SEC(SH:603988)2019-10-22 16:00Financial Performance - Operating income for the first nine months increased by 16.43% to CNY 375,271,222.26 compared to the same period last year[5]. - Net profit attributable to shareholders rose by 38.77% to CNY 53,893,597.22 compared to the same period last year[5]. - Basic earnings per share increased by 35.29% to CNY 0.23 compared to the same period last year[6]. - The weighted average return on equity increased by 2.40 percentage points to 8.18% compared to the same period last year[5]. - Operating profit for the first nine months of 2019 was CNY 62,588,645.89, compared to CNY 47,549,876.07 in the same period of 2018, reflecting a year-over-year increase of 31.5%[25]. - Total comprehensive income for the first nine months of 2019 was CNY 53,893,597.22, up from CNY 38,836,748.33 in the same period of 2018, representing a growth of 38.7%[26]. Cash Flow - Net cash flow from operating activities for the first nine months was CNY 33,839,661.05, a significant increase from a negative CNY 2,173,015.90 in the same period last year[5]. - Cash flow from operating activities for the first nine months of 2019 was CNY 33,839,661.05, a significant improvement from a negative cash flow of CNY -2,173,015.90 in the same period of 2018[26]. - The company reported a total operating cash inflow of CNY 250,559,468.09 for the first nine months of 2019, compared to CNY 225,215,581.40 in 2018, reflecting an increase of 11.3%[26]. - Net cash flow from investing activities was -¥160,803,106.96, an increase of 81.75% compared to -¥88,474,207.42 in the same period of 2018[18]. - Net cash flow from financing activities was -¥90,552,000.00, an increase of 108.45% compared to -¥43,440,000.00 in the same period of 2018[18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 957,169,246.22, a decrease of 0.27% compared to the end of the previous year[5]. - Total current assets as of September 30, 2019, amounted to ¥811,786,299.35, an increase from ¥785,037,895.96 at the end of 2018[21]. - Total liabilities as of September 30, 2019, were ¥321,911,152.41, compared to ¥287,828,893.48 at the end of 2018, indicating an increase of 11.83%[22]. - The company's total equity decreased to ¥635,258,093.81 from ¥671,916,496.59 in 2018, a decline of 5.45%[23]. - The total assets of the company as of Q3 2019 amounted to CNY 959,745,390.07, unchanged from the previous year[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,928[8]. - The largest shareholder, Wang Jianyu, holds 22.50% of the shares, amounting to 52,920,000 shares[8]. Research and Development - Research and development expenses increased by 33.01% to ¥11.26 million, driven by higher personnel and material investments[11]. - Research and development expenses for the first three quarters of 2019 were ¥11,259,848.82, up 33.24% from ¥8,465,103.85 in the same period of 2018[24]. Inventory and Accounts Payable - Inventory increased by 32.67% to ¥282.84 million, reflecting growth in business volume[3]. - The company’s accounts payable increased by 28.53% to ¥117.38 million, attributed to higher procurement volumes[3].