SPG(SH:600529)2019-10-21 16:00Financial Performance - Net profit attributable to shareholders rose by 30.01% to CNY 341,150,751.94 year-to-date[5] - Operating revenue for the first nine months reached CNY 2,156,824,384.75, reflecting a 12.29% increase year-on-year[5] - Basic earnings per share grew by 30.02% to CNY 0.5734[5] - The company reported a net profit of CNY 332,935,302.31 after deducting non-recurring gains and losses, a 27.82% increase year-on-year[5] - The company reported a net profit margin improvement, with net profit for the first nine months of 2019 reaching ¥1,756,377,328.54, compared to ¥1,587,225,591.70 in the same period of 2018[18] - The net profit attributable to shareholders for Q3 2019 was CNY 123,210,414.98, compared to CNY 94,812,763.93 in Q3 2018, reflecting a year-over-year increase of about 30.0%[23] - The total profit for Q3 2019 reached CNY 144,784,787.06, up from CNY 112,083,063.14 in the same period last year, marking an increase of approximately 29.2%[25] - The company’s total profit for the first three quarters of 2019 was CNY 350,011,724.52, compared to CNY 261,892,877.95 in the same period last year, showing an increase of approximately 33.5%[25] Asset and Liability Management - Total assets increased by 10.19% to CNY 5,094,642,863.73 compared to the end of the previous year[5] - The total assets as of September 30, 2019, amounted to CNY 5,094,642,863.73, an increase from CNY 4,623,713,518.44 at the end of 2018[14] - The total liabilities as of September 30, 2019, were CNY 1,347,659,945.50, compared to CNY 1,097,999,187.14 at the end of 2018[15] - The company's total assets as of Q3 2019 amounted to ¥4,787,504,516.57, up from ¥4,448,483,040.52 in the previous year, indicating a growth of 7.6%[18] - Total liabilities increased to ¥1,194,922,614.39 in Q3 2019, compared to ¥1,029,966,624.31 in Q3 2018, representing a rise of 16.0%[18] - The total equity of the company reached ¥3,592,581,902.18 in Q3 2019, an increase from ¥3,418,516,416.21 in Q3 2018, showing a growth of 5.1%[18] - Total current liabilities stood at ¥1,065,501,265.79, unchanged from the previous year, indicating stable short-term financial obligations[32] - Total liabilities amounted to ¥1,097,999,187.14, with non-current liabilities totaling ¥32,497,921.35[33] Cash Flow Analysis - Net cash flow from operating activities increased by 25.55% to CNY 393,383,472.73 compared to the same period last year[5] - Cash flow from operating activities for the first nine months of 2019 was ¥393,383,472.73, up from ¥313,324,394.80 in the same period of 2018, indicating a year-over-year increase of about 26%[27] - Total cash inflow from operating activities for the first nine months of 2019 was ¥2,231,066,956.16, compared to ¥1,908,137,882.30 in 2018, reflecting a growth of approximately 17%[27] - Cash outflow for purchasing goods and services in the first nine months of 2019 was ¥1,238,636,534.53, an increase from ¥1,025,310,608.31 in 2018, showing a rise of about 21%[27] - The net cash flow from operating activities for Q3 2019 was ¥370,574,587.51, an increase of 19.6% compared to ¥309,789,719.24 in Q3 2018[30] - The total cash inflow from investment activities reached ¥1,822,415,677.35, significantly up from ¥936,743,728.21 in the previous year, marking a 94.5% increase[30] - The company’s net cash flow from financing activities was -¥99,599,617.29 in the first nine months of 2019, slightly improved from -¥100,349,874.58 in the same period of 2018[28] Investment and R&D Expenditure - Research and development expenses for the first three quarters increased by 80.87% year-on-year, mainly due to higher R&D project investments[9] - Research and development expenses increased significantly to ¥40,026,880.46 in Q3 2019, compared to ¥18,735,751.93 in Q3 2018, reflecting a growth of 113.5%[20] - The company paid cash for fixed assets and other long-term assets amounting to ¥480,108,213.38 in the first nine months of 2019, compared to ¥195,146,631.43 in 2018, representing an increase of about 146%[28] Shareholder Information - The company had a total of 12,156 shareholders at the end of the reporting period[7] - The largest shareholder, Yiyuan County Public Asset Management Committee, holds 15.66% of shares, with 93,179,888 shares pledged[7]