Shenli(SH:603819)2019-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 805,244,777.15, an increase of 18.74% year-on-year[6] - Net profit attributable to shareholders for the first nine months was CNY 90,488,365.05, representing a significant increase of 174.71% compared to the same period last year[6] - Basic earnings per share for the period was CNY 0.54, up 170.00% year-on-year[7] - The weighted average return on net assets increased by 7.2 percentage points to 11.570%[7] - Total operating revenue for Q3 2019 was CNY 247,145,486.21, an increase from CNY 238,511,445.39 in Q3 2018, representing a growth of approximately 2.7%[28] - Net profit for Q3 2019 reached CNY 72,222,998.56, significantly higher than CNY 13,061,104.76 in Q3 2018, marking an increase of approximately 453.5%[29] - The company reported a total profit of CNY 83,967,282.23 for Q3 2019, compared to CNY 15,303,528.04 in Q3 2018, indicating a growth of about 449.0%[29] - Net profit for the first three quarters of 2019 was ¥89,885,114.31, up from ¥31,865,963.60 in the same period of 2018, representing an increase of 182.5%[34] Cash Flow and Assets - Net cash flow from operating activities for the first nine months was negative CNY 77,014,763.62, compared to negative CNY 38,160,017.93 in the same period last year[6] - Cash and cash equivalents decreased by 31.62% from CNY 269,606,332.53 to CNY 184,354,369.48 due to payments for raw materials, equipment purchases, and share buybacks[14] - Total assets at the end of the reporting period were CNY 1,231,870,354.19, a decrease of 0.98% compared to the end of the previous year[6] - The company's current assets totaled CNY 893,881,773.00, down from CNY 934,563,881.99 at the end of 2018, representing a decrease of approximately 4.3%[20] - Total cash and cash equivalents at the end of Q3 2019 stood at ¥162,172,786.92, down from ¥279,190,588.68 at the end of Q3 2018[38] - Cash flow from operating activities for the first three quarters of 2019 was ¥590,990,050.86, up from ¥486,496,434.44 in the same period of 2018[36] Liabilities and Borrowings - Short-term borrowings increased by 69.12% from CNY 204,000,000.00 to CNY 345,000,000.00, reflecting the company's financing needs[14] - Total liabilities decreased to CNY 452,382,911.93 from CNY 464,445,934.01, a reduction of approximately 2.3%[22] - The total liabilities as of Q3 2019 amounted to CNY 449,314,102.92, a slight decrease from CNY 458,666,046.74 in the previous year[26] - The company received ¥381,000,000.00 in borrowings during Q3 2019, compared to ¥489,000,000.00 in Q3 2018[40] Expenses - Management expenses rose by 33.41% from CNY 26,979,534.98 to CNY 35,992,624.49, attributed to increased salaries and depreciation of new facilities[15] - R&D expenses increased by 44.23% from CNY 3,863,883.84 to CNY 5,572,955.70, indicating a higher investment in research and development[15] - Financial expenses surged by 1421.36% from CNY 635,024.41 to CNY 9,661,032.35, primarily due to increased operational funding loans[15] - Research and development expenses for Q3 2019 were CNY 2,038,797.25, up from CNY 1,490,441.87 in Q3 2018, reflecting an increase of approximately 36.7%[28] - The financial expenses for Q3 2019 were CNY 2,762,313.11, compared to CNY 1,222,997.17 in Q3 2018, indicating an increase of about 126.3%[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,146[11] - The largest shareholder, Chen Zhongwei, held 42.35% of the shares, with 71,328,600 shares pledged[11] - The company's equity attributable to shareholders was CNY 779,487,442.26, slightly down from CNY 779,652,023.47[22] Strategic Focus - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company is focusing on expanding its market presence and developing new technologies, although specific details were not disclosed in the report[18] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32]