BROADV(688004)2020-10-19 16:00Financial Performance - Operating revenue for the first nine months rose by 9.73% year-on-year, amounting to RMB 145,035,794.80[6] - Net profit attributable to shareholders increased by 36.94% year-on-year, reaching RMB 16,074,539.15[6] - Net profit after deducting non-recurring gains and losses surged by 61.02% year-on-year, totaling RMB 12,490,086.15[6] - Basic and diluted earnings per share increased by 21.43%, reaching RMB 0.34[7] - The company's total revenue for the period reached RMB 1.56 billion, a 49.92% increase year-over-year, driven by revenue growth and increased software tax rebates[15] - Net profit for the period was RMB 1.61 billion, reflecting a 36.94% increase compared to the same period last year, mainly due to revenue growth and software tax rebates[15] - Total operating revenue for Q3 2020 was ¥42,811,679.04, an increase of 6.95% compared to ¥40,030,400.23 in Q3 2019[26] - Total profit for the first three quarters of 2020 was ¥15,737,782.87, compared to ¥11,322,456.03 in the first three quarters of 2019, representing an increase of 39.06%[27] Assets and Liabilities - Total assets increased by 64.42% year-on-year, reaching RMB 747,956,648.06[6] - Current assets rose to CNY 735,698,304.03, up from CNY 445,299,780.72, indicating a growth of about 65.1% year-over-year[20] - The company's cash and cash equivalents significantly increased to CNY 395,287,769.01 from CNY 127,188,137.23, marking a growth of approximately 210.5%[20] - Total liabilities decreased to CNY 65,563,503.75 from CNY 146,165,473.02, a reduction of about 55.2%[21] - Shareholders' equity surged to CNY 682,393,144.31, compared to CNY 308,751,135.35, reflecting an increase of approximately 121.0%[21] - The company reported accounts receivable of CNY 118,152,766.60, up from CNY 104,764,401.19, which is an increase of about 12.8%[20] - Inventory decreased to CNY 61,386,133.03 from CNY 75,213,509.35, a decline of approximately 18.4%[20] - Total liabilities remained stable at 146,165,473.02 RMB, indicating no significant changes in the company's debt structure[40] Cash Flow - The net cash flow from operating activities for the first nine months was negative at RMB -71,821,025.95[6] - The company reported a net cash outflow from operating activities of RMB 71.82 million, a 76.61% increase in outflow compared to the previous year, primarily due to increased payments for goods purchased[16] - Cash inflow from operating activities for the first nine months of 2020 was CNY 148,329,579.03, slightly up from CNY 144,045,225.55 in the same period of 2019[33] - The company reported a net cash outflow from operating activities of CNY -71,821,025.95 for the first nine months of 2020, worsening from CNY -40,665,489.98 in the previous year[33] - Total cash inflow from operating activities increased to 148,240,982.10 RMB, compared to 144,045,225.55 RMB in 2019[35] - Cash outflow for operating activities increased to 220,086,877.48 RMB, compared to 184,710,715.53 RMB in the previous year[35] Shareholder Information - The total number of shareholders reached 6,488 by the end of the reporting period[10] - The top shareholder, Sun Chuanming, holds 10,000,000 shares, representing 17.61% of the total shares[10] Research and Development - Research and development expenses accounted for 22.18% of operating revenue, a slight decrease of 0.03 percentage points[7] - Research and development expenses for Q3 2020 were ¥12,756,906.31, an increase of 19.06% from ¥10,710,154.36 in Q3 2019[26] - Research and development expenses for the first nine months of 2020 totaled CNY 31,624,708.62, compared to CNY 29,354,215.55 in the previous year, reflecting a 7.7% increase[30] Future Plans - The company has plans for market expansion and new product development, although specific figures were not disclosed in the report[20]