SHCD(SH:603887)2019-10-29 16:00Financial Performance - Operating revenue for the first nine months was ¥2,020,936,893.44, representing a 97.72% increase compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was ¥249,612,478.64, up 251.80% year-on-year[7]. - Basic earnings per share increased to ¥1.24, a rise of 153.06% compared to the previous year[8]. - The weighted average return on equity improved to 13.93%, an increase of 4.94 percentage points from the previous year[8]. - Total revenue for Q3 2019 reached ¥783.53 million, a significant increase of 120.4% compared to ¥355.36 million in Q3 2018[26]. - Net profit for the first three quarters of 2019 was ¥414.46 million, compared to ¥323.21 million in the same period of 2018, reflecting a growth of 28.3%[23]. - The company's total profit for the first three quarters of 2019 reached CNY 122.39 million, compared to CNY 86.45 million in the same period of 2018, reflecting a growth of 41.5%[30]. - The total comprehensive income attributable to the parent company's owners for Q3 2019 was CNY 119.79 million, compared to CNY 21.61 million in Q3 2018[28]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,781,705,913.86, an increase of 243.36% compared to the end of the previous year[7]. - Total liabilities rose to ¥2,711,122,255.35 from ¥823,433,354.22, primarily due to increased short-term borrowings and other liabilities associated with the acquisition[19]. - Current assets totaled ¥1.79 billion as of September 30, 2019, an increase of 17.1% from ¥1.53 billion at the end of 2018[22]. - The company reported a total asset value of ¥4.37 billion as of September 30, 2019, compared to ¥1.70 billion at the end of 2018, indicating a growth of 157.5%[23]. - The total liabilities increased to ¥1.43 billion in Q3 2019 from ¥823.64 million in Q3 2018, representing a rise of 73.9%[23]. - The company’s total liabilities to equity ratio stands at approximately 0.96, indicating a balanced capital structure[42]. Cash Flow - The net cash flow from operating activities for the first nine months was -¥72,768,095.24, a 47.74% improvement compared to -¥139,230,274.87 in the same period last year[7]. - Cash inflows from operating activities amounted to CNY 1,851,249,952.78 in the first three quarters of 2019, significantly higher than CNY 690,698,460.50 in the same period of 2018, representing an increase of about 168.5%[34]. - The net cash flow from investing activities was CNY 103,685,619.98 for the first three quarters of 2019, a significant recovery from negative CNY 19,761,878.71 in the same period of 2018[35]. - Cash inflows from financing activities totaled CNY 912,654,175.19 in the first three quarters of 2019, compared to CNY 177,000,000.00 in the same period of 2018, marking an increase of about 415.3%[35]. - The ending cash and cash equivalents balance as of the end of the third quarter of 2019 was CNY 191,899,158.98, compared to CNY 122,909,685.45 at the end of the same period in 2018, reflecting an increase of approximately 56.1%[35]. Shareholder Information - The total number of shareholders at the end of the reporting period was 10,596[10]. - The top shareholder, Xie Xiaodong, holds 22.80% of the shares, amounting to 58,669,878 shares[10]. Acquisitions and Growth - Cash and cash equivalents increased by 316.02% to ¥426,164,772.85 from ¥102,439,152.86 due to the acquisition of Xiangjiang Technology Co., Ltd.[12]. - Accounts receivable rose by 233.30% to ¥1,502,566,594.82 from ¥450,820,991.20, driven by business growth and the acquisition of Xiangjiang Technology Co., Ltd.[13]. - Prepayments surged by 1,457.02% to ¥132,908,963.93 from ¥8,536,099.84, attributed to business expansion and the acquisition of Xiangjiang Technology Co., Ltd.[13]. - Inventory increased by 29.98% to ¥1,013,320,334.89 from ¥779,598,145.50, reflecting business growth and the acquisition of Xiangjiang Technology Co., Ltd.[13]. - Fixed assets grew by 559.70% to ¥570,358,462.09 from ¥86,457,517.23, primarily due to the acquisition of Xiangjiang Technology Co., Ltd.[13]. - Short-term borrowings increased by 297.12% to ¥826,000,000.00 from ¥208,000,000.00, mainly as a result of the acquisition of Xiangjiang Technology Co., Ltd.[13]. - The net profit attributable to the parent company from Xiangjiang Technology Co., Ltd. was ¥143,186,800, significantly impacting the company's profit structure[15].