Sichuan Teway Food (SH:603317)2020-10-22 16:00Financial Performance - Net profit attributable to shareholders rose by 63.78% to CNY 320,162,407.35 for the first nine months of the year[18]. - Operating income for the first nine months reached CNY 1,524,689,449.78, reflecting a growth of 41.47% year-on-year[18]. - Basic and diluted earnings per share increased by 25.34% to CNY 0.6207[20]. - The weighted average return on equity increased by 12.73 percentage points to 25.94%[18]. - Total revenue for Q3 2020 reached ¥605,808,621, a 35.2% increase from ¥448,299,919 in Q3 2019[60]. - Net profit for Q3 2020 was ¥120,499,708.95, representing a 29.7% increase compared to ¥92,893,507.37 in Q3 2019[67]. - Total comprehensive income for the first three quarters of 2020 was ¥112,431,281.31, significantly higher than ¥71,488,463.02 in the same period of 2019[80]. Assets and Liabilities - Total assets increased by 23.91% to CNY 2,654,482,038.80 compared to the end of the previous year[18]. - Current assets totaled ¥2,180,816,847.65, compared to ¥1,741,672,803.42, reflecting an increase of about 25.2%[50]. - The company's total liabilities increased significantly, with accounts payable rising by 132.93% to RMB 266,466,327.96 from RMB 114,397,909.13, driven by increased procurement needs[33]. - Total liabilities amounted to ¥603,197,425.00, up from ¥300,397,005.35, representing an increase of about 100.9%[50]. - The equity attributable to shareholders increased to ¥2,051,284,613.80 from ¥1,841,916,395.05, reflecting a growth of approximately 11.4%[52]. Cash Flow - Net cash flow from operating activities increased by 44.25% to CNY 402,098,579.27 compared to the same period last year[18]. - Cash received from sales of goods and services rose by 43.89% to RMB 1,799,607,115.51 from RMB 1,250,652,975.11, reflecting sales growth[35]. - The net cash flow from operating activities for the first three quarters of 2020 was CNY 274,171,625.02, a significant increase from CNY 43,032,476.25 in the same period of 2019, representing a growth of over 536%[90]. - The net cash flow from investing activities was CNY 46,442,086.04, a recovery from a negative cash flow of CNY -157,943,862.71 in the previous year[92]. - Cash and cash equivalents at the end of the period totaled CNY 751,018,437.81, compared to CNY 648,483,130.91 at the end of the same period in 2019, marking an increase of approximately 16%[92]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,119[24]. - Major shareholder 邓文 holds 67.63% of the shares, totaling 406,435,000 shares[24]. - The company plans to issue up to 100 million new shares following approval from the China Securities Regulatory Commission[41]. Expenses and Investments - Sales expenses increased by 68.89% to RMB 232,358,879.00 from RMB 137,581,608.20, mainly due to higher marketing and advertising costs[35]. - Research and development expenses for Q3 2020 were ¥8,093,253.01, up from ¥7,101,544.41 in Q3 2019[64]. - The company aims to expand its market presence and enhance product offerings through increased R&D investment and strategic marketing initiatives[78].