DPC(SH:600405)2020-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 33.27% to CNY 21,480,074.72 for the first nine months of the year[5] - Operating income for the first nine months increased by 8.22% to CNY 857,103,072.15 compared to the same period last year[5] - Basic earnings per share increased by 31.03% to CNY 0.038 per share[5] - The company reported a net profit of CNY 10,214,698.02, recovering from a loss of CNY 11,265,376.70 in the previous year[22] - Total profit for Q3 2020 reached ¥16,384,425.33, compared to ¥15,166,964.24 in Q3 2019, which is an increase of approximately 8.0%[32] - Net profit for Q3 2020 was ¥14,926,503.07, slightly up from ¥14,683,318.60 in Q3 2019, indicating a growth of approximately 1.7%[32] - The company reported a total comprehensive income of CNY 7,958,755.64 for Q3 2020, down from CNY 14,376,920.21 in Q3 2019, a decrease of 44.5%[36] Assets and Liabilities - Total assets increased by 3.37% to CNY 2,674,096,863.15 compared to the end of the previous year[5] - The company’s total current assets amounted to CNY 1,511,285,579.73, compared to CNY 1,405,400,413.23 at the end of the previous year[20] - Non-current assets totaled CNY 1,162,811,283.42, a slight decrease from CNY 1,181,411,988.79 in the previous year[22] - Total liabilities amounted to CNY 1,580,886,768.17, up from CNY 1,517,457,032.53, an increase of 4.2%[22] - Current liabilities decreased to CNY 1,279,216,949.75 from CNY 1,324,868,031.61, a reduction of 3.4%[22] - Long-term borrowings rose significantly to CNY 223,323,838.81 from CNY 113,722,170.00, indicating an increase of 96.7%[22] Cash Flow - Net cash flow from operating activities surged by 145.82% to CNY 160,305,070.35 year-to-date[5] - Cash received from investment increased by 100% to CNY 4,000,000.00, primarily due to the recovery of principal from maturing financial products[15] - The cash flow from operating activities for Q3 2020 was CNY 160,305,070.35, significantly higher than CNY 65,213,541.93 in Q3 2019, marking an increase of 146.1%[39] - Operating cash flow for the first three quarters of 2020 was CNY 134,066,082.92, a decrease of 44% compared to CNY 239,579,628.38 in the same period of 2019[42] - Total cash inflow from financing activities was CNY 379,425,988.09, down from CNY 474,808,953.17 in the previous year, resulting in a net cash outflow of CNY 92,854,781.26[40] Shareholder Information - The total number of shareholders reached 81,382 by the end of the reporting period[9] - The largest shareholder, He Zhenya, holds 11.10% of the shares, with 62,138,615 shares pledged[9] Research and Development - Development expenditures increased by 34.20% to CNY 124,555,063.96, mainly due to increased R&D projects for new modular power supplies and hydrogen power systems[13] - Research and development expenses for Q3 2020 amounted to ¥20,670,309.73, up from ¥17,941,557.84 in Q3 2019, marking an increase of about 15.3%[31] - Research and development expenses for the first nine months of 2020 were CNY 28,667,962.48, up from CNY 27,488,736.98 in the same period last year, indicating a growth of 4.3%[35] Other Financial Metrics - Weighted average return on equity improved by 0.54 percentage points to 2.03%[5] - The company received government subsidies amounting to CNY 1,093,042.40 related to its normal business operations[7] - Non-recurring gains and losses totaled CNY 2,178,404.58 for the reporting period[8] - The company recorded a cash inflow from investment activities of CNY 20,273,806.15 in the first nine months of 2020, compared to CNY 1,934,017.57 in the same period last year, indicating a significant increase[39]