YINLUN(SZ:002126)2019-10-29 16:00Financial Performance - Operating revenue for the period was ¥1,161,922,615.19, reflecting a decrease of 2.23% year-on-year[9]. - Net profit attributable to shareholders was ¥54,078,857.42, down 33.64% compared to the same period last year[9]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,086,489.08, a decline of 69.63% year-on-year[9]. - Basic earnings per share were ¥0.07, down 30.00% year-on-year[9]. - Weighted average return on equity was 1.47%, a decrease of 0.86% compared to the previous year[9]. - The company reported a significant increase in long-term equity investments to approximately ¥380.77 million, up 21.29% from ¥313.96 million[86]. - The net profit for the current period was ¥58,095,176.57, down 38.3% from ¥93,901,438.35 in the previous period[106]. - The net profit attributable to the parent company is ¥255,804,381.83, down from ¥283,718,721.01, reflecting a decline of 9.85%[122]. - The total comprehensive income for the current period is ¥281,423,947.60, compared to ¥263,131,309.62 in the previous period, indicating an increase of 6.09%[122]. Cash Flow - Operating cash flow net amount was ¥104,696,183.58, an increase of 52.24% compared to the same period last year[9]. - Net cash flow from operating activities rose by 111.77% year-on-year, attributed to improved accounts receivable management and changes in supplier payment methods[27]. - The net cash flow from financing activities decreased by 132.96% year-on-year, mainly due to increased repayment of bank loans[27]. - Cash inflow from operating activities amounted to CNY 1,517,747,832.59, compared to CNY 1,197,566,751.74 in the previous period, marking an increase of about 26.7%[137]. - Net cash flow from operating activities reached CNY 342,363,088.77, significantly up from CNY 161,668,570.39, indicating a year-over-year increase of about 111.5%[134]. - Cash outflow from investing activities was CNY 881,600,645.72, down from CNY 1,026,208,268.44, showing a decrease of approximately 14.1%[136]. - Cash inflow from investment activities was CNY 397,348,856.47, a decrease from CNY 592,338,872.30, indicating a decline of about 32.9%[137]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,075,819,286.26, an increase of 2.76% compared to the end of the previous year[9]. - Current assets totaled approximately ¥4.47 billion as of September 30, 2019, an increase of 3.39% from ¥4.32 billion on December 31, 2018[83]. - Total liabilities amounted to approximately ¥3.95 billion, an increase of 5.12% from ¥3.76 billion at the end of 2018[89]. - Shareholders' equity totaled approximately ¥4.12 billion, a slight increase from ¥4.10 billion year-over-year[92]. - The company's equity totaled CNY 4,096,912,918.79, with total equity attributable to shareholders at CNY 3,605,604,813.61[150]. Investment and R&D - Investment income increased by 122.99% compared to the same period last year, mainly due to the sale of Shengda Bio shares[26]. - Investment in R&D increased by 30% in 2019, focusing on innovative technologies to enhance product efficiency[44]. - Research and development expenses for the current period were ¥55,844,101.08, compared to ¥48,280,221.82 in the previous period, reflecting a growth of 15.8%[106]. - The company's R&D expenses increased to ¥110,914,639.13, up 19.77% from ¥92,537,233.52 in the previous period[126]. Market and Product Development - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in sales in that region by the end of 2020[44]. - New product development includes the launch of a high-efficiency heat exchanger, expected to contribute an additional 100 million CNY in revenue in 2020[44]. - The company has plans for market expansion and new product development in the upcoming quarters[77]. - The company is exploring potential mergers and acquisitions to strengthen its supply chain and expand its product offerings[44]. Financial Products and Management - The company has entrusted a total of RMB 63,416.39 million in wealth management products, with an expected annual return rate ranging from 3.10% to 4.15%[36]. - The company is focusing on high liquidity assets, including bonds and deposits, to enhance its financial stability[51]. - The company is actively managing its funds through unified operations to optimize returns on structured deposits[49]. - The company reported a total of 5,000 million RMB in structured deposits with a guaranteed return, yielding an interest rate of 3.83%[49]. - The company achieved a return of 31.64 million from a structured deposit (principal guaranteed floating income type) issued on June 10, 2019[60].