YUANLI(SH:603217)2020-10-26 16:00Financial Performance - Revenue for the first nine months was CNY 854,676,842.10, a decrease of 4.62% compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 8.99% to CNY 111,228,100.02 for the first nine months[5]. - Basic earnings per share for the period was CNY 0.873, down 24.15% from CNY 1.151 in the previous year[6]. - The weighted average return on net assets decreased by 4.13 percentage points to 5.09%[6]. - Total operating revenue for Q3 2020 was $318.46 million, an increase of 12.7% compared to $282.47 million in Q3 2019[41]. - Net profit for Q3 2020 reached $41.73 million, a 21.5% increase from $34.26 million in Q3 2019[42]. - The total profit for Q3 2020 was $47.31 million, compared to $43.72 million in Q3 2019, marking an increase of 3.6%[42]. - The total comprehensive income of $41.71 million in Q3 2020, up from $34.25 million in Q3 2019, representing a growth of 21.7%[43]. - The total comprehensive income for the first three quarters of 2020 was ¥79.74 million, down from ¥114.20 million in the same period of 2019, a decline of 30.1%[47]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,457,024,008.03, a decrease of 1.81% compared to the end of the previous year[5]. - Non-current assets totaled CNY 771,263,332.45, down from CNY 823,290,211.34, indicating a decrease of about 6.3%[35]. - Current liabilities decreased to CNY 223,818,926.73 from CNY 329,194,655.20, a reduction of approximately 32%[35]. - Total liabilities were CNY 244,690,192.21, down from CNY 346,536,692.83, representing a decline of around 29.4%[36]. - The total liabilities and owner's equity amounted to CNY 2,426,522,937.29, slightly up from CNY 2,402,040,438.12, reflecting a growth of approximately 1%[39]. - Total assets reached CNY 2,502,222,408.63, with non-current assets accounting for CNY 823,290,211.34[52]. - Current liabilities totaled CNY 329,194,655.20, with accounts payable at CNY 202,262,922.86[52]. - Total liabilities amounted to CNY 346,536,692.83, while total equity was CNY 2,155,685,715.80[53]. Cash Flow - Operating cash flow for the first nine months was CNY 101,125,337.74, an increase of 31.32% year-on-year[5]. - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥638.51 million, slightly down from ¥649.80 million in the same period of 2019[47]. - The net cash flow from investment activities for the first nine months of 2020 was ¥62,625,133.11, recovering from a negative cash flow of ¥1,081,433,039.01 in the same period of 2019[49]. - The total cash inflow from financing activities for the first nine months of 2020 was ¥1,204,283,683.02, compared to ¥1,169,283,683.02 in the same period of 2019, indicating a slight increase[49]. - The total cash and cash equivalents at the end of Q3 2020 amounted to ¥256,918,351.45, up from ¥156,646,724.57 at the end of Q3 2019, reflecting an increase of approximately 63.9%[48]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,943[10]. - The largest shareholder, Liu Xiuhua, holds 58.88% of the shares, totaling 75,039,751 shares[10]. Investment and R&D - R&D expenses increased by 30.57% to RMB 36,268,159.46, reflecting higher investment in research and development activities[30]. - Research and development expenses in Q3 2020 were $14.62 million, a significant increase of 65.8% compared to $8.83 million in Q3 2019[41]. Other Financial Metrics - The company reported non-operating income of CNY 7,949,066.32 for the first nine months, compared to CNY 25,664,402.95 in the previous year[8]. - Investment income increased by 302.99% to RMB 25,664,402.95, primarily due to increased income from wealth management products[26]. - The company incurred a financial expense of $2.19 million in Q3 2020, compared to a financial income of $2.89 million in Q3 2019[41]. - Tax expenses for Q3 2020 were $5.58 million, a decrease of 41.5% from $9.46 million in Q3 2019[42].