ZJJF(SH:600668)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 16.00% to CNY 51,623.07 million for the year-to-date period[6] - Operating revenue declined by 12.75% to CNY 224,065.44 million for the year-to-date period[6] - Basic and diluted earnings per share decreased by 16.00% to CNY 1.5003[7] - The weighted average return on equity decreased by 5.09 percentage points to 12.86%[7] - The company reported a non-operating income of CNY 450.65 million for the year-to-date period[8] - Total operating revenue for Q3 2020 was ¥800,226,306.17, a decrease of 9.3% compared to ¥882,114,992.24 in Q3 2019[25] - Net profit attributable to shareholders for the first three quarters of 2020 was ¥1,466,263,881.15, an increase of 27.4% from ¥1,152,229,187.97 in the same period of 2019[23] - The net profit for Q3 2020 reached CNY 166,690,534.16, compared to CNY 127,421,055.34 in Q3 2019, indicating a year-over-year increase of about 30.8%[31] - The total profit for Q3 2020 was CNY 171,082,307.16, up from CNY 127,421,055.34 in the same period last year, reflecting a growth of approximately 34.2%[31] - The company reported a total comprehensive income of CNY 215,892,281.86 for Q3 2020, compared to CNY 135,112,903.80 in Q3 2019, which is an increase of about 60%[27] Assets and Liabilities - Total assets increased by 11.58% to CNY 610,942.80 million compared to the end of the previous year[6] - Total assets as of September 30, 2020, reached ¥4,384,011,631.61, up from ¥3,612,162,653.73 at the end of 2019[22] - Total liabilities as of September 30, 2020, amounted to ¥1,695,043,947.93, an increase of 30.1% from ¥1,303,773,921.32 at the end of 2019[23] - The company's equity attributable to shareholders increased to ¥2,688,967,683.68 as of September 30, 2020, from ¥2,308,388,732.41 at the end of 2019, representing a growth of 16.5%[23] - Total current liabilities were CNY 1,027,414,285.35, while total non-current liabilities stood at CNY 367,464,537.21, resulting in total liabilities of CNY 1,394,878,822.56[41] - The company's equity totaled CNY 4,080,299,044.63, with CNY 2,622,568,369.60 in undistributed profits[41] Cash Flow - Net cash flow from operating activities decreased by 31.38% to CNY 24,611.67 million compared to the same period last year[6] - Cash inflow from operating activities totaled CNY 2,407,272,112.62 for the first three quarters of 2020, compared to CNY 2,692,509,213.53 in 2019, reflecting a decrease of about 10.6%[33] - Cash outflow from operating activities was CNY 2,161,155,440.25 in 2020, down from CNY 2,333,859,665.24 in 2019, showing a reduction of approximately 7.4%[34] - Net cash flow from investing activities was negative CNY 301,521,796.33 for the first three quarters of 2020, worsening from negative CNY 239,532,042.22 in 2019[34] - Cash inflow from investing activities reached CNY 1,036,180,249.23 in 2020, compared to CNY 1,000,946,961.01 in 2019, marking an increase of about 3.5%[34] - Cash flow from financing activities generated a net inflow of CNY 64,104,509.89 in 2020, a turnaround from a net outflow of CNY 19,433,179.12 in 2019[35] Shareholder Information - The total number of shareholders reached 37,917 at the end of the reporting period[10] - The largest shareholder, Jinhua Tongji State-owned Assets Investment Co., Ltd., holds 16.15% of the shares[10] Investments and Development - The company has ongoing investments in fixed assets totaling CNY 1,295,481,816.52, supporting future growth initiatives[40] - Research and development expenses rose by 32.35% to CNY 5,205.39 million due to new drug development costs[13] - The company plans to continue investing in the construction of a new cement production line with a daily capacity of 4,500 tons[14] - The company received government subsidies amounting to CNY 1,328.87 million, a 127.62% increase year-on-year[13] Other Financial Metrics - Short-term borrowings surged by 177.37% to CNY 43,105.43 million as a result of increased bank loans[12] - Investment income increased by 32.60% to CNY 19,035.45 million, driven by equity transfer gains and increased net profits from joint ventures[13] - The company incurred financial expenses of CNY -11,522,551.05 in Q3 2020, compared to CNY -5,237,296.39 in Q3 2019, indicating an increase in financial costs[31] - The company reported a tax expense of CNY 4,391,773.00 for Q3 2020, with no tax expense reported in Q3 2019[31]