Sun Cable(SZ:002300)2019-10-27 16:00Financial Performance - Net profit attributable to shareholders rose by 45.72% to CNY 53,747,345.61 for the reporting period[8] - Operating revenue for the period reached CNY 1,822,717,715.95, reflecting a growth of 28.34% year-on-year[8] - The net profit after deducting non-recurring gains and losses grew by 64.28% to CNY 46,766,388.69 for the reporting period[8] - Basic earnings per share increased by 45.63% to CNY 0.0900[8] - The weighted average return on equity improved to 3.73%, up from 1.07% in the previous year[8] - The total profit for the current period is ¥77,558,778.71, an increase of 49.9% compared to ¥51,678,936.02 in the previous period[67] - The net profit attributable to the parent company is ¥53,747,345.61, up 45.7% from ¥36,883,243.25 in the same period last year[67] - The operating profit for the current period is ¥64,697,590.34, an increase of 37.0% from ¥47,204,301.91 in the previous period[70] - Net profit for the current period was ¥134,480,124.37, representing a 59.5% increase from ¥84,306,962.53 in the same period last year[79] Assets and Liabilities - Total assets increased by 12.60% to CNY 4,296,404,075.96 compared to the end of the previous year[8] - Current assets totaled RMB 2,662,283,574.41, compared to RMB 2,133,184,333.48 in the previous year, reflecting a growth of approximately 24.8%[43] - Total liabilities reached RMB 2,806,327,501.45, up from RMB 2,402,033,849.20, indicating a growth of about 16.8%[45] - The company reported a total asset value of approximately ¥3.22 billion, with current assets totaling approximately ¥1.71 billion[120] - The total liabilities and equity combined reached approximately ¥3.82 billion[114] Cash Flow - The net cash flow from operating activities surged by 272.58% to CNY 210,936,370.09[8] - Cash and cash equivalents increased by 86.82% from the beginning of the year, reaching 650,997,913.56 CNY, primarily due to enhanced collection efforts[20] - Cash flow from financing activities increased by 10.94% to 2,962,000,000.00 CNY, reflecting a net cash inflow from borrowings[25] - The net increase in cash and cash equivalents was 236,006,635.11 CNY, a significant rise of 1485.37% compared to the previous year[25] - Cash flow from operating activities generated 4,959,083,744.49, compared to 3,500,099,739.68 in the prior period[92] Shareholder Information - The company reported a total of 50,741 shareholders at the end of the reporting period[12] - The top three shareholders hold a combined 59.97% of the shares, with Fuzhou Taishun Industrial Co., Ltd. holding 22.31%[12] Research and Development - Research and development expenses increased by 34.67% to 12,816,561.66 CNY, indicating a boost in R&D investment[24] - The company's R&D expenses increased significantly to ¥2,348,011.67, compared to ¥537,098.74 in the previous period, reflecting a focus on innovation[70] Operating Costs - Operating costs rose by 31.01% to 4,408,881,221.45 CNY, reflecting higher revenue costs[24] - Total operating costs amounted to ¥4,674,994,920.62, up 30.3% from ¥3,588,803,602.78 in the prior period[76] Tax and Other Expenses - The company reported a 54.29% increase in income tax expenses to 44,757,769.65 CNY, correlating with the growth in profit[24] - The company incurred a financial expense of ¥12,802,090.65, down from ¥17,386,784.36 in the previous period, indicating improved cost management[70] Investment Income - Investment income surged by 2007.06% to 4,227,721.53 CNY, mainly due to a turnaround in performance from a subsidiary[24] - The company reported a total investment income of RMB 2,341,924.00 from stock investments, with a fair value change of RMB 41,716,475.12[28]