TDG(SH:600330)2020-10-19 16:00Financial Performance - Net profit attributable to shareholders was ¥332,887,538.18, representing a significant increase of 126.91% year-on-year[17]. - Operating revenue for the first nine months was ¥2,226,635,310.12, up 17.38% from the same period last year[17]. - Basic earnings per share increased to ¥0.339, reflecting a growth of 130.61% year-on-year[17]. - The weighted average return on equity rose to 7.46%, an increase of 3.74 percentage points compared to the previous year[17]. - Total operating revenue for Q3 2020 reached ¥817,778,834.27, a 14.2% increase from ¥716,219,984.49 in Q3 2019[45]. - Net profit for Q3 2020 was ¥125,983,726.48, compared to ¥35,351,435.34 in Q3 2019, representing a significant increase of 256.5%[49]. - The company reported a total comprehensive income of ¥359,265,562.83 for Q3 2020, compared to a loss of ¥4,222,666.91 in Q3 2019[51]. - The total profit for the first three quarters of 2020 was ¥153,741,579.05, compared to a loss of ¥311,783.82 in the same period of 2019[54]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,502,950,066.16, an increase of 11.68% compared to the end of the previous year[17]. - The total assets increased to ¥7,502,950,066.16 from ¥6,718,507,718.34, reflecting a growth in both current and non-current assets[30]. - The total liabilities decreased slightly to ¥2,301,306,746.22 from ¥2,321,313,083.26, indicating a stable financial position[34]. - Total liabilities increased to ¥2,629,024,049.12, up from ¥2,577,211,694.93, reflecting a growth of approximately 2%[36]. - The total equity rose to ¥4,873,926,017.04, compared to ¥4,141,296,023.41, marking an increase of about 17.7%[36]. - The total equity attributable to shareholders reached ¥4,804,490,011.67, up from ¥4,066,829,256.54, reflecting an increase of approximately 18.1%[36]. - The company’s total assets as of the end of Q3 2020 were CNY 6,718,507,718.34, reflecting a stable asset base compared to previous periods[68]. Cash Flow - The net cash flow from operating activities improved to -¥23,817,104.50, a 80.97% increase compared to -¥125,147,783.92 in the previous year[17]. - The net cash flow from operating activities improved by 80.97%, reaching -¥23,817,104.50 compared to -¥125,147,783.92 in the same period last year, due to increased collections and reduced tax payments[25]. - The net cash flow from investing activities was ¥12,931,755.02, a 105.39% increase from -¥239,844,281.35, mainly due to cash received from the reduction of investment in Bochuang Technology[25]. - Cash flow from operating activities for the first three quarters of 2020 was CNY 1,113,979,110.17, an increase from CNY 968,489,400.95 in the same period of 2019, representing a growth of approximately 15%[62]. - The net cash flow from operating activities was negative at CNY -1,385,074.16 in Q3 2020, an improvement from CNY -162,160,236.87 in Q3 2019, suggesting better operational efficiency[65]. Shareholder Information - The total number of shareholders at the end of the reporting period was 81,239[20]. - The largest shareholder, Tiantong High-tech Group Co., Ltd., held 13.00% of the shares, totaling 129,561,810 shares[20]. - The company approved the second employee stock ownership plan, allowing the acquisition of 13,768,519 shares at a price of ¥5.82 per share[27]. Investment and R&D - The company reported non-operating income of ¥69,742,335.42 for the current period, with a total of ¥210,317,741.58 for the year-to-date[19]. - R&D expenses for Q3 2020 were ¥45,517,354.24, slightly down from ¥47,000,722.51 in Q3 2019[45]. - Research and development expenses for Q3 2020 amounted to ¥13,719,396.64, slightly up from ¥12,069,928.76 in Q3 2019[54]. - Future outlook includes continued focus on market expansion and new product development strategies[49]. Changes in Financial Position - Cash and cash equivalents decreased by 30.88% to ¥471,101,358.14 from ¥681,528,019.93 due to a reduction in bank deposits during the reporting period[24]. - Accounts receivable increased by 64.55% to ¥52,030,710.93 from ¥31,619,406.96, primarily due to an increase in commercial acceptance received during the reporting period[24]. - Long-term receivables decreased by 57.82% to ¥1,776,924.55 from ¥4,212,433.19, mainly due to the recovery of project funds from subsidiaries[24]. - Other equity instrument investments increased by 103.16% to ¥1,071,523,541.10 from ¥527,423,065.95, attributed to the increase in fair value of Yaguang Technology during the reporting period[24]. - Cash and cash equivalents decreased to ¥158,316,039.26 from ¥241,963,226.07, a decline of about 34.6%[40]. - Accounts receivable rose to ¥431,224,301.14 from ¥412,785,713.30, showing an increase of approximately 4.4%[40]. - Inventory increased to ¥313,728,803.47 from ¥270,294,121.74, indicating a growth of about 16%[40].