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天宜上佳(688033) - 2019 Q3 - 季度财报
TYSJTYSJ(SH:688033)2019-10-27 16:00

Financial Performance - Operating income for the first nine months increased by 2.18% to CNY 440,232,059.19 compared to the same period last year[18]. - Net profit attributable to shareholders increased by 1.72% to CNY 211,113,520.68 compared to the same period last year[18]. - The company’s net profit for the period increased by 56.86% to RMB 506,624,685.46 from RMB 322,983,546.80, attributed to increased operating income[31]. - Net profit for Q3 2019 was CNY 57,670,105.77, down from CNY 59,443,646.95 in Q3 2018, showing a decrease of about 3.0%[62]. - Net profit for the third quarter was CNY 62,183,544.27, compared to CNY 56,271,820.70 in the same quarter last year, reflecting a growth of approximately 15.5%[72]. - Total comprehensive income for the first three quarters of 2019 was CNY 215,657,305.29, compared to CNY 202,176,330.77 in the same period of 2018, representing an increase of approximately 6.5%[74]. Assets and Liabilities - Total assets increased by 76.89% to CNY 2,402,284,888.68 compared to the end of the previous year[18]. - Current assets totaled approximately $1.97 billion, compared to $940.49 million in the previous year, indicating a growth of approximately 109.0%[50]. - Total liabilities amounted to approximately $118.79 million, slightly down from $127.98 million, a decrease of about 7.5%[44]. - Total current liabilities decreased to approximately $70.70 million from $93.30 million, a reduction of about 24.2%[44]. - The total assets of the company were reported at 1,358,065,403.31 RMB, a decrease of 10,606,028.33 RMB from the previous total of 1,368,671,431.64 RMB[89]. - The total liabilities stood at 127,975,731.05 RMB, unchanged from the previous reporting period[89]. Shareholder Information - The total number of shareholders reached 17,792[25]. - The largest shareholder, Wu Peifang, holds 27.86% of the shares[25]. - Owner's equity increased significantly to approximately $2.28 billion from $1.23 billion, marking a growth of about 85.4%[45]. Cash Flow - Net cash flow from operating activities decreased by 51.77% to CNY 79,502,303.39 compared to the same period last year[18]. - The company's net cash flow from operating activities decreased by 51.77% to RMB 79,502,303.39 from RMB 164,838,192.37, primarily due to customers not making timely payments[33]. - Cash inflows from operating activities totaled CNY 345,885,002.80, down 24.5% from CNY 457,550,215.14 year-over-year[76]. - The net cash flow from investing activities was CNY -135,923,893.62, worsening from CNY -108,545,003.30 in the same period of 2018[78]. - The cash and cash equivalents at the end of the period reached CNY 1,110,692,463.32, compared to CNY 313,749,307.48 at the end of the same period in 2018, indicating a substantial increase[80]. Expenses - The company reported a 42.49% increase in cash paid for other operating activities to RMB 67,696,899.50 from RMB 47,508,639.80, driven by increased management and R&D expenses[33]. - Operating costs for Q3 2019 were CNY 59,023,563.42, compared to CNY 53,796,948.27 in Q3 2018, indicating an increase of about 9.9%[58]. - R&D expenses rose significantly to CNY 11,386,280.87 in Q3 2019, up from CNY 5,523,825.36 in Q3 2018, reflecting a growth of approximately 106.5%[58]. - Research and development expenses increased to CNY 9,200,490.07 in the third quarter, compared to CNY 3,450,158.20 in the same period last year, indicating a focus on innovation[69]. Future Outlook - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[58]. - Future guidance indicates a focus on expanding market presence and exploring potential mergers and acquisitions to drive growth[58].