Der(SZ:002631)2019-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 35.56% to ¥28,957,491.07 for the reporting period[7] - The company reported a total net profit of ¥89,975,719.25 for the year-to-date, a decrease of 28.95% compared to the same period last year[7] - The net profit for Q3 2019 was CNY 82.00 million, down from CNY 121.94 million in Q3 2018, indicating a decrease of 32.8%[49] - The net profit for the third quarter was CNY 29,242,970.78, down 33.7% from CNY 44,180,127.51 in the previous year[39] - The company's operating profit for Q3 2019 was CNY 111.93 million, down from CNY 163.41 million in the same quarter last year, reflecting a decline of 31.5%[49] Revenue and Costs - Operating revenue for the period was ¥501,673,271.03, reflecting a year-on-year increase of 2.88%[7] - Total operating revenue for Q3 2019 was CNY 501,673,271.03, an increase of 2.14% compared to CNY 487,629,183.15 in Q3 2018[37] - Total operating costs for Q3 2019 were CNY 460,530,896.34, up from CNY 436,518,107.06 in the same period last year, reflecting a year-over-year increase of 5.5%[37] - The total operating costs for the third quarter were CNY 134,143,351.67, up from CNY 111,469,380.45 in the same period last year[41] Assets and Liabilities - Total assets increased to ¥3,287,411,294.93, representing a growth of 27.83% compared to the previous year[7] - The total liabilities as of September 30, 2019, were CNY 1,338,727,869.14, compared to CNY 763,993,992.81 at the end of 2018, indicating a significant increase in leverage[34] - Total assets increased to CNY 3,225,980,716.27 as of September 30, 2019, from CNY 2,510,452,648.41 at the end of 2018, representing a growth of about 28.5%[33] - The total equity attributable to shareholders rose to CNY 1,887,252,847.13 from CNY 1,746,458,655.60, reflecting an increase of approximately 8.06%[35] Cash Flow - The net cash flow from operating activities dropped significantly by 59.18% to ¥28,274,701.81[7] - Net cash flow from operating activities decreased by 95.47% compared to the same period last year, mainly due to increased bonus payments and reduced cash sales[16] - The cash flow from operating activities for the year-to-date period was CNY 1.49 billion, slightly down from CNY 1.49 billion in the previous year[51] - The net cash flow from investment activities was -698,405,490.44 CNY, compared to -66,407,477.78 CNY in the same period last year[53] Shareholder Information - The total number of shareholders at the end of the reporting period was 45,635[11] - The largest shareholder, Del Group Co., Ltd., holds 53.33% of the shares, amounting to 356,831,040 shares[11] Research and Development - Research and development expenses increased by 40.09% compared to the same period last year, mainly due to increased R&D investment[16] - The company reported a research and development expense of CNY 9,437,976.99 for Q3 2019, which is an increase from CNY 8,923,622.21 in Q3 2018, highlighting a commitment to innovation[37] - Research and development expenses for the third quarter were CNY 2,146,212.33, a decrease of 13.9% from CNY 2,495,058.27 in the previous year[41] Financial Expenses - Financial expenses increased by 584.38% compared to the same period last year, primarily due to the accrual of convertible bond interest[16] - The company incurred financial expenses of CNY 11,378,613.61 in the third quarter, significantly higher than CNY 1,440,768.38 in the same period last year[41] - The financial expenses for Q3 2019 increased significantly to CNY 17.35 million, compared to CNY 1.24 million in Q3 2018[49]