FARATRONIC(SH:600563)2019-10-30 16:00Financial Performance - Net profit attributable to shareholders was approximately ¥304.35 million, down 6.32% year-on-year[5]. - Operating income for the first nine months was approximately ¥1.19 billion, a decrease of 7.56% compared to the same period last year[5]. - The company reported a net profit of approximately ¥287.12 million after deducting non-recurring gains and losses, a decrease of 11.82% year-on-year[5]. - Total operating revenue for Q3 2019 was ¥398,001,503.06, a decrease of 11.8% compared to ¥451,346,187.62 in Q3 2018[17]. - Net profit for Q3 2019 was ¥98,317,196.51, a decline of 12.6% from ¥112,510,423.88 in Q3 2018[18]. - The company’s total profit for the first three quarters of 2019 was approximately ¥358.49 million, down from ¥380.68 million in the same period of 2018, reflecting a decrease of 5.8%[23]. - The total comprehensive income attributable to shareholders was impacted by a net other comprehensive loss of ¥23,729.38 in Q3 2019[19]. Earnings and Shareholder Information - Basic earnings per share were ¥1.3526, down 6.32% from the previous year[5]. - The total number of shareholders at the end of the reporting period was 10,871[8]. - The largest shareholder, Xiamen Fala Development Co., Ltd., held 37.33% of the shares[8]. - The total equity attributable to shareholders was ¥2,449,309,851.28, up from ¥2,436,406,043.09 in the previous period[15]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥2.99 billion, a decrease of 0.57% compared to the end of the previous year[5]. - Total current assets amounted to ¥2,224,994,319.09, slightly down from ¥2,252,658,176.32 in the previous year[11]. - Total liabilities decreased from $502,467,030.34 to $474,907,944.19, a decline of approximately 5.5%[13]. - Current liabilities decreased from $471,364,497.30 to $443,766,811.15, a reduction of about 5.9%[12]. - The company reported goodwill remaining stable at $19,154,867.23[12]. Cash Flow and Financial Position - Net cash flow from operating activities increased by 29.28% year-on-year to approximately ¥503.60 million[5]. - The company's cash and cash equivalents increased to ¥473,346,356.91 from ¥145,211,156.20, primarily due to reduced receivables and increased deposits[10]. - The net cash flow from operating activities for the period was ¥503,602,871.23, up from ¥389,558,110.46 in the same period last year, driven by increased cash flow from discounted bank acceptance bills[10]. - Cash inflow from investment activities totaled CNY 1,505,749,407.37, up from CNY 1,249,667,942.39 in the previous year, representing a growth of 20.5%[26]. - The total cash and cash equivalents at the end of the period reached CNY 473,346,356.91, a substantial increase from CNY 115,475,993.17 at the end of the same period in 2018[27]. Operational Efficiency - The weighted average return on equity decreased by 1.91 percentage points to 12.12%[5]. - The company is focused on enhancing its financial position and operational efficiency through strategic adjustments in asset management and receivables[10]. - The company reported a financial income of ¥4,438,917.38 in Q3 2019, compared to a loss of ¥4,049,798.89 in Q3 2018[18]. - The company achieved investment income of approximately ¥11.64 million in Q3 2019, significantly up from ¥4.32 million in Q3 2018, marking an increase of 169.0%[22]. Research and Development - R&D expenses for Q3 2019 amounted to ¥20,280,643.31, an increase of 4.0% compared to ¥19,501,839.24 in Q3 2018[17]. - Research and development expenses for Q3 2019 were approximately ¥18.39 million, an increase of 8.2% from ¥16.98 million in Q3 2018[22].