Weaver Network(SH:603039)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months was ¥784,945,816.39, representing a 26.11% increase from the same period last year[17]. - Net profit attributable to shareholders of the listed company was ¥71,586,538.25, up 20.91% year-on-year[17]. - Total revenue for Q3 2019 reached ¥279,999,569.15, a 26.4% increase from ¥221,573,450.49 in Q3 2018[53]. - Year-to-date revenue for the first nine months of 2019 was ¥784,945,816.39, up 26.0% from ¥622,450,395.90 in the same period of 2018[53]. - Net profit for Q3 2019 was ¥21,893,738.46, a decrease of 4.3% from ¥22,875,059.31 in Q3 2018[57]. - The company reported a total profit of ¥23,404,368.36 for Q3 2019, compared to ¥22,430,103.54 in Q3 2018, indicating a growth of 4.3%[57]. - Net profit for Q3 2019 was ¥26,609,102.31, up 26.3% from ¥21,053,945.10 in Q3 2018[66]. - Total operating profit for Q3 2019 was ¥25,463,427.95, representing a 34.5% increase from ¥18,999,630.26 in Q3 2018[66]. - Total operating costs for Q3 2019 were ¥267,154,873.24, compared to ¥218,762,419.25 in Q3 2018, reflecting a 22.1% increase[53]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,750,889,112.04, an increase of 8.91% compared to the end of the previous year[17]. - Current liabilities totaled ¥930,811,684.59, compared to ¥859,910,944.05, reflecting an increase of approximately 8.5%[43]. - Total liabilities amounted to ¥930,811,684.59, up from ¥859,910,944.05, indicating an increase of around 8.5%[43]. - Owner's equity reached ¥820,077,427.45, compared to ¥747,731,776.41, reflecting an increase of approximately 9.7%[43]. - The total non-current assets rose to ¥477,625,547.68 from ¥431,193,882.19, indicating an increase of approximately 10.8%[47]. - Total assets rose to ¥1,750,889,112.04, up from ¥1,607,642,720.46, indicating an increase of about 8.85%[43]. - The company reported a total liability of ¥859,910,944.05, with current liabilities at ¥859,910,944.05[83]. - Shareholders' equity totaled ¥747,731,776.41, including ¥379,515,757.06 in undistributed profits[86]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥81,227,725.90, down 10.33% from the previous year[17]. - Cash flow from operating activities for the first three quarters of 2019 was ¥888,284,778.69, compared to ¥744,999,211.78 in the same period of 2018, indicating a growth of 19.3%[68]. - The total cash inflow from operating activities was $931,843,078.87, an increase of 17.9% from $790,214,840.03[72]. - The cash paid for operating activities was $850,615,352.97, which is a 21.6% increase compared to $699,626,416.46[72]. - The net cash flow from investment activities was -$137,391,174.64, improving from -$436,942,637.63 in the previous period[72]. - Cash received from other operating activities increased by 60.66% to RMB 6,840,369.39 due to growth in government grants[31]. Shareholder Information - Net assets attributable to shareholders of the listed company were ¥797,804,464.17, reflecting a growth of 10.18% year-on-year[17]. - The top two shareholders, Wei Lidong and Wei Jinkun, hold 33.09% and 24.24% of the shares, respectively[25]. Investments and Expenses - Long-term equity investments increased by 31.98% to RMB 249,696,872.97 as a result of increased external long-term equity investments[28]. - Research and development expenses for Q3 2019 totaled ¥41,281,927.91, an increase of 25.8% compared to ¥32,809,174.79 in Q3 2018[53]. - Financial expenses decreased by 71.14% to RMB -18,495,381.02 primarily due to an increase in accrued interest on structured deposits[31]. - The investment loss for Q3 2019 was -¥1,772,788.10, compared to a gain of ¥2,413,369.85 in Q3 2018[66]. Government Support - The company received government subsidies amounting to ¥5,682,900.00 during the reporting period[19]. - Operating income from non-operating activities rose by 67.74% to RMB 5,423,859.91 due to increased government subsidies received during the reporting period[31].