SINOSUN(SZ:300333)2019-10-28 16:00Financial Performance - Operating revenue for the reporting period was CNY 59,794,126.80, representing an increase of 18.55% year-on-year[7]. - Net profit attributable to shareholders was CNY 3,111,639.87, a decrease of 29.53% compared to the same period last year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,699,762.24, down 24.82% year-on-year[7]. - Basic earnings per share for the reporting period were CNY 0.0093, a decrease of 29.01% compared to the same period last year[7]. - The weighted average return on net assets was 0.38%, down 0.15% from the previous year[7]. - Operating revenue for the period was CNY 170.99 million, reflecting a 7.83% year-over-year growth due to stable product sales and gross margin[16]. - Net profit for the current period was ¥8,241,815.09, down 14.5% from ¥9,641,980.59 in the previous period[42]. - The total profit for the current period was ¥11,773,259.49, reflecting a decrease from ¥14,593,392.00 in the previous period[42]. - Net profit for the period was ¥29,155,215.37, a decrease of 6.59% from ¥31,215,094.90 in the same period last year[50]. - The total profit for the period was ¥39,739,208.79, compared to ¥43,648,251.35 in the previous period, marking a decrease of 9.25%[50]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was CNY -15,655,510.14, a decrease of 217.85%[7]. - The company's cash and cash equivalents increased by 20.86% to CNY 367.95 million due to reduced investment in financial products and increased time deposits[15]. - Cash and cash equivalents at the end of the period increased to 367,948,582.33 CNY, compared to 274,336,517.60 CNY at the end of the previous period, marking a growth of approximately 34.2%[59]. - The total cash inflow from operating activities was 185,363,584.37 CNY, while the total cash outflow was 201,019,094.51 CNY, leading to a net cash flow deficit[58]. - The company achieved a cash inflow from operating activities of ¥176,083,536.00, slightly up from ¥175,532,616.82 in the previous period[57]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,499[11]. - The largest shareholder, Xinjiang Chaojun Equity Investment Co., Ltd., held 19.88% of the shares, amounting to 66,791,952 shares[11]. - As of the report date, the controlling shareholder, Xinjiang Chaojun Equity Investment Co., Ltd., has reduced its holdings by 3.33 million shares, accounting for 0.99% of the total share capital[20]. - The controlling shareholder plans to reduce up to 6.72 million shares, representing 2.00% of the total share capital, within a six-month period starting from June 10, 2019[20]. Liabilities and Equity - Total assets at the end of the reporting period were CNY 863,794,315.46, a decrease of 3.08% compared to the end of the previous year[7]. - Total liabilities decreased significantly from CNY 59,012,008.85 to CNY 22,595,331.30, a reduction of about 61.7%[33]. - Owner's equity increased from CNY 832,203,768.79 to CNY 841,198,984.16, an increase of approximately 1.2%[34]. - Total liabilities and owner's equity decreased from CNY 891,215,777.64 to CNY 863,794,315.46, a decline of about 3.1%[34]. Research and Development - Research and development expenses surged by 22.35% to CNY 36.28 million as the company intensified investment in financial technology innovation[16]. - Research and development expenses rose significantly to ¥14,741,993.71, a 37.0% increase from ¥10,699,912.43 in the previous period[41]. - Research and development expenses increased to ¥36,277,710.28, representing a rise of 22.36% compared to ¥29,651,871.58 in the previous period[48]. Investment Income - Investment income dropped by 59.65% to CNY 3.26 million, impacted by reduced interest income from financial products[16]. - The company’s investment income was ¥454,561.91, down from ¥970,173.17 in the previous period[41]. - The investment income for the period was ¥3,255,285.61, down from ¥8,067,086.68, reflecting a decrease of 59.62%[48]. Government Subsidies - The company received government subsidies amounting to CNY 1,502,000.00 during the reporting period[8]. Other Financial Metrics - The company reported a significant increase in other receivables by 243.13% to CNY 4.66 million, mainly due to accrued interest on time deposits[15]. - The company approved the use of up to RMB 140 million of idle funds for low-risk financial products, with a two-year term starting from January 7, 2019[19]. - The company redeemed RMB 4 million from a financial product with Ningbo Bank, earning interest income of RMB 41.42 thousand during the period from December 13, 2018, to March 13, 2019[19]. - The company has no violations regarding external guarantees during the reporting period[25]. - There are no non-operating fund occupations by the controlling shareholder or related parties during the reporting period[26].