DDMC(SH:600136)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months decreased by 69.61% to approximately CNY 411.37 million compared to the same period last year[7]. - Net profit attributable to shareholders was a loss of approximately CNY 1.30 billion, a decrease of 299.09% compared to the same period last year[7]. - Basic earnings per share were CNY -2.22, a decrease of 265.67% compared to CNY 1.34 in the same period last year[7]. - The weighted average return on net assets decreased by 53.15 percentage points to -35.53% compared to 17.62% in the same period last year[7]. - Operating revenue decreased by 69.61% to ¥411,369,481.85, primarily due to the impact of the pandemic on business operations[16]. - Operating profit for Q3 2020 was a loss of ¥114.79 million, compared to a loss of ¥67.41 million in Q3 2019, representing a deterioration of 70.1%[31]. - The net loss for the first three quarters of 2020 was RMB 91,216,592.34, contrasting with a profit of RMB 560,473,726.02 in the same period of 2019[27]. - The company reported a net loss of approximately ¥844.15 million for Q3 2020, compared to a net loss of ¥1.44 billion in the same period last year, indicating a year-over-year improvement of 41.5%[28]. Assets and Liabilities - Total assets decreased by 6.58% to approximately CNY 9.72 billion compared to the end of the previous year[7]. - Total liabilities reached CNY 6,564,412,364.73, compared to CNY 5,814,067,634.64, marking an increase of around 12.86%[21]. - The company's total equity decreased to CNY 3,152,619,619.44 from CNY 4,587,474,547.28, a decline of approximately 31.29%[21]. - Current assets totaled CNY 3,083,247,601.11, down from CNY 3,607,913,108.59, indicating a decrease of about 14.54%[19]. - Total liabilities increased to RMB 5,392,637,448.01 from RMB 4,587,145,768.71, reflecting a rise of approximately 17.5%[25]. - Total liabilities as of the end of the reporting period were ¥4,756,847,168.51, reflecting a stable financial position[42]. - Total assets amounted to ¥10,401,542,181.92, indicating no change from the previous reporting period[42]. Cash Flow - Cash flow from operating activities for the first nine months decreased by 81.27% to approximately CNY 182.12 million compared to the same period last year[7]. - Cash received from financing activities increased by 52.20% to ¥2,239,959,272.04, mainly due to increased borrowings from financial institutions[17]. - The net cash flow from operating activities for the first three quarters of 2020 was ¥182,120,186.07, down 81.3% from ¥972,132,219.91 in the previous year[34]. - The company experienced a net cash outflow from investing activities of ¥325,720,657.72 in the first three quarters of 2020, an improvement from a net outflow of ¥1,764,876,037.61 in the same period of 2019[36]. - Total cash inflows from financing activities amounted to ¥3,471,019,272.04, slightly up from ¥3,417,525,850.66 in the previous year[36]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,842[12]. - The top ten shareholders held a combined 68.88% of the company's shares, with the largest shareholder holding 13.73%[12]. Other Financial Metrics - The company reported non-recurring gains and losses totaling approximately CNY 533,689.07 for the first nine months[11]. - Other income increased by 281.81% to ¥14,700,432.47, mainly due to increased government subsidies received[16]. - Credit impairment losses surged by 29,539.12% to -¥284,290,078.73, primarily due to the company's recognition of credit impairment losses[16]. - The company reported a significant increase in financial expenses, totaling RMB 240,699,407.26 in Q3 2020, compared to RMB 69,888,126.50 in Q3 2019, which is an increase of approximately 244.5%[27].