HUNING(SZ:300669)2019-10-28 16:00Financial Performance - Operating revenue for the period was CNY 104,121,730.35, representing a 25.85% increase year-on-year[8] - Net profit attributable to shareholders increased by 38.85% to CNY 19,793,614.18 compared to the same period last year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 17,737,508.17, up 40.21% year-on-year[8] - Basic earnings per share rose by 38.87% to CNY 0.2351[8] - The total comprehensive income for the period was CNY 19,793,614.18, compared to CNY 14,255,392.68 in the previous year[42] - The net profit for Q3 2019 was ¥19,793,614.18, representing a growth of 39.5% from ¥14,255,392.68 in Q3 2018[39] - The company's total equity attributable to shareholders reached ¥498,006,434.54, up from ¥465,670,988.73, representing a growth of 6.9%[34] - The company reported a total profit of CNY 50,120,788.51 for the year-to-date, compared to CNY 36,028,578.53 in the same period last year[46] Assets and Liabilities - Total assets increased by 6.84% to CNY 555,775,407.50 compared to the end of the previous year[8] - Total liabilities were reported at ¥52,018,776.65, an increase from ¥47,196,313.98 in the previous year, marking an increase of 10.0%[35] - The company's total current liabilities stood at CNY 49,047,312.49, unchanged from the previous period[63] - Total liabilities amounted to CNY 54,540,561.32, with non-current liabilities at CNY 5,493,248.83[64] - The total assets of the company were CNY 520,211,550.05, with current assets totaling CNY 298,567,275.47[67] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 26,521,965.28, an increase of 109.76%[8] - Cash flow from investment activities showed a significant recovery with a net cash flow of ¥7,071,545.89, a 185.69% increase due to more redemptions than purchases of financial products[21] - Operating cash inflow for the period reached CNY 239,400,729.39, an increase of 20.8% compared to CNY 197,970,282.40 in the previous period[58] - Net cash flow from operating activities was CNY 14,917,395.02, up 45.9% from CNY 10,240,466.14 year-on-year[58] - The company incurred a net cash outflow from financing activities of ¥20,514,705.08, compared to a net outflow of ¥19,865,245.28 in the previous period[55] Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,972[13] - The largest shareholder, Hangzhou Huning Investment Co., Ltd., holds 43.00% of shares, totaling 36,650,000 shares[13] - The second-largest shareholder, Hangzhou Sidafu Investment Management Co., Ltd., holds 10.56% of shares, totaling 9,000,000 shares[13] - The company has not conducted any repurchase transactions among the top 10 common shareholders during the reporting period[14] - The company’s shares are subject to a lock-up period until June 28, 2020, for several major shareholders[16] Expenses and Costs - Management expenses increased by 53.38% to ¥22,725,425.81, mainly due to stock-based compensation expenses[20] - The total operating costs for the year-to-date period were CNY 212,451,190.51, an increase from CNY 173,737,943.07 in the previous year[44] - Research and development expenses for Q3 2019 were ¥4,119,244.65, an increase from ¥3,729,701.06, indicating a growth of 10.5%[38] - Research and development expenses rose to ¥11,374,536.61, up from ¥9,531,146.69, highlighting the company's commitment to innovation[50] Financial Instruments and Adjustments - The company has implemented new financial instrument standards effective from January 1, 2019, impacting asset classification and measurement[8] - Trading financial assets increased to ¥133,636,077.80, a 100% increase due to the adjustment of financial products to this category[20] - The company adjusted its financial instruments, with trading financial assets now measured at fair value through profit or loss[70]