TDG(SH:600330)2019-10-15 16:00Financial Performance - Net profit attributable to shareholders decreased by 37.11% to CNY 146,704,870.73 year-on-year[17] - Operating revenue for the first nine months was CNY 1,896,974,860.26, a decrease of 0.58% compared to the same period last year[17] - The company reported a significant decrease in investment income, with a loss of CNY 508,448.51 compared to a profit of CNY 14,340,585.73 in the same period last year, marking a decline of 103.55%[31] - The company reported a decrease in retained earnings to $552,426,404.83 from $454,861,394.65, a decline of about 21.5%[37] - The company reported a total profit of approximately ¥43.92 million for Q3 2019, compared to ¥87.44 million in Q3 2018, a decrease of about 49.7%[50] - The net profit for Q3 2019 was a loss of ¥12.30 million, compared to a profit of ¥37.27 million in Q3 2018, representing a significant decline[62] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -125,147,783.92, worsening by 9.55% year-on-year[17] - The net cash flow from investing activities was a negative CNY 239,844,281.35, which is an 8.88% increase in outflow compared to the previous year[31] - The net cash flow from operating activities for the first three quarters of 2019 was a negative ¥125.15 million, compared to a negative ¥114.24 million in the same period of 2018[66] - The total cash flow from operating activities was impacted by a significant reduction in cash received from sales, which totaled 412,464,735.44 RMB, down from 616,671,424.66 RMB, a decrease of about 33%[72] Assets and Liabilities - Total assets increased by 8.91% to CNY 6,468,508,511.35 compared to the end of the previous year[17] - The company’s total liabilities increased to CNY 3,862,265,189.69, up from CNY 3,425,723,493.96, reflecting a growth of 12.74% year-over-year[31] - Total liabilities reached ¥2,074,380,555.27, with non-current liabilities at ¥390,865,157.86[80] - Total assets amounted to ¥5,939,270,633.59, with non-current assets at ¥3,425,723,493.96[79] - Total equity attributable to shareholders increased to $4,025,455,715.95 from $3,826,675,429.69, marking an increase of around 5.2%[37] Shareholder Information - The number of shareholders reached 76,052, with the largest shareholder holding 13.00% of shares[22] - The company received government subsidies amounting to CNY 79,330,330.77 during the first nine months[19] Receivables and Inventory - Accounts receivable increased by 210.30% to CNY 183,206,962.82 due to an increase in accepted bills[23] - Inventory increased to $277,910,650.60 from $245,523,768.93, representing a growth of approximately 13.2%[41] Expenses - The company’s financial expenses rose by 53.08% to CNY 30,098,977.93, compared to CNY 19,662,801.10 in the previous year, primarily due to increased interest expenses[31] - R&D expenses for Q3 2019 were approximately ¥47.00 million, down from ¥53.87 million in Q3 2018, showing a reduction of about 12.8%[46] - The company incurred 602,458,410.70 RMB in cash payments related to operating activities, down from 733,016,574.02 RMB, indicating a reduction of approximately 18%[72] Other Income - The company’s revenue from other income increased by 66.34% to CNY 58,354,675.21, compared to CNY 35,082,111.57 in the previous year, mainly due to increased government subsidies[31] - Other income for Q3 2019 was approximately ¥910.52 million, compared to ¥739.81 million in Q3 2018, an increase of about 23.1%[50]