CFT(SH:603685)2019-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 19.07% to CNY 83,613,196.58 year-on-year[6] - Operating revenue rose by 32.04% to CNY 813,298,100.08 for the year-to-date period[6] - The net profit after deducting non-recurring gains and losses increased by 13.69% to CNY 78,616,639.76[6] - Net profit for the first three quarters of 2019 was ¥91,955,276.97, a 30.95% increase from ¥70,220,156.96 in the previous year[13] - The net profit for Q3 2019 was ¥28,875,713.27, compared to ¥24,651,965.40 in Q3 2018, indicating a year-over-year increase of about 17.5%[27] - The total comprehensive income for Q3 2019 amounted to ¥30,555,333.81, up from ¥24,651,965.40 in the same quarter of the previous year, reflecting a growth of approximately 23.9%[27] - The total comprehensive income for the first nine months of 2019 was CNY 77,014,063.61, compared to CNY 62,661,268.26 in the same period of 2018, marking an increase of about 22.87%[31] Earnings and Shares - Basic earnings per share decreased by 9.26% to CNY 0.49 due to an increase in share capital[7] - The diluted earnings per share decreased by 11.32% to CNY 0.47[6] - The total number of shares increased by 30% to ¥169,000,000.00 due to capital reserve conversion[13] - The basic earnings per share for Q3 2019 was ¥0.15, a decrease from ¥0.19 in Q3 2018, showing a decline of about 21.1%[27] Cash Flow - Net cash flow from operating activities decreased by 62.95% to CNY 21,414,083.15 compared to the same period last year[6] - Net cash flow from operating activities for Q3 2019 was CNY 21,414,083.15, down from CNY 57,805,569.43 in Q3 2018, reflecting a decrease of approximately 62.96%[32] - The company's operating cash flow for the first nine months of 2019 was CNY 602,519,804.13, compared to CNY 436,248,460.25 in the same period of 2018, indicating an increase of about 38.14%[32] - Cash inflow from financing activities in Q3 2019 was CNY 106,809,000.00, significantly higher than CNY 50,000,000.00 in Q3 2018, marking a 113.6% increase[36] Assets and Liabilities - Total assets increased by 7.97% to CNY 1,474,433,311.03 compared to the end of the previous year[6] - Total liabilities increased to ¥414,934,569.79 from ¥368,225,117.20, indicating a rise in financial obligations[19] - The company's equity attributable to shareholders rose to ¥1,024,194,491.11 from ¥970,508,785.34, reflecting retained earnings and capital contributions[19] - Total current assets as of September 30, 2019, amounted to ¥937,251,934.15, a slight increase from ¥915,831,268.45 at the end of 2018[17] Investment and Expenses - Research and development expenses increased by 33.69% to ¥36,295,652.86 from ¥27,148,477.18, reflecting a commitment to innovation[13] - The company’s management expenses surged by 90.16% to ¥27,380,651.88 from ¥4,398,665.84, largely due to increased salaries and depreciation[13] - The company reported a significant increase in long-term borrowings to ¥46,809,000.00 from ¥12,000,000.00, suggesting a strategy to leverage for growth[19] Other Financial Metrics - The weighted average return on equity increased by 0.73 percentage points to 8.36%[6] - The company reported a 415.33% increase in other income to ¥3,863,633.22, primarily due to increased government subsidies[13] - The company recorded a total profit of CNY 25,402,660.95 for Q3 2019, which is an increase from CNY 24,853,774.63 in Q3 2018, representing a growth of approximately 2.21%[30] - The company’s tax expenses for Q3 2019 were ¥4,428,883.43, compared to ¥2,742,599.19 in Q3 2018, indicating an increase of about 61.5%[29]