FULONGMA(SH:603686)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months was CNY 3,023,782,573.90, representing a year-on-year growth of 21.74%[9] - The net profit attributable to shareholders for the first nine months was CNY 199,246,398.45, showing a slight increase of 0.11% compared to the same period last year[8] - The gross profit margin for the main business was 25.35%, an increase of 0.62 percentage points year-on-year[9] - Revenue from sanitation equipment reached CNY 1,753,000,000, a year-on-year increase of 0.92%, accounting for 58.50% of total operating revenue[9] - Revenue from sanitation services grew significantly by 72.47% year-on-year, totaling CNY 1,244,000,000, representing 41.50% of total operating revenue[9] - Total operating revenue for Q3 2019 reached ¥1,113,310,261, a 27.2% increase from ¥875,651,329 in Q3 2018[29] - Net profit for Q3 2019 was ¥82,861,032, representing a 20.1% increase compared to ¥68,950,297 in Q3 2018[30] - The total profit for Q3 2019 was ¥103,081,350, an increase from ¥82,686,436 in Q3 2018[30] - The net profit attributable to the parent company for the first three quarters of 2019 was ¥199,246,398, slightly up from ¥199,034,505 in the same period of 2018[32] Cash Flow - The company's cash flow from operating activities improved to -CNY 326,584,211.33, compared to -CNY 620,859,685.05 in the previous year[8] - The company reported a net cash flow from operating activities of CNY -326,584,211.33, indicating a decrease compared to the previous period[18] - The cash flow from operating activities for the first three quarters of 2019 was negative at approximately -¥326.58 million, an improvement from -¥620.86 million in the same period of 2018[38] - The total cash inflow from operating activities for the first three quarters of 2019 was approximately ¥2.94 billion, compared to ¥2.00 billion in the same period of 2018, indicating an increase of about 47.0%[38] - The company’s total cash inflow from financing activities in Q3 2019 was 19,000,000.00 RMB, with a net cash outflow of -107,173,968.89 RMB, compared to -82,855,515.58 RMB in Q3 2018[41] Assets and Liabilities - The company's total assets at the end of the reporting period reached CNY 4,275,848,418.76, an increase of 3.47% compared to the end of the previous year[8] - The company’s total current assets amounted to CNY 3,154,058,584.31 as of September 30, 2019, down from CNY 3,430,922,332.07 at the end of 2018[20] - The company’s long-term borrowings increased to CNY 18,837,402.78, primarily due to additional borrowings by Shenyang Longma[20] - The company reported a total liability of CNY 1,713,403,908.33, up from CNY 1,697,328,610.14, indicating a growth of approximately 0.9%[22] - Current liabilities totaled CNY 1,675,596,233.44, slightly up from CNY 1,655,350,264.66, indicating a 1.3% increase[22] - Non-current liabilities decreased to CNY 37,807,674.89 from CNY 41,978,345.48, a reduction of about 10%[22] - Owner's equity rose to CNY 2,562,444,510.43, compared to CNY 2,435,172,523.66, reflecting an increase of approximately 5.2%[22] Expenses - The company’s sales expenses rose by 37.54% to CNY 257,464,952.03, attributed to increased salaries and marketing costs[20] - The company’s management expenses increased by 50.24% to CNY 147,220,075.46, mainly due to the expansion of sanitation service projects[20] - Research and development expenses for Q3 2019 totaled ¥13,434,712, a decrease of 32.0% from ¥19,761,338 in Q3 2018[29] - The company's total operating costs for the first three quarters of 2019 were ¥2,724,575,212, an increase of 24.9% from ¥2,179,764,008 in the same period of 2018[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 32,218[12] - The total equity attributable to shareholders increased to CNY 2,429,100,522.89 from CNY 2,311,039,799.62, reflecting an increase of about 5.1%[22]