Tederic(SH:603289)2020-10-22 16:00Financial Performance - Operating revenue for the first nine months rose by 6.29% to CNY 608,790,137.18 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 24.50% to CNY 67,587,826.04 compared to the same period last year[6] - The basic earnings per share decreased by 26.47% to CNY 0.25[6] - Total operating revenue for Q3 2020 reached ¥271,460,817.54, a 67.9% increase compared to ¥161,608,625.56 in Q3 2019[23] - Net profit for Q3 2020 was ¥31,896,234.18, representing a 15.5% increase from ¥27,533,643.25 in Q3 2019[24] - The company reported a total revenue of ¥608,790,137.18 for the first three quarters of 2020, up from ¥572,758,540.98 in the same period of 2019[23] - The total profit for Q3 2020 was CNY 36,525,829.98, up from CNY 30,045,711.07 in Q3 2019, reflecting an increase of 21.8%[28] Cash Flow - Net cash flow from operating activities decreased by 6.49% to CNY 76,097,673.05 compared to the same period last year[6] - The company reported a net cash flow from operating activities of ¥76,097,673.05, a decrease of 6.49% compared to the previous year[12] - The company experienced a net cash outflow from investing activities of CNY 314,305,673.22 in the first three quarters of 2020, compared to a net outflow of CNY 87,458,026.88 in the same period of 2019[30] - The cash and cash equivalents at the end of Q3 2020 were CNY 183,943,877.21, down from CNY 384,671,548.04 at the end of Q3 2019, representing a decrease of 52.1%[31] - The company reported a decrease in cash flow from operating activities, with total cash outflow of CNY 439,612,491.76 in Q3 2020, compared to CNY 423,817,096.52 in Q3 2019[30] Assets and Liabilities - Total assets increased by 4.99% to CNY 1,475,592,468.62 compared to the end of the previous year[6] - Total liabilities increased to CNY 436.17 billion from CNY 376.31 billion, representing a growth of 15.9% year-over-year[18] - The company’s intangible assets increased by 131.97% to ¥73,840,812.26, primarily due to land acquisitions during the reporting period[11] - Current liabilities totaled ¥433,366,798.86, up from ¥373,185,769.23 in the previous year[17] - Cash and cash equivalents decreased by 57.35% to CNY 218,820,746.54 due to investments in financial products and land purchases[10] Shareholder Information - The number of shareholders reached 14,777 at the end of the reporting period[8] - The company plans to issue up to 30 million shares through a private placement, subject to approval from the China Securities Regulatory Commission[12] Government Subsidies and Other Income - Non-operating income for the first nine months totaled CNY 11,829,678.09, with government subsidies contributing CNY 13,246,012.30[7] - Other income rose by 95.46% to ¥13,246,012.30, mainly due to increased government subsidies received[11] Research and Development - R&D expenses for Q3 2020 amounted to ¥11,666,730.72, a 36.5% increase from ¥8,590,116.40 in Q3 2019[23] - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[23] Market Strategy - The company plans to expand its market presence and invest in new product development to drive future growth[22]