JSAC(SH:600389)2020-10-26 16:00Financial Performance - Operating income for the period from January to September was CNY 3,767,513,901.78, an increase of 2.54% compared to the same period last year[18]. - Net profit attributable to shareholders of the listed company was CNY 260,912,593.24, reflecting a year-on-year increase of 3.10%[18]. - Basic earnings per share for the period were CNY 0.88, an increase of 3.53% compared to the previous year[21]. - Total operating revenue for Q3 2020 was ¥1,056,842,964.38, a decrease of 4.5% compared to ¥1,106,174,539.55 in Q3 2019[49]. - Net profit for Q3 2020 was ¥48,871,334.55, a decrease of 28.0% compared to ¥67,846,584.83 in Q3 2019[51]. - The company reported a total profit of ¥58,775,539.95 for Q3 2020, down from ¥84,737,180.16 in Q3 2019[51]. - The company’s total operating revenue for the first three quarters of 2020 was ¥3,767,513,901.78, an increase of 2.5% compared to ¥3,674,299,190.00 in the same period of 2019[49]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,118,647,002.39, a decrease of 4.36% compared to the end of the previous year[18]. - Total liabilities decreased to ¥2,177,373,395.85 from ¥2,225,308,027.52, a decline of approximately 2.15%[41]. - Non-current assets totaled ¥2,046,866,411.35, slightly up from ¥2,027,767,718.43, indicating a growth of about 0.19%[41]. - Current liabilities decreased to ¥1,946,025,532.76 from ¥1,974,069,587.17, a reduction of approximately 1.42%[41]. - Total liabilities amounted to ¥2,092,438,811.73, a slight decrease from ¥2,114,277,351.79 in the previous period[49]. - Total assets decreased to ¥4,118,647,002.39 from ¥4,306,243,931.02, a decline of approximately 4.36%[41]. Shareholders and Equity - Net assets attributable to shareholders of the listed company were CNY 1,865,830,008.75, down 7.40% year-on-year[18]. - The total number of shareholders at the end of the reporting period was 12,439[22]. - Shareholders' equity decreased to ¥1,941,273,606.54 from ¥2,080,935,903.50, a drop of about 6.71%[41]. - Shareholders' equity totaled approximately $1.99 billion, with retained earnings of $1.33 billion[88]. Cash Flow - Net cash flow from operating activities for the period was CNY 327,873,401.06, up 83.56% year-on-year[18]. - Cash flow from operating activities for the first three quarters of 2020 was ¥327,873,401.06, an increase of 83.6% compared to ¥178,618,670.61 in the same period of 2019[67]. - Cash outflow from financing activities increased to ¥885,655,348.56 from ¥632,806,857.32, resulting in a net cash flow from financing activities of -¥345,655,348.56[68]. - The ending cash and cash equivalents balance was ¥431,227,343.08, down from ¥527,810,716.95 in the previous year, a decrease of 18.3%[68]. Expenses - Financial expenses rose to ¥22,927,186.19, a 338.07% increase compared to ¥5,233,710.31 in the previous year, mainly due to a decrease in foreign exchange gains[29]. - The company’s income tax expense decreased by 33.61% to ¥43,908,145.83, due to a reduction in the corporate income tax rate from 25% to 15%[29]. - Research and development expenses for Q3 2020 were ¥34,686,068.72, a decrease of 33.9% from ¥52,441,070.97 in Q3 2019[49]. - The company reported a financial expense of CNY 16,488,685.29 in Q3 2020, compared to a financial income of CNY 2,853,907.40 in Q3 2019[60]. Investments - Investment properties increased by 156.85% to ¥26,470,133.07, attributed to rental income from dock facilities[35]. - The company received government subsidies amounting to CNY 2,376,497.40 during the reporting period[21]. - Long-term equity investments were valued at RMB 213,526,765.11, indicating strategic investments in other entities[75]. Market and Strategy - The company is focused on expanding its market presence and enhancing product offerings through ongoing research and development initiatives[80]. - The company has implemented new accounting standards effective January 1, 2020, impacting revenue recognition and financial reporting[90].