DCITS(SZ:000555)2019-10-21 16:00Financial Performance - Operating revenue for the period reached RMB 2,104,043,896.30, representing a year-on-year increase of 4.66%[8] - Net profit attributable to shareholders was RMB 61,170,421.26, an increase of 33.37% year-on-year[8] - Basic earnings per share for the period were RMB 0.0635, up 33.40% year-on-year[8] - The company reported a total comprehensive income of ¥58,830,853.33, compared to ¥44,164,139.05 in the previous period, indicating a growth of 33.4%[90] - Net profit for the current period was ¥182,393,839.76, a decrease from ¥294,177,470.74 in the previous period, indicating a decline of approximately 38.0%[102] - The total comprehensive income for the current period was ¥195,161,811.48, down from ¥291,926,729.03 in the previous period, reflecting a decrease of approximately 33.0%[104] Cash Flow - The company reported a net cash flow from operating activities of RMB -614,865,394.82, a decrease of 14.68% year-on-year[8] - Cash inflow from operating activities is 6,343,622,059.07, compared to 6,249,108,230.55 in the previous period, showing a slight increase[112] - The cash flow from investing activities shows a net inflow of 474,157,884.41, compared to a net outflow of -323,118,497.22 in the previous period[116] - Cash flow from financing activities showed a net outflow of -714,491,181.80, worsening from -264,050,680.36 in the previous period[118] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 9,986,486,358.01, a decrease of 6.64% compared to the end of the previous year[8] - Current liabilities decreased from CNY 5,575,438,558.34 to CNY 4,802,910,027.78, a reduction of about 13.8%[68] - The total liabilities decreased from CNY 5,672,619,873.04 to CNY 4,858,998,187.54, a reduction of about 14.3%[70] - The total equity attributable to shareholders increased from CNY 4,946,084,692.51 to CNY 5,039,130,284.13, an increase of about 1.9%[70] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 63,000[12] - The largest shareholder, Shenzhou Digital Software Co., Ltd., held 40.43% of the shares, amounting to 389,540,110 shares[12] - The company did not engage in any repurchase transactions during the reporting period[16] Research and Development - Research and development expenses increased by 53.22% to CNY 241,550,502.75, mainly due to increased investment in R&D[26] - Research and development expenses increased significantly to ¥96,895,928.75 from ¥45,594,224.14, marking a rise of 112%[84] Strategic Initiatives - The company plans to donate CNY 2 million to establish the Beijing Fintech Research Institute[32] - The company announced a strategic partnership with a leading tech firm to enhance its service offerings, expected to generate 100 million RMB in additional revenue[42] - The company plans to implement a stock option incentive plan for key employees, aiming to improve retention and performance[42] Market Performance and Guidance - User data showed an increase in active users by 20% compared to the previous quarter, reaching 2 million active users[42] - The company provided guidance for Q4 2019, expecting revenue growth of 10% to 12% year-over-year[42] - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2021[42] Investment and Acquisitions - The company completed the acquisition of a software firm for 500 million RMB, aimed at strengthening its product portfolio[42] - DC Software has sold a total of 3,031,000 shares of Dingjie Software, retaining 43,696,639 shares, which accounts for approximately 16.43% of the total share capital[34] Financial Adjustments - The company executed adjustments in financial reporting standards, impacting various financial statement items[125] - The company has not engaged in any derivative investments during the reporting period[55]