ZJHM(SH:600987)2019-10-21 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥497,839,838.08, representing a year-on-year increase of 10.11%[18] - Operating revenue for the period was ¥5,042,765,337.65, a decrease of 13.52% compared to the same period last year[18] - Net cash flow from operating activities was ¥527,340,250.55, down 2.82% year-on-year[18] - Basic earnings per share for the period was ¥0.46, an increase of 2.22% compared to the previous year[21] - The weighted average return on equity decreased by 0.69 percentage points to 11.19%[21] - The net profit after deducting non-recurring gains and losses was ¥455,745,049.27, an increase of 18.30% year-on-year[18] - Total operating revenue for Q3 2019 was ¥1,578,400,819.84, a decrease of 17.1% compared to ¥1,905,204,990.83 in Q3 2018[51] - Net profit for Q3 2019 reached ¥199,698,837.55, an increase of 9.0% from ¥182,355,152.97 in Q3 2018[54] - The total profit for Q3 2019 was ¥239,220,749.31, compared to ¥225,784,701.41 in Q3 2018, reflecting a growth of 5.4%[54] Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,860,030,594.02, an increase of 4.82% compared to the end of the previous year[18] - Total current assets reached ¥4,569,986,837.09, compared to ¥4,282,024,722.35 in the previous year, indicating overall growth[36] - Total liabilities reached ¥1,745,884,077.18, down from ¥1,751,882,389.01, showing a decrease of approximately 0.34%[42] - Non-current assets totaled $2,290,043,756.93, compared to $2,262,518,456.64, reflecting an increase of about 1.22%[42] - Current liabilities amounted to $1,645,369,972.57, slightly up from $1,642,997,556.83, indicating a marginal increase of 0.08%[42] - The company reported a total of CNY 1,171,198,287.44 in inventory, unchanged from the previous reporting period[78] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,631[25] - The top shareholder, Zhejiang Hangmin Industrial Group Co., Ltd., held 396,965,356 shares, accounting for 36.73% of the total[25] - Shareholders' equity rose to $5,114,146,516.84 from $4,792,660,789.98, marking an increase of about 6.71%[42] - The total equity attributable to shareholders reached ¥4,294,780,896.76, with total equity including minority interests at ¥4,792,660,789.98[83] Cash Flow and Investments - Cash and cash equivalents amounted to ¥1,319,355,793.40, up from ¥1,269,423,519.94 in the previous year[36] - Cash outflow from investing activities totaled CNY 103,109,597.38, up from CNY 52,592,319.35 in the previous year, indicating an increase of approximately 96.1%[75] - The cash flow from operating activities for the first three quarters of 2019 was approximately ¥5.43 billion, down from ¥6.08 billion in the same period of 2018, a decrease of 10.6%[69] - The company reported a net cash flow from investing activities of approximately -¥94.29 million in Q3 2019, an improvement from -¥136.33 million in Q3 2018[69] Research and Development - Research and development expenses increased by 43.89% to ¥137,007,808.60, driven by higher employee compensation and direct investments[31] - Research and development expenses for Q3 2019 were ¥50,671,429.68, up 48.4% from ¥34,243,615.06 in Q3 2018[51] - Research and development expenses increased to approximately ¥12.96 million in Q3 2019, up from ¥10.01 million in Q3 2018, marking a rise of 29.5%[60] Other Income and Expenses - The company reported a total of ¥10,527,928.38 in non-operating income for the period[22] - Other income rose by 77.72% to ¥22,681,878.38, mainly due to an increase in government subsidies[31] - The company recorded other income of approximately ¥3.79 million in Q3 2019, significantly higher than ¥0.75 million in Q3 2018, representing a growth of 406.5%[60] - The financial expenses for Q3 2019 were approximately -¥2.18 million, compared to -¥1.25 million in Q3 2018, indicating an increase in financial costs[60]