GZCBN(SH:600996)2019-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 32.32% to CNY 170,812,350.46 year-on-year[15] - Operating revenue rose by 8.42% to CNY 2,185,045,654.97 for the year-to-date period[15] - The company reported a net profit excluding non-recurring gains and losses down by 44.24% to CNY 130,930,038.14[15] - Basic earnings per share decreased by 33.33% to CNY 0.16[15] - The company reported a total profit of RMB 19,903,816.77 for Q3 2019, compared to RMB 13,771,671.51 in Q3 2018, marking a 44.5% increase[30] - Net profit for Q3 2019 was RMB 20,012,216.01, representing a 52.5% increase from RMB 13,121,573.96 in Q3 2018[30] - The company's operating profit for the first three quarters of 2019 was CNY 171.79 million, down 33.14% from CNY 256.93 million in the first three quarters of 2018[32] Assets and Liabilities - Total assets increased by 12.30% to CNY 14,035,876,718.48 compared to the end of the previous year[15] - Total liabilities decreased to ¥5,327,976,671.41 from ¥6,376,372,084.05, indicating improved financial stability[23] - Total liabilities increased to ¥9,279,879,307.40 from ¥8,056,235,017.61, representing a growth of approximately 15.2% year-over-year[27] - Owner's equity totaled ¥4,686,269,859.60, compared to ¥4,388,113,437.51, reflecting a rise of approximately 6.8% year-over-year[27] - Total current assets amounted to ¥4,622,554,655.33, compared to ¥3,817,166,298.33, reflecting a growth of about 21.1%[26] - The total non-current liabilities amounted to ¥3,953,435,474.18, compared to ¥1,689,570,740.47, indicating a significant increase of about 134.8% year-over-year[27] Cash Flow - Cash flow from operating activities decreased by 71.71% to CNY 52,326,868.26 compared to the same period last year[15] - Cash inflow from operating activities for the first three quarters of 2019 was CNY 1.52 billion, a decrease from CNY 1.66 billion in the same period of 2018[34] - Net cash flow from operating activities for Q3 2019 was 52,326,868.26 RMB, a decrease of 71.7% compared to 184,955,836.45 RMB in Q3 2018[36] - Cash inflow from financing activities for the first nine months was 3,620,819,900.00 RMB, an increase from 2,046,324,300.00 RMB in the same period of 2018[40] Shareholder Information - The number of shareholders at the end of the reporting period was 49,354[17] - The largest shareholder, Guizhou Broadcasting Film and Television Investment Co., Ltd., holds 42.15% of the shares[17] Expenses - Financial expenses surged by 439.67% to ¥132,304,788.12 from ¥24,515,761.91, mainly due to increased interest expenses from bank loans[19] - Research and development expenses for Q3 2019 amounted to RMB 43,431,688.05, a decrease of 13.0% from RMB 49,953,924.26 in Q3 2018[28] - The company's financial expenses increased significantly, totaling CNY 133.80 million in the first three quarters of 2019, compared to CNY 25.78 million in the same period of 2018[32] Other Income - Non-operating income for the year-to-date period was CNY 22,659,731.76[15] - Other income for Q3 2019 was RMB 25,308,602.82, compared to RMB 4,543,147.20 in Q3 2018, indicating a substantial growth[30] - The company reported a significant increase in other income, which reached CNY 39.65 million in the first three quarters of 2019, compared to CNY 13.52 million in the same period of 2018[32]