GLARUNTECH(SH:600562)2020-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company rose by 6.70% to CNY 254,699,854.66 for the period from January to September[5] - Operating income for the first nine months reached CNY 2,430,025,645.02, reflecting a growth of 12.89% year-on-year[5] - The net profit after deducting non-recurring gains and losses surged by 763.52% to CNY 188,239,070.34[6] - Basic and diluted earnings per share increased by 5.00% to CNY 0.21[6] - The weighted average return on net assets rose by 0.56 percentage points to 7.20%[6] - The total profit for the first three quarters of 2020 was ¥36,611,993.57, up from ¥30,370,363.45 in the same period of 2019, reflecting a year-over-year increase of about 21%[29] Cash Flow - Net cash flow from operating activities improved significantly, showing a net inflow of CNY 10,673,147.66 compared to a net outflow of CNY 648,651,795.73 in the same period last year, marking a 101.65% increase[5] - The cash flow from operating activities for the first three quarters of 2020 was ¥1,660,147,833.58, compared to ¥1,416,063,880.61 in the same period of 2019, showing an increase of approximately 17%[31] - The net cash flow from operating activities for the first three quarters of 2020 was CNY 136,699,296.75, compared to CNY 46,331,127.34 in the same period of 2019, representing an increase of approximately 195%[33] - The total cash outflow from operating activities was CNY 429,604,729.23, compared to CNY 112,631,632.17 in the same period last year, indicating a rise in operational costs[33] Assets and Liabilities - Total assets increased by 28.80% to CNY 7,668,714,950.27 compared to the end of the previous year[5] - The company's total current assets reached ¥6,607,788,175.46, up from ¥5,186,505,697.23 in the previous year[17] - Current liabilities rose significantly to ¥3,522,392,404.44 from ¥1,940,435,738.62, reflecting an increase of approximately 81.6%[20] - The total liabilities increased to ¥3,554,687,224.23 from ¥1,971,045,556.55, representing a growth of about 80.4%[20] - Non-current assets totaled ¥1,060,926,774.81, compared to ¥767,425,320.02, indicating a year-over-year increase of about 38.2%[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,927[8] - The top shareholder, China Electronics Technology Group Corporation No. 14 Research Institute, holds 56.61% of the shares[9] - The company's equity attributable to shareholders reached ¥4,107,865,413.90, up from ¥3,884,774,152.99, marking an increase of about 5.7%[20] Investment Activities - Cash received from investment payments surged by 13,378% to ¥350,426,800.00, mainly for the Nanchang Line 3 project[15] - The company reported a net cash outflow from investment activities of CNY 368,386,660.12, compared to CNY 35,181,174.92 in the same period last year, reflecting a substantial increase in investment expenditures[32] - The company completed the acquisition of 100% of Nanjing Guorui Defense Systems and 95% of Nanjing Guorui Xinwei Software[16] Government Subsidies - The company received government subsidies amounting to CNY 3,968,473.65 for the first nine months, with CNY 2,709,220.33 recognized in the third quarter[7] - The company reported a decrease in other income by 53% to ¥4,323,268.17, due to a reduction in government subsidies[14] Research and Development - R&D expenses for Q3 2020 increased to ¥46,162,541.91, up 10.0% from ¥42,685,677.97 in Q3 2019[25] - Research and development expenses for Q3 2020 were reported as ¥0.00, indicating no investment in R&D during this period[29] Financial Expenses - The company reported a significant reduction in financial expenses, with a net financial expense of ¥515,947.33 in Q3 2020 compared to a net income of -¥726,707.69 in Q3 2019[25] - The financial expenses for Q3 2020 were recorded at -¥1,365,377.41, an improvement from -¥701,575.94 in Q3 2019[29]