BLACK PEONY(SH:600510)2020-10-26 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥711,982,478.03, reflecting an increase of 11.16% year-on-year[17]. - Operating revenue for the period was ¥6,731,209,253.94, representing a growth of 10.24% compared to the same period last year[17]. - Basic earnings per share increased to ¥0.70, up 14.75% from ¥0.61 in the previous year[17]. - The company reported a net profit of ¥687,972,567.37 after deducting non-recurring gains and losses, which is a 7.85% increase year-on-year[17]. - Total operating revenue for Q3 2020 reached ¥3,156,627,218.25, an increase of 12.38% compared to ¥2,808,437,406.19 in Q3 2019[59]. - Net profit for Q3 2020 was ¥610,671,658.47, a decrease of 3.87% from ¥635,073,102.44 in Q3 2019[62]. - The total comprehensive income for Q3 2020 was ¥43,103,636.77, compared to a loss of ¥27,533,019.93 in Q3 2019[69]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥33,423,266,418.05, an increase of 8.69% compared to the end of the previous year[17]. - The company's total liabilities increased to approximately 24.98 billion RMB from 22.73 billion RMB, reflecting a growth of about 9.88%[48]. - Current assets totaled ¥6,126,258,371.26, an increase from ¥5,642,283,687.86, reflecting a growth of approximately 8.56%[54]. - The total liabilities reached CNY 21,253,706,381.21, with current liabilities accounting for CNY 17,584,375,841.14[86]. - The company's equity attributable to shareholders was CNY 8,457,881,826.15, showing an increase of CNY 20,377,767.80 from the previous period[86]. Cash Flow - The net cash flow from operating activities was -¥385,261,366.31, a decrease of 112.37% compared to the same period last year[17]. - Cash received from tax refunds increased by 52.30% to CNY 68,625,917.14, due to higher tax refunds received[33]. - Cash outflow from operating activities increased to CNY 8,543,490,558.74, compared to CNY 6,588,247,896.25 in the previous year, resulting in a net cash flow from operating activities of -CNY 385,261,366.31[73]. - Financing cash inflow reached CNY 4,722,793,262.59, compared to CNY 3,878,432,021.73 in the previous year, with a net cash flow from financing activities of CNY 398,672,229.53[76]. Shareholder Information - The total number of shareholders at the end of the reporting period was 30,627, with the largest shareholder holding 49.92% of the shares[20]. - The total equity attributable to shareholders increased to ¥8,846,579,435.00 from ¥8,437,504,058.35, marking a growth of about 4.86%[50]. Research and Development - R&D expenses rose by 48.93% to CNY 42,628,126.57, reflecting increased investment in innovation[28]. - R&D expenses in Q3 2020 amounted to ¥15,292,376.56, representing an increase of 70.69% compared to ¥8,966,146.21 in Q3 2019[62]. Financial Adjustments and Standards - The company implemented new revenue recognition standards starting January 1, 2020, affecting the classification of contract liabilities and other financial metrics[87]. - The company has reclassified certain prepayments into contract liabilities, reflecting a strategic adjustment in financial reporting[87]. - The company has implemented adjustments to its financial statements in accordance with the new accounting standards, ensuring compliance and accuracy in reporting[97].