GETM(SH:600232)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 669,026,600.56, a decrease of 18.96% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 41,791,965.39, representing a 77.30% increase compared to the same period last year[7] - Basic and diluted earnings per share were both CNY 0.115, an increase of 76.92% compared to CNY 0.065 in the same period last year[8] - Total operating revenue for Q3 2020 was ¥253,995,549.26, a decrease of 14.4% compared to ¥296,905,145.25 in Q3 2019[25] - The company's net profit for the first three quarters of 2020 was not explicitly stated but reflects a downward trend compared to the previous year[25] - The net profit for Q3 2020 was ¥19,740,243.32, compared to ¥11,231,129.77 in Q3 2019, showing an increase of approximately 76.5%[27] - The total profit for Q3 2020 was ¥29,973,994.70, up from ¥15,893,563.79 in Q3 2019, indicating an increase of approximately 88.5%[27] - The company's operating profit for Q3 2020 was ¥29,996,297.00, compared to ¥15,890,188.24 in Q3 2019, reflecting an increase of approximately 88.5%[27] - The basic earnings per share for Q3 2020 was ¥0.056, up from ¥0.022 in Q3 2019, representing an increase of approximately 154.5%[27] - The total comprehensive income for Q3 2020 was ¥19,740,243.32, compared to ¥11,231,129.77 in Q3 2019, marking an increase of approximately 76.5%[27] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 22,494,652.60, a significant recovery from a loss of CNY 189,253,844.85 in the previous year[7] - The net cash flow from operating activities improved significantly to CNY 22,494,652.60, a turnaround from a negative cash flow of CNY -189,253,844.85 in the previous period[15] - The cash flow from investment activities was CNY 73,931,934.52, a significant improvement from CNY -4,312,763.80 in the previous period, primarily due to compensation received from subsidiary relocations[15] - Operating cash flow for the first three quarters of 2020 was CNY 22,494,652.60, a significant improvement from a net loss of CNY 189,253,844.85 in the same period of 2019[33] - The net cash flow from investing activities was CNY 73,931,934.52, compared to a net outflow of CNY 4,312,763.80 in the same period last year[34] - Cash and cash equivalents at the end of the period increased to CNY 180,981,529.17 from CNY 100,378,104.80 in the previous year, marking a growth of approximately 80.3%[34] - The company experienced a net cash outflow from financing activities of CNY 83,442,670.85, compared to a net inflow of CNY 25,730,553.19 in the same period last year[34] - The cash flow from operating activities for the parent company was CNY 121,962,855.12, a recovery from a net loss of CNY 130,319,078.32 in the previous year[36] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,880,786,076.88, an increase of 1.15% compared to the end of the previous year[7] - The company's total liabilities increased to CNY 744,488,830.24 from CNY 691,997,514.04, indicating a rise in financial obligations[19] - The company's accounts receivable increased by 39.54% to CNY 357,213,206.46 compared to the beginning of the year, primarily due to concentrated sales collections at year-end[14] - The company's contract liabilities reached CNY 97,604,555.41, reflecting an increase in advance payments compared to the beginning of the year[14] - The company's total equity decreased to CNY 1,136,297,246.64 from CNY 1,167,345,958.07, reflecting changes in retained earnings and other equity components[19] - Total assets as of September 30, 2020, amounted to CNY 1,880,786,076.88, a slight increase from CNY 1,859,343,472.11 at the beginning of the year[18] - Current assets totaled ¥819,603,319.88 as of September 30, 2020, compared to ¥876,664,586.45 at the end of 2019, a decline of 6.5%[22] - Total liabilities increased to ¥447,629,658.34 in Q3 2020 from ¥433,599,925.89 in Q3 2019, an increase of 3.1%[23] Research and Development - Research and development expenses surged by 147.53% to CNY 12,091,723.51, reflecting the company's increased investment in R&D[15] - Research and development expenses increased to ¥5,952,892.43 in Q3 2020, compared to ¥480,555.18 in Q3 2019, marking a significant rise of 1,141.5%[25] - The company's research and development expenses for Q3 2020 were ¥0.00, down from ¥106,115.46 in Q3 2019, indicating a significant reduction[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,403[12] - Zhejiang Jinying Group Co., Ltd. held 48.58% of the shares, with 177,173,451 shares pledged[12] Other Income and Gains - Non-recurring gains and losses totaled CNY 25,430,354.80 for the current period, with a cumulative amount of CNY 61,048,915.07 for the year-to-date[11] - The company reported a 2290.46% increase in other income to CNY 39,628,681.73, mainly due to compensation from subsidiary relocations[15]