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江苏索普(600746) - 2020 Q3 - 季度财报
SOPOSOPO(SH:600746)2020-10-27 16:00

Financial Performance - Operating income for the period from January to September reached CNY 2,520,921,895.78, an increase of 877.77% year-on-year[18] - The net profit attributable to shareholders of the listed company was CNY 53,230,905.28, a turnaround from a loss of CNY 7,030,373.17 in the same period last year[18] - The basic earnings per share for the period was CNY 0.0519, compared to a loss of CNY 0.0229 per share in the same period last year[20] - The net profit for the third quarter of 2020 was CNY 53,230,905.28, recovering from a loss of CNY 7,030,373.17 in the previous year[32] - The company's total revenue for Q3 2020 reached ¥1,019,705,779.17, a significant increase from ¥83,936,282.17 in Q3 2019, representing a growth of approximately 1,116%[50] - The gross profit for Q3 2020 was ¥169,754,402.33, compared to ¥-1,756,788.60 in Q3 2019, indicating a substantial recovery in profitability[50] - The net profit for Q3 2020 was ¥44,728,933.57, a turnaround from a net loss of ¥5,888,848.10 in Q3 2019, showcasing improved financial performance[53] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,477,697,106.45, a decrease of 2.76% compared to the end of the previous year[18] - The company's total liabilities decreased to ¥711,030,846.86 from ¥1,138,720,406.88 in the previous quarter, indicating improved financial health[47] - The total amount of other payables decreased by 81.38%, from CNY 677,546,054.65 to CNY 126,184,338.80[32] - The company’s total liabilities amounted to approximately $1.14 billion, with current liabilities at about $1.01 billion[64] - The company reported a significant decrease in contract liabilities, down by approximately $59.55 million[64] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 13.49% to CNY 2,766,666,259.59 compared to the end of the previous year[18] - The total number of shareholders at the end of the reporting period was 19,797, with the top ten shareholders holding 82.71% of the shares[26] - Jiangsu Sop Group Co., Ltd. held 82.71% of the shares, with 200,000 shares pledged[26] - The company has no preferred shareholders as of the reporting period[28] Cash Flow - Net cash flow from operating activities for the period was CNY 227,641,551.57, representing a significant increase of 159.86% compared to the same period last year[18] - Cash inflow from operating activities reached ¥2,320,636,123.69, significantly higher than ¥258,220,861.72 in the previous year[55] - Cash outflow from investment activities totaled ¥542,319,615.78, with a net cash flow of -¥324,301,518.93[58] - Cash inflow from financing activities was ¥531,500,000.00, resulting in a net cash flow of ¥73,021,749.07[58] - The ending cash and cash equivalents balance was ¥118,293,181.90, down from ¥142,650,019.73 at the beginning of the period[58] Research and Development - Research and development expenses surged to CNY 106,658,973.13, reflecting a dramatic increase of 1,232,521.36% compared to CNY 8,653.02 in the same period last year[32] - Research and development expenses in Q3 2020 amounted to ¥58,918,447.90, a sharp increase from ¥6,601.03 in Q3 2019, reflecting the company's commitment to innovation[50] Future Plans and Guidance - The company plans to issue shares privately, which has been approved by the relevant authorities, and is expected to enhance operational funds and expand business scale[38] - The company plans to expand its market presence and invest further in new technologies and product development to drive future growth[50] - The company has set a performance guidance for the next quarter, anticipating continued revenue growth and improved profitability metrics[50] Other Financial Metrics - The weighted average return on net assets increased by 3.5385 percentage points to 2.0320% compared to the same period last year[20] - The company received government subsidies amounting to CNY 1,957,908.83 during the reporting period, which are closely related to its normal business operations[20] - The company executed the new revenue recognition standards starting January 1, 2020, impacting financial reporting[67] - The company’s undistributed profits stand at approximately $49.70 million, reflecting retained earnings for future growth[64]