a negative cash flow of -¥57,778,753.41 in 2018[41] Shareholder Information - The number of shareholders reached 33,364 at the end of the reporting period[12] - Zhejiang Oriental Group holds 49.29% of the shares, making it the largest shareholder[13] - Shareholders' equity totaled ¥1,346,093,889.15 as of September 30, 2019, compared to ¥570,760,518.83 at the end of 2018, representing an increase of 135.2%[28] Investments - Long-term equity investments rose by 179.73% to ¥54,645,731.18 due to increased external investments[16] - Investment properties surged by 473.74% to ¥427,776,547.51 as a result of purchasing modern agricultural market assets[16] - The company raised net funds of ¥438 million through a rights issue, with ¥368 million allocated for purchasing assets related to the modern agricultural market[19] Expenses - Financial expenses decreased by 83.97% to ¥929,740.94, due to reduced loan interest payments[17] - The company reported a tax expense of CNY 1,486,982.54 for Q3 2019, compared to CNY 280,696.48 in Q3 2018, which is an increase of approximately 429.5%[36] - The company reported a significant increase in employee compensation payments, totaling ¥13,547,292.67 in Q3 2019 compared to ¥10,631,453.26 in Q3 2018[44] Future Outlook - The company expects no significant changes in cumulative net profit compared to the previous year[20] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]