CNANO(SH:688116)2019-10-29 16:00Financial Performance - Operating income for the first nine months rose by 27.63% to CNY 300,807,327.49 compared to the same period last year[20] - Net profit attributable to shareholders increased by 99.25% to CNY 91,005,986.21 compared to the same period last year[20] - Basic earnings per share rose by 92.59% to CNY 0.52 compared to the same period last year[22] - Net profit reached ¥90,793,512.08, a significant increase of 98.79% driven by expanded sales and increased franchise income[37] - Operating profit grew to ¥104,101,978.08, up 93.09% due to increased sales scale[37] - Total operating revenue for Q3 2019 was CNY 112,391,326.30, an increase from CNY 105,530,963.60 in Q3 2018, representing a growth of approximately 8.8%[59] - Net profit for Q3 2019 reached CNY 38,871,198.48, compared to CNY 22,499,669.04 in Q3 2018, reflecting an increase of approximately 72.9%[63] - Total comprehensive income for the period was CNY 25,208,975.82, compared to CNY 21,881,036.08 in the same period last year, representing an increase of approximately 15.0%[74] Assets and Liabilities - Total assets increased by 107.95% to CNY 1,769,139,037.03 compared to the end of the previous year[20] - Total liabilities were reported at ¥201,767,468.99, slightly down from ¥207,952,912.00, indicating a decrease of around 3.5%[50] - Current assets totaled ¥1,350,355,193.44, significantly higher than ¥464,890,150.14, indicating a year-over-year increase of about 190.5%[45] - Non-current assets amounted to ¥418,783,843.59, up from ¥385,873,961.04, showing a growth of about 8.5%[48] - The total liabilities increased to CNY 241,110,767.51 from CNY 205,889,249.98, showing an increase of approximately 17.0%[58] - Total assets reached RMB 835,442,429.68, while total liabilities were RMB 205,889,249.98, resulting in total equity of RMB 629,553,179.70[98] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 67,947,902.56, a significant improvement from a negative CNY 70,617,772.46 in the previous year[20] - Cash inflows from operating activities totaled CNY 225,342,041.65, up from CNY 152,577,138.09, indicating a growth of about 47.7% year-over-year[76] - Cash inflows from investment activities amounted to CNY 105,281,100.52, compared to CNY 4,320,173.62 in the same period last year, showing a substantial increase[79] - The net cash flow from financing activities was CNY 850,948,698.18, a notable rise from CNY 11,288,033.56 in the previous year[80] - The ending balance of cash and cash equivalents was CNY 955,627,722.94, compared to CNY 56,483,464.43 at the end of the same period last year[81] Shareholder Information - Net assets attributable to shareholders increased by 144.41% to CNY 1,557,965,839.89 compared to the end of the previous year[20] - The total number of shareholders reached 29,276 by the end of the reporting period[22] - Shareholders' equity reached ¥1,567,371,568.04, compared to ¥642,811,199.18, marking an increase of approximately 144.5%[50] Research and Development - Research and development expenses increased to ¥15,680,360.66, reflecting a 44.13% rise due to higher R&D investments[34] - Research and development expenses for Q3 2019 amounted to CNY 5,479,427.05, up from CNY 3,692,148.34 in Q3 2018, marking a rise of about 48.4%[59] Inventory and Receivables - Accounts receivable increased to ¥103,496,227.03, up 36.23% due to expanded production and sales volume[32] - Inventory rose to ¥70,775,641.67, reflecting a 32.37% increase as a result of larger sales scale[32] - The company’s inventory was valued at RMB 53,468,159.20, indicating effective inventory management practices[93] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[63] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[69]