JOEONE(SH:601566)2020-10-26 16:00Financial Performance - Net profit attributable to shareholders was CNY 27,554.63 million, down 27.62% year-on-year[6]. - Operating revenue for the period was CNY 176,060.99 million, representing a decline of 13.04% compared to the same period last year[6]. - The company reported a significant decrease in net profit excluding non-recurring items, which was CNY 6,093.72 million, down 73.61% year-on-year[6]. - Basic earnings per share were CNY 0.48, down 27.27% from CNY 0.66 in the previous year[6]. - Total revenue for Q3 2020 was CNY 172,942.14 million, a decrease of 12.38% compared to the same period last year[32]. - The company reported a net profit of CNY 189,972,436.37 for the period, down from CNY 594,544,353.26, indicating a decrease of approximately 68%[46]. - Net profit for Q3 2020 was a loss of CNY 55.64 million, compared to a profit of CNY 78.28 million in Q3 2019, representing a decline of 171.1%[54]. - Total profit for the first three quarters of 2020 was a loss of CNY 44.95 million, down from a profit of CNY 300.91 million in the same period of 2019[54]. Cash Flow - The net cash flow from operating activities increased by 57.67% to CNY 13,227.54 million compared to the same period last year[6]. - Net cash flow from operating activities for the first three quarters of 2020 was CNY 2.06 billion, down 9.1% from CNY 2.27 billion in the same period of 2019[56]. - The net cash flow from operating activities for the first nine months of 2020 was ¥21,328,395.25, a significant decline of 96.1% compared to ¥552,415,094.74 in the first nine months of 2019[58]. - The net cash flow from investment activities was ¥215,476,706.13, a decrease of 41.7% compared to ¥369,401,459.27 in Q3 2019[57]. - Cash inflow from financing activities totaled ¥341,603,334.71, an increase of 51.5% from ¥225,653,185.71 in Q3 2019[57]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 572,961.30 million, a decrease of 1.34% compared to the end of the previous year[6]. - Total liabilities amounted to CNY 1,501,803,675.91, an increase from CNY 1,333,388,620.72 in the previous year, reflecting a growth of approximately 12.6%[46]. - The company's total equity decreased to CNY 3,627,118,618.09 from CNY 4,031,690,534.98, representing a drop of approximately 10%[46]. - The total amount of bank wealth management products from self-owned funds is ¥67,842.37 million, with an unexpired balance of ¥7,376.04 million[23]. - Current liabilities reached CNY 1,499,512,435.74, while total liabilities were CNY 1,534,526,980.06[62]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,219[9]. - The largest shareholder, Jomoo International Investment Holdings Co., Ltd., held 53.73% of the shares[9]. Investments - The company established an internet fashion industry fund with a total scale of 1 billion yuan, with a commitment of 990 million yuan from its subsidiary[18]. - The company made investments totaling 30 million yuan in various private equity funds during the reporting period[22]. Operational Metrics - The number of stores as of September 30, 2020, was 2,745, with a net decrease of 180 stores during the year[30]. - Online sales revenue reached CNY 25,953.71 million, accounting for 15.01% of total revenue, with a gross margin of 59.68%[36]. - The East China region generated CNY 87,207.07 million in revenue, representing 50.42% of total revenue, but saw a decline of 8.48% year-on-year[37]. Financial Ratios - The weighted average return on equity decreased by 2.14 percentage points to 6.52%[6]. - Gross profit margin for the company was 60.40%, an increase of 2.55 percentage points year-on-year[32].