BURTC(SH:600861)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders was CNY -105,562,465.30, representing a decline of 1,107.62% year-on-year[17] - Operating revenue for the first nine months was CNY 506,074,615.96, down 66.29% from CNY 1,501,228,387.22 in the same period last year[17] - Basic earnings per share were CNY -0.3332, a decrease of 1,106.65% from CNY 0.0331 in the same period last year[17] - Total profit for the period was RMB -112,344,217.34, a decrease of 518.28% compared to the same period last year, primarily due to the impact of COVID-19 on business operations[19] - The company reported a significant decline in prepayments, with a balance of RMB 14,862,224.83, down 40.64% from the previous year, primarily due to reduced prepayments by subsidiaries[37] - The company anticipates a cumulative net profit loss for the year, significantly impacted by the decline in sales and customer traffic due to COVID-19[48] Revenue and Costs - The company's operating revenue for the current period is RMB 506,074,615.96, a decrease of 66.29% compared to the same period last year, primarily due to the implementation of the new revenue standard and the impact of the COVID-19 pandemic on customer traffic and sales[40] - The operating cost for the current period is RMB 248,354,344.09, a decrease of 76.28% compared to the same period last year, influenced by the new revenue standard and the decline in revenue due to the pandemic[40] - Total operating costs amounted to approximately 1.48 billion, with operating costs at around 1.05 billion[71] Cash Flow - The net cash flow from operating activities increased significantly to CNY 28,939,772.75, a rise of 773.30% compared to CNY 3,313,844.68 in the previous year[17] - Operating cash flow for the period was RMB 28,939,772.75, an increase of 773.30% compared to the same period last year, mainly due to tax payments from the previous period[24] - Cash inflow from operating activities for the first three quarters of 2020 was ¥1,022,214,366.46, down from ¥1,645,721,371.32 in the same period of 2019[84] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,254,563,098.57, a decrease of 7.04% compared to the end of the previous year[17] - The total liabilities as of September 30, 2020, were RMB 878,661,605.64, a slight decrease from RMB 906,558,924.21 at the end of the previous year[56] - The total assets as of September 30, 2020, were RMB 3,254,563,098.57, a decrease from RMB 3,501,003,109.08 at the end of the previous year[56] - Shareholders' equity decreased from CNY 2,230,415,185.81 at the end of 2019 to CNY 2,176,343,581.43 by September 30, 2020, representing a decline of approximately 2.4%[65] Government Support - The company received government subsidies totaling CNY 6,257,317.72 for the year-to-date, including various support measures related to the pandemic[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,970, with the largest shareholder holding 34.23% of the shares[24] Other Income and Expenses - Other income for the current period is RMB 6,278,404.03, an increase of 85.32% compared to the same period last year, mainly due to rental subsidies received during the pandemic[41] - The company reported a loss from non-operating income of CNY 3,964,331.89 for the first nine months[21] - Other expenses for the period were RMB 313,174.15, a decrease of 71.97% compared to the same period last year, due to fines and penalties paid by a subsidiary in the previous year[18]