BHCC(SH:600800)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months decreased by 34.64% to CNY 70,265,143.82 compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 52,063,565.32, compared to a loss of CNY 42,855,811.73 in the same period last year[6]. - Basic and diluted earnings per share were both -CNY 0.09, compared to -CNY 0.07 in the same period last year[7]. - The company reported a net loss of ¥685,734,021.21, worsening from a loss of ¥638,528,242.39 in the previous period[17]. - The net profit attributable to shareholders for Q3 2019 was -¥8,725,763.77, compared to -¥13,277,235.71 in Q3 2018, showing an improvement of about 34.5%[27]. - The total comprehensive income for the first three quarters of 2019 was -¥56,556,831.39, compared to -¥43,752,041.80 in the same period of 2018, indicating an increase in losses of approximately 29.3%[27]. Assets and Liabilities - Total assets decreased by 9.32% to CNY 543,658,977.05 compared to the end of the previous year[6]. - Total liabilities decreased to ¥455,942,161.80 from ¥482,642,939.05, showing a reduction in financial obligations[17]. - Total assets as of September 30, 2019, were CNY 511,502,860.07, down from CNY 568,093,311.66 at the end of 2018, a decrease of 9.9%[22]. - Total liabilities as of September 30, 2019, were CNY 370,330,217.64, a decrease of 6.8% from CNY 396,992,437.67 at the end of 2018[21]. - Total equity attributable to shareholders decreased to CNY 153,005,025.50, reflecting a decline of CNY 26,564,131.19[41]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 43,214,052.54, compared to a net outflow of CNY 27,118,143.91 in the same period last year[6]. - Cash received from operating activities decreased by 86.95% to ¥5,288,872.99 from ¥40,513,144.10, indicating a decline in cash inflows from operations[14]. - The cash outflow from operating activities in Q3 2019 was 129,875,204.39 RMB, compared to 169,546,694.50 RMB in Q3 2018, showing a decrease of about 23.4%[35]. - The net cash flow from operating activities for the first three quarters of 2019 was -¥43,548,013.69, compared to -¥26,496,525.63 in the previous year, indicating a worsening performance[36]. Shareholder Information - The total number of shareholders was 62,523 as of the report date[12]. - The largest shareholder, Tianjin Global Magnetic Card Group Co., Ltd., holds 28.09% of the shares[12]. Research and Development - Research and development expenses increased by 183.27% to ¥8,934,184.36 from ¥3,154,000.00, indicating a significant investment in R&D projects[14]. - Research and development expenses for the first three quarters of 2019 were CNY 8,934,184.36, compared to CNY 3,154,000.00 in the same period of 2018, an increase of 183.5%[24]. Other Income and Expenses - The company reported non-operating income of CNY 628,495.82 for the period[9]. - Other comprehensive income increased by 7,535.29% to ¥17,583,344.87 from ¥230,290.56, reflecting a rise in the fair value of financial assets[13]. - The company reported a net loss from investment of -¥1,665,623.92 for Q3 2019, compared to a loss of -¥5,847,428.35 in Q3 2018, showing an improvement of about 71.5%[29].