CFMOTO(SH:603129)2020-10-22 16:00Financial Performance - Net profit attributable to shareholders was ¥296,610,347.97, representing a 109.98% increase year-on-year[18]. - Operating revenue for the first nine months was ¥3,146,660,505.48, up 31.54% from the same period last year[18]. - The net cash flow from operating activities for the first nine months was ¥677,646,136.20, a significant increase of 126.23% year-on-year[18]. - Basic earnings per share increased to ¥2.26, reflecting a growth of 115.24% compared to the previous year[18]. - The weighted average return on equity rose to 25.05%, an increase of 10.45 percentage points from the previous year[18]. - Total operating revenue for Q3 2020 reached ¥1,364,531,667.93, a significant increase from ¥756,929,936.53 in Q3 2019, representing an increase of approximately 80%[58]. - Net profit for Q3 2020 was ¥120,059,602.00, up from ¥36,260,453.18 in Q3 2019, indicating a growth of approximately 231%[61]. - The total comprehensive income for the first three quarters of 2020 was ¥254,508,301.19, compared to ¥110,375,149.84 in the same period of 2019, marking an increase of around 130%[69]. - The company reported a significant increase in investment income, reaching ¥10,661,918.65 in Q3 2020, compared to ¥1,765,717.96 in Q3 2019, indicating a growth of approximately 504%[67]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,475,730,037.79, an increase of 36.97% compared to the end of the previous year[18]. - Total liabilities increased to ¥2,132,937,862.23, up from ¥1,465,344,502.56, representing a growth of approximately 45.5%[48]. - Current assets totaled ¥2,729,090,095.41, a significant increase of 48.8% from ¥1,835,192,924.37 in the previous year[46]. - Total non-current assets amounted to ¥702,299,438.72, contributing to total assets of ¥2,537,492,363.09[81]. - The company reported a total equity of ¥1,072,147,860.53, with attributable equity to shareholders at ¥1,040,318,522.57[84]. - The company’s total liabilities and equity equal total assets, confirming the balance sheet integrity at ¥2,537,492,363.09[84]. Shareholder Information - The total number of shareholders at the end of the reporting period was 6,656[23]. - The largest shareholder, Chunfeng Holding Group Co., Ltd., held 35.02% of the shares[23]. Cash Flow - The cash flow from operating activities for the first three quarters of 2020 was ¥3,519,898,670.44, compared to ¥2,609,106,531.24 in the same period of 2019, representing an increase of approximately 35%[70]. - Total cash inflow from operating activities reached 3,186,699,493.40 RMB, compared to 2,336,671,331.89 RMB in the previous year, reflecting a growth of approximately 36.5%[75]. - The net cash flow from investing activities was -439,783,795.31 RMB, worsening from -74,902,047.80 RMB year-over-year[75]. - The net cash flow from financing activities was -32,160,331.60 RMB, compared to -112,980,949.02 RMB in 2019, showing an improvement[78]. Investment and Growth Plans - The company plans to invest USD 11,630,792.46 in its wholly-owned subsidiary to acquire approximately 0.88% minority equity in PMAG, pending government approval[35]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[58]. - The company plans to continue its market expansion and product development strategies to sustain growth in the upcoming quarters[64]. Other Financial Metrics - The company reported a significant increase in other receivables, which rose by 79.41% to RMB 22,165,570.49 from RMB 12,354,978.58, due to advances for vehicle sales registration fees and insurance[30]. - Research and development expenses for the first three quarters of 2020 amounted to ¥150,806,523.86, compared to ¥133,956,604.90 in the same period of 2019, an increase of about 12.5%[58]. - The company reported a gross profit margin of approximately 9% for Q3 2020, compared to 5.6% in Q3 2019[58].