KDL(SH:603987)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,224,137,835.66, a growth of 14.46% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 118,849,108.26, reflecting a 4.89% increase compared to the same period last year[7] - The company reported a net profit of CNY 116,283,757.60 after deducting non-recurring gains and losses, which is a 7.55% increase year-on-year[7] - Basic earnings per share for the period was CNY 0.27, up from CNY 0.26 in the previous year[8] - The company reported a total profit of ¥81,285,048.28 for Q3 2019, up 14.3% from ¥70,765,785.98 in Q3 2018[29] - Net profit for Q3 2019 was ¥62,986,085.70, representing a 7.4% increase compared to ¥58,820,510.93 in Q3 2018[29] - The net profit for Q3 2019 was ¥34,043,334.00, representing an increase of 81.9% from ¥18,733,053.78 in Q3 2018[35] Assets and Liabilities - Total assets increased by 32.63% to CNY 2,883,632,706.96 compared to the end of the previous year[7] - Total liabilities reached CNY 1,066,920,386.98, up from CNY 546,068,240.69, reflecting an increase of around 95.3%[22] - Current liabilities totaled CNY 910,504,839.45, compared to CNY 534,269,410.12, indicating a rise of about 70.4%[22] - Non-current liabilities increased to CNY 156,415,547.53 from CNY 11,798,830.57, a significant increase of approximately 1,327.5%[22] - Shareholders' equity rose to CNY 1,816,712,319.98, compared to CNY 1,628,205,952.28, marking an increase of about 11.6%[22] - The company’s total assets increased to ¥1,461,189,282.61 in Q3 2019, compared to ¥1,396,283,482.90 in Q3 2018[28] Cash Flow - Net cash flow from operating activities decreased by 25.34% to CNY 123,976,575.45 compared to the previous year[7] - The company reported a 56.10% decrease in cash received from operating activities, down to CNY 50,714,747.25 from CNY 115,523,229.57[18] - The company raised CNY 292,656,239.95 from financing activities, a substantial increase from CNY 3,980,000.00 in the same period last year[37] - The net cash flow from financing activities was -CNY 37,228,053.23, compared to -CNY 79,566,056.80 in the previous year, indicating an improvement[37] - The company reported cash inflows from investment activities totaling CNY 820,842,571.12, significantly higher than CNY 8,016,613.45 in the same period last year[37] Investments and Acquisitions - The company is focused on expanding its market presence through strategic acquisitions and investments in new technologies[18] - Investment cash payments increased by 251.00% to CNY 1,134,012,200.00, primarily due to the acquisition of Guangxi Ouwen[18] - Goodwill surged by 10,810.65% from CNY 1,656,953.51 to CNY 180,784,435.90, resulting from the acquisition of Guangxi Ouwen[17] - The company has ongoing investments in fixed assets totaling CNY 703,769,261.98, indicating commitment to operational capacity[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,810[13] - The largest shareholder, Shanghai Kangdai Group Co., Ltd., held 40.91% of the shares, with 62,300,000 shares pledged[13] Research and Development - Research and development expenses for Q3 2019 amounted to ¥23,751,063.40, a 28.4% increase from ¥18,510,915.70 in Q3 2018[28] - Research and development expenses for Q3 2019 were ¥7,044,155.40, an increase of 31.2% from ¥5,367,633.94 in Q3 2018[34] Other Financial Metrics - Non-operating income included government subsidies amounting to CNY 10,189,113.26 for the year-to-date[10] - The company experienced a loss of CNY 1,180,813.23 from the disposal of non-current assets during the reporting period[10] - Financial expenses decreased by 87.60%, improving from CNY -17,083,918.95 to CNY -2,118,897.55, mainly due to reduced foreign exchange losses[17]