xilinmen(SH:603008)2020-10-19 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 180,153,256.60, down 37.33% year-on-year[18] - Operating income for the period was CNY 3,452,820,029.99, an increase of 3.02% compared to the same period last year[18] - The net profit after deducting non-recurring gains and losses was CNY 167,661,660.00, a decrease of 34.47% year-on-year[18] - Basic earnings per share were CNY 0.46, down 36.99% compared to the previous year[21] - The weighted average return on net assets decreased by 5.25 percentage points to 6.56%[21] - The total operating profit for the first three quarters of 2020 was ¥158,737,035.51, down 51.0% from ¥323,988,594.96 in the same period of 2019[68] - Total operating revenue for Q3 2020 reached ¥1,477,014,351.61, an increase of 12.8% compared to ¥1,309,641,706.17 in Q3 2019[51] - Total operating costs for Q3 2020 were ¥1,299,717,572.54, up 12.0% from ¥1,160,211,744.21 in Q3 2019[51] - Net profit for Q3 2020 was ¥150,813,515.71, representing a 5.4% increase from ¥143,040,445.63 in Q3 2019[58] Cash Flow - The net cash flow from operating activities was CNY 135,403,754.86, a decrease of 64.29% year-on-year[18] - The cash flow from operating activities for the first three quarters of 2020 was ¥3,697,468,444.67, compared to ¥3,745,875,332.04 in the same period of 2019[74] - The company achieved a net cash flow from operating activities of ¥135,403,754.86 in Q3 2020, down from ¥379,182,742.76 in Q3 2019[74] - Total cash inflow from operating activities amounted to CNY 4,204,447,412.53, compared to CNY 4,000,702,829.01 in the previous year, indicating a year-over-year increase of about 5.1%[78] - Cash outflow from operating activities totaled CNY 3,777,195,762.42, up from CNY 3,617,825,440.69 in 2019, reflecting an increase of approximately 4.4%[78] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,602,831,234.57, a decrease of 0.82% compared to the end of the previous year[18] - Total liabilities decreased from CNY 3,781,340,878.98 to CNY 3,585,273,029.37, a reduction of approximately 5.2%[43] - Current liabilities totaled CNY 3,283,614,333.21, down from CNY 3,534,065,094.85, reflecting a decrease of about 7.1%[43] - Non-current liabilities increased from CNY 247,275,784.13 to CNY 301,658,696.16, representing an increase of approximately 21.9%[43] - Total equity rose from CNY 2,876,208,205.74 to CNY 3,017,558,205.20, an increase of about 4.9%[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,655[22] - The largest shareholder, Shaoxing Huayi Investment Co., Ltd., held 21.89% of the shares, with 84,799,659 shares pledged[22] Investments and Acquisitions - The company completed the acquisition of 40% equity in Happy Foam Co., Limited for RMB 3.9225 million, resulting in 100% ownership[32] - The company established a wholly-owned subsidiary, Zhejiang Shunxi Supply Chain Co., Ltd., with a registered capital of RMB 100 million in September 2020[35] Research and Development - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[55] - Research and development expenses for Q3 2020 amounted to ¥35,660,329.58, a rise of 22.5% from ¥29,017,502.31 in Q3 2019[55] Other Financial Metrics - The company reported government subsidies of CNY 21,068,837.47 for the year-to-date period[21] - The company recorded other income of ¥946,017.67 in Q3 2020, up from ¥413,402.16 in Q3 2019, marking a 128.5% increase[68] - The company has implemented new revenue recognition standards since January 1, 2020[95]