FOUNDERTECH(SH:600601)2020-10-30 16:00Financial Performance - Operating revenue for the first nine months was ¥3,452,341,748.23, representing a year-on-year increase of 3.41%[18]. - The net profit attributable to shareholders of the listed company was -¥167,157,023.49, an improvement from -¥374,911,725.42 in the previous year[18]. - The company reported a net profit of -170,066,920.88 RMB for the current period, an improvement of 206,662,896.23 RMB compared to the previous year's loss of -376,729,817.11 RMB[31]. - Net profit for the first three quarters of 2020 was CNY -884,039,691.69, worsening from CNY -822,692,673.96 in the same period of 2019[50]. - The company's net profit for Q3 2020 was -60,994,067.20 RMB, compared to -113,200,437.69 RMB in Q3 2019, indicating a reduction in losses[58]. - The total comprehensive income for the period was approximately -¥20.86 million, compared to -¥61.35 million in the same period last year, indicating a reduction in losses by about 66%[66]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,214,999,690.43, an increase of 2.45% compared to the end of the previous year[18]. - The company's total liabilities reached approximately CNY 8.49 billion, up from CNY 8.07 billion at the end of 2019, representing an increase of about 5.2%[45]. - The company's equity attributable to shareholders decreased to approximately CNY 1.72 billion from CNY 1.89 billion at the end of 2019, a decline of about 8.9%[45]. - The company's total current liabilities reached ¥3,120,552,497.15[89]. - The company reported a total asset value of ¥9,971,077,545.05[84]. Cash Flow - Net cash flow from operating activities increased significantly by 243.17% to ¥398,771,485.99 compared to ¥116,202,355.83 in the same period last year[18]. - The total cash inflow from operating activities was approximately ¥5.09 billion, compared to ¥4.85 billion in the previous year, indicating a year-over-year increase of about 5%[69]. - The cash flow from investment activities showed a net outflow of approximately -¥496.60 million, compared to -¥117.77 million in the previous year, indicating a significant increase in investment expenditures[71]. - The net cash flow from financing activities was approximately -¥85.63 million, an improvement from -¥517.10 million in the previous year, showing a reduction in cash outflow by about 83%[71]. Shareholder Information - The total number of shareholders at the end of the reporting period was 185,200[24]. - The largest shareholder, Peking University Founder Information Industry Group Co., Ltd., held 12.59% of the shares[24]. Government Support - The company received government subsidies amounting to ¥6,836,632.04 during the reporting period[21]. - The company reported a 156.36% increase in other income, totaling 39,933,982.50 RMB, compared to 15,577,591.73 RMB in the previous year, mainly due to increased government subsidies[31]. Inventory and Receivables - The company's inventory increased by 35.56% to 2,805,207,700.76 RMB, up from 2,069,348,187.55 RMB, primarily due to increases in software and system integration projects[29]. - The company experienced a 69.35% decrease in receivables financing, dropping to 84,054,358.81 RMB from 274,217,023.37 RMB, influenced by the maturity of accounts receivable factoring[29]. - Accounts receivable decreased to approximately CNY 1.13 billion from CNY 1.49 billion year-over-year, showing a reduction of about 24.2%[39]. Legal Matters - As of October 16, 2020, the company faced 1,509 lawsuits from investors, with total claims amounting to 247.94 million RMB due to alleged false statements[33]. Future Outlook - The company is currently undergoing a substantial merger and restructuring process involving five subsidiaries, which is expected to impact future performance positively[34]. - The company has not reported any significant changes in its net profit forecast for the upcoming reporting period, indicating stability in its financial outlook[35].