Rocoi(SH:603829)2019-10-30 16:00Financial Performance - Operating revenue for the first nine months rose by 6.82% to CNY 418,692,174.95 year-on-year[7] - Net profit attributable to shareholders decreased by 29.59% to CNY 23,667,974.04 compared to the same period last year[7] - Basic earnings per share decreased by 28.57% to CNY 0.15 compared to CNY 0.21 in the previous year[8] - The company reported a decrease in net profit from non-recurring gains by 30.75% to CNY 18,707,646.59[8] - The weighted average return on equity decreased by 1.82 percentage points to 3.60%[8] - The company reported a net profit margin improvement, with net profit for the first three quarters of 2019 reaching ¥418,692,174.95, compared to ¥391,973,387.71 in the same period of 2018, reflecting an increase of approximately 6.8%[28] - The net profit for Q3 2019 was ¥8,867,004.77, down from ¥12,345,450.89 in Q3 2018, indicating a decrease of approximately 28.99%[30] - The total profit for Q3 2019 was ¥10,541,648.92, down from ¥14,430,570.08 in Q3 2018, a decline of approximately 26.00%[31] - The company's total profit for Q3 2019 was CNY 13,739,056.23, slightly down from CNY 13,744,865.51 in Q3 2018, indicating a decrease of 0.04%[34] Cash Flow - Net cash flow from operating activities showed a significant decline of 419.54%, resulting in a negative cash flow of CNY -17,822,269.46[7] - Cash flow from operating activities showed a net outflow of CNY 17,822,269.46 in Q3 2019, compared to a net inflow of CNY 5,577,424.54 in Q3 2018[38] - Cash flow from investment activities generated a net inflow of CNY 10,779,320.11 in Q3 2019, down from CNY 57,835,151.28 in Q3 2018[39] - Cash flow from financing activities resulted in a net inflow of CNY 9,159,390.01 in Q3 2019, compared to a net outflow of CNY 24,736,744.67 in Q3 2018[39] - The company incurred credit impairment losses of CNY -2,643,037.86 in Q3 2019, compared to no such losses reported in Q3 2018[34] - In the first three quarters of 2019, the company's operating cash flow net amount was -16,703,146.72 RMB, a decrease compared to 2,538,208.43 RMB in the same period of 2018[40] - The cash inflow from operating activities totaled 260,165,845.29 RMB, while cash outflow was 276,868,992.01 RMB, resulting in a cash flow deficit[40] Assets and Liabilities - Total assets increased by 5.35% to CNY 991,535,019.33 compared to the end of the previous year[7] - Total liabilities rose to ¥330,054,834.15, up from ¥284,647,143.55, indicating an increase of about 15.9%[21] - Current liabilities totaled ¥328,790,321.64, compared to ¥283,424,471.75, reflecting a growth of approximately 15.9%[21] - Total equity reached ¥661,480,185.18, an increase from ¥656,555,605.86, showing a growth of about 0.4%[22] - The total current assets amounted to RMB 738,463,968.86, compared to RMB 701,879,562.90 at the beginning of the period[20] - Non-current assets totaled RMB 253,071,050.47, up from RMB 239,323,186.51 at the beginning of the period[20] Shareholder Information - The number of shareholders reached 12,454, indicating a stable shareholder base[12] - The top three shareholders hold a combined 54.76% of the total shares, with the largest shareholder owning 22.44%[12] Inventory and Receivables - Accounts receivable increased by 53.88% to RMB 273,872,420.89 due to higher sales during the period[15] - Inventory rose by 38.48% to RMB 118,061,384.55, primarily due to increased purchases[16] - Prepayments surged by 687.57% to RMB 39,377,938.80, attributed to prepayments for construction projects[15] - Other receivables increased by 150.37% to RMB 5,293,622.37, driven by increased investment income and share transfers[15] Expenses - Sales expenses increased by 47.33% to RMB 9,962,138.87, due to higher sales salaries and office expenses[16] - The company reported a 35.19% decrease in income tax expenses to RMB 3,695,915.31, linked to reduced profits[16] - Research and development expenses for Q3 2019 were ¥4,974,446.46, compared to ¥8,015,071.68 in Q3 2018, showing a decrease of about 38.00%[33] Future Plans - The company has not disclosed any new product developments or market expansion strategies in this report[7] - The company has plans for market expansion and new product development, focusing on enhancing operational efficiency and customer engagement strategies[27]