SMTC(SH:900927)2019-10-30 16:00Financial Performance - Operating income for the first nine months reached CNY 5,346,767,596.00, a growth of 6.32% year-on-year[6] - Net profit attributable to shareholders increased by 18.48% to CNY 48,312,146.96 compared to the same period last year[6] - Cash flow from operating activities improved significantly, reaching CNY 366,652,118.84, a year-on-year increase of 1,267.00%[6] - Basic earnings per share increased by 18.48% to CNY 0.0974[6] - The company reported a net profit excluding non-recurring gains and losses of CNY 39,708,929.24, reflecting a 14.10% increase year-on-year[6] - Net profit for the first three quarters of 2019 was reported at ¥43,329,520.89, compared to ¥32,034,229.25 in the same period of 2018, indicating a year-on-year increase of 35.4%[21] - In Q3 2019, the company's net profit reached CNY 19,517,090.60, a 68.3% increase compared to CNY 11,594,650.16 in Q3 2018[22] - The total profit for Q3 2019 was CNY 24,719,289.58, up 60.5% from CNY 15,376,520.04 in the same period last year[22] - The company's operating profit for Q3 2019 was CNY 23,490,130.90, representing a 60.5% increase from CNY 14,631,080.36 in Q3 2018[22] Assets and Liabilities - Total assets increased by 45.93% to CNY 2,496,434,206.46 compared to the end of the previous year[6] - Total assets increased to CNY 2,496,434,206.46, up 46% from CNY 1,710,700,769.15 year-on-year[14] - Total liabilities decreased to ¥236,478,391.31 from ¥300,594,993.06 year-on-year, showing a reduction of 21.3%[20] - The total assets as of September 30, 2019, amounted to ¥789,651,276.90, a decrease from ¥814,341,778.38 at the end of 2018[19] - The total liabilities amounted to CNY 1,048,697,459.67, with current liabilities at CNY 949,504,527.44[37] Shareholder Information - The total number of shareholders reached 54,473, with 39,833 holding A shares and 14,640 holding B shares[9] - The largest shareholder, Bailian Group Co., Ltd., holds 48.10% of the shares[9] Cash and Cash Equivalents - Cash and cash equivalents rose by 148.12% to CNY 750,070,246.01 from CNY 302,299,526.98[11] - Cash and cash equivalents were reported at ¥22,354,441.63, down from ¥35,502,320.33 at the end of 2018, representing a decline of 37.0%[18] - Cash and cash equivalents at the end of Q3 2019 totaled ¥492,540,246, compared to ¥358,639,677.79 at the end of Q3 2018, reflecting an increase of 37.1%[31] Inventory and Receivables - Inventory increased by 55.40% to CNY 672,688,813.20 compared to CNY 432,878,204.22 in the previous year[11] - The company’s inventory stood at CNY 432,878,204.22, indicating stable stock levels[36] - The company’s other receivables included CNY 89,298,006.12, with dividends receivable at CNY 19,182,835.72[36] Cash Flow - Net cash flow from operating activities for the first three quarters of 2019 was ¥366,652,118.84, a significant recovery from a net outflow of -¥31,418,431.32 in the same period of 2018[30] - The company reported a total cash inflow from operating activities of ¥6,656,015,296.45 in the first three quarters of 2019, an increase from ¥5,741,079,785.57 in the same period of 2018[30] - The company’s total cash outflow from operating activities was ¥6,289,363,177.61 in the first three quarters of 2019, compared to ¥5,772,498,216.89 in the same period of 2018[30] Investment and Development - The company plans to expand its market presence and invest in new product development to drive future growth[21] - The company has long-term equity investments valued at $563,666,977.36[41] - The company has other equity instrument investments totaling $15,955,443.75[41] Legal Matters - The company has ongoing litigation related to past information disclosure violations, with one investor's compensation pending execution[12] Financial Adjustments - The company has adjusted its financial reporting to comply with new financial instrument standards, impacting the classification of certain investments[38]