ANG(SH:603689)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 33.25% to CNY 164,896,048.63 for the first nine months of the year[6] - Operating revenue for the first nine months increased by 26.56% to CNY 2,848,468,008.44 compared to the same period last year[6] - Basic earnings per share increased by 32.43% to CNY 0.49 per share[6] - The weighted average return on equity improved by 1.51 percentage points to 7.89%[6] - Net profit for the first three quarters of 2019 was ¥216,906,269.40, compared to ¥152,809,789.96 in the same period of 2018, reflecting a growth of 42%[25] - The total profit for the first nine months of 2019 was CNY 221,473,741.15, compared to CNY 161,751,543.23 in the same period of 2018, representing a growth of approximately 36.9%[26] - The net profit attributable to shareholders of the parent company for Q3 2019 was CNY 49,483,024.12, compared to CNY 36,390,278.03 in Q3 2018, reflecting an increase of about 36.0%[27] - The total comprehensive income for Q3 2019 was CNY 48,346,285.14, compared to CNY 34,968,398.57 in Q3 2018, indicating an increase of approximately 38.2%[28] Assets and Liabilities - Total assets increased by 5.68% to CNY 3,338,223,099.43 compared to the end of the previous year[6] - Total assets as of September 30, 2019, reached CNY 3,338,223,099.43, an increase from CNY 3,158,925,386.54 at the end of 2018[17] - Total liabilities as of September 30, 2019, were ¥392,541,088.82, down from ¥428,872,230.63 in the previous year[24] - Total liabilities reached CNY 892,878,406.69, with current liabilities at CNY 471,960,826.53 and non-current liabilities at CNY 420,917,580.16[42] - The company’s total liabilities to equity ratio stands at approximately 39.4%[42] Cash Flow - Net cash flow from operating activities increased by 52.53% to CNY 397,225,648.00 year-to-date[6] - Cash flow from operating activities for the first three quarters of 2019 was ¥3.20 billion, an increase from ¥2.54 billion in the same period of 2018[34] - The net cash flow from operating activities for Q3 2019 was CNY 397,225,648, an increase of 52.5% compared to CNY 260,423,992 in Q3 2018[35] - Total cash inflow from operating activities for the first nine months of 2019 was CNY 2,835,007,399, up from CNY 2,315,517,179 in the same period of 2018, representing a growth of 22.4%[38] Shareholder Information - The total number of shareholders reached 21,632 as of the report date[10] - The largest shareholder, Anhui Energy Group, holds 43.31% of the shares[10] Investments and Expenses - Research and development expenses amounted to CNY 1,171,608.32, reflecting ongoing project expenditures[12] - Investment income dropped by 87.83% to CNY 160,891.62, due to reduced returns from financial products[12] - The company reported a significant increase in prepayments, totaling ¥96,840,700.40, compared to ¥119,803,976.09 in the previous year, indicating a strategic shift in cash flow management[22] Inventory and Receivables - Accounts receivable increased by 51.52% to CNY 98,770,749.55, primarily due to business growth[11] - Inventory rose by 36.68% to CNY 33,643,244.99, attributed to increased construction projects[11] - Construction in progress increased by 63.32% to CNY 304,918,198.22, reflecting higher investment in ongoing projects[11] Financial Ratios and Metrics - The company reported a gross profit margin of approximately 8.1% for Q3 2019, compared to 6.5% in Q3 2018[31] - The company incurred a tax expense of ¥13.51 million in Q3 2019, up from ¥10.59 million in Q3 2018[32]