CSPM(601858)2020-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was RMB 25,131.43 million, representing an increase of 11.01% year-on-year[5]. - Operating revenue for the first nine months was RMB 163,354.05 million, a slight increase of 0.35% compared to the same period last year[5]. - Basic earnings per share increased to RMB 0.32, up 10.34% from RMB 0.29 in the same period last year[5]. - The company reported a non-recurring profit of RMB 5,740,482.78 for the current period[7]. - The company reported a significant decrease in investment income, down 78.67% to RMB 198.69, primarily due to reduced returns from financial products[13]. - Total operating revenue for Q3 2020 reached ¥654,202,994.76, an increase of 10.5% compared to ¥591,853,077.38 in Q3 2019[23]. - Net profit for Q3 2020 was ¥118,071,177.59, compared to ¥84,129,106.97 in Q3 2019, representing a growth of 40.3%[24]. - Total operating revenue for Q3 2020 was CNY 243,442,912.36, an increase from CNY 204,425,217.82 in Q3 2019, representing a growth of approximately 19.1%[27]. - Net profit for Q3 2020 reached CNY 85,866,720.69, compared to CNY 74,140,785.10 in Q3 2019, reflecting an increase of about 15.9%[28]. Cash Flow - The net cash flow from operating activities for the first nine months was RMB -57,763.65 million, showing significant improvement from RMB -148,105.95 million in the previous year[5]. - The company's cash flow from operating activities showed a net outflow of RMB -57,763.65, an improvement from RMB -148,105.95 in the previous year[13]. - Cash flow from operating activities for the first nine months of 2020 was CNY 1,696,688,251.76, compared to CNY 1,477,852,973.38 in the same period of 2019, showing an increase of about 14.8%[30]. - The net cash flow from operating activities was -577,636,479.45 RMB, an improvement from -1,481,059,452.95 RMB in the previous quarter, indicating a 61% reduction in cash outflow[31]. - The cash inflow from operating activities was 700,314,421.23 RMB, slightly down from 738,186,686.92 RMB in the previous year, indicating a decline of 5.5%[33]. - The cash outflow for payments related to operating activities was 1,140,996,318.43 RMB, a significant decrease from 2,029,409,952.26 RMB, reflecting a 43.9% reduction[33]. Assets and Liabilities - Total assets at the end of the reporting period reached RMB 565,502.24 million, an increase of 0.71% compared to the end of the previous year[5]. - The total number of shareholders at the end of the reporting period was 22,606[8]. - The largest shareholder, China Science Publishing Group Co., Ltd., held 582,255,000 shares, accounting for 73.66% of the total shares[8]. - The company's financial assets increased to RMB 24,250,000, reflecting a significant investment in bank wealth management products[10]. - Accounts receivable rose to RMB 161,281,410.19, a 56.47% increase compared to the previous year, attributed to seasonal fluctuations in sales and collections[10]. - Other receivables increased by 58.31% to RMB 70,369,778.42, mainly due to an increase in accrued interest[16]. - Other current assets surged by 605.43% to RMB 756,346,884.36, primarily due to an increase in structured deposits[10]. - Total liabilities decreased by 60.69% in tax payable, reflecting timely payments of last year's VAT and corporate income tax[12]. - The company’s long-term prepaid expenses decreased by 32.39% to RMB 24.72, attributed to the amortization of renovation costs[10]. - Total liabilities reached approximately $1.63 billion, with current liabilities totaling about $1.46 billion and non-current liabilities at approximately $177.59 million[37]. - The company reported contract liabilities of approximately $586.57 million, reflecting an adjustment from previously reported advance receipts of $616.00 million[38]. Shareholder Equity - Shareholders' equity increased to ¥4,083,033,389.30 from ¥3,981,716,583.60, reflecting a growth of approximately 2.6%[19]. - The company’s total equity includes retained earnings of approximately $2.11 billion, showcasing profitability and reinvestment strategy[37]. - The total owner's equity, including all components, is approximately $3.49 billion, reflecting strong shareholder value[41]. Investment and Development - The company plans to continue expanding its investment in infrastructure projects, with construction in progress increasing by 39.39% to RMB 4,154.66[10]. - The company holds long-term equity investments valued at approximately $268.00 million[39]. - The company has intangible assets valued at approximately $95.49 million, indicating ongoing investment in intellectual property[36]. - Research and development expenses for Q3 2020 were ¥927,608.89, a decrease of 15.6% from ¥1,099,094.53 in Q3 2019[23]. - The company has not reported any new product developments or market expansions in this quarter[42].