XHW(SH:603888)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 156,808,698.76, a decrease of 10.10% year-on-year[10]. - Operating revenue for the period was CNY 924,128,307.41, down 4.35% from the same period last year[10]. - The net profit attributable to shareholders decreased by 49.62% to ¥58,622,450.80, primarily due to increased costs associated with new business layouts[25]. - The company reported a decrease in net profit after deducting non-recurring gains and losses by 49.62% to CNY 58,622,450.80[10]. - Basic earnings per share were CNY 0.3021, down 10.12% from the previous year[10]. - Net profit for Q3 2019 was ¥40,573,388.93, a decline of 36.3% compared to ¥63,787,174.76 in Q3 2018[52]. - Net profit for Q3 2019 was CNY 41,915,564.17, down 35.3% from CNY 64,783,980.27 in Q3 2018[59]. - The total comprehensive income attributable to the parent company for Q3 2019 was ¥40,245,864.29, compared to ¥52,880,679.77 in Q3 2018[52]. - The company reported a decrease in sales expenses to ¥43,347,664.90 in Q3 2019 from ¥62,748,412.26 in Q3 2018, a reduction of 30.9%[49]. Cash Flow - The net cash flow from operating activities was negative CNY 84,286,728.59, a decline of 422.87% compared to the previous year[10]. - The net cash flow from operating activities decreased by 422.87% to -¥84,286,728.59, indicating a significant increase in related business costs[25]. - The net cash flow from operating activities for the first three quarters of 2019 was -84,286,728.59 RMB, compared to -16,120,070.39 RMB in the same period of 2018, indicating a decline in operational performance[64]. - Cash inflow from financing activities totaled 237,128,074.00 RMB, significantly higher than 38,200,000.00 RMB in the previous year, marking an increase of over 520%[67]. - The company reported a net decrease in cash and cash equivalents of -708,101,578.01 RMB for the first three quarters of 2019, compared to -414,329,776.05 RMB in 2018[67]. - The cash inflow from operating activities was 908,342,075.87 RMB, slightly lower than 933,340,655.06 RMB in the same period of 2018, showing a decrease of approximately 2.5%[64]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 3,999,693,875.95, an increase of 1.07% compared to the end of the previous year[10]. - Total current assets reached ¥3,135,321,969.06, up from ¥2,975,841,860.59 in the previous year[33]. - Total liabilities rose to CNY 1,174,276,764.06 from CNY 1,099,499,282.20, indicating an increase of approximately 6.8%[39]. - Non-current assets decreased to CNY 864,371,906.89 from CNY 981,641,118.18, a decline of about 11.9%[39]. - Current liabilities decreased to CNY 408,593,964.45 from CNY 533,601,505.07, representing a reduction of approximately 23.4%[39]. - The company reported a total liability of ¥1,099,499,282.20, with current liabilities at ¥533,601,505.07 and non-current liabilities at ¥565,897,777.13[75]. - The company holds cash and cash equivalents of ¥1,917,118,731.45, indicating strong liquidity[79]. Shareholder Information - The total number of shareholders at the end of the reporting period was 41,108[16]. - The largest shareholder, Xinhua News Agency, held 59.79% of the shares, totaling 310,302,420 shares[16]. Other Financial Metrics - The weighted average return on equity decreased by 0.81 percentage points to 5.41%[10]. - The company reported a fair value gain of ¥22,644,393.04 from trading financial assets during the reporting period[25]. - The company received ¥107,808,792.72 in net cash flow from financing activities, a 264.33% increase due to equity funding from subsidiaries[25]. - The company recorded a fair value loss of CNY 12,319,982.88 in other comprehensive income for Q3 2019, compared to a loss of CNY 26,234,913.08 in Q3 2018[62]. - The company implemented new financial instrument standards starting January 1, 2019, affecting the classification and measurement of financial instruments[85].