ZYD(SH:600610)2020-10-30 16:00Financial Performance - Operating revenue for the period from January to September was CNY 770,326,829.64[18] - Net profit attributable to shareholders of the listed company was CNY 8,067,806.18, a significant improvement from a loss of CNY 20,774,062.64 in the same period last year[18] - Basic earnings per share for the period was CNY 0.0075, compared to a loss of CNY 0.0194 per share in the same period last year[20] - The weighted average return on net assets was 16.60%[20] - Total operating revenue for Q3 2020 was ¥281,184,915.84, with year-to-date revenue of ¥770,326,829.64[52] - The company reported a net loss of ¥1,771,215,072.48, compared to a loss of ¥1,779,282,878.66 in the previous period[42] - The company reported a basic earnings per share of -0.0012 for Q3 2020, down from -0.0022 in the same period last year[60] - The total comprehensive income for Q3 2020 was -1,294,244.21, compared to -2,314,612.81 in the same period last year[60] - The net profit for the company was -15,332,513.35 CNY, showing a significant loss compared to previous periods[66] - The basic earnings per share (EPS) was -0.0143 CNY, and the diluted EPS was also -0.0143 CNY, indicating a decline in profitability[68] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,272,542,553.83, an increase of 1.76% compared to the end of the previous year[18] - Total liabilities reached ¥1,219,745,420.76, compared to ¥1,206,117,580.40 previously[42] - Current liabilities totaled ¥398,418,992.72, down from ¥675,089,641.76[42] - Non-current liabilities increased to ¥821,326,428.04 from ¥531,027,938.64[42] - The total current assets as of September 30, 2020, amounted to ¥347,810,124.23, up from ¥286,749,519.46[38] - The total non-current assets were ¥760,486,827.34, slightly down from ¥760,513,545.09[47] - The company’s total current liabilities were 675,089,641.76, with short-term borrowings at 134,000,000.00 and accounts payable at 124,620,972.59[79] - Total current assets amounted to RMB 45,761,465.48, with cash and cash equivalents at RMB 8,686,569.89[83] - Total non-current liabilities stood at RMB 508,583,952.07, including long-term payables of RMB 489,194,780.00[88] - Total liabilities amounted to RMB 788,349,393.09, reflecting the company's financial obligations[88] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 18.98% to CNY 52,797,133.07 compared to the end of the previous year[18] - The total number of shareholders at the end of the reporting period was 62,446[25] - The largest shareholder, Cinda Securities - Industrial Bank - Cinda Xirong No. 4 Collective Asset Management Plan, held 260,000,000 shares, accounting for 24.27% of the total shares[25] - The total equity attributable to shareholders was ¥52,797,133.07, an increase from ¥44,376,346.48[42] - Shareholders' equity totaled RMB 17,925,617.48, with paid-in capital at RMB 1,071,274,605.00[88] Cash Flow - The net cash flow from operating activities for the period was CNY -17,449,841.64, indicating a decrease of 66.75% compared to the previous year[18] - Cash flow from operating activities resulted in a net outflow of -17,449,841.64 CNY, reflecting challenges in cash generation[70] - Total cash inflow from financing activities was 550,588,530.49 CNY, primarily from loans and other financing sources[71] - The company incurred cash outflows of 279,584,502.74 CNY in investing activities, indicating ongoing investments in assets[71] - The cash and cash equivalents at the end of the period were 57,376,406.26 CNY, down from 61,480,782.87 CNY at the beginning of the period[71] - The company received 685,728,045.11 CNY in cash from sales of goods and services, showing revenue generation despite losses[70] - The company paid 33,337,627.90 CNY in taxes, reflecting its tax obligations during the period[70] - The company reported a significant increase in cash outflows for employee payments, totaling 56,937,471.11 CNY[70] Operational Insights - The company will continue to monitor the asset disposal progress of Shengyun Investment and ensure compliance with commitments to protect the interests of the company and minority shareholders[33] - The company is focusing on expanding its market presence and developing new products, although specific figures were not disclosed in the call[84] - Future outlook includes strategic initiatives aimed at enhancing operational efficiency and exploring potential mergers and acquisitions[84]