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苏豪弘业(600128) - 2020 Q3 - 季度财报
JIANGSU HOLLYJIANGSU HOLLY(SH:600128)2020-10-30 16:00

Financial Performance - Operating revenue for the first nine months was CNY 2,732,912,163.40, a decrease of 0.88% year-on-year[9] - Net profit attributable to shareholders of the listed company was CNY 32,283,094.01, compared to a loss of CNY 8,649,539.37 in the same period last year[9] - Basic earnings per share increased to CNY 0.1308 from a loss of CNY 0.0351 in the same period last year[9] - The company reported a net profit excluding non-recurring gains and losses of CNY 1,823,746.39, compared to a loss of CNY 30,432,619.10 in the same period last year[9] - The company reported a total revenue of CNY 1,485,084,091.34 for the first nine months of 2020, compared to CNY 1,478,381,196.72 for the same period in 2019, showing a slight increase[29] - Net profit for Q3 2020 reached approximately ¥12.65 million, compared to ¥5.66 million in Q3 2019, marking a significant increase[32] - The company reported a profit margin of approximately 1.05% for Q3 2020, up from 0.49% in Q3 2019[32] - The total profit for Q3 2020 was approximately ¥14.86 million, compared to ¥5.49 million in Q3 2019, indicating strong growth[32] - The company recorded a total comprehensive income of approximately ¥12.30 million in Q3 2020, compared to ¥8.15 million in Q3 2019[33] - Net profit for the first three quarters of 2020 was ¥21.33 million, compared to ¥18.24 million in the same period of 2019, reflecting a growth of 17.4%[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,855,776,053.80, a decrease of 0.18% compared to the end of the previous year[9] - Total liabilities decreased to CNY 1,766,170,024.64 from CNY 1,797,518,421.99, indicating a reduction in financial obligations[23] - The company's total equity increased to CNY 2,089,606,029.16 from CNY 2,065,078,597.08, reflecting a growth in shareholder value[23] - Total current assets amounted to CNY 2,069,167,108.36, slightly down from CNY 2,075,272,373.32 at the end of last year[21] - Cash and cash equivalents decreased significantly to CNY 148,951,301.89 from CNY 220,960,661.66, indicating a liquidity challenge[26] - Current liabilities totaled CNY 1,505,471,327.99, including short-term borrowings of CNY 268,821,950.46 and accounts payable of CNY 594,593,601.18[46] - Total liabilities reached CNY 1,797,518,421.99, with non-current liabilities at CNY 292,047,094.00[47] - The total current assets and liabilities indicate a healthy liquidity position for the company[51] Cash Flow - The net cash flow from operating activities for the first nine months was CNY -93,268,113.98, an improvement from CNY -167,493,721.38 in the previous year[9] - The company reported a net cash flow from operating activities of -¥93.27 million for the first three quarters of 2020, an improvement from -¥167.49 million in the same period of 2019[38] - The total cash inflow from operating activities in Q3 2020 was CNY 617,268,753.40, a 58.8% increase from CNY 388,425,699.95 in Q3 2019[41] - The company incurred cash outflows of CNY 769,743,034.04 from operating activities, which is an increase from CNY 612,798,136.56 in the previous year[41] - The financing activities generated a cash inflow of CNY 429,394,659.63, up from CNY 182,915,723.94 in the same period of 2019[41] - The net cash flow from financing activities was CNY -111,457,447.58, worsening from CNY -45,432,276.20 in the previous year, indicating higher debt repayments[43] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 1.05% to CNY 1,710,905,309.93 compared to the end of the previous year[9] - Total number of shareholders reached 26,264[12] Government Support - Government subsidies recognized in the current period amounted to CNY 2,074,988.39, primarily from exhibition subsidies and employment stabilization subsidies[9] - Non-operating income for the current period included CNY 6,410,530.44, with significant contributions from government compensation for land acquisition[10] - Other income rose by 53.02% to CNY 7,026,992.91, attributed to increased government subsidies[17] Investment and Expenses - Financial expenses increased by 80.55% to CNY 13,351,923.75, mainly due to exchange losses from RMB appreciation[17] - The company has ongoing investments in fixed assets, with a total of CNY 288,896,170.77 as of September 30, 2020[22] - Research and development expenses were not reported for the periods analyzed, indicating a potential area for future investment[31] - Sales expenses increased to ¥35.05 million in the first three quarters of 2020, up 65.9% from ¥21.12 million in the same period of 2019[35]