2020-10-29 16:00Financial Performance - Net profit attributable to shareholders increased by 12.40% to CNY 966,338,485.07 year-to-date[5] - Operating revenue decreased by 6.57% to CNY 4,695,500,088.38 year-to-date[5] - Cash flow from operating activities decreased by 1.58% to CNY 2,194,370,294.88 year-to-date[5] - Total operating revenue for Q3 2020 was ¥1,700,098,009.26, a 4.0% increase from ¥1,634,844,670.90 in Q3 2019[18] - Net profit for Q3 2020 reached ¥376,491,644.84, compared to ¥283,793,959.65 in Q3 2019, representing a 32.6% increase[20] - The total profit for Q3 2020 was ¥482,598,424.48, compared to ¥404,391,686.14 in Q3 2019, reflecting a 19.4% increase[20] - Q3 2020 net profit reached CNY 353,197,080.73, up 5.2% from CNY 335,441,938.78 in Q3 2019[24] Assets and Liabilities - Total assets increased by 2.38% to CNY 26,085,486,074.88 compared to the end of the previous year[5] - Total assets as of September 30, 2020, reached RMB 26,085,486,074.88, compared to RMB 25,479,855,440.54 at the end of 2019[14] - Total current liabilities increased to ¥3,062,963,054.66 from ¥2,937,288,560.97, reflecting a growth of approximately 4.3% year-over-year[15] - Long-term borrowings rose slightly to ¥5,952,037,997.98 compared to ¥5,883,682,492.98, indicating a 1.2% increase[15] - The total liabilities increased slightly to ¥2,319,600,677.31 from ¥2,331,273,453.52, a decrease of about 0.5%[17] Cash Flow - Net cash flow from investing activities was RMB -1,123,831,708.74, a decline of 316% year-on-year, primarily due to increased term deposits[10] - Net cash flow from financing activities was RMB -698,285,408.99, an increase of 36% year-on-year, influenced by higher net loan inflows and increased dividend distributions[10] - The net cash flow from operating activities for the first three quarters of 2020 was ¥1,276,852,992.66, a decrease from ¥1,487,715,272.82 in the same period of 2019, reflecting a decline of approximately 14.1%[28] - The net cash flow from investment activities was -¥511,086,427.34, a significant decline from a positive net cash flow of ¥38,543,129.21 in the same period of 2019[28] - The total cash and cash equivalents at the end of the period amounted to ¥1,609,199,507.96, down from ¥2,196,441,926.93 at the end of the same period in 2019[29] Shareholder Information - The number of shareholders reached 74,945 by the end of the reporting period[7] - Total equity attributable to shareholders rose to ¥15,363,268,003.08 from ¥14,759,562,775.74, reflecting a growth of approximately 4.1%[17] Expenses and Income - Management expenses decreased by 42% to RMB 456,749,191.81 year-on-year, mainly due to one-time provisions in the previous period[10] - Other income increased by 41% to RMB 41,584,621.41, attributed to higher VAT deductions and government subsidies[10] - Research and development expenses for Q3 2020 were ¥2,794,790.95, slightly up from ¥2,003,776.80 in Q3 2019[19] - Management expenses for Q3 2020 were ¥151,311,534.68, down from ¥178,565,689.56 in Q3 2019, showing a reduction of 15.3%[19] - Tax expenses for Q3 2020 were ¥106,106,779.64, down from ¥120,597,726.49 in Q3 2019, a decrease of 12.0%[20] Comprehensive Income - Other comprehensive income rose by 73% to RMB 313,039,373.59, driven by fair value increases in equity investments[10] - Other comprehensive income after tax for Q3 2020 was ¥94,246,997.80, significantly higher than ¥2,065,677.86 in Q3 2019[21] - Other comprehensive income after tax for Q3 2020 was CNY 96,011,724.82, significantly higher than CNY 925,796.27 in Q3 2019[24] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[25]