ZYGF(SZ:300018)2019-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 89,984,558.22, an increase of 3.85% year-on-year, while revenue from the beginning of the year to the end of the reporting period was CNY 222,281,257.18, a decrease of 11.15% compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company for the reporting period was CNY 12,831,611.29, a decrease of 749.30% year-on-year, while net profit from the beginning of the year to the end of the reporting period was CNY 18,768,670.94, an increase of 507.39% compared to the same period last year[7]. - Basic earnings per share for the reporting period were CNY 0.027, a decrease of 751.94% year-on-year, while diluted earnings per share were also CNY 0.027[7]. - The company reported a net loss of CNY 98,931,978.21, an improvement from a net loss of CNY 117,700,649.15 in the previous year[34]. - The company reported a profit before tax of CNY 13,926,058.78, compared to a loss of CNY 161,376.23 in the same period last year[42]. - The net profit for the current period was ¥5,342,124.03, compared to a net loss of ¥596,964.96 in the previous period, indicating a turnaround in profitability[47]. - The company reported a net profit attributable to the parent company of ¥18,768,670.94, a significant increase from ¥3,090,047.84 in the previous period[52]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,173,340,694.38, a decrease of 3.14% compared to the end of the previous year[7]. - The company's total assets increased to CNY 979,133,656.17, compared to CNY 958,505,785.99 at the end of the previous quarter[39]. - The company's total liabilities decreased to CNY 94,512,685.36 from CNY 150,987,811.41, indicating a reduction of approximately 37.4%[33]. - The total liabilities amounted to CNY 137,398,537.19, up from CNY 121,238,148.22 in the same period last year[39]. - The company's total assets were reported at ¥1,211,329,456.16, with current assets totaling ¥926,903,048.62[69]. - The total liabilities of the company stood at ¥150,987,811.41, with current liabilities accounting for ¥148,510,373.54[70]. Cash Flow - The company reported a net cash flow from operating activities of CNY 30,199,101.93, a decrease of 497.51% compared to the same period last year[7]. - Cash received from operating activities decreased by 77.06% to ¥25,517,308.71 compared to the same period last year, mainly due to the absence of temporary receipts from a subsidiary[21]. - The company reported a net cash flow from operating activities of ¥30,199,101.93, a significant improvement compared to a net outflow of ¥7,597,037.51 in the previous period[60]. - The net cash flow from operating activities for Q3 2019 was ¥42,844,262.35, a significant improvement compared to a net outflow of ¥21,595,908.97 in Q3 2018[64]. - The company recorded a total cash inflow from operating activities of ¥341,321,677.33, compared to ¥416,717,853.28 in the previous period[59]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,019[12]. - The largest shareholder, 邓志刚, held 7.35% of the shares, amounting to 35,450,000 shares, with 26,587,500 shares under pledge[12]. Investments - Long-term equity investments increased by 171.07% to ¥1,302,117.19, mainly due to capital increase in joint venture Wuhan Zhongyuan Jiupai Investment Management Co., Ltd.[17]. - Investment properties increased by 371.80% to ¥52,683,727.62, resulting from the reclassification of fixed assets to investment properties[17]. - Investment cash payments amounted to ¥66,050,000.00, with significant investments in various funds and companies[21]. - The company reported a 83.20% decrease in investment income to ¥206,876.01, attributed to the absence of previous gains from equity changes[19]. Government Subsidies and Non-Recurring Items - The company received government subsidies amounting to CNY 2,311,112.76 during the reporting period[9]. - The company did not report any non-recurring gains or losses that were reclassified as recurring during the reporting period[10]. Research and Development - Research and development expenses for the quarter were CNY 17,357,285.30, an increase from CNY 15,964,940.15 in the previous year[41]. - Research and development expenses amounted to ¥5,452,597.64, slightly up from ¥5,029,689.44 in the previous period, reflecting continued investment in innovation[46]. - Research and development expenses increased to ¥15,306,772.10 from ¥13,662,643.26, representing a rise of about 12%[55]. Operational Efficiency - Accounts receivable decreased by 39.64% to ¥3,170,271.38 compared to the beginning of the year due to the expiration of bank acceptance bills and settlement endorsements[17]. - Other receivables increased by 135.96% to ¥61,940,757.09, primarily due to accrued interest and increased receivables from equity transfer and guarantees[17]. - Inventory increased to CNY 116,809,677.70 from CNY 103,249,921.52, representing a growth of about 13.2%[31]. - The company's cash and cash equivalents decreased to CNY 467,810,901.75 from CNY 506,293,653.34 year-over-year[31]. Financial Management - The financial expenses showed a reduction, with a net financial income of -¥11,086,110.35 compared to -¥13,724,281.50 in the previous period, indicating better financial management[50]. - The cash outflow from financing activities in Q3 2019 was ¥10,470,140.76, a decrease from ¥65,154,645.24 in Q3 2018[65]. - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[27]. - There were no violations regarding external guarantees during the reporting period[26].