捷捷微电(300623) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 283,688,781.86, an increase of 58.74% year-on-year[8] - Net profit attributable to shareholders was CNY 76,958,129.30, representing a year-on-year increase of 53.10%[8] - The net profit after deducting non-recurring gains and losses was CNY 72,828,732.73, up 54.99% compared to the same period last year[8] - Basic earnings per share for the reporting period were CNY 0.16, an increase of 33.33% year-on-year[8] - The company's operating revenue for the current year reached ¥691,199,120.93, representing a 48.61% increase compared to ¥465,115,542.30 in the same period last year[23] - Net profit for the current year was ¥192,287,940.67, up 41.81% from ¥135,597,550.18 in the previous year, primarily due to increased sales revenue[23] - Total operating revenue for Q3 2020 reached CNY 283,688,781.86, a significant increase from CNY 178,709,916.86 in the same period last year, representing a growth of approximately 58.8%[49] - Net profit for Q3 2020 reached CNY 76.37 million, compared to CNY 50.27 million in Q3 2019, reflecting a growth of about 51.9%[53] - Total operating revenue for Q3 2020 was CNY 187.32 million, up from CNY 121.28 million in the same period last year, representing a year-over-year increase of approximately 54.4%[56] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,689,027,462.11, a decrease of 9.53% compared to the end of the previous year[8] - The total assets of the company reached approximately ¥2.69 billion, up from ¥2.46 billion at the end of 2019[39] - The total liabilities increased to CNY 290,025,088.68 from CNY 208,265,405.67 year-over-year, reflecting a growth of approximately 39.2%[43] - The company's fixed assets increased by 81.45% to ¥673,475,092.97, attributed to the construction of the power electronics production line[21] - The long-term equity investments rose significantly to CNY 666,700,628.52 from CNY 418,739,754.39, marking an increase of approximately 59.3%[46] Cash Flow - The net cash flow from operating activities was CNY 55,900,728.28, a decrease of 4.80% year-on-year[8] - Cash inflow from operating activities totaled CNY 502.79 million, down from CNY 517.88 million year-over-year, indicating a decrease of approximately 2.1%[73] - The net cash flow from operating activities was CNY 143.36 million, a decline of about 6.8% compared to CNY 153.87 million in the previous year[75] - The cash and cash equivalents at the end of the period stood at CNY 591.90 million, a substantial increase from CNY 79.44 million at the end of the previous year[76] - The company reported a net cash outflow from financing activities of CNY -46.68 million, an improvement from CNY -93.39 million in the same period last year[76] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,984[11] - Major shareholder Jiangsu JieJie Investment Co., Ltd. held 28.01% of shares, totaling 136,800,000 shares[11] - The company repurchased and canceled 18,240 restricted shares due to the departure of an incentive object, affecting the number of restricted shares[8] Research and Development - Research and development expenses surged by 105.10% to ¥48,794,926.10, reflecting the company's commitment to enhancing its technological capabilities[23] - The company obtained 8 utility model patents during the reporting period, enhancing its technological leadership and core competitiveness[25] - The company has obtained a total of 99 authorized patents, including 18 invention patents, 80 utility model patents, and 1 design patent as of the end of the reporting period[26] - Research and development expenses increased to CNY 19.94 million in Q3 2020, up from CNY 11.91 million in Q3 2019, indicating a rise of approximately 67.3%[51] Other Financial Metrics - The weighted average return on equity was 3.40%, down 14.29% compared to the previous year[8] - The company reported a gross profit margin of approximately 59.0% for Q3 2020, compared to 48.5% in the same quarter last year[56] - Tax expenses for Q3 2020 amounted to CNY 14.50 million, compared to CNY 10.32 million in Q3 2019, which is an increase of about 40.5%[53] - The company has not implemented any cash dividend policies during the reporting period[29] Compliance and Governance - The company has no overdue commitments from shareholders or related parties during the reporting period[28] - There were no violations regarding external guarantees during the reporting period[30] - The third quarter report has not been audited[83] - The company has implemented new revenue and lease standards starting from 2020, with retrospective adjustments to prior comparative data[83]