CENTER INT(SH:603098)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥139,696,281.60, a decrease of 27.81% year-on-year[18]. - Operating revenue for the first nine months was ¥2,199,010,755.61, down 10.10% from the same period last year[18]. - Basic earnings per share for the period was ¥0.29, a decrease of 27.50% year-on-year[20]. - The weighted average return on net assets was 6.61%, down 3.39 percentage points from the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥138,336,937.41, a decrease of 29.40% year-on-year[18]. - Total operating revenue for Q3 2020 was ¥890,511,827.77, an increase of 20.4% compared to ¥739,699,045.66 in Q3 2019[51]. - Net profit for Q3 2020 was ¥51,016,383.41, a decrease of 17.9% from ¥62,202,711.01 in Q3 2019[57]. - Total profit for Q3 2020 was ¥60,248,011.29, compared to ¥72,947,892.00 in Q3 2019, reflecting a decline of 17.4%[57]. - The total comprehensive income for Q3 2020 was approximately ¥51.41 million, down from ¥66.74 million in Q3 2019[68]. Cash Flow - The net cash flow from operating activities was -¥174,893,436.45, a decline of 215.69% compared to the previous year[18]. - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥1.74 billion, down from ¥2.11 billion in the same period of 2019[70]. - The net cash flow from operating activities was -$174.89 million, a significant decrease compared to $151.18 million in the previous period, indicating a decline in operational efficiency[72]. - The cash flow from operating activities showed a total outflow of $1.92 billion, compared to $1.96 billion in the previous period, indicating a slight improvement in operational cash management[72]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,889,842,540.45, an increase of 3.84% compared to the end of the previous year[18]. - The total liabilities increased to CNY 2,745,377,151.18 from CNY 2,630,657,628.24, reflecting a growth of approximately 4.35%[50]. - The total equity attributable to shareholders rose to CNY 2,136,470,416.58, up from CNY 2,076,902,296.40, indicating an increase of about 2.87%[50]. - The total current liabilities increased to CNY 2,113,086,886.17 from CNY 1,997,621,628.32, reflecting an increase of approximately 5.79%[48]. - Total liabilities amounted to approximately $2.63 billion, with current liabilities at about $1.99 billion and non-current liabilities at approximately $633 million[87]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,929[25]. - The largest shareholder, Liu Aisen, holds 35.42% of the shares, amounting to 170,027,820 shares[25]. Inventory and Receivables - Inventory decreased significantly by 84.24% to RMB 154,176,029.48 from RMB 978,107,073.07, attributed to the implementation of new revenue recognition standards[30]. - Other receivables surged by 138.05% to RMB 50,879,650.54 from RMB 21,373,510.09, mainly due to an increase in deposits and advances[29]. - Accounts receivable slightly decreased to CNY 1,672,488,204.95 from CNY 1,690,081,498.15, a reduction of about 1.05%[45]. Financial Management - The company reported a government subsidy of ¥2,897,553.98 for the period, slightly down from ¥3,003,367.47 in the previous year[22]. - The company experienced a loss in investment income of approximately ¥2.40 million in Q3 2020, compared to a loss of ¥0.18 million in Q3 2019[64]. - The company reported a significant increase in financial expenses, with interest expenses rising to ¥13.70 million in Q3 2020 from ¥5.92 million in Q3 2019[64]. Research and Development - Research and development expenses for Q3 2020 were ¥27,917,078.60, an increase of 40.5% compared to ¥19,845,695.81 in Q3 2019[55]. - Research and development expenses increased to ¥29.31 million in Q3 2020, up 45.4% from ¥20.16 million in Q3 2019[64].