Routon(SH:600355)2019-10-30 16:00Financial Performance - Operating revenue for the first nine months was ¥229,821,240.55, representing a decline of 22.13% compared to ¥295,148,118.40 in the same period last year[7] - Net profit attributable to shareholders was a loss of ¥20,279,108.34, a significant decrease of 588.73% compared to a profit of ¥4,149,378.31 in the previous year[7] - Basic and diluted earnings per share were both -¥0.04, reflecting a 500% decrease from ¥0.01 in the same period last year[7] - The net profit margin for the first three quarters of 2019 was -8.8%, compared to 1.4% in the same period of 2018[34] - Net loss for Q3 2019 was ¥4,947,349.25, compared to a net loss of ¥1,195,149.32 in Q3 2018, indicating a significant increase in losses[33] - The company reported a total comprehensive loss of ¥4,947,349.25 for Q3 2019, compared to a comprehensive income of ¥4,149,378.31 in Q3 2018[34] Assets and Liabilities - Total assets at the end of the reporting period reached ¥546,425,613.94, a 0.35% increase compared to the end of the previous year[7] - Net assets attributable to shareholders decreased by 5.61% to ¥341,287,048.91 from ¥361,566,157.25 at the end of the previous year[7] - Total liabilities increased to CNY 206,324,597.52 compared to CNY 184,126,542.53 in the previous year, reflecting a rise in long-term obligations[25] - Current liabilities decreased to CNY 159,737,160.86 from CNY 176,506,542.53, indicating improved liquidity[25] - Long-term payables rose significantly to CNY 24,162,044.81 from CNY 6,420,000.00, indicating increased financing activities[25] Cash Flow - The net cash flow from operating activities was -¥2,629,497.61, an improvement from -¥15,368,284.83 in the previous year[7] - Cash flow from operating activities for the first three quarters of 2019 was a net outflow of CNY 2,629,497.61, an improvement from a net outflow of CNY 15,368,284.83 in the same period of 2018[39] - Cash inflow from operating activities for the first three quarters of 2019 was CNY 272,084,052.43, down from CNY 379,131,220.11 in the same period of 2018[39] - The total cash inflow from operating activities was 228,716,329.64 RMB, compared to 181,389,715.11 RMB in Q3 2018, reflecting a year-over-year increase of approximately 26%[42] - The total cash outflow from operating activities was 241,532,632.88 RMB, compared to 208,776,338.78 RMB in the previous year, reflecting an increase of approximately 16%[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 36,430[10] - The largest shareholder, Zhang Xueyang, holds 12.19% of the shares, totaling 60,000,000 shares[10] Expenses - Management expenses increased by 31.27% to ¥26,071,730.64 mainly due to higher amortization of intangible assets and maintenance costs[16] - R&D expenses increased by 47.18% to ¥30,832,143.26 as capitalized development expenditures decreased[16] - The company experienced a significant increase in management expenses, which rose to ¥10,002,438.54 in Q3 2019 from ¥6,676,875.57 in Q3 2018, marking a 50% increase[32] - Research and development expenses for Q3 2019 were ¥8,981,738.44, an increase of 22% from ¥7,368,249.82 in Q3 2018[32] Other Financial Metrics - The weighted average return on equity decreased by 6.97 percentage points to -5.79% from 1.18% in the previous year[7] - The company received government subsidies amounting to ¥908,000.00 during the reporting period[8] - Deferred income increased by 1768.78% to ¥22,425,391.85 due to financing lease transactions[13] - Other receivables rose by 265.05% to ¥4,615,519.40 primarily from guarantees related to asset sale-leaseback transactions[13] - Prepayments increased by 163.25% to ¥28,650,020.62 due to increased procurement of raw materials for ID card readers[13]