DPC(SH:600405)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months rose by 25.57% to CNY 792,032,517.82 compared to the same period last year[6] - Net profit attributable to shareholders was CNY 16,117,768.65, a significant recovery from a loss of CNY 43,023,250.53 in the previous year[6] - The weighted average return on equity improved to 1.49% from -3.15% year-on-year[6] - Basic and diluted earnings per share were both CNY 0.029, recovering from a loss of CNY 0.086 in the previous year[6] - Net cash flow from operating activities was CNY 65,213,541.93, a turnaround from a negative cash flow of CNY -116,566,467.48 in the previous year[6] - The company reported a net loss of ¥6,218,090.33, improving from a loss of ¥22,335,858.98 in the previous year[26] - The total profit for the first three quarters of 2019 reached ¥27,431,354.65, a recovery from a loss of ¥49,787,916.98 in the same period of 2018[37] - The net profit for Q3 2019 was ¥14,376,920.21, compared to a net loss of ¥2,789,329.43 in Q3 2018, indicating a significant turnaround[37] Assets and Liabilities - Total assets increased by 4.15% to CNY 2,689,714,049.24 compared to the end of the previous year[6] - Current liabilities due within one year increased to ¥263,696,218.62, a rise of 249.08%, primarily due to the reclassification of bonds payable[15] - Minority interests at the end of the reporting period were ¥22,955,089.30, an increase of 493.31%, due to the addition of a non-wholly-owned subsidiary[16] - Total liabilities amounted to ¥1,611,414,686.79, up from ¥1,506,239,302.77, reflecting a growth of about 7%[26] - Long-term receivables at the end of the reporting period reached ¥13,365,297.24, an increase of 219.82%, attributed to increased financing lease deposits from the parent company and subsidiaries[14] - Non-current liabilities decreased to ¥221,266,026.01 from ¥314,481,237.97, a reduction of approximately 29.6%[26] Shareholder Information - The total number of shareholders reached 88,278 by the end of the reporting period[11] - The largest shareholder, He Zhenya, holds 11.10% of the shares, with 62,138,615 shares pledged[11] Cash Flow - Cash received from operating activities increased by 87.50% to ¥36,041,676.79, primarily due to software tax refunds[17] - Cash paid for purchasing goods and services decreased by 41.66% to ¥317,057,288.87, mainly due to payments made via bank acceptance bills[17] - Cash received from financing activities increased by 165.24% to ¥159,101,729.17, primarily due to the return of bank acceptance bill deposits[19] - Cash inflow from operating activities for the first nine months of 2019 totaled CNY 768,747,834.50, an increase of about 13.5% compared to CNY 677,055,259.90 in the same period of 2018[43] - Net cash flow from financing activities in Q3 2019 was -CNY 90,516,493.19, a decrease from -CNY 127,744,413.84 in Q3 2018, showing an improvement of about 29%[44] Research and Development - Research and development expenses for the first three quarters of 2019 totaled ¥57,994,155.11, up from ¥50,311,143.02 in the same period of 2018, indicating a 15.4% increase[31] - Research and development expenses for the first three quarters of 2019 amounted to ¥27,488,736.98, up from ¥19,823,740.74 in the previous year, reflecting a focus on innovation[36] Other Financial Metrics - Other income for the reporting period was ¥13,228,283.76, an increase of 74.36%, mainly from increased software tax refunds[17] - The company incurred a credit impairment loss of ¥3,138,092.56 in Q3 2019, down from ¥3,645,458.30 in Q3 2018[32] - The financial expenses for the first three quarters of 2019 were ¥18,629,319.85, down from ¥23,489,793.18 in the previous year, reflecting better cost management[36]