A-Zenith(SH:603389)2019-10-28 16:00Financial Performance - Operating revenue for the period was CNY 271,866,012.20, a decline of 6.98% year-on-year[7] - Net profit attributable to shareholders was CNY -41,758,426.31, compared to CNY -20,932,896.14 in the same period last year[7] - Basic and diluted earnings per share were both CNY -0.16, compared to CNY -0.08 in the previous year[8] - The company expects a significant change in net profit compared to the previous year, indicating potential losses[21] - Net profit for Q3 2019 was a loss of ¥11,985,975.50, compared to a loss of ¥3,744,236.72 in Q3 2018, reflecting a deterioration in performance[36] - Total operating revenue for the first three quarters of 2019 was ¥271,866,012.20, down from ¥292,277,887.31 in the same period of 2018, representing a decline of approximately 6.9%[35] Cash Flow - Cash flow from operating activities was CNY -18,306,385.20, showing an improvement from CNY -87,636,011.58 in the same period last year[7] - Cash inflow from operating activities for the first three quarters of 2019 was CNY 346,068,468.28, a decrease of 10.3% compared to CNY 385,689,368.47 in the same period of 2018[42] - Net cash outflow from operating activities for the first three quarters of 2019 was CNY -18,306,385.20, an improvement from CNY -87,636,011.58 in the same period of 2018[43] - Cash inflow from investment activities for the first three quarters of 2019 was CNY 63,027,146.88, down 79.5% from CNY 308,112,460.65 in 2018[43] - Cash and cash equivalents at the end of Q3 2019 were CNY 77,720,576.19, a significant decrease from CNY 156,702,279.41 at the end of Q3 2018[43] Assets and Liabilities - Total assets decreased by 5.80% to CNY 894,308,481.07 compared to the end of the previous year[7] - The total monetary funds decreased by 60.47% from the beginning of the year, primarily due to investments in financial products and fixed assets[14] - Total liabilities decreased to ¥163,380,112.25 from ¥174,268,035.44, a reduction of about 6.1%[28] - Shareholders' equity decreased to ¥730,928,368.82 from ¥775,146,936.81, reflecting a decline of approximately 5.7%[28] - Current assets totaled ¥455,180,978.53, down from ¥510,923,536.03, indicating a decrease of about 10.9%[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,753[11] - The largest shareholder, Shanghai Yazhen Investment Co., Ltd., held 64.12% of the shares[11] Research and Development - Research and development expenses decreased by 9.30% compared to the same period last year[22] - Research and development expenses for Q3 2019 were ¥6,700,603.70, slightly down from ¥6,914,637.03 in Q3 2018, showing a decrease of about 3.1%[35] Other Financial Metrics - Government subsidies recognized during the period amounted to CNY 371,163.74[9] - Non-recurring gains and losses totaled CNY 870,133.08 for the period[10] - The company reported a total of ¥20,093,774.65 in other receivables, up from ¥16,716,711.65, indicating an increase of about 20.5%[26] - The company reported a total of ¥2,760,087.54 in other non-current liabilities, up from ¥2,397,810.93 in the previous year, indicating an increase of about 15.1%[32]