BGE(SH:603588)2019-10-17 16:00Financial Performance - Net profit attributable to shareholders was CNY 313,924,430.31, reflecting a growth of 30.06% year-on-year[21]. - Operating revenue for the first nine months was CNY 3,171,297,981.53, up 41.87% from the same period last year[21]. - Basic earnings per share increased by 29.86% to CNY 0.474[23]. - The company reported a net profit of ¥1,506,323,382.11, up from ¥1,225,932,744.20, indicating a year-over-year increase of about 22.9%[49]. - The total comprehensive income for the period was approximately CNY 71.43 million, compared to CNY 59.02 million in the same period last year, reflecting an increase of about 20.5%[67]. - The net profit for Q3 2019 was ¥127,009,878.88, representing a 22.5% increase compared to ¥103,583,717.32 in Q3 2018[57]. - The net cash flow from operating activities was CNY 353.37 million, compared to CNY 145.74 million in the previous year, indicating a significant increase of about 142.5%[69]. Assets and Liabilities - Total assets reached CNY 11,101,721,478.01, an increase of 30.83% compared to the end of the previous year[21]. - Total liabilities reached ¥7,510,296,946.46, up from ¥5,435,708,428.68, indicating a growth of around 38.2%[47]. - Current assets totaled ¥5,159,939,788.53, compared to ¥3,532,151,655.99, reflecting an increase of about 46%[49]. - Non-current assets rose to ¥5,941,781,689.48 from ¥4,953,649,361.71, marking an increase of approximately 20%[49]. - The total liabilities and equity amounted to ¥11,101,721,478.01, consistent with the total assets, confirming the balance sheet integrity[49]. - The total assets amounted to $8.49 billion, with current assets totaling $3.53 billion[76]. - The total liabilities reached $5.44 billion, with current liabilities at $3.71 billion[79]. Shareholder Information - The company reported a total of 28,534 shareholders at the end of the reporting period[26]. - The top shareholder, Li Weiguo, holds 151,168,373 shares, accounting for 22.43% of the total[26]. - The total owner's equity (shareholder's equity) was CNY 3,050,092,589.02[82]. Cash Flow - Net cash flow from operating activities amounted to CNY 353,367,359.13, a significant increase of 142.46% year-on-year[21]. - Cash inflows from operating activities totaled CNY 3.79 billion, up from CNY 2.64 billion year-over-year, representing a growth of approximately 43.3%[69]. - The ending balance of cash and cash equivalents was CNY 997.91 million, compared to CNY 554.39 million at the end of the same period last year, marking an increase of approximately 80.0%[71]. - The net cash flow from investing activities was -$525.73 million, compared to -$842.02 million in the previous period[73]. Research and Development - R&D expenses increased by 55.92% to ¥10,016.52, reflecting increased investment in research and development[37]. - Research and development expenses for Q3 2019 were ¥37,330,336.19, significantly higher than ¥21,394,734.43 in Q3 2018[57]. - Research and development expenses for Q3 2019 were approximately ¥29.93 million, a significant increase of 130.5% compared to ¥12.96 million in Q3 2018[62]. Government Support - The company received government subsidies amounting to CNY 15,802,179.59 during the first nine months[24]. - Other income surged by 327.72% to ¥2,238.43, mainly due to government subsidies and tax refunds received during the reporting period[37]. Future Plans - The company plans to continue expanding its market presence and investing in new technologies and products[56]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[64].