Yueda Inv.(SH:600805)2020-10-23 16:00Financial Performance - Operating revenue for the first nine months increased by 2.00% to CNY 1,953,531,162.61 compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 384,028,635.09, compared to a profit of CNY 93,090,607.36 in the same period last year[6]. - Basic and diluted earnings per share were both CNY -0.45, compared to CNY 0.11 in the same period last year[6]. - The weighted average return on net assets decreased by 7.91 percentage points to -6.38%[6]. - Total operating revenue for Q3 2020 was ¥928,357,262.09, an increase of 50.7% compared to ¥615,817,359.36 in Q3 2019[25]. - Net profit for Q3 2020 was a loss of ¥59,562,461.20, compared to a loss of ¥128,049,558.60 in Q3 2019[26]. - The company reported a total profit loss of ¥35,331,666.63 for Q3 2020, compared to a loss of ¥114,152,993.93 in Q3 2019[26]. - The total comprehensive income for the third quarter of 2020 was -59,562,461.20 CNY, compared to -128,049,558.60 CNY in the same period of 2019[28]. Assets and Liabilities - Total assets increased by 3.23% to CNY 10,942,915,379.93 compared to the end of the previous year[6]. - Total liabilities increased to ¥4,583,233,993.23, up from ¥3,782,142,457.72, representing a growth of approximately 21.2% year-over-year[20]. - Total equity decreased to ¥6,359,681,386.70 from ¥6,818,141,195.76, reflecting a decline of about 6.7%[20]. - Current assets rose to ¥2,509,579,774.31, compared to ¥2,252,352,952.18, indicating an increase of approximately 11.4%[22]. - Non-current assets totaled ¥8,602,035,008.20, down from ¥8,720,388,994.84, showing a decrease of about 1.4%[22]. - The company’s retained earnings decreased to ¥5,669,016,717.52 from ¥5,875,236,199.38, a decline of approximately 3.5%[23]. Cash Flow - Cash flow from operating activities for the first nine months was a net outflow of CNY 104,156,211.74, compared to a net outflow of CNY 106,571,187.10 in the same period last year[6]. - The company reported a net cash flow from financing activities of CNY 509,875,787.79, a significant improvement compared to a negative cash flow of CNY -555,443,256.38 in the previous year[15]. - The net cash flow from investing activities for the first three quarters of 2020 was significantly lower at 230,180,000.00 CNY compared to 947,159,022.46 CNY in the same period of 2019[34]. - The net cash flow from operating activities in Q3 2020 was 41,751,185.52 CNY, recovering from a loss of -76,176,928.48 CNY in Q3 2019[38]. - The total cash and cash equivalents at the end of Q3 2020 reached 1,176,431,134.48 CNY, up from 973,150,114.55 CNY at the end of Q3 2019[35]. Shareholder Information - The total number of shareholders at the end of the reporting period was 44,288[10]. - The largest shareholder, Jiangsu Yueda Group Co., Ltd., held 32.00% of the shares, with 136,120,000 shares pledged[11]. Investment and Expenses - Investment income for the year-to-date period showed a loss of CNY 294,608,837.13 compared to a profit of CNY 420,071,811.06 in the previous year, largely due to the pandemic's impact on affiliated companies[15]. - Research and development expenses for Q3 2020 were ¥12,633,849.17, an increase of 54.7% from ¥8,168,421.65 in Q3 2019[25]. - The company incurred financial expenses of 27,694,070.02 CNY in the third quarter of 2020, compared to 31,464,133.49 CNY in the same quarter of 2019[30].