JSZY(SH:600770)2019-10-29 16:00Financial Performance - Operating income decreased by 2.61% to CNY 360,470,529.71 for the period from January to September[6] - Net profit attributable to shareholders decreased by 81.03% to CNY 16,146,088.77 for the same period[6] - Basic and diluted earnings per share decreased by 85.71% to CNY 0.01[6] - Total operating revenue for Q3 2019 was CNY 113,820,874.09, a decrease of 4.3% compared to CNY 119,095,388.07 in Q3 2018[24] - Net profit for Q3 2019 was a loss of CNY 5,470,558.86, compared to a profit of CNY 18,319,032.34 in Q3 2018[25] - The company reported a total comprehensive income of CNY -817,635.00 for Q3 2019, compared to CNY 8,217,241.49 in Q3 2018[26] - The company reported a total profit of -10,563,943.59 CNY for Q3 2019, compared to a profit of 63,292,480.35 CNY in the same quarter of the previous year[29] - The net profit for Q3 2019 was -10,664,998.47 CNY, compared to a profit of 63,488,913.52 CNY in the same period last year, indicating a significant decline[29] Assets and Liabilities - Total assets increased by 1.25% to CNY 5,876,066,900.55 compared to the end of the previous year[6] - Current liabilities totaled ¥1,073,098,122.81, slightly up from ¥1,059,712,378.65, indicating a rise of about 1.3%[19] - Total liabilities amounted to ¥1,191,955,057.40, up from ¥1,165,293,381.35, showing an increase of approximately 2.3%[19] - The company’s total assets decreased to CNY 3,855,231,007.38 in Q3 2019 from CNY 3,785,977,805.20 in Q3 2018[24] - The total liabilities as of Q3 2019 were 1,165,293,381.35 RMB, remaining stable compared to the previous year[40] Cash Flow - Cash flow from operating activities increased significantly by 440.22% to CNY 32,698,340.35[6] - Operating cash flow for the first nine months of 2019 was 32,698,340.35 CNY, up from 6,052,784.29 CNY in the previous year[33] - The company reported an investment activity cash flow net of -17,434,646.19 CNY for the first nine months of 2019, an improvement from -326,807,002.29 CNY in the previous year[34] - The financing activities generated a net cash flow of 45,004,646.38 CNY in Q3 2019, a recovery from -96,899,599.36 CNY in the previous year[34] Shareholder Information - The total number of shareholders reached 76,440 by the end of the reporting period[9] - The largest shareholder, Nantong Zongyi Investment Co., Ltd., holds 25.69% of the shares, with 333,955,709 shares pledged[9] Investments - Long-term equity investments increased by 34.50% to ¥248,394,030.23, mainly due to new investments in Jiangsu Grey Australia Photovoltaic Power Co., Ltd.[12] - Investment income decreased by 71.87% to ¥40,368,564.99, mainly due to reduced gains from the transfer of equity in previous periods[13] Expenses - Sales expenses decreased by 23.11% to ¥12,784,689.65, primarily due to reduced promotional expenses by subsidiaries[13] - Research and development expenses for Q3 2019 were CNY 3,770,106.75, significantly down from CNY 11,690,878.34 in Q3 2018, indicating a 67.7% decrease[24] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company is actively communicating with performance commitment parties regarding the internet lottery business, which has been suspended since March 2015[14] - As of the report date, there is no confirmed timeline for the resumption of the internet lottery business[14]