First(SH:603806)2019-10-25 16:00Financial Performance - Operating revenue for the first nine months was ¥4,590,667,688.20, representing a year-on-year growth of 34.60%[6] - Net profit attributable to shareholders was ¥592,477,575.81, a significant increase of 70.80% compared to the same period last year[6] - Basic earnings per share rose to ¥1.13, reflecting a growth of 71.21% year-on-year[6] - Total revenue for Q3 2019 reached ¥1,612,066,686.97, a 32.0% increase from ¥1,221,872,756.83 in Q3 2018[22] - Net profit for Q3 2019 was ¥193,649,905.06, compared to ¥122,252,684.71 in Q3 2018, representing a 58.5% increase[25] - The company reported a total profit of ¥226,686,929.63 for Q3 2019, compared to ¥141,325,321.91 in Q3 2018, marking a 60.5% increase[25] - The total operating income for the first nine months of 2019 was ¥4,590,667,688.20, a 34.5% increase from ¥3,410,694,263.60 in the same period of 2018[22] Cash Flow - Net cash flow from operating activities for the first nine months was ¥175,484,229.00, a recovery from a negative cash flow of ¥169,592,079.86 in the previous year[6] - Net cash flow from operating activities increased by CNY 345.08 million, mainly due to higher cash received from sales of goods and services compared to the same period last year[12] - The cash inflow from operating activities for the first three quarters of 2019 was CNY 3,101,830,835.19, an increase of 32.96% compared to CNY 2,332,222,715.59 in the same period of 2018[35] - The net cash flow from operating activities for the first three quarters of 2019 was CNY 178,244,835.92, a significant improvement from a net outflow of CNY 152,295,346.26 in the same period of 2018[35] - The total cash inflow from sales of goods and services was CNY 3,595,619,567.06, up from CNY 2,807,307,254.50 in the previous year, marking an increase of 28.06%[77] Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,925,300,276.21, an increase of 7.27% compared to the end of the previous year[6] - Current assets totaled approximately ¥5.43 billion, an increase of 8.2% from ¥5.01 billion in the previous year[16] - Total liabilities amounted to ¥970.80 million, a rise of 7.8% from ¥900.19 million in the previous year[18] - The company's equity attributable to shareholders increased to ¥5.95 billion, up 7.1% from ¥5.55 billion[18] - Total current assets amounted to RMB 5,013,966,320.30, with cash and cash equivalents at RMB 493,600,453.50[84] - Total liabilities were RMB 900,193,091.88, with current liabilities comprising RMB 885,142,412.93[85] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,605[8] - The largest shareholder, Hangzhou Foster Technology Group Co., Ltd., held 52.63% of the shares[8] - The company’s second employee stock ownership plan remains unchanged with 2,049 shares as of the end of the reporting period[13] Research and Development - R&D expenses increased by CNY 26.25 million, a rise of 20.79%, reflecting increased investment in research and development[11] - Research and development expenses in Q3 2019 totaled ¥52,825,773.76, an increase from ¥45,853,276.21 in Q3 2018[22] - Research and development expenses for Q3 2019 totaled ¥41,840,880.08, a 15% increase from ¥36,376,610.22 in Q3 2018[29] Investment Activities - The company received approval from the China Securities Regulatory Commission for the public issuance of convertible bonds on September 12, 2019[13] - The company reported a decrease in investment income by CNY 1,554.00 million, a decline of 35.29%, due to reduced returns from financial products[56] - The cash inflow from investment activities for the first three quarters of 2019 was CNY 2,682,044,006.33, down 52.8% from CNY 5,673,869,758.74 in the same period of 2018[35] Financial Ratios - The weighted average return on equity increased by 3.52 percentage points to 10.34%[6] - The company reported a net profit excluding non-recurring gains and losses of RMB 492,908,294.05, up 63.73% year-on-year[51]