晋亿实业(601002) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 25.29% to CNY 1,759,913,960.45 compared to the same period last year[11] - Net profit attributable to shareholders decreased by 15.44% to CNY 106,895,487.92 compared to the same period last year[7] - Basic earnings per share decreased by 23.90% to CNY 0.121 compared to the same period last year[8] - The company reported a significant increase in tax payable by 40.48% to RMB 37,251,022.85, which is 0.77% of total liabilities[14] - The company reported a total profit of CNY 103,281,242.56 in Q3 2020, compared to CNY 63,904,659.08 in Q3 2019, representing an increase of approximately 61.8%[40] - The net profit for Q3 2020 reached CNY 85,226,911.01, compared to CNY 47,711,904.37 in Q3 2019, indicating a significant increase of approximately 78.8%[40] Assets and Liabilities - Total assets increased by 14.76% to CNY 4,859,112,149.28 compared to the end of the previous year[7] - Total liabilities decreased to ¥1,061,999,024.61 in Q3 2020 from ¥1,196,886,966.21 in Q3 2019, a reduction of approximately 11.3%[31] - Cash and cash equivalents decreased by 91.67% to RMB 23,072,907.24, accounting for 0.47% of total assets[14] - Trading financial assets increased by 100% to RMB 530,520,000.00, representing 10.92% of total assets[14] - Accounts receivable rose by 4.80% to RMB 723,693,305.20, making up 14.89% of total assets[14] - Total liabilities reached ¥1,275,019,684.68, with current liabilities at ¥672,127,561.12 and non-current liabilities at ¥602,892,123.56[50] Cash Flow - Cash flow from operating activities decreased by 43.10% to CNY 174,821,678.64 compared to the same period last year[7] - Cash flow from operating activities for the first three quarters of 2020 was CNY 1,933,333,075.17, down from CNY 2,661,331,526.22 in the same period of 2019, a decrease of about 27.4%[42] - The net cash flow from investment activities was -CNY 476,555,207.24, compared to -CNY 44,802,461.24 in Q3 2019, indicating increased investment outflows[43] - The net cash flow from financing activities was CNY 159,877,506.37, a turnaround from -CNY 213,529,309.26 in Q3 2019[44] Equity and Shareholder Information - Net assets attributable to shareholders increased by 31.48% to CNY 3,570,933,593.52 compared to the end of the previous year[7] - The company reported a total equity of ¥3,659,650,873.03 in Q3 2020, up from ¥2,734,907,570.81 in Q3 2019, reflecting a growth of approximately 33.8%[31] - Shareholders' equity totaled ¥2,959,201,498.66, with paid-in capital at ¥792,690,000.00 and capital reserve at ¥1,100,503,173.98[50] Operational Efficiency and Cost Management - The company has indicated a focus on improving operational efficiency and cost management strategies moving forward[36] - The company reported a decrease in sales expenses by 38.52% to CNY 81,588,639.26 compared to the same period last year[11] - The company experienced a decrease in sales expenses, which were CNY 26,632,182.46 in Q3 2020, down from CNY 27,787,902.55 in Q3 2019, a reduction of about 4.1%[39] Research and Development - Research and development expenses for Q3 2020 were ¥40,876,866.05, compared to ¥36,591,623.67 in Q3 2019, showing an increase of about 11.0%[35] - Research and development expenses for Q3 2020 amounted to CNY 37,975,544.39, up from CNY 32,962,042.89 in Q3 2019, marking an increase of about 15.5%[39] Market Presence and Future Growth - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36]