Appo(SH:688007)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders increased by 12.96% to CNY 124,130,427.05 year-on-year[17] - Operating revenue for the first nine months reached CNY 1,351,772,312.07, a year-on-year growth of 37.48%[17] - The net profit excluding non-recurring gains and losses decreased by 14.10% to CNY 90,158,518.82 compared to the same period last year[17] - The company reported a net profit of ¥152,466,351.17 for the first nine months of 2019, compared to ¥120,632,947.59 in the same period of 2018, an increase of about 26.3%[65] - The company reported a net profit of RMB 160,004,297.63 for the first three quarters of 2019, up 17.6% from RMB 136,066,589.00 in the same period of 2018[70] - The net profit for Q3 2019 was CNY 24,483,757.32, a decrease from CNY 72,200,778.35 in the same period last year, representing a decline of approximately 66%[79] - Net profit for Q3 2019 was RMB 68,798,481.44, a decrease of 4.1% from RMB 71,573,741.50 in Q3 2018[70] Assets and Liabilities - Total assets increased by 50.62% to CNY 3,122,972,083.16 compared to the end of the previous year[17] - The company's total assets as of September 30, 2019, included RMB 859,000,000.00 in financial assets measured at fair value, indicating the use of temporarily idle raised funds for wealth management products[31] - The company's total assets amounted to approximately CNY 3.12 billion, an increase from CNY 2.07 billion as of December 31, 2018[51] - The company's total liabilities as of September 30, 2019, were approximately CNY 1.67 billion, compared to CNY 1.45 billion at the end of 2018, reflecting an increase of 15.2%[55] - Total liabilities decreased to ¥477,306,147.39 from ¥573,543,724.85, a reduction of approximately 16.8%[63] - Total liabilities were reported at ¥1,246,572,463.87, with non-current liabilities comprising ¥433,545,251.55[100] Cash Flow - The net cash flow from operating activities increased by 68.72% to CNY 54,312,138.69 compared to the same period last year[17] - The net cash flow from operating activities for the first nine months of 2019 was RMB 54,312,138.69, a 68.72% increase from RMB 32,190,337.53 in the same period of 2018, mainly due to profit growth[36] - Cash inflow from operating activities totaled 949,227,213.50 RMB, an increase from 793,451,604.37 RMB year-over-year[89] - The net cash flow from financing activities increased by 113.71% to RMB 1,000,513,933.95 in Q3 2019, compared to RMB 468,164,876.18 in Q3 2018, primarily due to new share issuance and partial repayment of bank loans[36] - The net cash flow from financing activities was 1,020,564,322.20 RMB, compared to 498,372,975.64 RMB in the same period last year[89] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,278[25] - Major shareholder Shenzhen Guangfeng Holdings Co., Ltd. holds 17.66% of the shares[25] - The company granted 4.4 million restricted stock units to 169 incentive recipients at a price of CNY 17.5 per share on October 14, 2019[38] Costs and Expenses - The company's operating costs increased by 38.33% to RMB 795,826,871.07 in Q3 2019, up from RMB 575,302,875.69 in Q3 2018, due to expanded sales scale[34] - Total operating costs for Q3 2019 were RMB 411,966,261.96, up 30% from RMB 317,029,382.74 in Q3 2018[66] - Research and development expenses rose by 65.01% to RMB 137,387,108.98 in Q3 2019, compared to RMB 83,258,414.40 in Q3 2018, reflecting increased investment in R&D personnel and related services[34] - Sales expenses for Q3 2019 were RMB 40,911,236.25, a significant increase from RMB 21,572,756.98 in Q3 2018[66] Earnings Per Share - Basic earnings per share decreased by 44.64% to CNY 0.31[20] - The company reported a basic earnings per share of 0.31 in Q3 2019, a decrease of 44.64% from 0.56 in Q3 2018, primarily due to an increase in share capital[34] - Basic earnings per share for Q3 2019 were RMB 0.13, down from RMB 0.16 in Q3 2018[75] Other Information - The company reported a government subsidy of CNY 2,764,407.02 during the reporting period[21] - The company has received three invalidation request case closure notices during the reporting period, indicating ongoing legal proceedings[44] - The report does not include an audit report, indicating a focus on internal assessments[109] - The company has not disclosed any new product developments or market expansion strategies in the current report[108] - There are no updates on mergers or acquisitions mentioned in the financial report[108] - The company has not provided specific future outlook or performance guidance in this document[108]