SQTEG(SH:603339)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 35.78% to CNY 91,740,028.67 for the year-to-date period[6] - Basic earnings per share decreased by 36.23% to CNY 0.44[7] - The weighted average return on net assets decreased by 3.89 percentage points to 5.45%[7] - Total revenue for Q3 2019 was ¥250,895,665.57, a decrease of 24.4% compared to ¥332,386,242.79 in Q3 2018[25] - Net profit for the first three quarters of 2019 was ¥291,933,985.34, compared to ¥300,314,499.26 in the same period of 2018, reflecting a decrease of 2.5%[23] - The net profit for Q3 2019 was ¥26,297,584.29, down from ¥61,120,058.15 in Q3 2018, representing a decline of 56.9%[28] - The total profit for Q3 2019 was ¥28,868,197.65, compared to ¥69,296,462.47 in Q3 2018, indicating a decrease of 58.4%[27] - The total profit for the first three quarters of 2019 was ¥166,653,956.46, down from ¥314,175,855.85 in the same period of 2018, a decline of 47.0%[27] Cash Flow - Operating cash flow improved significantly, with a net cash flow from operating activities of CNY 181,162,682.37, a 227.42% increase compared to the same period last year[6] - The net cash flow from operating activities improved by 227.42% to ¥181,162,682.37, attributed to increased cash received from sales[14] - Cash flow from operating activities for the first nine months of 2019 was CNY 181,162,682.37, a turnaround from a negative cash flow of CNY -142,179,592.88 in the same period of 2018[33] - Net cash flow from operating activities for the first three quarters of 2019 was CNY 89.48 million, down 45.5% from CNY 164.03 million in 2018[36] - The company reported a net cash inflow from financing activities of CNY 152,921,101.39 in Q3 2019, compared to a net outflow of CNY -32,509,825.00 in Q3 2018[34] Assets and Liabilities - Total assets increased by 17.80% to CNY 2,416,376,302.85 compared to the end of the previous year[6] - The company's total assets reached ¥2,416,376,302.85, up from ¥2,051,223,456.86 at the beginning of the year[18] - The total liabilities increased to ¥697,661,756.59 from ¥405,997,436.79, reflecting a significant rise in short-term borrowings[18] - The company's total equity rose to ¥1,718,714,546.26, compared to ¥1,645,226,020.07 at the end of the previous year[18] - Total current assets as of Q3 2019 amounted to CNY 1.39 billion, unchanged from the previous year[40] - Total assets as of Q3 2019 were CNY 2.05 billion, consistent with the previous year[40] - Total liabilities as of Q3 2019 were CNY 405.99 million, remaining stable compared to the previous year[41] Shareholder Information - The total number of shareholders reached 20,884, with the top ten shareholders holding a combined 54.27% of shares[12] - The largest shareholder, Huang Jie, holds 39.96% of the shares[12] Investment and Expenses - The company reported non-recurring gains and losses of CNY 4,150,093.00 for the year-to-date period[7] - Long-term prepaid expenses surged by 4444.16% to ¥3,760,626.00 primarily due to increased renovation costs[13] - Financial expenses decreased by 49.91% to -¥14,446,462.80, mainly due to increased interest expenses and reduced exchange gains[13] - Investment income plummeted by 14314.90% to -¥7,539,739.50, primarily due to the impact of foreign exchange forward contracts[13] - Research and development expenses for Q3 2019 were ¥4,458,508.26, an increase of 39.5% from ¥3,197,016.07 in Q3 2018[29] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company has implemented new financial instrument standards since January 1, 2019, affecting the reporting of financial assets and liabilities[42]