ZJQY(SH:600210)2020-10-30 16:00Financial Performance - Operating income for the first nine months was CNY 6,967,921,223, a decrease of 1.16% year-on-year[17] - Net profit attributable to shareholders increased by 8.44% to CNY 440,320,507[17] - Basic and diluted earnings per share were both CNY 0.290, an increase of 8.21%[17] - The company reported a net profit of RMB 2,424,975,742.61, up from RMB 2,288,002,467.29, indicating an increase of approximately 6%[40] - Net profit for the period was $202.39 million, up from $136.26 million, representing a 48.5% year-over-year growth[52] - The total profit before tax was approximately $250.01 million, compared to $167.67 million in the same period last year, indicating a 49.0% increase[50] - The company reported a retained earnings of CNY 1,592,288,163.40, up from CNY 1,470,784,303.11 in the previous year[46] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,774,151,955, a decrease of 0.06% compared to the end of the previous year[17] - Total current assets reached RMB 5,692,603,042.39, an increase from RMB 5,512,189,677.04 in the previous year[40] - Total liabilities amounted to RMB 5,463,266,713.61, down from RMB 5,614,125,081.28[40] - Total liabilities amounted to CNY 5,453,787,824.02, up from CNY 4,464,075,764.73 in the previous year[46] - Current liabilities totaled CNY 4,351,286,421.38, an increase from CNY 3,819,219,610.91 year-over-year[46] - Total assets amounted to approximately ¥10.78 billion, with non-current assets totaling around ¥5.27 billion[66] - Current liabilities reached approximately ¥4.88 billion, with short-term borrowings accounting for about ¥3.04 billion[66] Cash Flow - Net cash flow from operating activities increased by 29.90% to CNY 847,061,895[17] - The company experienced a 96.27% decrease in cash received from investment recoveries, totaling ¥13,707,220.58, compared to the previous year[27] - Cash inflows from investment activities decreased by 83.03% to ¥91,162,854.47, primarily due to fewer asset disposals compared to the previous year[27] - The net cash flow from financing activities showed a significant outflow of ¥631,192,616.51, a 136.80% increase in outflow compared to the previous year[30] - The cash inflow from operating activities for the first three quarters of 2020 was ¥7.71 billion, a decrease from ¥8.00 billion in the same period of 2019[58] - The net cash flow from financing activities was -CNY 562,903,031.39, worsening from -CNY 325,465,964.89 in the same period last year[64] Shareholder Information - The number of shareholders at the end of the reporting period was 98,427[20] - The company's equity attributable to shareholders increased to RMB 5,014,001,856.80 from RMB 4,917,669,704.03, representing a growth of approximately 2%[42] - Shareholders' equity totaled approximately ¥5.17 billion, with retained earnings at about ¥2.29 billion[68] Research and Development - Research and development expenses increased by 41.98% to ¥159,744,611.94, reflecting the company's increased investment in R&D[25] - Research and development expenses rose to $65.29 million, compared to $42.17 million in the same period last year, reflecting a 54.8% increase[50] - Research and development expenses were not reported for Q3 2020, but totaled ¥1.63 million for the first three quarters of 2020, down 70.3% from ¥5.48 million in the same period of 2019[54] Government Support - The company received government subsidies amounting to CNY 21,633,811 during the reporting period[17] Debt and Financing - Short-term borrowings decreased by 41.45% to CNY 1,777,326,561[21] - Long-term borrowings rose by 42.72% to ¥845,172,626.39, attributed to the addition of new long-term loans during the reporting period[24] - The company issued a total of ¥500 million in short-term financing bonds during the reporting period, which contributed to an increase in cash received from financing activities by 150%[30] - The total cash outflow from financing activities was CNY 3,146,903,031.39, down from CNY 3,673,965,964.89 in the same period last year[64]