AFR(SZ:300620)2019-10-24 16:00Financial Performance - Operating revenue for the reporting period was CNY 99,085,711.67, a 46.04% increase year-on-year[9] - Net profit attributable to shareholders was CNY 24,088,831.09, a slight increase of 2.13% compared to the same period last year[9] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 22,102,346.49, up 13.89% year-on-year[9] - The company's operating revenue for the period reached ¥278,128,386.85, representing a 35.45% increase compared to the previous period, driven by strong market demand and customer order growth[24] - Net profit for the current period was ¥24,514,149.68, compared to ¥24,055,786.31 in the previous period, reflecting an increase of about 1.9%[72] - Operating revenue reached ¥99,085,711.67, up from ¥67,849,696.23, representing a growth of approximately 46.2%[69] - The company reported a decrease in total profit to ¥36,085,256.48 from ¥75,733,625.52, a decline of 52.4%[90] - The net profit for the current period was ¥32,151,312.00, a decrease of 50.9% from ¥65,519,865.90 in the previous period[90] Assets and Liabilities - Total assets increased by 2.00% to CNY 837,544,195.85 compared to the end of the previous year[9] - Total liabilities decreased to CNY 209,323,502.04 from CNY 265,498,562.60, representing a reduction of approximately 21.1%[56] - The total liabilities decreased by 37.64% for accounts payable, down to ¥36,964,020.50, mainly due to reduced payable engineering costs[24] - Total liabilities decreased to ¥228,469,591.39 from ¥283,906,520.39, indicating a reduction of approximately 19.5%[66] - The company's equity attributable to shareholders increased to CNY 622,778,732.39 from CNY 551,468,746.45, marking a growth of about 12.9%[59] - The company's equity totaled ¥592,987,015.09, up from ¥538,614,817.86, showing a growth of about 10.1%[66] Cash Flow - Cash flow from operating activities for the year-to-date increased by 403.80% to CNY 70,761,550.89[9] - The company's cash flow from operating activities showed a remarkable increase of 403.80%, amounting to ¥70,761,550.89, attributed to higher cash receipts from sales and government subsidies[27] - Operating cash inflow totaled CNY 310,649,764.83, an increase from CNY 206,754,309.57 in the previous period, reflecting a growth of approximately 50.4%[97] - Cash inflow from operating activities reached CNY 244,965,196.06, compared to CNY 198,684,851.05 in the previous period, marking an increase of about 23.2%[101] - The net cash flow from investing activities was negative at -¥61,077,172.78, a 472.35% decrease, due to higher purchases of financial products compared to redemptions[27] - Cash outflow for purchasing goods and services was CNY 94,521,393.43, down from CNY 109,132,178.69 in the previous period, indicating a decrease of approximately 13.4%[101] Research and Development - Research and development expenses rose by 50.72% to ¥26,070,185.42, reflecting increased investment in R&D initiatives[24] - Research and development expenses were ¥9,946,138.42, compared to ¥5,680,754.57, indicating an increase of approximately 75.5%[69] - Research and development expenses increased to ¥23,104,673.46, up 35% from ¥17,114,018.11 in the previous period[90] Shareholder Information - The top ten shareholders hold a combined 78.25% of the company's shares, with Infinimax Assets Limited holding the largest share at 30.00%[13] - The company executed a cash dividend policy, distributing CNY 2 per share, totaling CNY 18,070,600 to shareholders[42] Government Subsidies - The company received government subsidies amounting to CNY 6,720,389.46 during the reporting period[9] - Deferred tax assets increased by 80.69% to ¥5,709,602.57, mainly due to the recognition of government subsidies[24]