LCXX(SZ:000977)2020-10-30 16:00Financial Performance - Operating revenue for the reporting period was ¥15.22 billion, representing a decrease of 8.82% year-on-year[3]. - Net profit attributable to shareholders was ¥222.65 million, down 8.91% from the same period last year[3]. - Basic earnings per share for the reporting period was ¥0.1545, a decrease of 18.51% compared to the previous year[3]. - The total profit for the quarter was ¥226,457,583.53, compared to ¥215,742,791.43 in the same quarter last year, reflecting a growth of 8.3%[29]. - The company reported a net profit of CNY 3,422,720,745.44, up from CNY 2,894,487,816.95 in the previous year, representing an increase of 18.2%[21]. - The net profit for the third quarter was ¥803.06 million, compared to ¥346.41 million in the previous year, indicating a year-over-year increase of about 131.5%[36]. - The company reported a total profit of ¥880.00 million for the quarter, compared to ¥407.39 million in the same period last year, marking an increase of about 116.5%[36]. Cash Flow - The net cash flow from operating activities was -¥263.10 million, a decline of 69.02% year-on-year[3]. - Net cash flow from operating activities decreased by 46.16% year-on-year, primarily due to increased operational capital requirements[9]. - The net cash flow from financing activities increased by 3241.10% year-on-year, primarily due to funds raised from share placements and issuance of short-term financing bonds[9]. - The cash flow from investment activities showed a net outflow of -¥2.03 billion, a decline from a net inflow of ¥2.53 billion in the previous year[38]. - The cash inflow from operating activities was CNY 58,189,182,641.31, an increase from CNY 40,834,437,142.43 in the previous period[88]. - The net cash outflow from operating activities was CNY -5,520,746,287.38, compared to CNY -3,777,192,938.87 in the prior period[88]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥38.85 billion, an increase of 32.10% compared to the end of the previous year[3]. - The total liabilities amounted to CNY 25,780,330,833.47, up from CNY 15,515,597,293.10 in the previous year[24]. - Current assets totaled approximately CNY 36.38 billion as of September 30, 2020, compared to CNY 26.95 billion at the end of 2019[18]. - The total liabilities to equity ratio was approximately 1.87, indicating a higher leverage compared to the previous year's ratio[24]. - The total cash and cash equivalents at the end of the period amounted to ¥8.26 billion, up from ¥4.21 billion at the end of the same quarter last year, reflecting a growth of approximately 96.5%[38]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 252,185[6]. - The largest shareholder, Inspur Group Co., Ltd., held 36.12% of the shares[6]. - Net assets attributable to shareholders increased to CNY 13.70 billion, up 37.73% year-on-year[54]. Research and Development - Research and development expenses increased to ¥455,694,662.60, representing a 32.5% rise from ¥344,035,988.10 in the previous year[29]. - Research and development expenses increased to ¥1,876,755,654.02, representing a 30.0% rise from ¥1,444,854,200.39 year-over-year[31]. - Research and development expenses for the third quarter amounted to CNY 1.26 billion, an increase of 26.5% from CNY 998.71 million in the same period last year[86]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥94.22 million during the reporting period[4]. - The company received a software tax rebate of 86,862,069.70 RMB, classified as a government subsidy[56]. - Other income increased to ¥180,703,709.97, up 64.5% from ¥109,771,394.82 in the previous period[32]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24]. - The company has indicated plans for market expansion and new product development in the upcoming quarters[77].