LEEJUN(SZ:002651)2020-10-29 16:00Financial Performance - Operating revenue for the period was ¥221,512,079.72, representing a year-on-year growth of 61.55%[7] - Net profit attributable to shareholders was ¥66,458,052.72, a significant increase of 167.67% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥61,496,029.09, up 239.40% year-on-year[7] - Basic earnings per share for the period were ¥0.07, an increase of 250.00% year-on-year[7] - The total comprehensive income for the current period was ¥63,695,102.45, compared to ¥26,839,437.40 in the previous period, representing an increase of approximately 137.5%[66] - The company reported a significant increase in cash received from sales of goods and services, reaching ¥227.71 million compared to ¥152.72 million, a growth of 48.9%[88] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,877,570,380.62, an increase of 8.03% compared to the end of the previous year[7] - The total liabilities increased by 38.26% due to a steady increase in contracts signed for the grinding system and its supporting equipment manufacturing business, leading to higher cash received from customers[1] - The company's total liabilities increased to ¥574,496,754.25 from ¥462,772,483.75, reflecting a rise of approximately 24.1%[57] - The company's equity attributable to shareholders increased to ¥2,303,073,626.37 from ¥2,200,837,059.85, marking an increase of about 4.7%[57] - Total current liabilities amounted to CNY 456,001,339.17, with accounts payable at CNY 150,053,091.77 and contract liabilities at CNY 174,069,785.74[96] Cash Flow - The net cash flow from operating activities was ¥39,850,714.73, reflecting a substantial increase of 40.66% compared to the previous year[7] - Cash flow from operating activities generated ¥96,024,535.51, significantly up from ¥26,677,393.16 in the previous period[83] - The ending cash and cash equivalents balance was ¥549,193,240.04, up from ¥333,326,296.70 in the previous period[83] - Net cash flow from financing activities was -¥22,724,927.04, an improvement from -¥57,799,257.84 in the previous period[83] Shareholder Information - Major shareholders include He Yamin with 32.34% and He Jia with 28.04% of shares[12] - The company reported a total of 1,033,460,000 shares outstanding as of the last trading day before disclosure[7] - The total number of shares increased from 1,017.5 million to 1,033.46 million after the completion of the restricted stock incentive plan registration in September 2020[34] Research and Development - Chengdu Lijun is investing 200 million yuan in R&D for new product development, focusing on innovative technologies in the next fiscal year[106] - Research and development expenses for the current period were ¥5,982,800.76, slightly down from ¥6,107,459.13 in the previous period, indicating a decrease of about 2.1%[66] Future Outlook - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by the end of 2024[106] - The company has outlined a revenue guidance of 6 billion yuan for the full year 2023, indicating a growth target of 20%[106] - New product launches are expected to contribute an additional 500 million yuan in revenue in 2024[106] Corporate Governance - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[50] - The company strictly fulfilled its commitments regarding avoiding competition during the reporting period[38]