SWEC(SH:600641)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 578,654,254.44, down 37.11% year-on-year[15]. - Operating revenue for the first nine months was CNY 1,758,130,817.60, a decline of 30.15% compared to the same period last year[15]. - Basic earnings per share decreased by 35.17% to CNY 0.7400[15]. - The weighted average return on equity fell by 5.83 percentage points to 9.10%[15]. - Total revenue for Q3 2019 was CNY 132,809,519.57, a decrease of 13.3% compared to CNY 153,242,861.84 in Q3 2018[50]. - Q3 2019 net profit was CNY 5,590,300.93, down 65.0% from CNY 15,982,641.08 in Q3 2018[59]. - The company reported a total profit of CNY 6,457,385.86 in Q3 2019, down from CNY 21,416,108.95 in Q3 2018[57]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,081,737,747.87, a decrease of 11.6% compared to the end of the previous year[15]. - Current assets decreased from CNY 6,620,552,733.96 to CNY 5,259,042,126.80, representing a reduction of about 20.6%[44]. - Total liabilities decreased from CNY 1,830,570,934.84 to CNY 814,165,302.63, a decline of about 55.5%[44]. - Current liabilities decreased from CNY 1,723,341,306.01 to CNY 692,723,034.03, a reduction of approximately 60.1%[41]. - Non-current assets increased from CNY 1,390,722,954.62 to CNY 1,822,695,621.07, an increase of about 31.0%[44]. - Total liabilities increased to CNY 5,031,657,649.15 from CNY 4,740,978,195.68, reflecting a rise of 6.1%[49]. Cash Flow - Net cash flow from operating activities increased by 80.28% to CNY 136,164,980.65 year-to-date[15]. - Cash flow from operating activities for the first three quarters of 2019 was CNY 1,017,497,678.87, down from CNY 1,402,874,731.09 in the same period of 2018[60]. - The net cash flow from investment activities was -CNY 2,493,765,143.14, a decline compared to CNY 8,556,264.48 previously, suggesting increased capital expenditures[64]. - Cash outflow from financing activities amounted to CNY 494,133,203.78, slightly lower than CNY 517,883,182.45 in the previous period, indicating a stable financing strategy[66]. - The total cash and cash equivalents at the end of the period were CNY 1,389,438,754.08, down from CNY 3,259,335,059.30, reflecting a decrease in liquidity[66]. Shareholder Information - The total number of shareholders at the end of the reporting period was 35,754[21]. - The largest shareholder, Shanghai Pudong Technology Investment Co., Ltd., held 227,000,000 shares, accounting for 28.16% of the total[21]. - The total equity attributable to shareholders increased from CNY 6,178,740,715.19 to CNY 6,264,757,728.43, an increase of approximately 1.4%[44]. Investment and R&D - The company's research and development expenses surged by 30,775.96% to RMB 2,270,355.62, reflecting increased investment in R&D[29]. - The company’s long-term equity investments increased by 399.11% to RMB 39,784,538.86 from RMB 7,971,131.45 at the beginning of the year[26]. - The company received government subsidies totaling CNY 46,265,086.11 during the reporting period[15]. Inventory and Other Assets - The company's inventory decreased by 39.06% to RMB 829,347,078.50 from RMB 1,360,882,468.34 at the end of the previous year[26]. - The total amount of trading financial assets increased by 268.98% to RMB 2,813,925,078.60 from RMB 762,630,327.58 at the end of the previous year[26]. - The company reported a decrease in other comprehensive income by CNY 55,226,293.68, reflecting market fluctuations[74].