ANJI FOOD(SH:603696)2019-10-30 16:00Financial Performance - Operating income increased by 32.68% to CNY 307,018,820.98 for the period from January to September[6] - Net profit attributable to shareholders increased by 25.66% to CNY 38,379,419.37 for the period from January to September[6] - Basic earnings per share rose by 28.57% to CNY 0.18[7] - Total revenue for Q3 2019 reached ¥98,374,654.79, an increase of 27.4% compared to ¥77,151,582.45 in Q3 2018[29] - Net profit for the first three quarters of 2019 was ¥34,759,887.01, compared to ¥27,780,417.87 in the same period of 2018, indicating a year-on-year increase of 25.1%[29] - The total profit for the first three quarters of 2019 was CNY 41,936,176.99, compared to CNY 37,918,812.04 in the same period of 2018, indicating a year-on-year increase of 8.4%[32] - The company's total comprehensive income for Q3 2019 was CNY 6,861,615.77, down from CNY 9,870,896.29 in Q3 2018, indicating a decline of about 30.4%[33] Assets and Liabilities - Total assets decreased by 11.74% to CNY 614,194,027.09 compared to the end of the previous year[6] - The total assets decreased to RMB 614,194,027.09 from RMB 695,898,137.96, reflecting a reduction in current assets[22] - The company's total assets as of September 30, 2019, amounted to ¥640,877,454.51, a decrease from ¥717,766,671.16 at the end of 2018[26] - The total liabilities as of September 30, 2019, were ¥31,181,580.57, down from ¥45,112,138.09 at the end of 2018, showing a reduction of 30.9%[27] - The company’s total liabilities decreased to RMB 26,497,807.31 from RMB 49,208,249.12, indicating improved financial stability[23] - Cash and cash equivalents decreased to ¥25,708,927.09 from ¥203,144,279.88 at the end of 2018, representing a significant drop of 87.3%[25] Cash Flow - Net cash flow from operating activities improved significantly, with a net inflow of CNY 43,877,194.19 compared to a net outflow of CNY -18,188,879.84 in the same period last year, representing a 341.23% increase[6] - The total cash inflow from operating activities for the first three quarters of 2019 was CNY 791,055,651.88, compared to CNY 553,789,067.27 in the same period of 2018, indicating an increase of about 42.9%[34] - The net cash flow from operating activities for the first three quarters of 2019 was CNY 43,877,194.19, a significant improvement from a net outflow of CNY 18,188,879.84 in the previous year[34] - Total cash inflow from operating activities reached ¥730,484,133.63, up 35% from ¥540,830,554.20 in the same period last year[38] - Cash outflow from operating activities was ¥687,020,196.54, an increase of 24% compared to ¥552,667,845.31 in Q3 2018[38] Shareholder Information - The total number of shareholders reached 12,164[14] - The largest shareholder, Lin Xiaofang, holds 53.00% of the shares, with 53,340,000 shares frozen[14] Research and Development - Research and development expenses for the first three quarters of 2019 were ¥8,410,424.38, an increase of 25.2% compared to ¥6,712,832.26 in the same period of 2018[29] - Research and development expenses for Q3 2019 amounted to CNY 3,151,375.42, which is a 14.2% increase from CNY 2,759,633.16 in Q3 2018[32] Other Financial Metrics - The weighted average return on net assets increased by 1.31 percentage points to 6.39%[7] - The company reported a total of CNY 1,626,623.40 in non-operating income for the period[11] - The company reported a fair value change income of CNY 1,470,345.96 in Q3 2019, compared to CNY 2,979,972.90 in the previous quarter[32] - The company incurred a credit impairment loss of CNY 20,262.95 in Q3 2019, compared to a gain of CNY 63,704.28 in the previous quarter[32]