BIRD(SH:600130)2019-10-30 16:00Financial Performance - Net profit attributable to shareholders was ¥13,928,242.58, representing a 60.22% decrease year-on-year[7]. - Operating revenue for the first nine months was ¥406,002,796.03, a slight decline of 0.10% compared to the same period last year[7]. - The company reported a net loss attributable to shareholders of ¥6,905,782.24 after deducting non-recurring gains and losses, a significant decline of 176.97% year-on-year[7]. - The company expects a net profit attributable to shareholders for 2019 to potentially be a loss, primarily due to declining sales and reduced gross margins[15]. - The company anticipates a significant change in cumulative net profit compared to the previous year, indicating potential losses[17]. Cash Flow - The net cash flow from operating activities was ¥24,997,497.97, down 75.28% from ¥101,123,252.73 in the previous year[7]. - The net cash flow from operating activities dropped by 75.28% to ¥24,997,497.97 from ¥101,123,252.73, mainly due to a decrease in tax refunds received[14]. - The net cash flow from operating activities was -¥164,318,923.40, a significant decrease compared to ¥168,815,686.54 in the same period last year, indicating a decline of approximately 197%[35]. - The net cash flow from investment activities was ¥52,487,841.00, a recovery from a negative cash flow of -¥167,070,871.48 in the previous year[35]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,053,672,781.97, a 0.51% increase compared to the end of the previous year[7]. - The total liabilities decreased to ¥164,203,520.14 from ¥172,686,012.96, reflecting a reduction of approximately 5%[20]. - The total assets as of September 30, 2019, amounted to ¥1,053,672,781.97, slightly up from ¥1,048,344,423.98 at the end of 2018[20]. - The total liabilities were recorded at ¥172,686,012.96, unchanged from the previous period[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 79,051[11]. - The largest shareholder, Waveguide Technology Group Co., Ltd., held 125,946,400 shares, accounting for 16.40% of total shares[11]. Earnings and Expenses - Basic and diluted earnings per share were both ¥0.02, a decrease of 60.00% compared to the previous year[8]. - Research and development expenses decreased by 36.46% to ¥11,446,612.03 from ¥18,015,176.41, attributed to reduced R&D investments[14]. - The company reported a significant decrease in other income by 89.08% to ¥908,433.23 from ¥8,318,074.13, primarily due to reduced government subsidies[14]. Investment and Financial Instruments - Trading financial assets amounted to ¥397,000,000.00, reflecting adjustments from the new financial instruments standard effective January 1, 2019[14]. - The company has adopted new financial instrument standards, which may impact future financial reporting and asset classification[36][40]. - The adjustment of financial instruments under the new standards resulted in the reclassification of certain assets, enhancing transparency in financial reporting[45]. Comprehensive Income - The company's total comprehensive income for Q3 2019 was CNY 9,023,686.09, compared to CNY 3,365,254.40 in Q3 2018, marking an increase of 168.5%[28]. - The total comprehensive income for Q3 2019 was CNY 7,924,539.93, compared to CNY 5,676,489.25 in Q3 2018, indicating a 39.7% increase[30].