CASHWAY(SH:603106)2019-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 515,698,885.34, a decrease of 25.77% year-on-year [5]. - Net profit attributable to shareholders was a loss of CNY 27,189,285.86, representing a decline of 154.38% compared to the same period last year [5]. - Basic and diluted earnings per share were both CNY -0.0679, a decrease of 154.36% year-on-year [6]. - Total profit for the first three quarters of 2019 was a loss of approximately 29.21 million, compared to a profit of 59.98 million in the same period of 2018 [29]. - Net profit for Q3 2019 was a loss of approximately 27.75 million, compared to a profit of 4.74 million in Q3 2018, indicating a significant decline [29]. - The company reported a net profit margin decline, with undistributed profits at CNY 310,023,312.10 compared to CNY 353,252,137.90, a decrease of approximately 12.2% [26]. Cash Flow - The net cash flow from operating activities for the first nine months was a negative CNY 223,688,406.81, compared to a negative CNY 158,860,295.31 in the previous year [5]. - The net cash flow from operating activities for the first three quarters of 2019 was a negative ¥223.69 million, worsening from a negative ¥158.86 million in the same period of 2018 [39]. - Cash inflow from investment activities for the first three quarters of 2019 was approximately ¥1.36 billion, down from ¥1.83 billion in the same period of 2018 [39]. - The cash flow from financing activities showed a net outflow of -18,471,065.88 RMB in 2019, compared to -7,223,462.84 RMB in 2018, indicating a worsening financing position [43]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,340,817,189.83, an increase of 0.94% compared to the end of the previous year [5]. - The company's cash and cash equivalents decreased by 40.27% from CNY 529,660,863.34 at the beginning of the year to CNY 316,373,840.43 [14]. - The total current assets decreased from CNY 2,022,674,514.69 to CNY 1,982,910,061.27, indicating a slight contraction in overall liquidity [19]. - Current liabilities totaled CNY 462,886,045.89, up from CNY 395,961,956.58, representing an increase of about 16.8% [25]. - Total liabilities increased to CNY 730,252,019.60 from CNY 662,222,275.11, representing an increase of about 10.3% [25]. - Owner's equity decreased to CNY 1,612,972,621.55 from CNY 1,656,186,000.04, showing a decline of approximately 2.6% [26]. Investments and Expenses - The company reported a substantial increase in construction in progress, which surged by 1,748.06% to CNY 19,419,976.58, reflecting increased investment in production facilities [14]. - Research and development expenses for Q3 2019 were approximately 21.99 million, compared to 20.08 million in Q3 2018, reflecting a 9.5% increase [28]. - The company experienced a significant increase in sales expenses, which rose to approximately 50.68 million in Q3 2019 from 28.01 million in Q3 2018, a 80.9% increase [28]. - The company reported an investment income of approximately 11.14 million in Q3 2019, compared to 7.81 million in Q3 2018, marking a 42.5% increase [28]. Shareholder Information - The total number of shareholders at the end of the reporting period was 40,659 [11]. - The company reported a total of CNY 17,426,437.64 in non-recurring gains and losses for the first nine months [10].