FJC(SH:600802)2019-10-28 16:00Financial Performance - Operating revenue decreased by 1.04% to CNY 1,974,988,624.91 for the first nine months compared to the same period last year[6] - Net profit attributable to shareholders decreased by 19.91% to CNY 257,745,102.34 year-over-year[6] - Basic earnings per share decreased by 19.91% to CNY 0.67 compared to the same period last year[6] - Total operating revenue for Q3 2019 was CNY 660,289,857.50, a decrease of 9.45% compared to CNY 729,208,892.34 in Q3 2018[32] - Net profit for Q3 2019 was CNY 56,951,908.98, down 52.93% from CNY 120,926,233.25 in Q3 2018[33] - Total comprehensive income attributable to the parent company for Q3 2019 was approximately ¥27.88 million, compared to ¥130.42 million in Q3 2018, indicating a decrease of 78.6%[38] Assets and Liabilities - Total assets increased by 8.18% to CNY 4,330,533,016.48 compared to the end of the previous year[6] - Current assets totaled CNY 1,408,593,358.43, up from CNY 1,003,053,097.49, indicating a significant increase of about 40.41%[25] - Total liabilities were CNY 2,697,864,513.36, an increase from CNY 2,621,820,070.48, marking a rise of about 2.89%[27] - Non-current assets totaled CNY 2,921,939,658.05, down from CNY 3,000,030,008.62, indicating a decrease of about 2.62%[26] - The total liabilities as of Q3 2019 amounted to CNY 3,179,665,743.36, a slight decrease from CNY 3,222,659,035.43 in the same period last year[30] Shareholder Equity - Net assets attributable to shareholders increased by 36.07% to CNY 1,164,047,149.03 year-over-year[6] - The company's equity attributable to shareholders was CNY 1,164,047,149.03, up from CNY 855,474,685.94, showing an increase of approximately 36.06%[27] - The total equity increased to CNY 1,352,282,452.94 in Q3 2019, compared to CNY 1,119,281,680.13 in Q3 2018, reflecting a growth of 20.77%[30] Cash Flow - Cash flow from operating activities decreased by 4.84% to CNY 562,581,695.62 for the first nine months[6] - Cash received from operating activities increased by CNY 190,541,100, with a growth rate of 469.28%, due to the receipt of funds from the transfer of cement clinker production capacity[18] - The net cash flow from operating activities for the first three quarters of 2019 was ¥562,581,695.62, a decrease from ¥591,175,577.47 in 2018, reflecting a decline of about 4.9%[39] Investments and Expenses - Financial expenses decreased by CNY 22,421,300, with a reduction of 32.76%, due to lower average interest-bearing liabilities and interest rates compared to the previous year[16] - Cash paid for the acquisition of fixed assets increased by CNY 67,367,200, with a growth rate of 345.95%, due to investments in new renovation projects[18] - Research and development expenses remained at CNY 0.00 for both Q3 2019 and Q3 2018, indicating no investment in R&D during this period[32] Other Financial Metrics - The weighted average return on equity decreased by 17.73 percentage points to 24.72% compared to the previous year[6] - The gross profit margin for Q3 2019 was approximately 10.3%, down from 12.4% in Q3 2018[32] - The company reported a fair value change gain of approximately ¥122.99 million in Q3 2019, compared to a loss of -¥38.33 million in Q3 2018[37]