FSSS(SH:600399)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥404,483,228.62, representing a significant increase of 132.57% year-on-year[18]. - Operating revenue for the period was ¥4,714,816,351.39, up 7.69% from the same period last year[18]. - Basic earnings per share increased to ¥0.2051, reflecting a growth of 132.54% year-on-year[20]. - The weighted average return on net assets rose to 8.65%, an increase of 4.56 percentage points compared to the previous year[20]. - Total revenue for Q3 2020 reached ¥1,607,565,688.05, an increase of 24.06% compared to ¥1,295,665,455.53 in Q3 2019[55]. - Net profit for Q3 2020 was ¥221,160,207.29, significantly higher than ¥48,412,761.13 in Q3 2019, representing a growth of 355.73%[60]. - The net profit margin for Q3 2020 improved to approximately 13.76% from 3.74% in Q3 2019, indicating enhanced profitability[60]. - The total comprehensive income attributable to the parent company for Q3 2020 was CNY 215,645,775.98, significantly higher than CNY 48,727,018.04 in Q3 2019, showing an increase of approximately 343%[76]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,839,864,828.75, an increase of 3.36% compared to the end of the previous year[18]. - Total liabilities decreased to CNY 3,960,820,446.40 from CNY 4,076,782,672.04, indicating a reduction of about 2.85%[50]. - The company's equity attributable to shareholders rose to CNY 4,879,044,382.35, compared to CNY 4,475,770,125.74, marking an increase of approximately 8.99%[50]. - The total amount of other payables was ¥93,254,241.83, which includes various operational liabilities[94]. - The company reported a contract liability of ¥207,656,320.74, indicating future revenue obligations[94]. - Long-term borrowings were recorded at ¥2,409,499,896.69, highlighting the company's financing strategy[94]. Cash Flow - The net cash flow from operating activities was ¥10,751,007.00, a decrease of 98.35% compared to the previous year[18]. - Cash and cash equivalents increased by 176.09% to ¥417,360,983.47 from ¥151,169,108.83[26]. - Cash inflows from investment activities reached CNY 2,119,494,646.53, compared to CNY 1,955,332,056.60 previously[82]. - Cash outflows for investment activities totaled CNY 1,813,442,511.72, down from CNY 2,784,679,044.95[82]. - The cash flow from operating activities for the first three quarters of 2020 was CNY 3,344,808,355.36, a decrease from CNY 5,144,430,441.10 in the same period of 2019, indicating a decline of approximately 34.9%[79]. Shareholder Information - The total number of shareholders at the end of the reporting period was 65,602[23]. - The largest shareholder, Northeast Special Steel Group Co., Ltd., held 576,876,444 shares, accounting for 29.25% of the total shares[23]. Research and Development - Research and development expenses surged by 535.82% to ¥243,798,174.07 from ¥38,343,868.55[28]. - Research and development expenses for Q3 2020 were ¥84,220,204.82, a significant increase from ¥28,020,183.09 in Q3 2019, representing a growth of 200.79%[58]. Government Subsidies and Other Income - Government subsidies recognized in the current period amounted to ¥2,824,006.66, with a total of ¥7,066,670.89 recognized year-to-date[19]. - The company reported a significant increase in other income by 112.72% to ¥7,066,670.89 from ¥3,322,017.00[28].