FFEC(SH:600203)2019-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 69.01% to CNY 33,422,028.07 for the first nine months of the year[6]. - Operating revenue for the first nine months increased by 16.15% to CNY 8,514,332,779.51 compared to the same period last year[6]. - Basic earnings per share increased by 68.59% to CNY 0.0730[6]. - Net profit surged by 112.79% to approximately ¥44.37 million, primarily due to recognized gains from equity transfers[12]. - The company reported a net profit of ¥111,219,906.52 for the first nine months of 2019, compared to ¥29,251,674.38 in the same period last year, indicating a substantial increase[24]. - The net profit for the first three quarters of 2019 was approximately $44.37 million, compared to $20.85 million in the same period of 2018[26]. - The total comprehensive income for the period was CNY 48,427,232.01, an increase from a loss of CNY 19,844,299.41 in the same quarter last year[13]. - The total comprehensive income for the first three quarters of 2019 was ¥82,118,559.26, a recovery from a loss of ¥17,238,646.66 in the same period of 2018[31]. Cash Flow - Net cash flow from operating activities was CNY 251,970,033.35, a significant recovery from a negative cash flow of CNY -575,091,830.83 in the previous year[6]. - Operating cash inflow increased to CNY 10,410,398,313.62, up 40.73% from CNY 7,397,256,351.06 year-over-year[13]. - The net cash flow from operating activities for the first three quarters of 2019 was ¥251,970,033.35, a turnaround from a negative cash flow of -¥575,091,830.83 in the same period of 2018[32]. - The company reported a net cash outflow from financing activities of ¥152,239,486.34 in the first three quarters of 2019, compared to a net inflow of ¥278,071,650.68 in the same period of 2018[36]. - The cash and cash equivalents at the end of Q3 2019 stood at ¥106,729,367.56, up from ¥36,807,871.88 at the end of Q3 2018, reflecting improved liquidity[37]. Assets and Liabilities - Total assets increased by 4.89% to CNY 8,008,896,759.03 compared to the end of the previous year[6]. - The company’s total liabilities reached ¥5,854,829,786.89, an increase from ¥5,528,596,500.81, which is approximately 5.9% higher[19]. - Current liabilities totaled ¥5,685,985,809.41, an increase from ¥5,369,498,714.82, reflecting a rise of about 5.8%[19]. - Non-current liabilities amounted to ¥168,843,977.48, compared to ¥159,097,785.99, indicating an increase of approximately 6.5%[19]. - The company’s total equity attributable to shareholders reached ¥2,087,679,567.04, up from ¥2,052,298,145.24, marking a growth of about 1.7%[19]. Investments and Expenses - Research and development expenses increased by 33.77% to approximately ¥267.53 million, attributed to higher R&D spending by Zhongnuo Communications[12]. - The company reported a 72.77% increase in selling expenses, totaling approximately ¥147.28 million, driven by business growth at Zhongnuo Communications[12]. - The company recorded a tax expense of -¥1,671,993.10 in Q3 2019, compared to -¥6,072,098.14 in Q3 2018, indicating a decrease in tax liabilities[30]. - The total investment income for the first three quarters of 2019 was ¥113,340,566.87, a significant increase from ¥50,264,236.27 in the same period of 2018, representing a growth of approximately 125.5%[30]. Shareholder Information - The total number of shareholders reached 29,667 by the end of the reporting period[9]. - The largest shareholder, Fujian Furi Group Co., Ltd., holds 20.65% of the shares[9].