福蓉科技(603327) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥1,207,126,860.05, representing a 28.24% increase compared to the same period last year[17]. - Net profit attributable to shareholders of the listed company was ¥254,280,769.50, up 20.29% year-on-year[17]. - Basic earnings per share increased to ¥0.6341, an 11.80% rise compared to the previous year[17]. - Operating revenue for Q3 2020 reached ¥564,464,441.43, a 42% increase compared to ¥397,397,939.77 in Q3 2019[44]. - The net profit for Q3 2020 was ¥109,458,837.44, up from ¥91,748,971.29 in Q3 2019, reflecting a growth of about 19%[47]. - The total comprehensive income for Q3 2020 was ¥109,458,837.44, compared to ¥91,748,971.29 in Q3 2019, indicating an increase of about 19%[49]. - Basic earnings per share (EPS) for the first three quarters of 2020 was CNY 0.6341, compared to CNY 0.5672 in the same period of 2019, representing an increase of 11.9%[53]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,643,253,323.26, an increase of 2.42% compared to the end of the previous year[17]. - The company's total assets increased to ¥1,643,253,323.26, up from ¥1,604,379,543.56, representing a growth of approximately 2.3% year-over-year[43]. - The company's total liabilities decreased to ¥213,872,708.54 from ¥332,183,497.98, indicating a reduction of approximately 35.5%[43]. - The company’s total liabilities amounted to CNY 332,183,497.98, with current liabilities at CNY 327,360,256.49[63]. - Total liabilities and equity reach $1,604,379,543.56[64]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥1,429,380,614.72, reflecting a growth of 12.36% year-on-year[17]. - The total number of shareholders at the end of the reporting period was 20,653[23]. - The largest shareholder, Fujian Nanping Aluminum Co., Ltd., held 56.48% of the shares[23]. - The total equity increased to ¥1,429,380,614.72, compared to ¥1,272,196,045.58 in the previous year, marking an increase of approximately 12.3%[43]. - The company’s capital reserve was CNY 361,990,087.05, indicating a stable equity position[63]. - Unappropriated profits stand at $433,451,778.78[64]. - Total equity amounts to $1,272,196,045.58[64]. Cash Flow - Net cash flow from operating activities for the first nine months decreased by 58.67% to ¥54,749,158.07[17]. - Net cash flow from operating activities decreased by 58.67% to ¥54,749,158.07 from ¥132,481,923.90 year-over-year, primarily due to increased cash outflows for purchases[30]. - Cash inflow from operating activities totaled CNY 1,157,604,992.98 in the first three quarters of 2020, up 23.0% from CNY 941,180,874.30 in 2019[53]. - The company's cash flow from operating activities improved, contributing to a stronger liquidity position[44]. - Cash and cash equivalents decreased by 63.11% to ¥94,002,988.31 from ¥254,797,596.81 year-over-year[28]. - The company reported a cash and cash equivalents balance of CNY 91,202,988.31 at the end of the reporting period, down from CNY 156,375,449.65 in the previous year[55]. Investments and Expenses - Investment income increased by 167.79% to ¥3,414,211.86 from ¥1,274,972.21 year-over-year, due to higher returns from structured deposits[30]. - Research and development expenses decreased by 47.51% to ¥7,819,515.80 from ¥14,896,643.97 year-over-year, reflecting reduced R&D spending[30]. - Research and development expenses for Q3 2020 were ¥2,641,762.54, down from ¥5,021,344.96 in Q3 2019, showing a decrease of about 47%[44]. - Cash outflow from investing activities was CNY 664,191,329.39 in 2020, compared to CNY 223,312,956.78 in 2019, indicating a significant increase of 197.5%[55]. - Net cash flow from investing activities increased by 122.42% to ¥50,057,049.14 from -¥223,312,956.78 year-over-year, attributed to the recovery of principal and returns from structured deposits[30]. Government Support - The company received government subsidies amounting to ¥3,230,660.67 during the reporting period[20]. Accounting Standards - The company adopted new revenue and leasing standards effective January 1, 2020, with no significant impact on the current reporting period[66]. - The company is not required to restate prior comparative figures under the new standards[66].