QJSL(SH:600283)2019-10-29 16:00Financial Performance - Operating revenue for the first nine months rose by 9.06% to CNY 856,821,352.66 year-on-year[6] - Net profit attributable to shareholders decreased by 79.52% to CNY 18,416,247.43 compared to the same period last year[6] - Basic and diluted earnings per share fell by 80.00% to CNY 0.05[7] - The weighted average return on equity decreased by 3.80 percentage points to 1.01%[7] - Total operating revenue for Q3 2019 reached ¥307.55 million, an increase of 7.8% compared to ¥285.23 million in Q3 2018[28] - Net profit for Q3 2019 was ¥44.04 million, compared to ¥38.91 million in Q3 2018, representing a growth of 13.5%[29] - The total profit for Q3 2019 was ¥55.60 million, an increase from ¥47.64 million in Q3 2018, marking a rise of 16.5%[29] - The company’s investment income for Q3 2019 was reported at ¥14.10 million, down from ¥16.63 million in Q3 2018, indicating a decline of 15.2%[29] Cash Flow - Net cash flow from operating activities decreased by 20.28% to CNY 278,403,727.25 year-on-year[6] - Net cash flow from investing activities improved by 66.29% to -¥154,010,687.32 due to reduced investment in financial products[14] - Cash flow from operating activities for the first three quarters of 2019 was ¥993,070,066.21, an increase from ¥844,173,995.32 in the same period of 2018, showing a growth of 17.7%[35] - Net cash flow from operating activities decreased to CNY 278,403,727.25 in Q3 2019 from CNY 349,237,369.89 in Q3 2018, reflecting a decline of approximately 20.3%[36] - Cash inflow from financing activities totaled CNY 772,635,000.00 in Q3 2019, an increase from CNY 636,444,279.36 in Q3 2018, representing a growth of approximately 21.4%[36] Assets and Liabilities - Total assets increased by 2.32% to CNY 5,159,370,743.13 compared to the end of the previous year[6] - Total liabilities increased to CNY 2,847,983,656.03 from CNY 2,781,141,843.72, representing a growth of approximately 2.9% year-over-year[20] - Current liabilities decreased to CNY 1,519,565,755.94 from CNY 1,725,448,946.92, a reduction of about 11.9%[20] - Non-current liabilities rose to CNY 1,328,417,900.09 from CNY 1,055,692,896.80, indicating an increase of approximately 25.7%[20] - The company's total current assets decreased to CNY 331,675,753.42 from CNY 529,918,009.71, a decline of about 37.3%[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,211[11] - The largest shareholder, China Water Investment Co., Ltd., holds 33.55% of the shares[11] - The company reported a capital reserve of ¥1,161,605,754.04 and undistributed profits of ¥222,537,151.82[44] Government Support - The company received government subsidies totaling CNY 26,423,362.37 during the reporting period[8] - Deferred income tax assets rose by 88.94% to ¥30,192,225.60, mainly from government subsidies recognized by subsidiaries[13] Investment and Expenses - Investment income dropped by 186.63% to -¥37,675,865.67, attributed to decreased earnings from the equity method investment in Paradise Silicon Valley[14] - The company experienced a credit impairment loss of ¥4,000,798.17 in Q3 2019, which was not present in the previous year[32] - The company reported a decrease in tax expenses for Q3 2019, totaling ¥11.56 million compared to ¥8.72 million in Q3 2018[29] Comprehensive Income - The total comprehensive income for Q3 2019 was ¥44.04 million, up from ¥28.28 million in Q3 2018[30] - Total comprehensive income for Q3 2019 was ¥3,044,755.92, contrasting with a loss of ¥3,277,374.51 in Q3 2018[33]