Y.I.C.(SH:600119)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 320,523,043.95, a decrease of 43.39% year-on-year[5] - Net profit attributable to shareholders was a loss of CNY 32,940,423.75, improving from a loss of CNY 54,644,775.55 in the same period last year[5] - The company reported a basic and diluted earnings per share of -CNY 0.11, an improvement from -CNY 0.18 in the previous year[5] - Operating revenue fell by 43.39% to ¥320,523,043.95, primarily due to the impact of the pandemic on logistics and a reduction in international air freight export business[15] - Operating costs decreased by 39.08% to ¥285,568,391.76, reflecting similar challenges faced by the logistics sector[15] - The company reported a significant decrease in tax expenses by 78.96% to ¥1,886,766.09, attributed to reduced net profits[16] Assets and Liabilities - Total assets decreased by 21.37% to CNY 1,049,882,734.02 compared to the end of the previous year[5] - Net assets attributable to shareholders decreased by 16.63% to CNY 168,419,566.09 compared to the end of the previous year[5] - The company's cash and cash equivalents decreased by 47.07% to ¥164,214,292.55 due to loan repayments during the reporting period[15] - Other payables increased by 40.12% to ¥151,859,129.53, primarily due to loans from the group[15] - The company’s long-term equity investments decreased by 46.84% to ¥45,960,006.27 due to the disposal of equity in a microloan company[15] - The company’s financial expenses decreased by 38.12% to ¥22,423,467.78, mainly due to loan repayments and lower interest rates[15] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 15,983,129.96, compared to a negative cash flow of CNY 32,014,080.89 in the previous year[5] - The company reported a net cash inflow from operating activities of ¥15,983,129.96, a significant recovery from a net outflow of ¥32,014,080.89 in the previous year[16] - Investment activities generated a net cash inflow of ¥38,780,532.14, a 152.18% increase compared to the previous year, mainly from the disposal of a microloan company's equity[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,253[11] - The largest shareholder, Changjiang Economic United Development Group, holds 35.64% of the shares[11] Other Financial Metrics - The weighted average return on net assets increased by 30.98 percentage points to -17.75%[5] - Non-recurring gains and losses totaled CNY 1,746,164.93 for the current period[9] - The company has received approval from the China Securities Regulatory Commission for a non-public issuance of up to 57,870,370 new shares[17]