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苏州龙杰(603332) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 561,927,991.20, down 54.87% year-on-year[6] - Net profit attributable to shareholders for the first nine months was CNY 8,089,669.31, a decline of 93.73% compared to the same period last year[6] - Basic and diluted earnings per share were CNY 0.07, down 93.75% from CNY 1.12 in the previous year[6] - Revenue for Q3 2020 was CNY 561.93 million, a decrease of 54.87% compared to CNY 1.25 billion in the same period last year, primarily due to the impact of the pandemic and the US-China trade war[12] - Q3 2020 revenue was CNY 248.11 million, a decrease of 42.5% compared to CNY 430.77 million in Q3 2019[21] - Q3 2020 net profit was CNY 1.29 million, down 97.6% from CNY 53.68 million in Q3 2019[23] - Operating profit for Q3 2020 was CNY 1.60 million, a significant decline from CNY 62.67 million in Q3 2019[22] - The company reported a gross profit margin of 8.5% in Q3 2020, down from 18.0% in Q3 2019[21] Cash Flow and Assets - Cash flow from operating activities for the first nine months was CNY 97,412,960.38, a decrease of 60.40% year-on-year[6] - Cash received from sales decreased by 44.56% to CNY 725.71 million from CNY 1.31 billion, reflecting reduced sales activity[13] - The company’s cash paid for purchasing goods and services decreased by 41.18% to CNY 529.39 million from CNY 900.01 million, indicating a reduction in raw material purchases[13] - Cash inflow from operating activities for the first three quarters of 2020 was approximately ¥744.43 million, a decrease of 43.4% compared to ¥1.31 billion in the same period of 2019[25] - Net cash flow from operating activities for the first three quarters of 2020 was ¥97.41 million, down 60.5% from ¥246.02 million in 2019[25] - Total cash and cash equivalents at the end of Q3 2020 stood at ¥201.10 million, down from ¥285.08 million at the end of Q3 2019[26] - The company reported a net decrease in cash and cash equivalents of -¥199.10 million in Q3 2020, contrasting with an increase of ¥170.39 million in Q3 2019[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,537,588,744.48, a decrease of 2.83% compared to the end of the previous year[6] - The total number of shareholders at the end of the reporting period was 6,839[8] - Total assets as of Q3 2020 were CNY 1,537.59 million, a decrease from CNY 1,582.31 million in Q2 2020[18] - Total liabilities as of Q3 2020 were CNY 228.92 million, an increase from CNY 210.37 million in Q2 2020[18] - The total equity decreased to CNY 1,308.67 million in Q3 2020 from CNY 1,371.94 million in Q2 2020[18] Shareholder Information - The largest shareholder, Zhangjiagang Longjie Investment Co., Ltd., held 51.79% of the shares[8] Expenses and Investments - Operating costs decreased by 50.45% to CNY 514.56 million from CNY 1.04 billion, mainly due to a decline in product sales[12] - The company reported a significant decrease in sales expenses, down 31.80% to CNY 7.26 million from CNY 10.65 million, due to lower sales revenue[12] - R&D expenses in Q3 2020 increased to CNY 12.16 million, up 57.5% from CNY 7.74 million in Q3 2019[21] - Investment income increased by 83.30% to CNY 9.99 million from CNY 5.45 million, primarily due to higher returns from bank wealth management products[12] Current Assets - The company’s total current assets as of September 30, 2020, amounted to CNY 1.22 billion, a slight decrease from CNY 1.29 billion at the end of 2019[16] - Accounts receivable increased to CNY 4.97 million, up 204.93% from CNY 1.63 million, attributed to an increase in unpaid goods at the end of the period[12] - Other current assets rose by 40% to CNY 700 million from CNY 500 million, mainly due to increased cash management investments[12] - Contract liabilities increased by 170.48% to CNY 59.75 million from CNY 22.09 million, reflecting a recovery in the sales market and an increase in customer orders[12]