GOLDENSEA(SH:603311)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months rose by 16.75% to CNY 504,454,264.94 year-on-year[7] - Net profit attributable to shareholders increased by 5.34% to CNY 65,509,360.03 for the first nine months[7] - Cash flow from operating activities netted CNY 61,197,862.15, reflecting a 4.24% increase compared to the same period last year[7] - Basic earnings per share rose by 3.33% to CNY 0.31[8] - Revenue for the first nine months increased by 16.75%, reaching RMB 504,454,264.94 compared to RMB 432,080,179.14 in the same period last year[13] - Operating profit grew by 10.62%, from RMB 70,908,946.64 to RMB 78,436,315.96, driven by higher main business income[13] - Net profit for the first three quarters of 2019 was ¥72,503,153.82, compared to ¥65,376,162.40 in the same period of 2018, indicating an increase of 10.5%[22] - The total profit for Q3 2019 was ¥19,039,745.95, compared to ¥15,672,269.78 in Q3 2018, marking an increase of around 21.5%[23] - The total profit for the first three quarters of 2019 was CNY 54.55 million, representing a growth of 3.3% compared to CNY 52.67 million in the same period of 2018[27] Assets and Liabilities - Total assets increased by 18.37% to CNY 1,196,870,228.01 compared to the end of the previous year[7] - The total assets of the company reached RMB 1,196,870,228.01, up from RMB 1,011,133,880.15 at the end of the previous year[15] - Total assets as of September 30, 2019, amounted to ¥1,015,785,731.46, a rise from ¥884,279,345.05 at the end of 2018, representing a growth of 14.9%[20] - Total liabilities increased to ¥347,912,792.88 in Q3 2019 from ¥231,508,989.80 in Q3 2018, marking a significant increase of 50.3%[20] - Total liabilities reached ¥257,671,823.02, with current liabilities totaling ¥249,070,383.10[38] Cash Flow - The company reported a net cash inflow from operating activities of RMB 61,197,862.15, reflecting a 4.24% increase compared to the previous period[13] - In Q3 2019, the net cash flow from operating activities was ¥25,911,486.96, a decrease from ¥54,165,418.97 in the same period last year, indicating a decline of approximately 52%[34] - The total cash inflow from operating activities was ¥324,946,332.67, slightly down from ¥333,115,032.06 in the previous year[34] - The net cash flow from financing activities was ¥60,716,952.59, compared to -¥10,896,783.13 in the previous year, showing a significant improvement[34] Shareholder Information - The total number of shareholders reached 18,398[10] - The largest shareholder, Huitou Holdings Group Co., Ltd., holds 50.7% of shares, with 36,074,200 shares pledged[10] Expenses - Total operating costs for Q3 2019 were ¥137,066,131.98, up from ¥121,419,877.59 in Q3 2018, reflecting a growth of 12.9%[22] - The company's total expenses for Q3 2019 were ¥456,856.37, an increase from ¥183,531.34 in Q3 2018, reflecting a rise of approximately 148.5%[23] - The total operating costs for the first three quarters of 2019 were CNY 249.53 million, an increase of 12.2% from CNY 222.37 million in the same period of 2018[27] Research and Development - Research and development expenses for the first three quarters of 2019 were ¥10,642,664.79, down 19.1% from ¥13,146,952.96 in the same period of 2018[22] - Research and development expenses increased to CNY 14.58 million in the first three quarters of 2019, up 10.9% from CNY 13.15 million in the same period of 2018[27] Financial Ratios - The weighted average return on equity decreased by 0.06 percentage points to 8.4%[8] - Financial expenses turned negative, increasing from RMB -1,651,482.37 to RMB 1,377,081.68, primarily due to increased interest from bank loans[13] Other Income - Non-operating income for the first nine months totaled CNY 5,724,616.07[9] - The company reported other income of CNY 2.78 million in the first three quarters of 2019, compared to CNY 2.19 million in the same period of 2018[27]