LECRON(SZ:300343)2019-10-29 16:00Financial Performance - Operating revenue for the reporting period reached CNY 1,073,901,547.26, an increase of 11.78% year-on-year[8] - Net profit attributable to shareholders decreased by 37.91% to CNY 38,250,444.08 compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses fell by 56.30% to CNY 32,551,328.80[8] - Basic earnings per share decreased by 68.97% to CNY 0.0324[8] - Total revenue decreased by 39.60% to 14,780.71 million, compared to 24,471.41 million in the previous year[30] - Net profit fell by 38.73% to 12,406.39 million, down from 20,249.76 million year-on-year[30] - The net profit for the current period is CNY 124,063,911.92, compared to CNY 202,497,557.13 in the previous period, reflecting a decrease of approximately 38.7%[86] - The total profit for the current period is CNY 147,807,117.96, down from CNY 244,714,075.87 in the previous period, reflecting a decline of about 39.5%[86] Assets and Liabilities - Total assets increased by 23.59% to CNY 5,007,243,538.54 compared to the end of the previous year[8] - The company's total liabilities increased by 38.67% to CNY 244,387.03 million from CNY 176,234.50 million[23] - Current liabilities rose to ¥2,328,578,903.24, compared to ¥1,752,821,248.12, marking an increase of about 32.8%[52] - The total liabilities reached ¥2,443,870,279.20, compared to ¥1,762,344,967.88, indicating an increase of approximately 38.6%[52] - Total assets reached CNY 500,724.35 million, reflecting a 23.59% increase from CNY 405,164.96 million at the end of 2018[23] - The company's total assets reached ¥4,527,639,089.90, up from ¥3,399,211,141.67, indicating an increase of about 33.2%[65] Cash Flow - Operating cash flow net amount was 4,623.28 million, a significant decline of 191.74% compared to -5,039.69 million in the previous year[31] - Cash inflow from investment activities increased by 106.39% to 3,913.26 million, while cash outflow decreased by 15.23% to 14,595.81 million[31] - The net cash flow from operating activities was -24,603,490.04, compared to -17,129,832.45 in the previous period, indicating a decline in operational performance[108] - The total cash inflow from investment activities was 37,727,448.00, significantly lower than 191,000,000.00 in the previous period, reflecting reduced investment returns[108] - The net cash flow from financing activities was 162,857,726.30, a recovery from -16,696,847.14 in the previous period, showing improved financing conditions[111] Expenses - Total operating costs increased by 12.09% to CNY 235,815.84 million from CNY 210,379.94 million year-on-year[27] - Research and development expenses rose by 58.33% to CNY 3,644.06 million, compared to CNY 2,301.55 million in the previous year[27] - Sales expenses grew by 51.86% mainly due to changes in the consolidation scope and increased employee compensation costs[30] - Management expenses increased by 34.47% primarily due to the same reasons as sales expenses[30] - The financial expenses for the current period are CNY 10,439,715.29, compared to CNY 7,593,884.31 in the previous period, representing an increase of approximately 37.9%[83] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,170[13] - The top shareholder, Li Hongguo, held 19.63% of the shares, totaling 231,888,510 shares[13] Other Income - Non-operating income included government subsidies totaling CNY 9,135,417.23[9] - Other income doubled to 100.00% due to increased policy incentives during the reporting period[30] - The company received 27,000,000.00 in investment income, down from 180,000,000.00 in the previous period, highlighting a significant decrease in investment performance[108]