2020-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 3.92% to CNY 459.16 million year-on-year[5] - Basic earnings per share decreased by 8.00% to CNY 0.23[6] - The company reported a significant increase in the margin of other liabilities, which rose to ¥894,713,587.36 from ¥26,497,274.65, a staggering increase of 3,276.62%[11] - The company reported a net profit margin improvement, with undistributed profits increasing to ¥2.48 billion from ¥2.02 billion, a growth of 22.8%[16] - Net profit for Q3 2020 was CNY 137.91 million, a 13% increase from CNY 121.55 million in Q3 2019[21] - The company reported a total profit of CNY 194.84 million in Q3 2020, compared to CNY 164.54 million in Q3 2019, reflecting an increase of 18%[21] Revenue and Income - Operating income rose by 13.01% to CNY 1.37 billion for the first nine months of the year[5] - The net income from fees and commissions rose by 41.62% to ¥653,727,651.75, up from ¥461,604,510.30[11] - Investment income surged by 111.09% to ¥429,683,787.63, compared to ¥203,551,717.08 in the same period last year[11] - Total operating revenue for Q3 2020 was CNY 542.92 million, a 52% increase from CNY 356.68 million in Q3 2019[20] - Net commission and fee income rose significantly to CNY 271.84 million in Q3 2020, up 98% from CNY 137.32 million in Q3 2019[20] - Investment income surged to CNY 186.33 million in Q3 2020, compared to CNY 71.25 million in Q3 2019, marking a 162% increase[20] Assets and Liabilities - Total assets increased by 46.07% to CNY 41.51 billion compared to the end of the previous year[5] - The company's liabilities, particularly short-term financing payables, rose by 168.89% to ¥3,519,837,260.29 from ¥1,309,032,876.82[11] - Total liabilities increased to ¥31.04 billion in Q3 2020, up from ¥20.35 billion in Q3 2019, representing a growth of 52.5%[16] - The company's equity attributable to shareholders rose to ¥10.47 billion, compared to ¥8.07 billion in the previous year, an increase of 29.7%[16] - The total amount of securities under agency trading reached ¥9.12 billion, compared to ¥8.21 billion, reflecting a growth of 11.1%[18] Cash Flow - Net cash flow from operating activities was negative at CNY -2.72 billion for the first nine months[5] - The cash flow from financing activities showed a substantial increase to ¥5,998,565,295.32, compared to a negative cash flow of ¥712,383,455.24 in the previous year[13] - The company experienced a cash outflow from operating activities amounting to ¥-2,716,265,913.56, compared to a positive cash flow of ¥4,261,928,688.76 in the previous year[13] - The company’s cash outflow from financing activities in the first nine months of 2020 was ¥7,900,267,244.68, compared to ¥2,372,383,455.24 in the same period of 2019, indicating a significant increase in cash outflows[27] - Cash flow from investment activities showed a net outflow of CNY -1,688,695,787.87, compared to CNY -196,212,715.39 in the first three quarters of 2019[28] Shareholder Information - The total number of shareholders reached 134,353, with the largest shareholder holding 22.87%[8] - The company raised ¥11,960,748,000.00 through bond issuance in 2020, compared to ¥1,660,000,000.00 in the same period of 2019, showing a substantial increase in financing activities[27] Other Notable Points - The company has not disclosed any new product developments or market expansion strategies in this report[10] - The company experienced a decrease in fair value changes, reporting CNY 1.38 million in Q3 2020 compared to CNY 8.05 million in Q3 2019[20] - The impact of exchange rate changes on cash and cash equivalents was CNY 4,755,277.38, compared to CNY 8,273,107.77 in the previous year[29]