FOUNDERTECH(SH:600601)2019-10-27 16:00Financial Performance - Operating income for the first nine months was ¥3,338,486,786.06, a slight increase of 0.42% compared to ¥3,324,576,718.09 in the same period last year[18]. - Net profit attributable to shareholders of the listed company was a loss of ¥374,911,725.42, compared to a loss of ¥230,797,527.69 in the same period last year[18]. - Basic and diluted earnings per share were both -¥0.1708, compared to -¥0.1052 in the same period last year[20]. - The company reported a net loss of RMB 376,729,817.11, compared to a loss of RMB 230,265,681.82 in the previous year, primarily due to declining profits in broadband services and increased management and R&D expenses[28]. - Net profit for Q3 2019 was a loss of ¥113,200,437.69, compared to a loss of ¥86,157,435.16 in Q3 2018[52]. - Net profit for the first three quarters of 2019 was ¥95,319,879.40, compared to a net loss of ¥101,136,398.84 in the same period of 2018[58]. - Operating profit for Q3 2019 was -¥21,915,428.62, an improvement from -¥31,236,586.40 in Q3 2018[58]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥11,339,386,427.39, an increase of 2.79% compared to the end of the previous year[18]. - Total liabilities rose to approximately ¥8.49 billion from ¥7.79 billion, reflecting an increase of about 9.0%[40]. - The company's long-term borrowings increased to approximately ¥722.15 million from ¥664.00 million, an increase of about 8.7%[40]. - Total current liabilities were CNY 6,613,433,729.30, with short-term borrowings at CNY 1,853,301,870.83[75]. - The company’s total liabilities to equity ratio was approximately 1.04, indicating a balanced capital structure[86]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥116,202,355.83, down 10.15% from ¥129,328,206.52 in the same period last year[18]. - Operating cash inflow for the first three quarters of 2019 was CNY 4,848,283,128.71, an increase of 7.9% compared to CNY 4,493,917,099.04 in the same period of 2018[63]. - Cash inflow from investment activities totaled CNY 217,154,066.00, significantly higher than CNY 17,942,825.10 in the same period last year[67]. - Total cash inflow from financing activities was CNY 3,201,009,186.43, down from CNY 3,609,548,097.14 in the same period last year[67]. - The cash and cash equivalents at the end of the period were CNY 539,010,666.11, down from CNY 1,256,589,036.19 at the end of the same period last year[67]. Shareholder Information - The total number of shareholders at the end of the reporting period was 213,273[22]. - The largest shareholder, Peking University Founder Group, held 12.59% of the shares, totaling 276,333,368 shares[22]. Inventory and Receivables - Accounts receivable increased by 39.29% to RMB 203,520,264.63 from RMB 146,112,168.82, attributed to an increase in settlement via notes[27]. - Inventory rose significantly by 70.33% to RMB 2,674,724,177.02 from RMB 1,570,359,644.11, mainly due to increased software and system integration projects[27]. - The company’s total accounts receivable was CNY 1,695,818,568.96[73]. Research and Development - Research and development expenses for Q3 2019 amounted to ¥74,544,371.05, an increase from ¥59,861,523.30 in Q3 2018[49]. - The company continues to focus on R&D, with total R&D expenses for the first three quarters of 2019 reaching ¥211,511,700.10, up from ¥177,477,542.07 in the same period of 2018[49]. Legal and Compliance - The company has ongoing litigation related to false statements, with a total of 897 cases involving a total claim amount of RMB 169,385,947.24[30]. - The company has recognized a provision for litigation liabilities amounting to RMB 40,742,658.31 in the 2018 financial year[30].