SD(SH:600626)2019-10-30 16:00Financial Performance - Operating revenue decreased by 9.01% to CNY 11,015,510,967.44 for the period from January to September[8] - Net profit attributable to shareholders increased by 282.01% to CNY 368,926,370.64 for the period from January to September[8] - Basic earnings per share increased by 218.31% to CNY 0.4329 compared to the same period last year[8] - Net profit for the first three quarters of 2019 was CNY 690,550,131.19, significantly up from CNY 180,880,502.83 in the same period of 2018, indicating improved profitability[22] - The total profit for the period was a loss of ¥35,164,884.12, down from a profit of ¥47,594,072.11 in Q3 2018[24] - The net profit for Q3 2019 was a loss of ¥38,314,551.29, compared to a profit of ¥26,667,369.58 in the same quarter last year, indicating a significant decline[24] - The total comprehensive income for Q3 2019 was CNY 16,612,681.76, compared to a loss of CNY 7,140,363.27 in Q3 2018[29] Assets and Liabilities - Total assets increased by 1.35% to CNY 11,286,199,236.70 compared to the end of the previous year[8] - The company reported an increase in accounts receivable by 55.42%, reaching ¥70,675,023.20 compared to ¥45,473,864.20 in the previous period[14] - The company’s total liabilities decreased to CNY 927,575,203.99 from CNY 1,700,784,027.22, showing a significant reduction in debt levels[21] - The company’s long-term prepaid expenses increased by 42.82% to ¥114,612,017.95, reflecting higher expenditures on fixed asset improvements[14] - The company reported a goodwill of CNY 1,193,181,876.68, indicating significant intangible assets[39] - Current liabilities reached CNY 4,553,153,167.32, while total liabilities were CNY 7,061,341,040.64[40] Cash Flow - Cash flow from operating activities showed a significant decline of 476.86%, resulting in a net outflow of CNY 18,167,958.91[8] - The company reported a net cash flow from operating activities of CNY -18,167,958.91 for the first three quarters of 2019, a decline from CNY 4,820,820.28 in the previous year[31] - The cash inflow from operating activities for the first three quarters of 2019 was CNY 12,053,301,007.46, down from CNY 14,083,673,402.99 in the previous year[31] - The net cash flow from financing activities was -532,758,920.85 RMB in Q3 2019, contrasting with a positive net flow of 174,667,463.87 RMB in Q3 2018[32] Shareholder Information - The total number of shareholders reached 58,155 by the end of the reporting period[11] - The largest shareholder, Shanghai Shenda (Group) Co., Ltd., holds 31.07% of the shares, with 44,134,469 shares under freeze[11] - Shareholders' equity totaled CNY 4,074,269,603.19, with equity attributable to the parent company at CNY 3,291,214,246.06[40] Investment and Income - The company experienced a significant increase in investment income, which surged by 526.88% to ¥764,419,637.45, attributed to the disposal of 100% equity in a subsidiary[14] - The company reported investment income of CNY 22,373,959.48 in Q3 2019, an increase from CNY 14,780,728.06 in Q3 2018[28] - The company incurred a credit impairment loss of ¥5,424,498.44 during the quarter, reflecting challenges in asset quality[24] Expenses - Financial expenses increased by 70.85% to ¥168,694,648.88, mainly due to higher foreign exchange losses[14] - Research and development expenses for Q3 2019 were CNY 29,363,231.46, down from CNY 41,699,515.16 in Q3 2018, indicating a potential shift in investment strategy[23] - The company incurred financial expenses of CNY 22,034,230.43 in the first three quarters of 2019, down from CNY 47,340,219.44 in the same period of 2018[28] Comprehensive Income - The total comprehensive income attributable to the parent company was ¥19,962,129.52 for the quarter, compared to ¥39,543,820.65 in the previous year[26] - The company reported other comprehensive income after tax of ¥45,881,994.90, compared to ¥11,082,726.70 in the same quarter last year[25]