Cynda(SH:603086)2020-10-20 16:00Financial Performance - Net profit attributable to shareholders decreased by 18.69% to CNY 122,378,057.99 for the first nine months of the year[6] - Operating revenue for the first nine months increased by 15.55% to CNY 1,331,213,129.95 compared to the same period last year[6] - Basic earnings per share decreased by 18.75% to CNY 0.78[6] - The company reported a decrease in net profit excluding non-recurring gains and losses by 17.31% to CNY 128,214,446.92[6] - Net profit for the first three quarters of 2020 reached CNY 166,213,870.54, compared to CNY 190,144,270.57 in the same period of 2019, indicating a decrease of 12.6%[32] - Net profit for Q3 2020 was CNY 13,499,836.96, a decrease from CNY 33,479,587.25 in Q3 2019, representing a decline of approximately 60.3%[37] - Total comprehensive income for Q3 2020 was CNY 13,499,836.96, down from CNY 33,479,587.25 in Q3 2019, indicating a decline of about 60.3%[38] Assets and Liabilities - Total assets increased by 5.86% to CNY 2,439,274,051.01 compared to the end of the previous year[6] - The company's total assets as of September 30, 2020, amounted to CNY 1,733,406,586.31, an increase from CNY 1,577,122,340.16 at the end of 2019[29] - Total liabilities increased to CNY 360,798,950.39 as of September 30, 2020, compared to CNY 227,034,702.88 at the end of 2019, representing a 58.7% rise[29] - The total liabilities as of Q3 2020 amounted to 746,969,092.58 RMB, unchanged from the previous year, indicating stable financial obligations[47] - The total assets as of Q3 2020 were 2,304,145,473.28 RMB, consistent with the previous year, reflecting a stable asset base[47] Cash Flow - Net cash flow from operating activities increased by 3.85% to CNY 268,752,340.95 for the first nine months[6] - Cash flow from operating activities for the first nine months of 2020 was CNY 1,437,975,150.98, an increase from CNY 1,234,205,852.06 in the same period of 2019, reflecting a growth of approximately 16.6%[39] - Cash flow from investing activities showed a net outflow of CNY 298,360,992.03 in the first nine months of 2020, an improvement from a net outflow of CNY 549,132,258.32 in the same period of 2019[40] - The net cash flow from investment activities was -112,099,495.68 RMB in 2020, an improvement compared to -191,105,479.31 RMB in 2019, showing a reduction in losses by approximately 41.4%[42] - The company reported a net cash decrease of CNY 182,709,746.93 in Q3 2020, compared to a decrease of CNY 137,821,511.84 in Q3 2019[41] Shareholder Information - The total number of shareholders reached 7,655 by the end of the reporting period[9] - The top ten shareholders held a total of 33.16% of the shares, with the largest shareholder owning 52,552,091 shares[10] Research and Development - Research and development expenses increased by 31.09% to ¥77,869,394.91 from ¥59,401,364.38[16] - Research and development expenses for the first three quarters of 2020 were CNY 77,869,394.91, up from CNY 59,401,364.38 in the same period of 2019, reflecting a 30.9% increase[32] - R&D expenses in Q3 2020 amounted to ¥15,473,759.51, a 56.0% increase from ¥9,886,436.61 in Q3 2019[36] Investment and Financial Assets - Trading financial assets increased significantly by 377.07% to ¥266,312,210.00 from ¥55,822,821.60[12] - Investment income turned positive at ¥6,967,634.16 compared to a loss of ¥6,988,958.34 in the previous period[19] Operating Costs - Total operating costs for Q3 2020 were CNY 339,834,610.20, up from CNY 262,322,664.53 in Q3 2019, reflecting a 29.6% increase[32] - Operating expenses for Q3 2020 totaled CNY 1,169,222,810.03, up from CNY 975,405,375.60 in Q3 2019, reflecting an increase of about 19.8%[40] Inventory and Prepayments - The company’s inventory as of September 30, 2020, was CNY 194,760,382.08, an increase from CNY 162,745,047.66 in the previous year[28] - Prepayments rose by 104.98% to ¥30,061,970.19 from ¥14,665,853.92[13] - The company reported a decrease in prepayments by RMB 35,812,891.19, indicating a potential shift in cash flow management[50]