EBEM(SH:603002)2019-10-28 16:00Financial Performance - Operating revenue for the period from January to September was CNY 1,204,120,956.90, down 9.47% year-on-year[17] - Net profit attributable to shareholders for the same period was CNY 45,013,149.01, a decrease of 6.47% compared to the previous year[17] - Basic and diluted earnings per share were both CNY 0.07, down 12.50% from the previous year[17] - The company reported a net loss of CNY 17,245.83 from the disposal of non-current assets during the period[20] - The company recorded a 103.24% increase in other income to ¥8,144,828.90, mainly from government subsidies related to operating activities[29] - The company reported a net profit margin improvement, with retained earnings increasing from ¥338,436,067.88 to ¥358,258,337.19, an increase of approximately 5.4%[49] - The company reported a total profit of ¥26,222,363.06 for Q3 2019, compared to ¥15,453,751.96 in Q3 2018, reflecting a growth of 69.5%[60] - The total comprehensive income for Q3 2019 was ¥23,932,466.81, compared to ¥13,505,003.85 in Q3 2018, indicating a significant increase[63] Cash Flow - The net cash flow from operating activities for the first nine months was negative CNY 54,127,306.94, a decline of 153.75% year-on-year[17] - Operating cash inflow totaled CNY 1,400,456,365.55, a decrease from CNY 1,461,942,621.49 in the previous period[76] - Operating cash outflow amounted to CNY 1,454,583,672.49, compared to CNY 1,361,242,360.16 previously, resulting in a net cash flow from operating activities of -CNY 54,127,306.94[76] - Investment activities generated a net cash flow of -CNY 3,999,634.15, significantly improved from -CNY 105,563,560.33 in the prior period[76] - Financing activities resulted in a net cash flow of CNY 6,180,495.88, a recovery from -CNY 51,939,867.88 previously[81] - The company received CNY 3,847,520.28 in tax refunds, a significant increase from CNY 236,382.93 previously[78] - The company paid CNY 32,424,192.31 in dividends and interest, down from CNY 43,037,226.48 in the previous period[80] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,760,212,760.94, a decrease of 10.18% compared to the end of the previous year[17] - Total liabilities decreased from ¥849,642,193.51 to ¥630,166,520.62, a reduction of approximately 25.8%[45] - Current liabilities decreased from ¥801,878,470.25 to ¥591,044,354.17, a decline of about 26.2%[45] - Non-current liabilities decreased from ¥47,763,723.26 to ¥39,122,166.45, a decrease of approximately 18.2%[45] - Cash and cash equivalents decreased from ¥265,476,452.81 to ¥209,064,883.55, a reduction of about 21.2%[47] - Accounts receivable decreased from ¥293,781,839.15 to ¥207,234,315.00, a decline of approximately 29.5%[47] - Inventory levels fell by 48.60% to ¥86,109,078.68, driven by increased market demand for epoxy resin[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 34,950[26] - The largest shareholder, EPOXY BASE INVESTMENT HOLDING LTD., held 253,702,000 shares, accounting for 41.29% of the total shares[26] Future Outlook - The company anticipates uncertainties in future market prices and sales conditions, urging investors to be aware of investment risks[34] - The company plans to focus on market expansion and new product development in the upcoming quarters[49] Research and Development - Research and development expenses for Q3 2019 were ¥7,154,725.90, an increase of 8.1% from ¥6,619,994.07 in Q3 2018[60] - Research and development expenses increased to ¥5,487,761.51 in Q3 2019 from ¥4,328,477.26 in Q3 2018, marking an increase of about 26.8%[67]