LZJT(SZ:300428)2019-10-28 16:00Financial Performance - Net profit attributable to shareholders increased by 4.48% to CNY 115,054,260.60 for the reporting period[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses surged by 235.04% to CNY 119,689,500.42[8] - Basic earnings per share decreased by 9.09% to CNY 0.20 for the reporting period[8] - The weighted average return on equity was 3.89%, a decrease of 0.47% compared to the previous year[8] - Total operating revenue for the current period is ¥1,565,162,929.67, a decrease of 6.3% from ¥1,670,811,981.26 in the previous period[54] - Net profit for the current period is ¥115,704,308.37, slightly up from ¥113,738,656.42, indicating a growth of 1.7%[57] - The company's net profit for the current period is 337,873,275.01, an increase from 299,568,879.77 in the previous period, representing a growth of approximately 12.7%[74] - The net profit for the current period is ¥24,779,100.02, representing a 41.1% increase from ¥17,577,390.35 in the previous period[66] Revenue and Costs - Revenue decreased by 6.32% to CNY 1,565,162,929.67 compared to the same period last year[8] - Total operating costs for the current period are ¥1,434,981,890.39, down from ¥1,542,403,605.12, reflecting a cost reduction of approximately 7%[54] - The total operating costs for the current period were 721,004,969.66, compared to 651,092,137.47 in the previous period, reflecting an increase of approximately 10.7%[80] Assets and Liabilities - Total assets increased by 3.19% to CNY 6,798,178,900.71 compared to the end of the previous year[8] - The company's total liabilities decreased by 51.5%, from RMB 256,332,312 to RMB 124,429,642, mainly due to reduced financing[25] - The company's total liabilities decreased to CNY 3,056,399,770.69 from CNY 3,658,174,519.94, a reduction of about 16.5%[40] - The company's equity attributable to shareholders increased to CNY 3,719,791,465.06 from CNY 2,903,809,979.83, reflecting a growth of approximately 28.14%[43] Cash Flow - Cash flow from operating activities increased by 117.81% to CNY 477,311,137.04 year-to-date[8] - The net cash flow from operating activities improved by 117.8%, increasing from RMB 219,143,561 to RMB 477,311,137, attributed to better management of receivables and inventory[25] - Operating cash inflow totaled CNY 5,149,996,152.81, slightly down from CNY 5,167,633,141.22 in the previous period[91] - Net cash flow from investing activities was CNY -619,646,625.16, worsening from CNY -263,507,915.71[93] Shareholder Information - The top shareholder, Tianjin Dong'an Brothers Co., Ltd., holds 39.42% of the shares[12] - The company reported non-operating income of CNY 34,172,735.22 from government subsidies[11] Other Financial Metrics - The company's financial expenses decreased by 32.4%, from RMB 40,334,005 to RMB 27,258,296, due to improved financing control and reduced interest expenses[25] - The company's investment income decreased by 56.7%, from RMB 10,916,159 to RMB 4,721,588, mainly due to the expiration of foreign exchange forward contracts[25] - The company's other comprehensive income increased by 152.3%, from RMB 30,061,678 to RMB 75,856,496, primarily due to foreign exchange fluctuations[25] - The company reported an increase in other comprehensive income after tax to 45,797,805.81 from 24,035,763.27, representing a growth of about 90.5%[74] Research and Development - Research and development expenses for the current period are ¥62,511,489.96, down from ¥70,945,688.56, a decrease of 11.8%[54] - The company reported a decrease in research and development expenses to 4,411,290.78 from 8,305,077.60, a reduction of about 46%[82]