LDXC(SH:603937)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 5.70% to CNY 91,721,573.21 for the first nine months of the year[6] - Basic earnings per share improved by 4.76% to CNY 0.44[7] - The weighted average return on equity decreased by 0.18 percentage points to 6.73%[7] - Total revenue for Q3 2019 reached ¥403,209,271.68, an increase of 7.2% compared to ¥375,202,377.71 in Q3 2018[24] - Net profit for Q3 2019 was ¥36,543,000.51, compared to ¥36,042,966.03 in Q3 2018, indicating a slight increase of 1.4%[25] - The total profit for Q3 2019 was ¥41,758,360.02, up from ¥40,867,508.80 in Q3 2018, indicating a growth of approximately 2.18%[30] - The net profit attributable to shareholders for Q3 2019 was ¥36,543,000.51, compared to ¥36,042,966.03 in Q3 2018, reflecting an increase of about 1.39%[27] - The company's total operating profit for Q3 2019 was ¥41,628,486.81, slightly up from ¥40,313,623.48 in Q3 2018, representing an increase of approximately 3.26%[29] Assets and Liabilities - Total assets increased by 17.89% to CNY 1,705,296,308.48 compared to the end of the previous year[6] - Total assets as of September 30, 2019, amounted to ¥1,705,296,308.48, up from ¥1,446,462,657.00 at the end of 2018[16] - Total liabilities as of September 30, 2019, were ¥300,777,182.66, up from ¥122,233,312.75 at the end of 2018, indicating a growth of 146.3%[22] - Total current liabilities were ¥126,998,444.72, with accounts payable at ¥35,047,393.68 and short-term borrowings of ¥1,000,000.00[42] - Total equity attributable to shareholders was ¥1,319,464,212.28, indicating robust shareholder value[43] - The company’s total equity increased to ¥1,303,544,646.14 as of September 30, 2019, from ¥1,244,160,859.23 at the end of 2018, a rise of 4.8%[23] Cash Flow - Operating cash flow increased by 63.47% to CNY 173,236,826.85 year-to-date[6] - Cash flow from investing activities decreased by 72.32% to -¥58,464,309.60, mainly due to increased purchases of financial products[13] - Cash flow from financing activities improved by 34.22% to -¥12,935,209.88, reflecting reduced loan repayments and increased dividends[13] - The net cash flow from operating activities for the first three quarters of 2019 was CNY 168,761,197.22, up from CNY 106,610,045.78 in 2018, representing a growth of 58.2%[36] - The company reported cash outflows from investing activities totaling CNY 450,100,679.76 in 2019, a decrease from CNY 760,489,532.98 in 2018, indicating a reduction of 40.7%[37] Revenue and Expenses - Sales expenses increased by 34.22% to ¥17,829,582.32 due to sales growth and increased personnel wages[12] - Financial expenses decreased by 47.58% to -¥3,499,369.53 primarily due to changes in exchange rate gains and losses[12] - Other income rose by 38.70% to ¥1,766,900.00, mainly from increased government subsidies[13] - Investment income increased by 39.38% to ¥9,636,370.16, attributed to higher returns from matured financial products[13] - Research and development expenses for Q3 2019 were ¥5,971,113.20, compared to ¥5,126,498.34 in Q3 2018, reflecting an increase of 16.5%[25] Shareholder Information - The number of shareholders reached 21,371, with the largest shareholder holding 56.84% of shares[9] - The company received government subsidies totaling CNY 1,766,900.00 year-to-date, contributing to non-operating income[8] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24]