SHSTC(SH:600620)2020-10-28 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 106,760,876.95, an increase of 29.20% year-on-year[17] - Operating revenue for the period was CNY 31,260,477.08, down 12.82% from the same period last year[17] - The net profit after deducting non-recurring gains and losses was CNY 103,793,239.76, up 37.60% year-on-year[17] - Basic earnings per share rose to CNY 0.1555, reflecting a growth of 29.26%[19] - The company's operating revenue for Q3 2020 was CNY 2,035,882.99, an increase from CNY 1,649,715.86 in Q3 2019, representing a growth of approximately 23.4%[49] - The net profit for Q3 2020 was CNY 1,358,742.89, compared to a net loss of CNY 308,957.84 in Q3 2019, indicating a significant turnaround[50] - The total comprehensive income for Q3 2020 was CNY 124,525,854.03, up from CNY 47,705,339.72 in Q3 2019, reflecting a year-over-year increase of approximately 161.5%[50] - The company's total profit for Q3 2020 was CNY 2,095,314.72, compared to a loss of CNY 411,943.77 in Q3 2019, indicating a strong recovery in profitability[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,084,982,108.42, a decrease of 2.42% compared to the end of the previous year[17] - The total assets of the company as of September 30, 2020, were approximately ¥3,085.0 million, down from ¥3,161.6 million, a decrease of 2.4%[34] - Total liabilities decreased to approximately ¥502.2 million from ¥542.6 million, a reduction of 7.4%[35] - The equity attributable to shareholders decreased to approximately ¥2,489.4 million from ¥2,524.3 million, a decline of 1.4%[35] - The company's total liabilities decreased to ¥790,849,546.51 from ¥816,543,089.61 year-over-year[40] - Total liabilities reached CNY 542,613,291.66, with current liabilities at CNY 57,482,271.23 and non-current liabilities at CNY 485,131,020.43[61] - The total amount of accounts payable was CNY 5,436,039.90, with other payables at CNY 330,652,550.84[64] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 5,860,800.78, an improvement from a net outflow of CNY 8,601,026.07 in the previous year[17] - The net cash flow from operating activities was -CNY 5,860,800.78, an improvement from -CNY 8,601,026.07 year-over-year[51] - The cash balance at the end of the period was CNY 264,732,064.57, down from CNY 348,700,129.84 at the end of the same period last year[52] - The company experienced a net cash decrease of CNY 74,901,682.60 during the period, compared to an increase of CNY 114,696,634.67 in the same period last year[52] Shareholder Information - The total number of shareholders at the end of the reporting period was recorded, along with the holdings of the top ten shareholders[22] - The total number of shareholders is 20,010, with the largest shareholder, Shanghai Zhongsheng Hongqiao Enterprise Management Co., holding 172,225,164 shares, accounting for 25.08%[24] Government Support - Government subsidies recognized in the current period amounted to CNY 768,724.30, including CNY 613,524.30 for fiscal support and CNY 321,292.50 for employment stabilization[21] Other Financial Metrics - The weighted average return on net assets increased by 0.84 percentage points to 4.26%[19] - The company's trading financial assets increased to 252,771,206.75 RMB, a significant rise of 365.45% compared to the previous year[27] - Other current assets decreased to 1,473,650.07 RMB, reflecting a decline of 95.91% year-on-year[27] - The financial expenses were reported at -4,435,348.11 RMB, a reduction of 287.72% from the previous year[29] - The company reported a decrease in income tax expenses to 886,135.38 RMB, down 87.11% year-on-year[29] - The company recorded an investment income of ¥459,417.39 in Q3 2020, compared to ¥236,353.22 in Q3 2019[44] - The company has not disclosed any significant changes in its commitments or major events during the reporting period[30] - The company anticipates potential losses or significant changes in net profit compared to the previous year, but no specific warnings were issued[30]