运达股份(300772) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 3,411,152,684.35, a significant increase of 177.65% year-on-year[8] - Net profit attributable to shareholders was CNY 37,307,229.07, up 98.59% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses increased by 109.21% to CNY 35,587,045.76[8] - Basic earnings per share rose by 98.59% to CNY 0.1269[8] - The weighted average return on equity was 2.45%, an increase of 1.14 percentage points year-on-year[8] - The total profit for the current period is CNY 46,143,981.58, compared to CNY 25,908,501.65 in the previous period, indicating a growth of approximately 78.5%[68] - The net profit attributable to the parent company is CNY 37,307,229.07, compared to CNY 18,786,136.75 in the previous period, marking an increase of about 98.5%[68] - The total comprehensive income for the current period is CNY 37,327,728.04, compared to CNY 9,280,073.30 in the previous period, showing an increase of approximately 302.5%[73] Assets and Liabilities - Total assets increased by 32.81% to CNY 15,356,634,630.33 compared to the end of the previous year[8] - The total assets reached CNY 15,356,634,630.33, compared to CNY 11,562,878,636.21 at the end of 2019[44] - The total liabilities increased to CNY 13,782,474,427.84 from CNY 10,036,362,420.28 year-over-year[47] - The company's inventory increased by 86.91% to 382,766.36 million CNY, driven by a rise in project execution and stockpiling due to supply chain constraints[24] - The company's total current assets as of September 30, 2020, amounted to CNY 11,905,331,106.35, an increase from CNY 8,724,295,331.92 at the end of 2019[41] - The total liabilities increased to ¥12,700,957,626.84 from ¥9,073,525,615.27, which is an increase of about 40.5%[57] Cash Flow - Cash flow from operating activities decreased by 96.83% to CNY 35,221,917.96[8] - The net cash flow from operating activities decreased by 77.52% to 10,482.27 million CNY, impacted by tight supply of components amid increased project execution[28] - The net cash flow from operating activities was CNY 104,822,671.31, down from CNY 466,335,748.50, indicating a decline of about 78.7%[93] - Cash inflow from financing activities totaled CNY 141,315,469.99, a decrease from CNY 493,475,554.72, reflecting a decline of about 71.4%[96] - The ending cash and cash equivalents balance was CNY 2,138,826,846.07, compared to CNY 1,718,446,008.84 in the previous period, showing an increase of about 24.4%[96] Research and Development - The company's R&D expenses rose to 20,921.43 million CNY, marking a 123.46% increase compared to 9,362.50 million CNY in the previous year, indicating a commitment to innovation[28] - Research and development expenses for the quarter were ¥85,507,402.90, compared to ¥36,984,241.17 in the previous year, indicating a growth of about 131.5%[62] - Research and development expenses for the current period amount to CNY 85,507,402.90, which is an increase from CNY 35,955,095.63 in the previous period, representing a growth of about 137.5%[68] - Research and development expenses for the current period totaled ¥209,214,264.26, significantly higher than ¥90,690,910.04 in the previous period, indicating an increase of approximately 130.5%[87] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,860[12] - The largest shareholder, Zhejiang Electromechanical Group Co., Ltd., holds 45.92% of the shares[12] - The company has not disclosed any cash dividend policy execution during the reporting period[33] Government Support and Future Plans - The company received government subsidies amounting to CNY 26,102,351.58 during the reporting period[11] - The company plans to issue convertible bonds to meet funding needs for business development, enhancing profitability and competitiveness[29] - The company anticipates significant growth in net profit for 2020 due to the impact of the policy on installation rush[33] Operational Insights - The company's gross profit margin increased due to a surge in orders, with operating costs rising to 605,934.35 million CNY, reflecting a 163.35% increase from 230,088.54 million CNY year-on-year[28] - Operating costs for the quarter were ¥3,372,868,662.52, compared to ¥1,199,687,100.88 in the previous year, indicating a rise of about 181.1%[62] - The total operating costs for the current period are CNY 6,919,753,077.73, compared to CNY 2,683,387,783.35 in the previous period, indicating an increase of approximately 158.5%[76]