Marubi(SH:603983)2020-10-28 16:00Financial Performance - Operating revenue for the first nine months was ¥1,137,293,242.65, a decrease of 6.13% compared to the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥337,964,425.04, down 5.88% year-on-year[18]. - Basic earnings per share decreased to ¥0.84, down 13.4% from ¥0.97 in the same period last year[21]. - The weighted average return on net assets was 12.20%, a decrease of 8.58 percentage points compared to the previous year[21]. - Total operating revenue for Q3 2020 was CNY 343,573,037.19, a decrease of 13.4% compared to CNY 396,732,875.96 in Q3 2019[52]. - Net profit for Q3 2020 was CNY 69,795,736.89, a decline of 31.8% from CNY 102,318,896.58 in Q3 2019[56]. - The company reported a total profit of CNY 88,110,401.37 for Q3 2020, down from CNY 120,970,258.91 in Q3 2019, reflecting a decrease of 27%[56]. - Revenue for Q3 2020 was CNY 200.20 million, a decrease of 29.4% compared to CNY 283.66 million in Q3 2019[62]. - Operating profit for Q3 2020 was CNY 30.91 million, down 65.5% from CNY 89.50 million in Q3 2019[65]. - Net profit for Q3 2020 was CNY 26.27 million, a decline of 66.2% compared to CNY 77.67 million in Q3 2019[66]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,526,534,344.31, an increase of 2.63% compared to the end of the previous year[18]. - Total liabilities decreased to approximately $668.67 million from $766.40 million, a reduction of about 12.8%[44]. - Current liabilities totaled approximately $639.52 million, down from $740.04 million, indicating a decrease of about 13.6%[44]. - Accounts receivable increased to ¥6,897,677.21, a 282.02% increase compared to ¥1,805,569.35 from the previous year, primarily due to delays in e-commerce cash withdrawals and growth in department store operations[27]. - Total assets increased to approximately $3.53 billion, up from $3.44 billion year-over-year, representing a growth of about 2.6%[41]. - Current assets totaled approximately $3.18 billion, compared to $3.13 billion in the previous year, reflecting an increase of about 1.9%[41]. - Non-current assets rose to approximately $349.43 million, up from $307.91 million, marking an increase of about 13.4%[41]. - Total liabilities decreased by 38.73% in accounts payable, down to ¥177,544,992.92 from ¥289,796,547.34, due to reduced procurement and payments to suppliers[30]. - The total cash and cash equivalents at the end of the period amounted to 844,685,723.27 RMB, up from 791,281,358.62 RMB year-over-year[76]. Cash Flow - Net cash flow from operating activities for the first nine months was ¥145,732,243.61, a significant decline of 48.70% compared to the previous year[18]. - Cash flow from operating activities for the first three quarters of 2020 was CNY 1.19 billion, a decrease from CNY 1.38 billion in the same period of 2019[71]. - The net cash flow from operating activities was -90,634,250.17 RMB, a decrease from 15,784,797.28 RMB in the same period last year[73]. - Cash inflow from investment activities in Q3 2020 was CNY 2.87 billion, significantly higher than CNY 653.52 million in Q3 2019[71]. - Cash outflow for investment activities in Q3 2020 was CNY 2.96 billion, compared to CNY 1.46 billion in Q3 2019[71]. - The company reported a net cash flow from financing activities of CNY 103.68 million in Q3 2020, down from CNY 804.27 million in Q3 2019[71]. - The company received 2,030,000,000.00 RMB from the recovery of investments, a substantial increase from 340,000,000.00 RMB in the previous year[73]. - The cash outflow for purchasing goods and services was 514,879,762.71 RMB, an increase from 479,049,943.00 RMB in the same period last year[73]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥2,851,505,900.81, reflecting a growth of 6.80% year-on-year[18]. - The total number of shareholders at the end of the reporting period was 23,415[24]. - The largest shareholder, Sun Huaqing, holds 72.72% of the shares, totaling 291,600,000 shares[24]. - Shareholders' equity increased to approximately $2.86 billion, compared to $2.67 billion, reflecting a growth of about 7.1%[44]. - Total equity attributable to shareholders was CNY 2,669,920,111.35[83]. Future Plans and Strategies - The company plans to continue expanding its e-commerce operations and marketing strategies to drive future growth[27]. - The company has not reported any significant changes in its cumulative net profit forecast for the year[35]. - The company plans to expand its market presence and invest in new product development to drive future growth[54]. - The company aims to enhance operational efficiency and reduce costs further in the upcoming quarters to improve profitability[54].