SHBM(SH:900939)2019-10-29 16:00Financial Performance - Operating revenue for the period was ¥7,822,618.37, a decrease of 24.92% compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was ¥4,623,206.26, representing an increase of 801.82% year-on-year[7]. - Basic earnings per share were ¥0.0255, up 810.71% from ¥0.0028 in the same period last year[8]. - The company reported a total profit of 5,617,958.86 for the first three quarters of 2019, compared to 1,115,010.01 in the same period of 2018[26]. - The total profit for Q3 2019 was 2,520,853.96, significantly higher than 246,829.05 in Q3 2018[26]. - The net profit for Q3 2019 reached 2,077,323.20, compared to a net loss of 369,019.12 in Q3 2018[26]. - The company reported a net loss of CNY 178,029,713.61, an improvement from a loss of CNY 195,352,919.87 in the previous period[19]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥102,377,980.15, an increase of 3.39% compared to the end of the previous year[7]. - Total liabilities decreased to CNY 21,672,533.78 from CNY 22,932,502.86, reflecting a decline of approximately 5.5%[19]. - Current liabilities totaled CNY 20,423,295.50, down from CNY 21,671,380.58, a decrease of about 5.8%[19]. - Non-current assets totaled CNY 38,228,578.67, down from CNY 39,460,077.00, indicating a decrease of about 3.1%[18]. - The total current assets as of September 30, 2019, amounted to CNY 64,149,401.48, an increase from CNY 59,561,327.80 at the end of 2018[17]. Shareholder Information - The total number of shareholders at the end of the reporting period was 11,324[10]. - The largest shareholder, Shanghai Huili Group Co., Ltd., held 51,989,300 shares, accounting for 28.64% of the total[10]. - The company's total equity attributable to shareholders increased to CNY 77,345,186.39 from CNY 72,696,093.53, reflecting a growth of approximately 6.5%[19]. Cash Flow - The company reported a cash flow from operating activities of ¥3,649,302.58, a decrease of 37.11% compared to the previous year[7]. - Cash and cash equivalents decreased to CNY 24,253,097.93 from CNY 34,406,230.38, a decline of about 29.6%[22]. - The company generated 72,867,854.04 RMB in cash inflows from investment activities in Q3 2019, down from 94,383,530.35 RMB in Q3 2018, representing a decline of about 22.8%[37]. - The net cash flow from investment activities was -9,144,163.66 RMB in Q3 2019, an improvement from -22,932,788.82 RMB in Q3 2018, indicating a year-over-year improvement of about 60.1%[37]. Operating Costs and Expenses - Operating costs for the first nine months of 2019 were CNY 717,065.40, a decrease of 81.07% from CNY 3,788,631.02 in the previous year, primarily due to the absence of aquatic trade revenue[12]. - Sales expenses decreased by 49.80% to CNY 105,042.18, attributed to the cessation of aquatic trade operations and reduced personnel and transportation costs[13]. - The company’s management expenses for Q3 2019 were ¥455,154.53, down from ¥595,010.60 in Q3 2018[30]. - Financial expenses for the first three quarters of 2019 showed a significant improvement, with a net income of -¥738,388.42 compared to -¥60,761.59 in the same period of 2018[30]. Investment Income - Investment income improved significantly, with a gain of CNY 788,314.15 compared to a loss of CNY 2,534,201.76 in the previous year, reflecting a recovery in financial returns[13]. - The company recorded investment income of ¥1,308,946.19 in Q3 2019, a recovery from a loss of -¥704,032.56 in Q3 2018[30]. - Investment income from joint ventures for Q3 2019 was 531,424.60, a recovery from a loss of 717,874.84 in Q3 2018[26]. Financial Adjustments - The company has adjusted its financial assets according to new financial instrument standards, leading to a total decrease in other comprehensive income by CNY 12,614,249.94[12]. - The company executed new financial instrument standards, affecting the classification of financial assets[46]. - The company assessed the expected credit loss model, finding no significant impact on the financial statements[42].