SWSC(SH:600369)2020-10-30 16:00Financial Performance - Operating income for the first nine months was ¥2,343,659,090.92, a slight increase of 0.53% compared to the same period last year[4] - Net profit attributable to shareholders of the listed company was ¥752,471,016.98, representing an increase of 11.98% year-on-year[4] - Basic earnings per share increased to ¥0.13, up 8.33% from ¥0.12 in the same period last year[4] - The weighted average return on equity was 3.60%, an increase of 0.05 percentage points compared to the previous year[4] - Total operating revenue for Q3 2020 reached ¥721.72 million, a 16.2% increase from ¥621.39 million in Q3 2019[16] - Net profit for Q3 2020 was ¥317.66 million, a 79.5% increase from ¥176.98 million in Q3 2019[16] - The net profit attributable to shareholders of the parent company was ¥324.03 million, compared to ¥181.45 million in Q3 2019, an increase of 78.5%[16] - Total comprehensive income for Q3 2020 was ¥377,188,315.35, up from ¥179,176,935.98 in Q3 2019, indicating a growth of 110.5%[17] Assets and Liabilities - Total assets at the end of the reporting period reached ¥76,477,030,197.33, an increase of 16.14% compared to the end of the previous year[4] - Total liabilities increased to ¥51,797,159,927.64 from ¥46,293,216,844.58, reflecting a growth of approximately 11.5%[14] - The company's equity attributable to shareholders reached ¥24,755,167,194.05, compared to ¥19,593,568,754.34, indicating a rise of around 26.9%[14] - The total amount of short-term financing payable increased to ¥3,955,495,171.40 from ¥1,310,320,447.71, reflecting a substantial increase of approximately 201.5%[15] Cash Flow - The net cash flow from operating activities for the first nine months was -¥2,206,876,041.82, a decrease of 472.80% compared to the previous year[4] - Total cash inflow from operating activities increased to 6,735,993,006.92 RMB, up from 4,744,726,249.32 RMB year-over-year, reflecting a growth of approximately 42%[18] - The company reported a net increase in cash and cash equivalents of 4,879,733,226.63 RMB, compared to 2,848,481,550.53 RMB in the previous year, marking a growth of about 71%[18] - Cash outflow for operating activities rose to 8,942,869,048.74 RMB, compared to 4,152,748,205.26 RMB in the same period last year, reflecting an increase of approximately 115%[18] Investment and Financing - Net interest income rose by 97.92% to approximately ¥252.23 million for the first nine months of 2020, primarily due to reduced interest expenses[9] - Investment income increased by 73.25% to approximately ¥1.31 billion, driven by gains from the disposal of financial instruments[9] - The company approved a non-public issuance of up to 1 billion new shares, aimed at raising capital from specific institutional investors[10] - The company plans to provide a guarantee for overseas debt financing of up to $200 million for its subsidiary, with a term not exceeding three years[11] Shareholder Information - The top ten shareholders held a total of 3,000,000,000 shares, accounting for 45.00% of the total shares[7] - The company's unallocated profits increased to ¥3,087,960,635.57 from ¥2,771,469,583.10, representing a growth of about 11.4%[14] Legal Matters - The company has ongoing litigation cases, with 15 unresolved lawsuits related to securities false statements, involving approximately ¥1.5 million[12] Other Financial Metrics - The company reported non-operating income of ¥229,142.31 for the current period, with a total of ¥6,991,067.00 for the year-to-date[5] - The company recorded a significant increase in credit impairment losses, which rose by 276.17% to approximately ¥110.54 million, reflecting higher impairment on other receivables[9] - The company reported a significant increase in investment income from joint ventures and associates, reaching ¥95,284,772.36, compared to ¥18,088,676.31 in Q3 2019[17]