ECC(SH:600850)2019-10-18 16:00Financial Performance - Operating income for the first nine months was CNY 5,188,965,600.00, representing a year-on-year increase of 4.73%[17] - Net profit attributable to shareholders of the listed company was CNY 260,799,321.25, up 3.61% year-on-year[17] - Basic earnings per share increased by 2.29% to CNY 0.6129[17] - The company reported a net profit of ¥1,935,942,617.99, compared to ¥1,828,587,387.34 in the previous year, indicating an increase of approximately 5.9%[47] - The company's net profit for the first three quarters of 2019 was ¥166,060,463.43, down from ¥186,742,418.68 in the same period of 2018, indicating a decrease of 11.00%[54] - The net profit for Q3 2019 was approximately ¥82.22 million, a decrease from ¥84.67 million in Q3 2018, representing a decline of about 2.9%[61] - The net profit attributable to shareholders of the parent company for Q3 2019 was approximately ¥80.45 million, down from ¥81.21 million in Q3 2018, a decrease of about 0.9%[64] - Net profit for the first three quarters of 2019 was CNY 132,762,135.35, up from CNY 91,482,370.25 in the same period of 2018, representing an increase of about 45%[76] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,176,460,446.25, a decrease of 1.33% compared to the end of the previous year[17] - Total liabilities as of September 30, 2019, were ¥3,522,336,782.31, down from ¥3,753,803,779.28, showing a decrease of approximately 6.1%[47] - The company's total equity increased to ¥2,654,123,663.94 from ¥2,505,968,261.92, representing an increase of about 5.9%[47] - Total assets decreased slightly to ¥2,224,611,553.50 from ¥2,228,599,040.03, a decline of 0.18%[56] - Total liabilities decreased to ¥868,221,331.82 from ¥887,020,536.60, a reduction of 2.00%[54] - The company’s total liabilities to equity ratio improved to approximately 1.33 from 1.49, indicating a stronger financial position[47] Cash Flow - Net cash flow from operating activities improved significantly, with a net outflow of CNY 68,842,236.10, a 90.46% improvement compared to the previous year[17] - The company reported a cash flow from operating activities net amount of CNY -68,842,236.10 for the first three quarters, an improvement from CNY -721,366,858.64 in the same period of 2018[76] - Operating cash flow for the first three quarters of 2019 was RMB 93,367,757.15, a significant improvement compared to a negative cash flow of RMB -73,820,150.65 in the same period of 2018[78] - Total cash inflow from operating activities reached RMB 948,002,311.57, up from RMB 911,509,686.82 year-over-year[78] - Cash outflow for purchasing goods and services was RMB 785,442,816.65, a decrease from RMB 903,807,531.12 in the previous year[78] - The net increase in cash and cash equivalents for the quarter was RMB 60,427,554.34, contrasting with a decrease of RMB -70,941,829.44 in the same quarter of 2018[81] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,676[21] - The largest shareholder, China Electronics Technology Group Corporation, held 42.19% of the shares[21] Investments and Expenditures - Development expenditures surged by 2819.18% to RMB 25,951,288.73, attributed to an increase in ongoing research and development projects[30] - Research and development expenses for Q3 2019 were ¥56,598,616.46, a slight decrease from ¥59,365,102.52 in Q3 2018[57] - Research and development expenses for the first three quarters totaled CNY 47,245,845.53, compared to CNY 40,329,133.50 in the previous year, marking an increase of approximately 17.5%[76] Other Financial Metrics - The weighted average return on equity decreased by 0.82 percentage points to 10.43%[17] - The company reported non-recurring gains and losses totaling CNY 706,422.60 for the reporting period[21] - Other comprehensive income increased by 91.77% to RMB 8,460,939.66, mainly due to exchange rate fluctuations[30] - Tax refunds received increased by 468.54% to RMB 7,251,515.26, reflecting higher tax refunds this period[34]