ZJJH(SH:600160)2019-10-24 16:00Financial Performance - Net profit attributable to shareholders was ¥890,771,275.18, representing a decrease of 46.32% year-on-year[5]. - Operating revenue for the first nine months was ¥11,310,943,027.81, down 5.80% from the same period last year[5]. - Basic earnings per share decreased by 46.45% to ¥0.324[6]. - The weighted average return on net assets fell by 7.24 percentage points to 6.96%[6]. - The company reported a net profit excluding non-recurring gains and losses of ¥676,480,712.33, down 54.74% year-on-year[6]. - Total operating revenue for Q3 2019 was CNY 3,731,236,319.41, a decrease of 4.3% compared to CNY 3,899,832,313.91 in Q3 2018[22]. - Net profit for Q3 2019 was CNY 188,858,706.23, down from CNY 601,401,008.36 in Q3 2018, representing a decline of 68.7%[23]. - The total profit for Q3 2019 was CNY 217,047,532.87, down from CNY 736,249,671.76 in Q3 2018, a decrease of 70.5%[23]. - The company's total comprehensive income for Q3 2019 was ¥-2,584,109.37, compared to ¥129,301,628.25 in the same period last year[28]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥15,761,620,952.34, an increase of 3.24% compared to the end of the previous year[5]. - Total non-current assets reached ¥8,300,588,643.77, an increase of 8.01% from ¥7,685,225,261.41[17]. - Total liabilities increased to ¥2,458,343,024.21 from ¥2,381,747,798.42, marking a rise of 3.22%[18]. - The company's equity attributable to shareholders rose to ¥12,985,444,066.76, up from ¥12,585,018,800.78, indicating an increase of 3.18%[18]. - Total current liabilities include accounts payable of approximately $202.29 million and other payables of approximately $939.20 million[40]. Cash Flow - Net cash flow from operating activities was ¥1,261,203,270.05, a decline of 44.91% compared to the previous year[5]. - Cash received from operating activities rose by 162.63% to ¥245,684,138.13, reflecting the receipt of burning subsidies[13]. - The net cash flow from operating activities for the first three quarters of 2019 was CNY 1,261,203,270.05, down 44.1% from CNY 2,289,402,460.18 in 2018[30]. - The cash inflow from financing activities totaled CNY 113,681,728.95 in 2019, down from CNY 382,212,398.71 in 2018[31]. - The net cash flow from financing activities was -753,206,651.57 in 2019, compared to -405,596,485.80 in 2018, indicating increased cash outflows[31]. Shareholder Information - The total number of shareholders at the end of the reporting period was 78,547[9]. - The largest shareholder, Juhua Group Co., Ltd., held 1,060,943,317 shares, accounting for 38.65% of the total shares[9]. Government Subsidies and Other Income - The company received government subsidies related to normal operations amounting to ¥202,915,531.53 during the reporting period[7]. - The company reported a 1068.36% increase in other income to ¥185,828,117.80, primarily from increased government subsidies[12]. - Deferred income increased by 38.48% to ¥263,882,772.48 due to government grants received[12]. Investment and Capital Expenditure - Cash paid for the purchase of fixed assets increased by 92.31% to ¥946,563,996.41, indicating higher capital investment[13]. - The company has a long-term investment in equity amounting to RMB 1,069,221,321.21[35]. - The company holds long-term equity investments valued at approximately $5.49 billion[39]. Research and Development - Research and development expenses for Q3 2019 were CNY 92,861,992.18, significantly higher than CNY 29,379,091.87 in Q3 2018, an increase of 215.5%[22]. - Research and development expenses for Q3 2019 were ¥22,698,145.69, compared to a negative expense of ¥40,357,925.44 in Q3 2018, reflecting increased investment in R&D[26].