Youon(SH:603776)2019-10-25 16:00Financial Performance - Net profit attributable to shareholders was ¥108,554,418.24, representing a 16.7% increase from ¥93,050,327.49 in the same period last year[7]. - Operating income for the first nine months was ¥651,185,378.43, up from ¥637,635,898.71, indicating a growth of 2.9% year-on-year[7]. - The company reported a net profit of CNY 1,536,218,309.61, up from CNY 772,392,034.67, representing an increase of around 99%[25]. - The company’s net profit for the first three quarters of 2019 was ¥107,516,387.01, compared to ¥92,632,057.90 in the same period of 2018, reflecting a 15.9% increase[28]. - The company reported a total profit of ¥53,311,608.95 for Q3 2019, compared to ¥34,541,928.57 in Q3 2018, marking a 54.5% increase[28]. - The total comprehensive income for Q3 2019 was ¥42,191,918.51, up from ¥26,246,835.88 in Q3 2018, indicating a growth of 60.8%[29]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,643,562,247.57, an increase of 42% compared to the previous year-end[7]. - The company’s total assets increased to CNY 3,643,562,247.57, up from CNY 2,567,303,220.94 year-over-year, representing a growth of approximately 42%[21]. - Total liabilities rose to CNY 1,215,464,971.29, compared to CNY 896,086,869.39, marking an increase of around 36%[22]. - Owner's equity increased significantly to CNY 2,428,097,276.28 from CNY 1,671,216,351.55, showing a growth of about 45%[22]. - Non-current assets totaled CNY 794,448,244.91, a decrease from CNY 1,106,767,335.35, indicating a decline of about 28%[21]. - The total current liabilities stood at CNY 756,412,839.93, with no changes reported in other current liabilities[46]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥290,357,896.46, compared to ¥148,580,312.65 in the previous year, showing a significant increase[7]. - Cash and cash equivalents decreased to ¥411.17 million from ¥686.37 million, primarily due to business expansion, stock repurchase, dividend distribution, and repayment of bank loans[12]. - The company reported cash outflows from investment activities amounting to ¥861,328,847.98 in the first three quarters of 2019, significantly higher than ¥240,163,797.04 in the same period of 2018[38]. - The net cash flow from investment activities was -¥527,670,708.45 for the first three quarters of 2019, compared to -¥159,355,545.67 in 2018, indicating a worsening investment cash flow situation[38]. - Cash inflow from investment activities for the first three quarters of 2019 was CNY 333.72 million, compared to CNY 81.04 million in the same period of 2018[35]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,504[9]. - Major shareholder Sun Jisheng holds 34.94% of the shares, with 65,536,143 shares pledged[9]. Research and Development - The company has not disclosed any new product or technology developments in this report[11]. - Research and development expenses for Q3 2019 were ¥11,719,999.80, slightly down from ¥12,160,596.70 in Q3 2018[27]. - Research and development expenses decreased to CNY 11.63 million in Q3 2019, down 37.2% from CNY 18.51 million in Q3 2018[32]. Financial Standards and Adjustments - The company executed a new financial instrument standard starting January 1, 2019, which resulted in adjustments to retained earnings and deferred tax liabilities[43]. - The company reported a total of CNY 1,001,053,504.51 in non-current assets, with a decrease of CNY 499,663,585.72 due to adjustments related to the new financial instrument standard[46].