Thinkingdom Media (SH:603096)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months was ¥693,096,888.97, reflecting a growth of 2.53% year-on-year[7] - Net profit attributable to shareholders for the first nine months was ¥200,226,907.69, up by 7.02% compared to the same period last year[7] - Basic earnings per share increased to ¥1.48, representing a growth of 6.47% year-on-year[8] - The company reported a net profit of ¥158,782,528.03 for the third quarter, an increase of 6.52% year-on-year[7] - Total operating revenue for Q3 2019 was CNY 219,053,388.60, a decrease of 5.5% compared to CNY 231,503,266.00 in Q3 2018[28] - Net profit for Q3 2019 reached CNY 81,934,995.64, an increase of 3.6% from CNY 79,088,003.61 in Q3 2018[29] - The total profit before tax for Q3 2019 was CNY 109,787,722.26, an increase of 5.4% from CNY 103,683,170.11 in Q3 2018[29] Cash Flow - The net cash flow from operating activities for the first nine months was ¥145,233,312.11, a significant recovery from a loss of ¥12,016,691.22 in the same period last year[7] - Cash flow from operating activities for the first nine months of 2019 was ¥676,761,898.69, up from ¥568,126,982.86 in the same period of 2018, representing an 18.9% increase[36] - Net cash flow from operating activities for the first nine months of 2019 was CNY 119,117,772.61, compared to a negative cash flow of CNY -2,458,366.17 in the same period of 2018[40] - Cash inflow from investment activities in Q3 2019 totaled CNY 2,423,897,686.43, up from CNY 1,930,582,813.06 in Q3 2018, indicating a growth of about 25.6%[37] - The net cash flow from financing activities for the first nine months of 2019 was CNY -81,184,800.00, worsening from CNY -51,869,280.00 in the same period of 2018[41] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,064,221,787.91, an increase of 4.01% compared to the end of the previous year[7] - The total liabilities decreased from CNY 204,071,810.15 to CNY 156,200,268.97, reflecting a reduction of approximately 23.5%[22] - The equity attributable to shareholders rose from CNY 1,744,571,147.50 to CNY 1,878,245,240.88, marking an increase of around 7.7%[22] - The company's current assets totaled CNY 1,950,970,228.95, compared to CNY 1,826,693,701.86 at the end of 2018, indicating an increase of about 6.8%[20][22] - The total liabilities to equity ratio improved from 0.114 to 0.082, indicating a stronger financial position[22] Shareholder Information - Total number of shareholders is 4,158[13] - The largest shareholder, Chen Mingjun, holds 71,584,445 shares, representing 52.9% of total shares, with 9,050,000 shares pledged[13] Research and Development - R&D expenses for the first nine months of 2019 were ¥2,500,701.78, a decrease of 34.54% year-on-year due to reduced labor costs[16] - Research and development expenses for Q3 2019 were CNY 850,276.31, a significant decrease of 47.5% from CNY 1,620,845.71 in Q3 2018[28] Other Financial Metrics - Non-recurring gains and losses included government subsidies amounting to ¥36,643,377.67, closely related to normal business operations[9] - The company reported a significant increase in asset impairment losses, which rose by 313.01% to -¥1,687,418.96, primarily due to increased inventory write-downs[17] - Other comprehensive income increased by ¥2,027,469.49, a growth of 96.38%, mainly due to foreign currency translation differences[15]