DFSS(SH:603377)2019-10-17 16:00Financial Performance - Operating revenue for the first nine months rose by 5.90% to CNY 855,264,978.15 compared to the same period last year[6] - Net profit attributable to shareholders was CNY 191,286,765.80, showing a slight increase of 0.02% year-on-year[6] - Net profit after deducting non-recurring gains and losses surged by 88.67% to CNY 141,544,221.53 compared to the same period last year[6] - Total revenue for Q3 2019 reached ¥335,228,076.35, an increase of 17.6% compared to ¥284,845,413.36 in Q3 2018[28] - Year-to-date revenue for the first three quarters of 2019 was ¥855,264,978.15, up from ¥807,650,249.46 in the same period of 2018, reflecting a growth of 5.9%[28] - Net profit attributable to shareholders of the parent company for Q3 2019 was CNY 89,934,619.24, up 16.5% from CNY 77,173,912.91 in Q3 2018[33] - The company reported a total profit of CNY 139,944,080.02 for Q3 2019, an increase of 48.3% from CNY 94,388,509.42 in Q3 2018[35] - The total comprehensive income for Q3 2019 was CNY 93,407,891.99, compared to CNY 100,253,023.86 in Q3 2018, showing a decrease of 6.8%[33] Assets and Liabilities - Total assets increased by 4.87% to CNY 4,206,232,074.17 compared to the end of the previous year[6] - The total liabilities as of September 30, 2019, are ¥2,129,437,971.57, compared to ¥1,944,856,912.25 at the end of 2018, reflecting increased financial obligations[22] - The company’s total equity stands at ¥2,076,794,102.60, slightly up from ¥2,066,015,054.18 at the end of 2018, indicating stable shareholder value[23] - Current assets total ¥1,272,473,719.36, down from ¥1,439,621,271.10 at the end of 2018, primarily due to changes in cash and other receivables[21] - The company’s long-term borrowings increased to ¥286,000,000.00 from ¥150,000,000.00, indicating a strategy to leverage for growth[22] - The inventory value increased to ¥790,939,026.99 from ¥760,631,923.69, suggesting a potential buildup in stock levels[21] Cash Flow - Cash flow from operating activities decreased by 26.84% to CNY 429,022,160.08 compared to the previous year[6] - The net cash flow from operating activities for the current period is ¥429,022,160.08, a decrease of 26.84% compared to the previous period due to reduced inflow from receivables[17] - Cash inflow from operating activities totaled CNY 1.29 billion for the first nine months of 2019, compared to CNY 1.74 billion in the same period of 2018, indicating a decrease of 25.7%[38] - Cash outflow from operating activities was CNY 861.65 million for the first nine months of 2019, down from CNY 1.15 billion in the same period of 2018, a reduction of 25.2%[38] - The ending cash and cash equivalents balance as of September 30, 2019, was CNY 320.65 million, down from CNY 448.52 million at the end of the same period in 2018[39] - The company reported cash received from sales and services of CNY 946.19 million for the first nine months of 2019, an increase from CNY 864.14 million in the same period of 2018, representing a growth of 9.5%[38] Shareholder Information - The total number of shareholders at the end of the reporting period is 6,460[11] - The largest shareholder, Dongfang Shishang Investment Co., Ltd., holds 333,271,250 shares, accounting for 56.68% of total shares[12] Expenses and Investments - Financial expenses rose by 59.11% to 29,958,563.03 thousand RMB due to increased bank loans and interest[16] - Investment income decreased by 65.24% to 2,241,063.07 thousand RMB, attributed to reduced bank wealth management product purchases[16] - Research and development expenses for Q3 2019 were ¥4,537,545.65, consistent with ¥4,551,786.56 in Q3 2018, showing stability in R&D investment[30] - The company plans to continue expanding its market presence and investing in new technologies to enhance service offerings in the upcoming quarters[34]