XTAD(SH:600359)2019-10-29 16:00Financial Performance - Operating income for the first nine months was CNY 282,461,012.72, a decrease of 33.85% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 18,353,778.90, an improvement of 58.23% compared to the same period last year[6] - Total operating revenue for Q3 2019 was ¥67,723,508.59, a decrease of 42.1% compared to ¥116,817,138.89 in Q3 2018[22] - Total operating revenue for the first three quarters of 2019 was ¥282,461,012.72, down from ¥426,969,111.38 in the same period of 2018, a decrease of 33.8%[22] - Net loss for Q3 2019 was ¥30,187,752.26, compared to a net loss of ¥21,943,435.76 in Q3 2018, indicating a worsening of 37.5%[23] - The company reported a total comprehensive loss of ¥30,187,752.26 for Q3 2019, compared to a comprehensive loss of ¥21,943,435.76 in Q3 2018[24] Assets and Liabilities - Total assets decreased by 9.60% to CNY 1,934,550,182.28 compared to the end of the previous year[6] - Total liabilities amounted to CNY 1,503,554,502.34, compared to CNY 1,679,244,729.76 previously[16] - Current liabilities totaled CNY 1,151,871,521.36, down from CNY 1,309,874,161.65 in the previous period[15] - Non-current liabilities decreased to CNY 351,682,980.98 from CNY 369,370,568.11[16] - The company’s total liabilities and equity amounted to CNY 1,934,550,182.28, consistent with total assets[16] - Long-term payables increased by 39.04% to ¥23,326,525.45, mainly due to increased long-term payables in the dairy sector[10] Cash Flow - Net cash flow from operating activities was negative CNY 5,405,018.71, a decrease of 109.53% year-on-year[6] - Cash inflow from financing activities totaled 465,000,000.00 CNY, up from 335,650,500.00 CNY year-over-year[30] - The net cash flow from operating activities was -11,359,526.99 CNY, worsening from -5,230,791.99 CNY in the same period last year[33] - The company generated 296,816.62 million RMB in cash inflows from operating activities in the first three quarters of 2019, down from 473,900.49 million RMB in 2018[29] Shareholder Information - The total number of shareholders was 56,329 at the end of the reporting period[9] - The largest shareholder, Aral Tongzhong State-owned Assets Management Co., held 40.32% of shares[9] Research and Development - Research and development expenses were reported at ¥3,282,116.44, reflecting a change in accounting policy[11] - Research and development expenses for the first three quarters of 2019 amounted to ¥3,282,116.44, with no data provided for the same period in 2018[22] Other Financial Metrics - The weighted average return on equity increased by 2.95 percentage points to -4.11%[6] - Basic and diluted earnings per share were both CNY -0.05, not applicable for comparison[6] - Investment income increased by 90.65% to ¥716,260.74, attributed to higher financial management returns[11] - Other comprehensive income showed a significant decline of 247.50%, resulting in a loss of -¥8,041,701.69 due to revaluation under new financial instrument standards[10]