HOLSIN(SH:603909)2019-10-25 16:00Financial Performance - Operating revenue for the first nine months was CNY 475,029,867.49, an increase of 36.56% year-on-year[8] - Net profit attributable to shareholders for the first nine months was CNY 43,828,101.35, representing a year-on-year increase of 25.85%[8] - Basic earnings per share for the reporting period were CNY 0.3108, up 24.92% from CNY 0.2488 in the previous year[9] - The weighted average return on net assets increased to 6.06%, up 0.69 percentage points from the previous year[9] - The company's net profit after deducting non-recurring gains and losses was CNY 39,798,757.20, a year-on-year increase of 49.57%[8] - Total operating revenue for Q3 2019 reached ¥186,056,502.47, an increase of 20.7% compared to ¥153,979,890.92 in Q3 2018[27] - Net profit for the first three quarters of 2019 was ¥475,029,867.49, compared to ¥347,861,304.99 in the same period of 2018, marking a growth of 36.5%[27] - The total profit for the first three quarters of 2019 was CNY 51,130,936.44, compared to CNY 45,831,155.10 in the same period of 2018, indicating a growth of about 11.5%[31] Cash Flow - The net cash flow from operating activities improved significantly, with a net cash flow of CNY -15,611,629.79, a 73.59% increase compared to the same period last year[8] - Cash flow from operating activities for the first nine months of 2019 was CNY -15,611,629.79, an improvement from CNY -59,113,907.91 in the same period of 2018[37] - Total cash inflow from operating activities was CNY 533,091,230.40, compared to CNY 340,622,641.12 in the previous year, marking an increase of approximately 56.5%[36] - Cash outflow from operating activities increased to CNY 548,702,860.19 from CNY 399,736,549.03, reflecting a rise of about 37.3%[37] - Investment activities generated a net cash flow of CNY 5,580,365.12, a significant recovery from CNY -215,544,323.19 in the same period of 2018[37] - Cash inflow from investment activities totaled CNY 95,175,333.08, while cash outflow was CNY 89,594,967.96, resulting in a positive cash flow for the first nine months of 2019[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,336,270,250.41, a decrease of 0.33% compared to the end of the previous year[8] - The total assets decreased by 33.97% to RMB 84,625,213.64, mainly due to payments for bonuses and corporate income tax[14] - The company's cash and cash equivalents decreased to CNY 84,625,213.64 from CNY 128,154,510.62 at the end of 2018, representing a decline of approximately 33.9%[20] - The total liabilities decreased to CNY 549,614,185.94 from CNY 601,054,340.86, indicating a reduction of approximately 8.5%[22] - The company's equity attributable to shareholders rose to CNY 741,196,778.77 from CNY 702,097,020.20, marking an increase of about 5.6%[22] - The company reported a total current liabilities of CNY 369,504,031.96, down from CNY 408,863,095.18, a decrease of approximately 9.6%[22] - Long-term borrowings decreased to CNY 176,700,000.00 from CNY 188,654,280.03, reflecting a decline of about 6.4%[22] Shareholder Information - The company had a total of 10,809 shareholders at the end of the reporting period[11] - The top shareholder, Huang Hebin, held 10.4% of the shares, with 14,910,000 shares pledged[11] Research and Development - Research and development expenses rose by 61.89% to RMB 18,441,897.25, reflecting increased investment in R&D activities[14] - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[27] Financial Adjustments - The company has made adjustments in financial reporting standards, which may impact future financial statements[39] - The company adjusted its financial asset classifications, moving certain bank wealth management products to "financial assets at fair value through profit or loss"[44]