JHM(SH:603078)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 29.40% to CNY 42,656,403.02 for the first nine months of the year[5] - Revenue for the first nine months reached CNY 408,302,181.91, a 12.19% increase year-over-year[5] - Basic earnings per share increased by 5.13% to CNY 0.3174[6] - The weighted average return on equity improved by 1.04 percentage points to 5.26%[6] - Total revenue from sales of goods and services increased by 42.39% to ¥309,846,457.58, attributed to business growth and improved cash collection management[14] Assets and Liabilities - Total assets increased by 15.99% to CNY 1,565,680,606.28 compared to the end of the previous year[5] - Accounts receivable decreased by 92.41% to ¥1,213,301.00 due to payments made to suppliers[12] - Prepayments increased by 114.00% to ¥8,366,770.31 primarily due to increased advance payments for raw material procurement[12] - Construction in progress rose by 53.00% to ¥473,615,999.82 as a result of increased investment in subsidiary projects[13] - Other receivables decreased by 87.85% to ¥651,075.59 mainly due to the recovery of a previous investment deposit of ¥5 million[13] Cash Flow and Financial Management - Operating cash flow increased by 40.32% to CNY 25,802,168.25 year-to-date[5] - Financial expenses increased by 83.08% to ¥4,807,441.17 due to an increase in short-term loans[13] Shareholder Information - The total number of shareholders reached 22,067 by the end of the reporting period[10] - The largest shareholder, Yin Fuhua, holds 27.42% of the shares, totaling 38,923,894 shares[10] Government Support and Non-Recurring Items - Government subsidies related to research and development amounted to CNY 5,425,424.67 year-to-date[7] - Other income rose by 103.85% to ¥5,425,424.67, mainly from government subsidies for new product R&D[13] - The company reported a non-recurring profit of CNY 2,697,641.51 for the current period[8] Future Projects and Plans - The company plans to complete the Sichuan project by March 2021 and the Zhenjiang project by June 2021, with delays caused by the pandemic[15] - The company has received approval for a non-public offering of A-shares, which is currently in progress[15] Capital Changes - The company’s capital stock increased by 30.00% to ¥141,960,000.00 due to the conversion of capital reserves[13]