AGSW(SH:600199)2020-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 663,452,965.13, a decrease of 4.30% year-on-year [8]. - Net profit attributable to shareholders of the listed company was a loss of CNY 105,009,177.18, compared to a loss of CNY 71,606,728.81 in the same period last year [8]. - The weighted average return on net assets was -3.79%, a decrease of 0.76 percentage points compared to the previous year [11]. - The company did not report any significant changes in net profit expectations compared to the previous year [23]. Assets and Equity - Total assets at the end of the reporting period were CNY 3,622,073,682.09, a decrease of 0.60% compared to the end of the previous year [8]. - Net assets attributable to shareholders of the listed company were CNY 2,720,599,054.63, down 3.74% from the previous year [8]. Cash Flow - Cash flow from operating activities was a net outflow of CNY 143,822,067.59, an improvement from a net outflow of CNY 172,749,346.01 in the previous year [8]. - The net cash flow from financing activities decreased to -$7,079,655, compared to $565,010,910.89 in the previous period, reflecting a significant decline of 101.25% [21]. - Operating cash flow from activities increased due to a decrease in cash spent on materials and taxes compared to the previous year [22]. - The net cash flow from investment activities was affected by the purchase of financial products during the reporting period [22]. Research and Development - Research and development expenses decreased by 61.04% to CNY 5,289,705.29 compared to the same period last year [18]. - Research and development expenses decreased compared to the same period last year, indicating a reduction in investment in this area [22]. Income and Expenses - The company reported a significant increase in other income by 74.88% to CNY 13,607,571.07 compared to the previous year [18]. - Investment income rose by 158.67% to CNY 1,539,095.90 compared to the same period last year [18]. - The company experienced a 12.06% increase in operating costs, totaling CNY 480,029,332.81 compared to CNY 428,384,540.95 in the previous year [18]. - Financial income decreased due to a reduction in bank deposit interest income compared to the previous year [22]. - Other income increased due to a rise in government subsidies received during the reporting period [22]. - Investment income increased due to higher returns from financial products during the reporting period [22]. - The fair value change in investment income increased due to the appreciation of trading financial assets purchased during the reporting period [22]. - Credit impairment losses increased due to higher provisions for bad debts compared to the previous year [22].