PNC(SH:603690)2019-10-30 16:00Financial Performance - Operating revenue for the first nine months was RMB 612,286,495.44, up 91.15% from RMB 320,309,427.20 in the same period last year[18] - Net profit attributable to shareholders of the listed company was RMB 74,522,526.04, representing a 172.23% increase compared to RMB 27,375,313.29 in the previous year[18] - Basic earnings per share increased to RMB 0.310, a rise of 136.64% from RMB 0.131[21] - The weighted average return on net assets improved to 7.51%, up by 1.00 percentage point from 6.51%[21] - Total operating revenue for Q3 2019 reached ¥280,274,673.11, a significant increase from ¥131,944,347.10 in Q3 2018, representing a growth of approximately 112.5%[60] - Net profit for Q3 2019 was ¥31,930,177.65, up from ¥7,686,684.64 in Q3 2018, reflecting a growth of approximately 315.5%[63] - The company reported a total profit of ¥34,236,024.33 for Q3 2019, compared to ¥9,943,489.63 in Q3 2018, representing an increase of approximately 244.5%[63] Assets and Liabilities - Total assets reached RMB 2,993,420,024.06, an increase of 105.90% compared to the end of the previous year[18] - Total liabilities increased to ¥1,624,417,045.81, up from ¥1,009,993,749.75, representing a growth of approximately 60.7% year-over-year[48] - Current liabilities totaled ¥1,357,565,106.50, compared to ¥941,900,867.06, marking an increase of about 44.0%[48] - Non-current liabilities rose to ¥266,851,939.31 from ¥68,092,882.69, reflecting a significant increase of approximately 292.5%[48] - Total current assets amounted to CNY 1,073,429,586.20 as of December 31, 2018[82] - Total liabilities amounted to CNY 1,009,993,749.75, indicating a robust capital structure[87] Cash Flow - The net cash flow from operating activities for the first nine months was RMB -18,771,480.83, an improvement from RMB -63,921,996.27 in the same period last year[18] - The net cash flow from financing activities surged by 513.62% to RMB 589,100,401.86 from RMB 96,004,751.21, primarily due to fundraising related to the acquisition of Shanghai Bohui[35] - Cash inflow from financing activities reached CNY 987,860,451.56, significantly higher than CNY 341,686,524.47 in the same period last year[76] - Cash outflow from operating activities totaled CNY 568,904,295.91, up from CNY 551,817,896.49 in the previous year, resulting in a net cash flow from operating activities of -CNY 18,771,480.83[74] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,684, with the largest shareholder holding 29.36% of the shares[27] - The company's equity attributable to shareholders rose to ¥1,360,446,048.09 from ¥435,654,184.82, an increase of about 212.5%[50] - The total owner's equity reached ¥1,369,002,978.25, compared to ¥443,856,113.29, reflecting a growth of approximately 208.5%[50] Expenses - The financial expenses increased by 44.63% to RMB 23,503,990.71 from RMB 16,250,572.22, mainly due to higher interest expenses[35] - The company recorded a 265.04% increase in selling expenses, reaching RMB 25,793,431.41 compared to RMB 7,065,911.66, driven by order growth and the acquisition[35] - Research and development expenses for Q3 2019 were ¥12,517,095.37, up from ¥9,920,602.46 in Q3 2018, indicating a growth of about 26.9%[60] Market and Expansion Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[18] - The company plans to issue A-share convertible bonds, which have been approved by the China Securities Regulatory Commission on October 25, 2019[38]