江苏有线(600959) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥5,335,213,598.52, a decrease of 2.31% compared to the same period last year[19]. - Net profit attributable to shareholders of the listed company decreased by 23.23% to ¥318,216,195.29[19]. - Basic earnings per share (diluted) decreased by 25% to ¥0.06[21]. - Operating profit decreased by 35.72% to CNY 224,339,717.39, primarily due to a decline in operating revenue[32]. - Total revenue for Q3 2020 was approximately ¥708.84 million, a decrease of 1.06% compared to ¥719.61 million in Q3 2019[66]. - Net profit for Q3 2020 reached approximately ¥178.39 million, up 27.14% from ¥140.35 million in Q3 2019[66]. - The company reported a total profit of approximately ¥178.47 million for Q3 2020, compared to ¥140.42 million in Q3 2019, marking a 27.1% increase[66]. - The company’s operating profit for Q3 2020 was approximately ¥73.21 million, compared to ¥45.78 million in Q3 2019, an increase of 60%[70]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥33,109,993,523.61, an increase of 1.62% compared to the end of the previous year[19]. - Total liabilities amounted to ¥10,581,592,646.27, an increase of 3.2% from ¥10,249,213,275.59[47]. - Current assets totaled ¥8,028,552,893.59, an increase of 1.5% from ¥7,913,069,834.66[44]. - Total current assets were reported at $7.91 billion, with inventory valued at $849.97 million[86]. - The total amount of accounts receivable increased to ¥802,389,956.99, up from ¥757,172,489.34, which is a rise of 5.9%[44]. - The total amount of other current assets was ¥2,771,783,474.27, slightly up from ¥2,744,861,069.84, indicating a growth of 1.0%[44]. - Total non-current assets reached RMB 24,265,863,437.38, including fixed assets of RMB 9,044,515,818.68[96]. Shareholder Information - Net assets attributable to shareholders of the listed company were ¥21,784,366,520.87, reflecting a 0.79% increase year-on-year[19]. - The total number of shareholders at the end of the reporting period was 119,576[27]. - The largest shareholder, Jiangsu Guojin Group, held 47.52% of the shares, totaling 2,376,514,129 shares[27]. - The company’s total circulating shares held by Jiangsu Guojin Group reached 2,376,514,129, accounting for 47.52% of the total share capital after the transfer of state-owned equity[34]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥1,443,652,373.34, an increase of 5.70% year-on-year[19]. - The cash inflow from financing activities in the first three quarters of 2020 was approximately ¥631 million, an increase from ¥413.6 million in the same period of 2019[80]. - The cash and cash equivalents at the end of the third quarter of 2020 were approximately ¥2.88 billion, down from ¥5.15 billion at the end of the same period in 2019[80]. - The total cash inflow from operating activities in the first three quarters of 2020 was approximately ¥30.65 billion, a significant increase from ¥2.51 billion in the same period of 2019[82]. - The net cash flow from investment activities was approximately -¥1.93 billion in the first three quarters of 2020, compared to -¥1.18 billion in the same period of 2019[78]. Investments and Expenses - Long-term equity investments surged by 101.78% to CNY 681,984,345.47, attributed to new investments[30]. - The company reported a significant increase in prepayments, rising by 30.01% to CNY 272,990,724.09 due to increased purchase payments[30]. - Research and development expenses for Q3 2020 were CNY 3,567,975.39, compared to CNY 3,696,833.25 in Q3 2019, indicating a decrease of approximately 3.5%[61]. - The company reported a 358.66% increase in interest expenses, amounting to CNY 28,019,324.54, due to the capitalization of interest expenses[32]. - The company’s dividend payable increased by 102.56% to CNY 64,991,924.55, reflecting the distribution of dividends by the parent company[30]. Future Outlook - Future outlook includes continued focus on cost management and potential market expansion strategies, although specific figures were not provided in the current report[66].