亚盛集团(600108) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months reached CNY 1,714,971,984.20, an increase of 8.73% year-on-year[8] - Net profit attributable to shareholders decreased by 69.68% to CNY 15,901,945.95 compared to the same period last year[8] - The company's net profit for Q3 2020 was CNY 11,701,421.87, a decrease of 78.06% compared to CNY 53,344,827.84 in the same period last year[15] - Total revenue for Q3 2020 was CNY 14,370,109.94, down 75.08% from CNY 57,670,257.82 year-on-year[15] - Operating profit decreased by 77.61% to CNY 11,847,763.18 from CNY 52,920,449.60 in the previous year[15] - Q3 2020 net profit reached CNY 1.86 million, down 57.5% from CNY 4.37 million in Q3 2019[30] - Total profit for Q3 2020 was CNY 1.90 million, a decline of 58.6% compared to CNY 4.58 million in Q3 2019[30] - Cumulative net profit for the first three quarters of 2020 was CNY 11.70 million, a decrease of 78.1% from CNY 53.34 million in the same period of 2019[30] - The company reported a total profit of CNY 14.37 million for the first three quarters of 2020, down 75.1% from CNY 57.67 million in the same period of 2019[30] - Total comprehensive income for the first three quarters of 2020 was CNY 21,764,559.19, a decrease of 38.3% compared to the same period in 2019[33] Assets and Liabilities - Total assets increased by 0.69% to CNY 8,846,093,584.09 compared to the end of the previous year[8] - The total assets as of September 30, 2020, were CNY 8,846,093,584.09, slightly up from CNY 8,785,653,278.75 at the end of 2019[21] - Current liabilities increased to CNY 2,216,309,593.30 from CNY 1,938,307,854.22 year-on-year[21] - Total liabilities amounted to CNY 3,875,351,581.63, with current liabilities at CNY 1,938,307,854.22 and non-current liabilities at CNY 1,937,043,727.41[40] - The company has a total of CNY 1,434,639,436.39 in bonds payable, indicating a substantial debt obligation[40] - Long-term borrowings were reported at ¥1,414,511,263.50, a decrease from ¥1,434,639,436.39 in the previous year[24] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 121,905,605.90 for the first nine months[8] - The company reported a net cash flow from financing activities of -CNY 77,425,194.55, a significant decrease compared to CNY 182,239,739.44 in the same period last year[15] - Cash inflow from operating activities for the first three quarters of 2020 was CNY 1,738,590,985.65, an increase of 13.8% from CNY 1,527,813,176.96 in 2019[34] - Net cash flow from operating activities was -CNY 121,905,605.90, slightly improved from -CNY 133,389,248.26 in the previous year[34] - Cash outflow from investing activities was CNY 108,779,863.41, up from CNY 102,349,450.12 in the same period of 2019[34] - Cash inflow from financing activities in the first three quarters of 2020 was CNY 1,283,651,426.81, compared to CNY 2,444,730,373.29 in 2019[35] Research and Development - Research and development expenses increased by 97.01% to CNY 12,274,224.54 compared to the previous year[14] - The company increased its R&D investment, which contributed to the overall cost increase during the period[15] - Research and development expenses for Q3 2020 were ¥4,622,032.53, compared to ¥3,997,319.10 in Q3 2019, marking a 15.6% increase[26] - R&D expenses in Q3 2020 amounted to CNY 1.99 million, an increase of 46.3% from CNY 1.37 million in Q3 2019[30] Shareholder Information - The number of shareholders reached 154,397 by the end of the reporting period[12] - The company has a total of 10 major shareholders, with the largest holding 15.57% of shares[12] Economic Impact - The company faced challenges due to the COVID-19 pandemic, leading to increased raw material prices and overall costs[15] - The company received government subsidies, which positively impacted its financial performance[15]