Junhe(SH:603617)2019-10-29 16:00Financial Performance - Operating income for the first nine months was CNY 470,348,070.47, a slight increase of 0.19% compared to the same period last year[6] - Net profit attributable to shareholders decreased by 2.39% to CNY 54,344,958.35 year-on-year[6] - Basic earnings per share remained stable at CNY 0.39, while diluted earnings per share decreased by 2.56% to CNY 0.38[7] - Total operating revenue for Q3 2019 was ¥105,907,460.65, a decrease of 10.0% compared to ¥118,083,216.18 in Q3 2018[27] - Net profit for Q3 2019 was ¥12,751,433.45, an increase of 4.3% from ¥12,226,157.51 in Q3 2018[29] - The total profit for Q3 2019 was ¥14,132,361.38, compared to ¥13,386,239.25 in Q3 2018, reflecting an increase of 5.6%[29] - The total profit for the first three quarters of 2019 was CNY 69,652,722.76, compared to CNY 46,052,814.55 in the same period of 2018, an increase of 51.3%[34] Assets and Liabilities - Total assets increased by 1.06% to CNY 853,100,746.38 compared to the end of the previous year[6] - Total liabilities decreased to CNY 283,359,654.03 from CNY 319,425,341.23, a reduction of 11.3%[21] - The company's total assets reached CNY 853,100,746.38, slightly up from CNY 844,116,751.80[22] - Non-current assets increased to CNY 299,278,396.82, up from CNY 277,299,856.65, marking a growth of 7.9%[20] - The total liabilities as of Q3 2019 amounted to ¥337,284,159.18, a decrease from ¥398,829,704.77 in the previous year[25] - Total equity increased to ¥512,128,100.88 in Q3 2019, compared to ¥457,109,805.93 in Q3 2018, marking an increase of 12.0%[25] Cash Flow - Net cash flow from operating activities decreased by 26.91% to CNY 93,121,409.38 compared to the same period last year[6] - Cash inflow from operating activities for Q3 2019 was CNY 559,758,989, a decrease of 2.26% from CNY 572,048,899 in Q3 2018[38] - Net cash flow from operating activities for the first three quarters of 2019 was CNY 80,329,051, down 49.69% from CNY 159,468,022 in the same period of 2018[41] - Cash inflow from investment activities in Q3 2019 totaled CNY 221,163,651, compared to CNY 268,715,736 in Q3 2018, reflecting a decrease of 17.66%[42] - The ending cash and cash equivalents balance for Q3 2019 was CNY 258,672,633, up from CNY 195,915,770 in Q3 2018[39] Shareholder Information - The total number of shareholders reached 12,724, with the largest shareholder holding 52.66% of the shares[10] - The company distributed cash dividends of CNY 2.10 per 10 shares, totaling CNY 21,375,690.00, and increased capital stock by 40,715,600 shares[7] Investments and Projects - The company plans to raise up to ¥210 million through the issuance of convertible bonds for a project to produce 3.75 million pumps annually[13] - The construction in progress increased by 127.23% to ¥57,975,872.32, attributed to the commencement of external investment projects[12] - The company expects improved operating income and net profit after the investment project is completed, positively impacting overall performance[17] Financial Adjustments - The company reported a government subsidy of CNY 3,409,610.17 for the first nine months, which is closely related to its normal operations[9] - Non-operating income and expenses resulted in a net loss of CNY 681,122.85 during the reporting period[9] - Other current assets decreased by 94.67% to ¥6,000,307.54 due to adjustments from new financial instrument standards[11] - The company adopted new financial instrument standards effective January 1, 2019, impacting asset classifications[47]