JCT(SH:603657)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months was ¥400,021,300.28, reflecting an 11.14% year-on-year growth[6] - Net profit attributable to shareholders for the first nine months was ¥76,025,949.87, a 1.49% increase compared to the same period last year[6] - The total operating profit for Q3 2019 was CNY 35,472,101.68, an increase from CNY 33,783,739.95 in the same period last year, representing a growth of approximately 5%[25] - The net profit attributable to shareholders for Q3 2019 was CNY 30,436,412.07, compared to CNY 29,955,506.79 in Q3 2018, reflecting an increase of about 1.6%[26] - The total profit for the first nine months of 2019 was CNY 88,767,046.37, compared to CNY 87,546,657.48 in the same period last year, representing a growth of about 1.4%[25] - The net profit for the first nine months of 2019 was CNY 76,025,949.87, an increase from CNY 74,912,937.36 in the previous year, reflecting a growth of approximately 1.5%[26] Cash Flow - The net cash flow from operating activities for the first nine months was ¥115,930,606.35, up 38.67% year-on-year[6] - Cash inflow from operating activities for the first three quarters of 2019 was ¥452,277,927.75, an increase from ¥416,755,314.51 in the same period of 2018, reflecting a growth of 8.5%[33] - The net cash flow from operating activities for Q3 2019 was CNY 115,930,606.35, an increase from CNY 83,604,132.69 in Q3 2018, representing a growth of approximately 38.7%[34] - The total cash inflow from investment activities in Q3 2019 was CNY 658,871,768.95, significantly higher than CNY 28,237,052.88 in Q3 2018[34] - The net cash flow from investment activities for Q3 2019 was CNY 234,397,329.34, recovering from a negative cash flow of CNY 355,108,123.82 in Q3 2018[34] - The net cash flow from financing activities in Q3 2019 was negative CNY 99,126,795.10, compared to a positive cash flow of CNY 356,866,547.91 in Q3 2018[34] Assets and Liabilities - Total assets at the end of the reporting period reached ¥963,049,804.25, a 0.44% increase compared to the end of the previous year[6] - Total liabilities amounted to ¥121,146,861.20, compared to ¥117,748,999.56 in the previous year[17] - Non-current assets totaled ¥213,704,074.67, an increase from ¥155,122,140.85 year-over-year[16] - Total current assets as of September 30, 2019, were ¥749,345,729.58, down from ¥803,735,833.41 at the end of 2018[15] - Total current liabilities represent about 11.8% of total assets, suggesting a manageable short-term financial obligation[41] Shareholder Information - Total number of shareholders reached 12,533 as of the end of the reporting period[10] - The company's equity attributable to shareholders was ¥841,902,943.05, compared to ¥841,108,974.70 in the previous year[17] - Shareholders' equity totaled CNY 841,108,974.70, with paid-in capital at CNY 96,000,000.00 and retained earnings at CNY 200,609,848.00[42] Investment and Income - Interest income skyrocketed by 352.26% to ¥7,791,092.65, reflecting increased interest earnings[12] - Investment income surged by 2620.45% to ¥4,188,582.85, driven by returns from purchased financial products[12] - Cash received from investment activities increased by 100% to ¥512,756,690.00, due to the recovery of entrusted financial management[12] Operating Costs and Expenses - Total operating costs for Q3 2019 were ¥119,397,749.66, up from ¥106,677,183.67 in Q3 2018, reflecting a growth of 11.4%[24] - Total operating expenses for the first three quarters of 2019 were ¥154,398,922.22, down from ¥158,240,253.97 in the same period of 2018, a reduction of 2.4%[30] - Research and development expenses for the first three quarters of 2019 were ¥11,075,298.21, up from ¥10,686,890.08 in the same period of 2018, reflecting a growth of 3.6%[24] Financial Ratios and Standards - The total liabilities to total assets ratio is approximately 12.3%, indicating a low leverage level[41] - The company implemented new financial accounting standards effective January 1, 2019, impacting the recognition and measurement of financial instruments[42] - The company is in compliance with the new financial accounting standards effective from January 1, 2019[47]