SHSTC(SH:600620)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders was ¥82,631,868.40, representing a 36.29% increase year-on-year[17]. - Operating revenue for the first nine months was ¥35,855,991.56, a decrease of 4.17% compared to the same period last year[17]. - Basic earnings per share rose to ¥0.1203, up 36.24% from ¥0.0883 in the previous year[19]. - Operating income for the reporting period was CNY 2.5831 million, an increase of CNY 2.2814 million year-on-year, representing a growth rate of 756.02%[14]. - Net profit for the first three quarters of 2019 was CNY 352,697,373.91, compared to CNY 274,309,713.94 in the same period of 2018, indicating a growth of 28.5%[46]. - The net profit for Q3 2019 was a loss of CNY 308,957.84, compared to a profit of CNY 1,878,931.69 in Q3 2018, indicating a substantial decline in profitability[52]. - The total profit for Q3 2019 was CNY -411,943.77, contrasting with CNY 1,878,931.69 in the same period last year, reflecting a decrease of over 121%[52]. - The company reported a net loss attributable to shareholders of CNY 6,123,813.74 for the first three quarters of 2019, compared to a profit of CNY 82,631,868.40 in the same period of 2018[50]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,184,327,195.34, an increase of 11.31% compared to the end of the previous year[17]. - Total liabilities as of September 30, 2019, were CNY 610.9327 million, an increase from CNY 544.8391 million as of December 31, 2018[43]. - Total equity attributable to shareholders as of September 30, 2019, was CNY 2.5463 billion, up from CNY 2.2839 billion as of December 31, 2018[43]. - Total current assets as of September 30, 2019, amounted to CNY 945.8985 million, an increase from CNY 828.8448 million as of December 31, 2018[40]. - Total liabilities rose to CNY 788,028,885.37 in Q3 2019, up from CNY 714,849,559.54 in Q3 2018, an increase of 10.2%[46]. - Total equity reached CNY 2,663,509,270.33, compared to CNY 2,386,801,685.64 in the previous year, marking an increase of 11.6%[47]. Cash Flow - The net cash flow from operating activities was negative at -¥8,601,026.07, compared to -¥6,348,858.14 in the same period last year[17]. - Cash inflow from operating activities for the first three quarters of 2019 was CNY 51,648,204.65, down from CNY 55,999,908.67 in the previous year[56]. - Cash inflow from investment activities for the first three quarters of 2019 was CNY 151,751,766.68, a decrease from CNY 278,108,421.33 in the previous year[57]. - The net cash flow from investment activities was CNY 143,894,123.50, down from CNY 224,876,864.52 in the previous year[57]. - Cash and cash equivalents at the end of Q3 2019 totaled CNY 348,700,129.84, compared to CNY 458,689,250.18 at the end of the same period last year[57]. - Total cash inflow from operating activities was CNY 51,648,204.65, while total cash outflow was CNY 60,249,230.72, resulting in a net cash flow of CNY -8,601,026.07[56]. Shareholder Information - The total number of shareholders at the end of the reporting period was 25,054[25]. - The largest shareholder, Shanghai Zhongsheng Hongqiao Enterprise Management Co., Ltd., held 25.08% of the shares[25]. Government Support - The company received government subsidies totaling ¥218,445.70 during the reporting period[19]. Financial Adjustments - The company has implemented new financial and revenue recognition standards, impacting the financial statements positively[61]. - The company adjusted its financial asset classifications under new financial instrument standards, impacting the reporting of various asset categories[64]. - Financial assets previously classified as "available-for-sale" and measured at cost are now classified as "financial assets at fair value through profit or loss"[69]. - Wealth management products previously reported as "other current assets" have been reclassified to "financial assets held for trading" with fair value changes recognized in profit or loss[69].