NLT(SZ:300778)2019-10-28 16:00Financial Performance - Operating revenue decreased by 22.03% to CNY 89,779,960.69 compared to the same period last year[7] - Net profit attributable to shareholders increased by 4.13% to CNY 25,658,542.65 compared to the same period last year[7] - Basic earnings per share decreased by 21.91% to CNY 0.3207 compared to the same period last year[7] - Total operating revenue for Q3 2019 was CNY 89,779,960.69, a decrease of 22.1% compared to CNY 115,145,736.71 in the same period last year[36] - Net profit for Q3 2019 reached CNY 25,658,542.65, representing an increase of 4.1% from CNY 24,641,613.96 in Q3 2018[37] - The company's operating revenue for the current period is 88,727,148.78, a decrease of 21.3% compared to 112,766,332.18 in the previous period[40] - Operating profit for the current period is 28,128,534.75, down 5.3% from 29,694,818.28 in the previous period[41] - Net profit for the current period is 24,883,863.70, an increase of 2.4% compared to 24,298,878.60 in the previous period[41] Assets and Liabilities - Total assets increased by 101.94% to CNY 1,143,899,568.12 compared to the end of the previous year[7] - Total current assets increased to 1,087,004,938.21 CNY from 502,866,986.22 CNY year-on-year[27] - Total liabilities increased to 251,876,817.52 CNY from 237,345,706.73 CNY, reflecting a rise in financial obligations[28] - Total liabilities for Q3 2019 were CNY 254,296,226.41, an increase from CNY 238,578,751.99 in Q3 2018[33] - The total liabilities amounted to 237,345,706.73 CNY, with current liabilities at 236,220,706.73 CNY[58] Shareholder Information - Net assets attributable to shareholders increased by 171.05% to CNY 892,022,750.60 compared to the end of the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 14,470[10] - The top three shareholders held a combined 75% of the shares, with Shenzhen Yuan Si Industrial Co., Ltd. holding 39.20%[10] - Owner's equity increased significantly to 892,022,750.60 CNY from 329,102,711.95 CNY, indicating strong retained earnings growth[29] - Owner's equity totaled CNY 886,228,958.21, up from CNY 324,136,490.03 year-over-year[34] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -9,059,327.83, a decrease of 137.16% compared to the same period last year[7] - Net cash flow from operating activities decreased by 137.16% to -9,059,327.83 CNY due to reduced collections and increased employee compensation payments[19] - Cash inflow from financing activities amounted to 505,605,000.00 CNY due to raised funds during the period[19] - The cash flow from operating activities showed a net outflow of ¥9,059,327.83, a decline from a net inflow of ¥24,378,353.05 in the previous period[51] - The net cash flow from financing activities was 480,383,564.15 CNY, indicating a strong inflow compared to the previous period[54] Expenses - Financial expenses increased by 418.99% to -7,813,901.15 CNY due to increased interest income from time deposits[17] - Other income decreased by 86.31% to 88,376.35 CNY as there were no personal income tax refunds applied this period[17] - Research and development expenses for Q3 2019 were CNY 4,435,088.27, compared to CNY 3,824,402.99 in the same period last year, indicating a focus on innovation[36] - Research and development expenses increased to 4,435,088.27, up 15.9% from 3,824,402.99 in the previous period[40] - The company’s total operating expenses were ¥191,225,929.84, compared to ¥189,103,177.09 in the previous period, showing a slight increase of about 1.1%[46] Government Subsidies - The company received government subsidies amounting to CNY 6,584,739.61 during the reporting period[8] - The company reported a 199.03% increase in non-operating income to 6,815,051.25 CNY, mainly from increased government subsidies received[17] Future Plans - The company plans to expand its market presence and invest in new technologies to drive future growth[36] - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[46] Financial Standards - The company has implemented new financial and revenue recognition standards starting from January 1, 2019, affecting the financial statements[55] - The company adopted new financial instrument standards starting January 1, 2019, without restating prior comparative data[65]