CECM(SZ:300385)2019-10-29 16:00Financial Performance - Operating revenue for the period reached ¥326,452,743.78, representing a 31.34% year-on-year growth[7] - Net profit attributable to shareholders was ¥13,893,524.00, up 15.03% from the same period last year[7] - Basic earnings per share decreased by 28.13% to ¥0.0667[7] - Total operating revenue for Q3 2019 was CNY 326,452,743.78, an increase of 31.3% compared to CNY 248,559,775.83 in the same period last year[50] - Net profit for Q3 2019 reached CNY 14,573,183.04, a 43.5% increase from CNY 10,186,135.41 in Q3 2018[52] - The total comprehensive income for the period was ¥78,614,118.71, compared to ¥47,881,311.47 in the same quarter last year[62] Assets and Liabilities - Total assets increased to ¥3,150,911,587.84, a 19.12% increase compared to the end of the previous year[7] - Total liabilities reached CNY 1,800,459,964.18, a rise of 28.7% from CNY 1,399,051,800.84 in the previous year[42] - The company's total equity increased to CNY 1,350,451,623.66, up from CNY 1,246,032,219.87, marking a growth of approximately 8.4%[42] - Total liabilities amounted to approximately ¥1,102.43 million, with current liabilities at ¥1,051.18 million[85] - Owner's equity totaled approximately ¥1,152.45 million, including retained earnings of ¥376.66 million[86] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of ¥111,803,603.84, a decrease of 1,770.32% compared to the previous year[7] - The net cash flow from operating activities was negative at CNY -111,803,603.84, compared to a positive CNY 6,693,536.33 in the same period last year[70] - The net cash flow from financing activities improved to ¥1,349,986.64, a 107.33% increase, attributed to an increase in loans during the period[24] - Cash inflow from financing activities was CNY 560,000,000.00, up from CNY 478,837,132.71 in the previous year, indicating an increase of approximately 17.0%[70] Investment and Expenses - Research and development expenses surged by 83.81% to ¥37,085,608.79, up from ¥20,176,581.10, reflecting increased investment in R&D projects[22] - The company reported a significant increase in financial expenses, which rose by 219.99% to ¥36,710,528.94 from ¥11,472,424.34, driven by increased borrowing[22] - Investment income increased to ¥32,532,222.37, a growth of 574.80% due to the inclusion of Nanjing Zhuoyue in the consolidation scope and increased returns from Shanghai Changying Investment[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,407[10] - Major shareholder Yang Jianping holds 39.10% of the shares, with 61,064,249 shares pledged[11] - The company does not have any plans for share repurchase transactions during the reporting period[13] Market Expansion and Future Plans - The company plans to transfer a total of 43,030,512 shares, representing 20.67% of the total share capital, to a strategic investor, New Su Environmental, pending regulatory approvals[26] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[49] Government Support - The company received government subsidies in September 2019, contributing positively to its financial position[29] Dividend Policy - The company maintained its cash dividend policy, distributing ¥9,109,459.10 in cash dividends for the 2018 fiscal year, equivalent to ¥0.7 per share[32]