SGC(SH:603269)2019-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 382,433,033.74, an increase of 11.46% year-on-year[6] - Net profit attributable to shareholders for the first nine months was CNY 18,485,650.17, reflecting a year-on-year increase of 1.82%[6] - Total operating revenue for Q3 2019 reached ¥102,116,607.96, an increase of 8.7% compared to ¥94,475,691.18 in Q3 2018[32] - Net profit for Q3 2019 was ¥6,808,722.72, a decrease of 12.1% from ¥7,747,796.07 in Q3 2018[34] - The total profit for the first three quarters of 2019 was ¥17,050,829.90, compared to ¥9,676,180.28 in the same period of 2018, showing a significant increase[37] Cash Flow - The net cash flow from operating activities showed a significant decline, with a net outflow of CNY 56,395,130.79, a decrease of 1,128.58% compared to the same period last year[6] - The net cash flow from operating activities for the first nine months of 2019 was CNY -39,999,456.55, worsening from CNY -10,676,601.89 in the previous year[44] - Total cash inflow from financing activities was CNY 227,426,404.26, up from CNY 160,328,448.23 in Q3 2018, representing an increase of about 42%[42] - Net cash flow from financing activities improved to CNY 24,070,436.74 from CNY 3,685,534.71 year-over-year, showing a positive trend[42] - The net cash flow from investment activities was -¥42,930,571.18, a decrease of 153.65% compared to ¥80,015,929.10 in the previous period[18] Assets and Liabilities - Total assets increased by 7.41% to CNY 1,525,393,908.37 compared to the end of the previous year[6] - Total liabilities rose to ¥858,101,767.23, compared to ¥764,025,057.48, indicating an increase of approximately 12.3%[25] - Current assets totaled ¥1,216,646,423.53, an increase from ¥1,149,340,758.82, reflecting a growth of about 5.8%[24] - Non-current assets totaled ¥308,747,484.84, an increase from ¥270,771,364.01, representing a growth of approximately 14.0%[24] - Total current liabilities amounted to ¥800,334,202.08, up from ¥708,137,804.96, indicating an increase of about 12.9%[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,811[10] - The largest shareholder, Jin Ao Da, holds 19.16% of the shares, totaling 17,525,000 shares[10] - The total equity attributable to shareholders increased to ¥660,913,007.37 from ¥649,924,081.99, reflecting a growth of approximately 1.5%[26] Expenses - The company's management expenses rose by 41.33% to ¥46,134,584.44, attributed to increased costs in project expenses and depreciation[15] - Financial expenses surged by 143.20% to ¥3,550,944.38, mainly due to higher loan interest[15] - The company reported a 33.40% increase in income tax expenses to ¥6,936,410.10, reflecting higher profits and a 25% applicable tax rate[15] Research and Development - Research and development expenses for Q3 2019 were ¥2,937,905.07, compared to ¥2,398,100.44 in Q3 2018, reflecting a 22.4% increase[33] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company plans to proceed with a public offering of securities, pending approval from the China Securities Regulatory Commission[20] - The company has authorized its board to handle matters related to land storage and relocation of its subsidiary[18]