Luxin Co.,(SH:600783)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥454,433,975.33, representing a significant increase of 555.95% year-on-year[18]. - Operating revenue for the period was ¥75,879,661.78, a decrease of 51.54% compared to the same period last year[18]. - Investment income surged to ¥861,457,743.04, up 315.89% from the previous year[18]. - Basic earnings per share rose to ¥0.61, reflecting a growth of 577.78% year-on-year[21]. - The company reported a significant increase in tax payable by 202.70% to ¥46,984,547.53, primarily due to an increase in income tax payable at the end of the period[30]. - The company reported a net profit margin of approximately 1.8% for the first three quarters of 2020, compared to 2.8% in the same period of 2019[57]. - The net profit attributable to shareholders of the parent company for Q3 2020 was approximately ¥420.50 million, compared to ¥69.28 million in Q3 2019, reflecting a significant increase[66]. - The total comprehensive income for Q3 2020 was approximately ¥398.42 million, compared to ¥90.84 million in Q3 2019, indicating strong performance[64]. - The total profit for Q3 2020 was approximately ¥560.17 million, compared to ¥82.66 million in Q3 2019, demonstrating a strong recovery[67]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,411,119,863.16, an increase of 11.99% compared to the end of the previous year[18]. - The company's total liabilities rose to CNY 2,467,970,217.66 from CNY 1,995,641,504.36, reflecting an increase of approximately 23.6%[48]. - The non-current liabilities increased to CNY 2,262,769,120.96 from CNY 1,722,562,925.21, which is an increase of about 31.4%[48]. - The company's equity attributable to shareholders increased to CNY 3,860,723,865.84 from CNY 3,644,078,736.55, showing a growth of approximately 5.9%[48]. - The company's accounts receivable decreased to CNY 22,007,127.56 from CNY 34,354,805.42, a decline of about 36.0%[42]. - The company's inventory decreased to CNY 37,229,564.82 from CNY 71,422,121.83, representing a decrease of approximately 47.9%[42]. - The total assets amounted to $5,724,715,970.98, remaining stable compared to the previous year[85]. - Total liabilities amounted to CNY 1,995,641,504.36, with non-current liabilities at CNY 1,722,562,925.21[89]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥54,049,081.68, an improvement from -¥115,316,521.77 in the same period last year[18]. - Net cash flow from investing activities decreased by 113.34% to a net outflow of ¥24,161,215.15, mainly due to reduced cash inflows from bank wealth management and increased cash outflows for investments[35]. - Net cash flow from financing activities decreased by 42.77% to ¥195,718,073.90, primarily due to reduced borrowings and increased dividend payments[35]. - Cash flow from operating activities was -54,049,081.68 RMB, compared to -115,316,521.77 RMB in the same period last year, showing an improvement[72]. - The net cash flow from financing activities was -$25,321,792.86, a significant decline from $200,716,618.75 in the same period last year[80]. - The total cash and cash equivalents at the end of the period were $199,219,444.26, down from $326,109,369.49 year-over-year, reflecting a decrease of 39.0%[82]. Shareholder Information - The total number of shareholders at the end of the reporting period was 37,903, with the largest shareholder holding 69.57% of the shares[22]. - The company reported a fair value change loss of ¥188,348,883.42 for the period[18]. - The company reported a significant increase in other receivables, which rose to CNY 39,099,753.22 from CNY 21,016,939.45, an increase of approximately 85.9%[42]. Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[57].