Tuopu Group(SH:601689)2019-10-24 16:00Financial Performance - Operating revenue for the reporting period was CNY 3,765,837,462.16, down 15.50% year-on-year [5]. - Net profit attributable to shareholders was CNY 337,412,661.57, a decrease of 45.33% compared to the same period last year [5]. - Basic earnings per share were CNY 0.32, down 44.83% from CNY 0.58 in the same period last year [5]. - The weighted average return on equity decreased by 4.54 percentage points to 4.57% [5]. - Total revenue for Q3 2019 was CNY 1,327,550,960.04, a decrease of 3.9% compared to CNY 1,381,434,234.24 in Q3 2018 [24]. - Net profit for Q3 2019 was CNY 130,781,433.23, a decrease of 28.1% from CNY 181,716,401.86 in Q3 2018 [27]. - The company’s total comprehensive income for the first three quarters of 2019 was CNY 341,484,002.16, a decrease from CNY 618,787,504.33 in the same period of 2018 [27]. - The total operating profit for Q3 2019 was CNY 151,739,660.01, down from CNY 211,023,836.14 in Q3 2018 [27]. - The total profit for Q3 2019 was approximately ¥125.03 million, down from ¥167.57 million in Q3 2018, indicating a decline of about 25.4% [32]. Cash Flow - Net cash flow from operating activities increased by 104.69% to CNY 773,868,388.32 year-to-date [4]. - Cash inflow from operating activities totaled CNY 4,531,229,640.45 for the first three quarters of 2019, slightly down from CNY 4,557,836,453.15 in 2018, indicating a decrease of about 0.6% [35]. - Cash outflow from operating activities was CNY 3,757,361,252.13 in the first three quarters of 2019, compared to CNY 4,179,767,580.08 in the same period of 2018, showing a reduction of approximately 10.1% [36]. - The net cash flow from investment activities was -692,141,989.41 for the first three quarters of 2019, an improvement from -800,729,439.64 in the same period of 2018 [36]. - Total cash and cash equivalents at the end of the third quarter of 2019 were CNY 580,889,323.21, compared to CNY 303,165,867.86 at the end of the same period in 2018, representing an increase of approximately 91.5% [36]. - The company reported a net cash flow from financing activities of -233,736,860.75 for the first three quarters of 2019, an improvement from -532,766,913.67 in the same period of 2018 [36]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,725,025,697.20, a decrease of 1.61% compared to the end of the previous year [4]. - Current assets totaled ¥5,056,667,331.31, down from ¥5,670,590,807.02, indicating a decrease of about 10.8% year-over-year [17]. - Total liabilities were ¥3,440,122,503.42, down from ¥3,654,651,447.65, indicating a decrease of about 5.9% [19]. - The company's total equity increased to ¥7,284,903,193.78 from ¥7,246,043,511.89, a slight increase of about 0.5% [19]. - Total assets amounted to ¥8,887,031,539.14, with current assets at ¥3,169,794,316.26 and non-current assets at ¥5,717,237,222.88 [44]. - The company reported a total liability of ¥1,636,012,078.26, with current liabilities at ¥1,377,274,002.79 and non-current liabilities at ¥258,738,075.47 [45]. Shareholder Information - The company distributed a cash dividend of CNY 0.412 per share and increased capital by 0.45 shares per share, totaling CNY 299,762,036.30 in cash dividends [5]. - The total number of shareholders at the end of the reporting period was 28,025, with the largest shareholder holding 65.75% of the shares [8]. Investment and Expenses - Investment income dropped by 56.27% to RMB 32,326,730.71 from RMB 73,927,836.27, primarily due to reduced financial investment returns [13]. - Research and development expenses for Q3 2019 were CNY 83,186,405.49, an increase from CNY 76,213,618.73 in Q3 2018 [26]. - Financial expenses showed a significant decrease of 562.23%, resulting in a cost of RMB -4,636,359.11 compared to RMB 1,003,032.07 in the previous year, primarily due to increased exchange gains [12]. - Other income increased by 500.98% to RMB 10,543,182.36 from RMB 1,754,334.91, mainly due to an increase in government subsidies [12].