JACK(SH:603337)2019-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 31.86% to CNY 25,264.83 million year-on-year[17] - Operating revenue for the first nine months decreased by 9.63% to CNY 291,590.99 million compared to the same period last year[17] - Basic earnings per share decreased by 32.14% to CNY 0.57 compared to the same period last year[19] - The weighted average return on net assets decreased by 6.43 percentage points to 9.97%[19] - The company reported a loss of CNY 40,248,369.61 from non-operating income and expenses for the current period[19] - Total operating revenue for Q3 2019 was CNY 863,659,590.83, a decrease of 26.6% compared to CNY 1,176,078,890.69 in Q3 2018[49] - Net profit for Q3 2019 was CNY 62,089,478.92, a decline of 58.8% from CNY 150,770,360.70 in Q3 2018[49] - The company reported a total comprehensive income of CNY 61,076,826.64 for Q3 2019, compared to CNY 154,631,417.61 in Q3 2018, a decrease of 60.5%[52] - The net profit for Q3 2019 was ¥2,366,503.79, a significant decline from ¥76,111,545.24 in Q3 2018, representing a decrease of 96.9%[56] - The total profit for Q3 2019 was ¥2,867,819.18, a decrease of 96.8% compared to ¥89,457,496.20 in Q3 2018[56] Assets and Liabilities - Total assets increased by 7.87% to CNY 429,130.88 million compared to the end of the previous year[17] - Total liabilities increased significantly, with short-term borrowings reaching CNY 223,391,053.55, a substantial rise from CNY 22,140,181.13[36] - The total liabilities increased to CNY 1,633,210,778.60 from CNY 1,440,699,845.36, representing a growth of approximately 13.4% year-over-year[39] - The total assets reached CNY 3,581,032,668.66, up from CNY 3,254,733,633.92, indicating an increase of about 10%[44] - Total liabilities reached CNY 1,440,699,845.36, with current liabilities at CNY 1,155,431,161.82 and non-current liabilities at CNY 285,268,683.54[72] - The company reported accounts payable of CNY 726,000,548.03, reflecting its obligations to suppliers[72] Cash Flow - Net cash flow from operating activities increased significantly by 464.77% to CNY 24,157.86 million year-on-year[17] - Cash and cash equivalents increased by 32.97% to CNY 241,670,586.31 from CNY 181,752,084.87[25] - Net cash flow from operating activities increased by 464.77% to CNY 241,578,568.64 from CNY 42,774,723.05[28] - The total cash inflow from operating activities for the first three quarters of 2019 was ¥2,906,070,164.43, down from ¥3,090,547,232.45 in the same period of 2018, reflecting a decrease of 6.0%[60] - Cash flow from operating activities showed a net increase of ¥50,537,293.15, down from ¥90,982,449.02[64] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,468[22] - The largest shareholder, Taizhou Jack Investment Co., Ltd., holds 42.61% of the shares[22] - The total equity attributable to shareholders increased to CNY 2,597,746,748.83 from CNY 2,490,164,213.07, showing an increase of approximately 4.4%[39] - Total equity decreased to CNY 2,046,858,957.92 in 2019 from CNY 2,082,539,942.47 in 2018, a decline of 1.7%[49] Investments and Expenses - Investment income decreased by 43.50% to CNY 19,886,592.48 from CNY 35,195,106.76[27] - Research and development expenses for Q3 2019 were CNY 45,977,591.55, down 18.6% from CNY 56,480,086.96 in Q3 2018[49] - R&D expenses in the first three quarters of 2019 were ¥98,982,006.39, a decrease of 15.2% from ¥116,706,770.00 in the same period of 2018[54] Government Support - The company received government subsidies amounting to CNY 3,888,100.24 during the reporting period[19]