TCT(SH:688015)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 899,826,110.53, a 40.89% increase from the same period last year[6]. - Net profit attributable to shareholders surged by 325.37% to CNY 47,336,548.02 for the first nine months[6]. - Basic and diluted earnings per share both increased by 311.11% to CNY 0.37[7]. - Total operating revenue for Q3 2019 reached ¥337,627,744.18, a significant increase of 80.0% compared to ¥187,408,998.60 in Q3 2018[31]. - Net profit for Q3 2019 was ¥13,327,449.36, recovering from a net loss of ¥6,384,587.38 in Q3 2018[33]. - The company reported a total profit of ¥16,497,913.60 in Q3 2019, recovering from a loss of ¥8,250,713.08 in Q3 2018[33]. - The total comprehensive income attributable to the parent company for Q3 2019 was ¥15.04 million, a recovery from a loss of ¥7.12 million in the same period last year[38]. Asset Growth - Total assets increased by 53.79% to CNY 3,229,152,481.31 compared to the end of the previous year[6]. - Total assets at the end of Q3 2019 were significantly impacted, with cash and cash equivalents increasing by 62.32% to ¥861,025,440.04 from ¥530,464,928.26[17]. - The total assets as of Q3 2019 were ¥3,192,066,690.34, up from ¥2,043,737,927.51 in the previous year, indicating a growth of 56.2%[32]. - Cash and cash equivalents reached CNY 803,891,138.08, up from CNY 499,231,375.48, representing a growth of approximately 61%[26]. - The total current assets amounted to CNY 2,955,556,339.15, compared to CNY 1,902,417,520.18, marking an increase of about 55%[22]. Shareholder Information - Net assets attributable to shareholders rose by 151.71% to CNY 1,004,723,311.07 year-on-year[6]. - The total number of shareholders reached 13,785 by the end of the reporting period[11]. - The top ten shareholders collectively hold 66.26% of the company's shares, with the largest shareholder owning 16.66%[11]. - Shareholders' equity increased significantly to CNY 1,011,720,132.05 from CNY 404,988,977.54, indicating a growth of around 150%[24]. Cash Flow - Net cash flow from operating activities improved significantly to CNY 196,291,220.56, compared to a negative cash flow of CNY -126,590,260.37 in the previous year[6]. - The company reported a net cash flow from financing activities of ¥540,898,083.27, a 729.51% increase compared to ¥65,206,985.19 in the same period last year, due to increased funds from the initial public offering[13]. - The net cash flow from operating activities for the first three quarters of 2019 was ¥196,291,220.56, compared to a negative cash flow of ¥126,590,260.37 in the same period of 2018, indicating a turnaround in operational efficiency[40]. - The cash flow from financing activities in Q3 2019 resulted in a net inflow of ¥540,898,083.27, compared to a net inflow of ¥65,206,985.19 in Q3 2018, indicating a strong financing position[41]. Cost and Expenses - Operating costs increased by 34.72% to ¥652,918,672.58 from ¥484,657,175.34 year-on-year, attributed to increased project deliveries[13]. - Research and development expenses rose by 30.56% to ¥62,283,064.05, driven by higher personnel costs and equipment investments[13]. - Research and development expenses for Q3 2019 totaled ¥27,271,298.71, an increase from ¥20,701,346.89 in Q3 2018, indicating a focus on innovation[32]. - The company's total operating costs for Q3 2019 were ¥262.38 million, which is an increase from ¥148.62 million in Q3 2018, primarily due to higher sales and administrative expenses[37]. Liabilities - Current liabilities rose to CNY 2,093,184,491.79, compared to CNY 1,564,523,256.91, marking an increase of about 34%[23]. - Total liabilities reached CNY 2,217,432,349.26, up from CNY 1,694,770,773.84, reflecting a growth of approximately 31%[23]. - Total liabilities as of Q3 2019 amounted to ¥2,181,614,217.10, compared to ¥1,645,877,523.82 in the previous year, showing a growth of 32.5%[32].