EmbedWay(SH:603496)2019-10-29 16:00Financial Performance - Operating revenue for the period was ¥332,905,718.21, a decrease of 1.31% compared to the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥71,436,589.67, down 13.57% year-on-year[18]. - The net profit after deducting non-recurring gains and losses was ¥67,106,902.11, a decrease of 14.94% compared to the previous year[21]. - The weighted average return on net assets was 9.09%, a decrease of 2.84 percentage points from the previous year[21]. - Basic earnings per share were ¥0.3506, down 40.27% year-on-year[21]. - Diluted earnings per share were ¥0.3479, a decrease of 40.59% compared to the same period last year[21]. - The company reported a significant increase in other income by 90.82% to ¥19,803,314.58 from ¥10,378,023.42, mainly due to increased VAT refunds and government subsidies[33]. - The company reported a decrease in sales expenses to CNY 6,147,811.99 in Q3 2019 from CNY 3,757,965.59 in Q3 2018, indicating a rise of 63.4%[55]. - Net profit for Q3 2019 was CNY 17,420,436.73, down 51.4% from CNY 35,825,211.54 in Q3 2018[59]. - Total revenue for Q3 2019 was CNY 100,369,528.51, a decrease of 15.4% compared to CNY 118,750,136.06 in Q3 2018[63]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥982,316,455.59, an increase of 7.52% compared to the end of the previous year[18]. - Total liabilities were RMB 170,598,571.79, up from RMB 160,569,840.47, representing an increase of about 6.4%[45]. - Total current assets amounted to ¥737,697,839.67, with inventory valued at ¥175,716,466.37[86]. - Total non-current assets reached ¥175,942,970.19, including fixed assets of ¥135,077,941.23[86]. - Total liabilities reached ¥254,247,873.63, indicating a stable financial structure[98]. - The company reported long-term equity investments of ¥20,621,551.00, indicating strategic investments in other entities[96]. Cash Flow - The net cash flow from operating activities was -¥35,349,385.20, compared to -¥13,487,366.86 in the same period last year, indicating a worsening cash flow situation[18]. - Cash inflow from sales of goods and services was 276,444,934.91 RMB, down from 303,846,089.25 RMB, indicating a decline in revenue generation[79]. - Total cash inflow from operating activities was 311,000,403.67 RMB, while cash outflow was 346,349,788.87 RMB, resulting in a net cash outflow of 35,349,385.20 RMB[75]. - Cash inflow from investment activities totaled 28,451,491.64 RMB, significantly lower than 377,465,030.97 RMB in the previous period, reflecting reduced investment recovery[75]. - The net cash flow from investment activities was 332,537.63 RMB, an improvement from -2,961,998.68 RMB previously, indicating better investment performance[75]. Shareholder Information - The total number of shareholders is 14,401, with the top three shareholders holding a combined 37.38% of shares[30]. - Shareholders' equity reached RMB 811,717,883.80, compared to RMB 753,070,969.39, indicating a growth of approximately 7.8%[45]. - The company reported a capital reserve of ¥366,977,103.62, contributing to its equity structure[89]. - The company has a short-term loan of ¥15,000,000.00, reflecting its financing strategy[89]. Expenses - Research and development expenses increased by 35.31% to ¥76,996,120.86 from ¥56,903,252.81, attributed to a rise in the number of R&D personnel and their salaries[33]. - Sales expenses surged by 74.50% to ¥16,997,562.17 from ¥9,740,565.10, driven by increased market expansion efforts and higher salaries for sales personnel[33]. - The company experienced a significant reduction in management expenses, which fell to CNY 10,116,221.35 in Q3 2019 from CNY 12,286,766.92 in Q3 2018[67].