Apple Group(SH:603020)2020-10-30 16:00Financial Performance - Operating income for the first nine months rose by 4.77% to CNY 1,957,702,539.47 compared to the same period last year[7]. - Net profit attributable to shareholders increased by 11.60% to CNY 136,459,228.09 compared to the same period last year[7]. - Total operating revenue for Q3 2020 reached ¥671,856,822.63, an increase from ¥645,805,498.12 in Q3 2019, representing a growth of approximately 4.1%[25]. - Net profit for Q3 2020 was ¥48,945,612.57, down from ¥56,014,053.04 in Q3 2019, reflecting a decrease of approximately 12.5%[26]. - The total profit for the first three quarters of 2020 was CNY 126.40 million, a decrease of 14.4% from CNY 147.78 million in the same period of 2019[29]. Assets and Liabilities - Total assets increased by 0.80% to CNY 2,650,364,143.39 compared to the end of the previous year[7]. - Total liabilities decreased to CNY 266,054,610.54 from CNY 337,115,789.51, a reduction of approximately 21.06%[18]. - Total non-current assets rose to CNY 724,850,300.27 from CNY 667,500,606.20, indicating an increase of about 8.58%[17]. - The company’s total assets as of September 30, 2020, were CNY 2,650,364,143.39, a slight increase from CNY 2,629,345,445.78 as of December 31, 2019[18]. - The total liabilities increased to ¥158,427,911.02 in Q3 2020 from ¥117,100,133.97 in Q3 2019, showing a significant rise of approximately 35.3%[23]. Shareholder Equity - Net assets attributable to shareholders increased by 4.02% to CNY 2,189,641,975.66 compared to the end of the previous year[7]. - Total equity increased to CNY 2,384,309,532.85 from CNY 2,292,229,656.27, reflecting an increase of about 4.01%[18]. - The total equity as of Q3 2020 was ¥2,116,404,136.74, compared to ¥2,050,570,362.20 in Q3 2019, which is an increase of about 3.2%[23]. Cash Flow - Net cash flow from operating activities decreased by 48.80% to CNY 126,244,465.87 compared to the same period last year[7]. - The net cash flow from operating activities for the first three quarters of 2020 was ¥126.24 million, a decrease of 48.8% compared to ¥246.59 million in the same period of 2019[33]. - The company reported a net cash outflow from financing activities of ¥55.09 million in the first three quarters of 2020, compared to a net outflow of ¥17.22 million in the same period of 2019[34]. Investment Activities - Cash inflow from investment activities in the first three quarters of 2020 was approximately ¥1.73 billion, significantly higher than ¥61.31 million in the same period of 2019[34]. - The cash inflow from the recovery of investments was approximately ¥1.72 billion in the first three quarters of 2020, compared to ¥59 million in the same period of 2019, indicating a substantial increase[36]. - The cash outflow for purchasing fixed assets and intangible assets was approximately ¥91.73 million in the first three quarters of 2020, slightly higher than ¥87 million in the same period of 2019[34]. Operational Efficiency - The weighted average return on net assets increased by 0.34 percentage points to 6.35%[8]. - Basic and diluted earnings per share increased by 11.60% to CNY 0.4264[8]. - The gross profit margin for the first three quarters of 2020 was approximately 33.3%, compared to 30.7% in the same period of 2019[29]. Research and Development - Research and development expenses for Q3 2020 were ¥9,236,643.37, slightly up from ¥9,041,218.65 in Q3 2019[25]. - Research and development expenses for Q3 2020 were CNY 4.12 million, a decrease of 30.8% from CNY 5.96 million in Q3 2019[29]. Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[24]. - The company plans to continue focusing on product innovation and market expansion in the upcoming quarters[30].