S佳通(600182) - 2020 Q3 - 季度财报

Financial Performance - Revenue for the first nine months decreased by 14.14% to CNY 1,970,687,716.39 compared to the same period last year[6] - Net profit attributable to shareholders dropped by 35.70% to CNY 48,420,923.21 year-on-year[6] - Basic and diluted earnings per share fell by 35.71% to CNY 0.1424[7] - Operating profit decreased by 36.02% year-on-year to 133 million RMB, while net profit attributable to shareholders fell by 35.70% to 48 million RMB[13] - Net profit for Q3 2020 was approximately ¥51.13 million, down from ¥67.63 million in Q3 2019, indicating a decrease of about 24.4%[27] - The total comprehensive income for Q3 2020 was ¥51,125,078.89, down from ¥67,628,760.72 in Q3 2019, reflecting a decrease of 24.3%[29] - The company's total comprehensive income for the first three quarters of 2020 was ¥81,959,685.69, compared to ¥81,844,074.04 in the same period of 2019, showing a slight increase[32] Assets and Liabilities - Total assets increased by 2.81% to CNY 3,121,929,650.76 compared to the end of the previous year[6] - The company's total liabilities increased to 1.450 billion RMB from 1.354 billion RMB at the end of 2019[19] - Total assets as of September 30, 2020, amounted to 3.122 billion RMB, an increase from 3.037 billion RMB at the end of 2019[18] - Total liabilities reached CNY 1,354,328,727.29, with current liabilities at CNY 888,296,632.46 and non-current liabilities at CNY 466,032,094.83[41] - The company has a short-term loan of CNY 49,531,020.00 and accounts payable of CNY 110,719,475.22[40] - The company has a long-term loan of CNY 430,500,000.00 and total current liabilities of CNY 888,296,632.46[41] Shareholder Information - The total number of shareholders reached 28,242 by the end of the reporting period[11] - The largest shareholder, Jiatong Tire (China) Investment Co., Ltd., holds 44.43% of the shares[11] - Shareholders' equity totaled CNY 1,682,411,908.31, with equity attributable to the parent company at CNY 973,842,650.20 and minority interests at CNY 708,569,258.11[41] Cash Flow - Operating cash flow increased significantly by 88.88% to CNY 124,044,240.32 for the first nine months of the year[6] - The cash flow from operating activities for the first three quarters of 2020 was ¥1,708,389,958.88, down 9.5% from ¥1,888,604,058.78 in the same period of 2019[33] - The total cash outflow from operating activities in Q3 2020 was RMB 1,584,345,718.56, compared to RMB 1,822,932,114.82 in Q3 2019, indicating a decrease of about 13%[34] - The net cash flow from operating activities increased by 5.8 million RMB year-on-year, primarily due to a decrease in raw material costs[15] Research and Development - Research and development expenses increased by 6.4 million RMB compared to the same period last year, attributed to improved management and increased investment in R&D[14] - Research and development expenses for Q3 2020 were approximately ¥5.34 million, significantly higher than ¥2.59 million in Q3 2019, marking an increase of about 106.8%[26] Financial Management - The company reported non-operating income of CNY 959,910.77 for the first nine months[11] - The company reported a financial income of ¥24,642.88 in Q3 2020, significantly higher than ¥5,697.76 in Q3 2019, indicating improved financial management[30] - The company reported a financial expense of approximately ¥54.56 million in Q3 2020, compared to a financial income of approximately ¥9.43 million in Q3 2019, indicating a significant shift in financial performance[26] Future Outlook - The company anticipates potential losses or significant changes in cumulative net profit by the end of the next reporting period[16] - The company plans to continue investing in new product development and market expansion strategies to drive future growth[24] - Overall, the financial data reflects a solid foundation for potential market expansion and strategic initiatives[46]