Yanjan(SZ:300658)2019-10-29 16:00Financial Performance - Operating revenue for the period reached CNY 288,187,312.84, a 37.12% increase year-on-year[6] - Net profit attributable to shareholders rose by 12.12% to CNY 19,408,873.39 for the quarter[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 55.37% to CNY 23,177,956.27[6] - Basic earnings per share increased by 10.92% to CNY 0.1280[6] - Total operating revenue for Q3 2019 was CNY 288,187,312.84, an increase of 37.1% compared to CNY 210,164,601.42 in the same period last year[35] - Net profit for Q3 2019 reached CNY 20,201,205.19, representing a 30.4% increase from CNY 15,526,473.14 in Q3 2018[36] - The company reported a gross profit of CNY 76,494,819.46 for Q3 2019, which is a 37.1% increase from CNY 57,451,555.87 in Q3 2018[35] - The company reported a total profit of ¥16,949,255.35 for Q3 2019, a decline of 28.9% from ¥23,814,435.42 in the same quarter last year[39] Assets and Liabilities - Total assets increased by 14.51% to CNY 1,409,569,297.95 compared to the end of the previous year[6] - Total current assets increased to ¥704,564,271.22 as of September 30, 2019, up from ¥664,518,232.58 at the end of 2018, representing a growth of approximately 15.7%[26] - Total liabilities rose to ¥581,738,351.26 from ¥455,892,413.35, indicating an increase of approximately 27.5%[27] - Total assets reached ¥1,409,569,297.95, up from ¥1,230,913,201.50, marking an increase of approximately 14.5%[28] - Non-current assets totaled ¥705,005,026.73, compared to ¥566,394,968.92, reflecting an increase of about 24.5%[26] - Total liabilities increased to CNY 532,463,357.89 in Q3 2019, up from CNY 435,212,782.50 in Q3 2018, marking a rise of 22.4%[33] Cash Flow - Cash flow from operating activities for the year-to-date reached CNY 67,255,460.86, up 71.47%[6] - Cash received from sales of goods and services rose by 34.28% to ¥751,999,323.80, driven by increased sales from overseas production[17] - Cash received from tax refunds increased by 99.73% to ¥43,705,416.66, mainly due to higher export tax rebates[17] - Cash flow from operating activities generated ¥67.26 million, an increase of 71.73% compared to ¥39.22 million in the previous period[51] - Cash flow from financing activities generated a net inflow of ¥102.17 million, compared to a net inflow of ¥59.24 million in the previous period, an increase of 72.29%[53] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,486[10] - Major shareholder Xie Jihua holds 27.00% of the shares, with 40,950,000 shares pledged[10] Government Support - The company received government subsidies amounting to CNY 2,651,972.35 during the reporting period[7] Research and Development - Research and development expenses for Q3 2019 were CNY 8,920,975.19, slightly down from CNY 9,472,859.82 in the same quarter last year[35] - Research and development expenses for Q3 2019 were ¥8,486,805.66, an increase of 26.3% compared to ¥6,722,868.96 in Q3 2018[39] Financial Position - The company's equity attributable to shareholders increased to ¥819,728,117.51 from ¥773,303,647.90, a growth of approximately 6.0%[28] - The company reported an increase in undistributed profits to CNY 200,509,502.83[67] Other Financial Metrics - Financial expenses turned negative at -¥2,991,463.65, a decrease of 205.56%, due to increased foreign exchange gains from the appreciation of the US dollar[16] - The company's financial expenses showed a significant improvement, with a net financial income of CNY 7,614,910.15 in Q3 2019, compared to a loss of CNY 564,313.42 in Q3 2018[35]