GREAT-SUN(SH:603336)2020-10-30 16:00Financial Performance - Operating revenue for the first nine months rose by 12.94% to CNY 686,501,755.23 year-on-year[7] - Net profit attributable to shareholders decreased by 13.21% to CNY 55,203,249.91 for the first nine months[7] - Total operating revenue for Q3 2020 was ¥241,816,630.81, an increase of 8.8% compared to ¥222,731,652.13 in Q3 2019[31] - Total profit for Q3 2020 was ¥14,646,136.55, down 34.9% compared to ¥22,479,720.86 in Q3 2019[32] - The company reported a net profit of CNY 55,247,891.58, down from CNY 141,560,305.13 in the previous year[30] - Total profit for the first three quarters of 2020 was ¥55,213,351.86, down from ¥63,605,432.53 in the first three quarters of 2019, representing a decline of 13.2%[32] Cash Flow - Cash flow from operating activities dropped by 51.72% to CNY 30,402,137.50 compared to the same period last year[7] - The net cash flow from operating activities decreased by 51.72% compared to the same period last year, primarily due to increased cash payments for goods and services[18] - The cash inflow from operating activities for the first three quarters of 2020 was ¥661,302,029.32, an increase from ¥577,719,278.61 in the same period of 2019[38] - The total cash inflow from financing activities in the first three quarters of 2020 was CNY 846,006,719.41, compared to CNY 203,824,800.00 in 2019, indicating an increase of about 316%[41] - The cash outflow for purchasing goods and services was CNY 118,977,489.96 in the first three quarters of 2020, down from CNY 207,217,770.94 in the same period of 2019, indicating a decrease of about 43%[41] Assets and Liabilities - Total assets increased by 35.69% to CNY 1,469,306,691.50 compared to the end of the previous year[7] - Total liabilities increased to CNY 485,679,146.63, up from CNY 208,322,222.92 year-over-year[24] - Current assets totaled CNY 465,384,091.16, an increase from CNY 377,511,908.54 in the previous year[27] - The company's equity attributable to shareholders rose to CNY 982,583,399.64, up from CNY 873,441,764.44[24] - Total assets reached CNY 1,251,278,084.46, compared to CNY 857,528,112.52 at the end of 2019[28] Shareholder Information - The number of shareholders reached 32,861 at the end of the reporting period[10] - The total equity instruments increased by 55,894,054.81 yuan compared to the beginning of the year, mainly due to the split of equity components from the issuance of convertible bonds[14] Expenses and Financial Metrics - Tax expenses increased by 35.86% compared to the same period last year, mainly due to the growth in operating income and the increase in registered capital of subsidiaries[15] - Financial expenses increased by 984.57% compared to the same period last year, primarily due to the accrual of interest on bonds payable and short-term loans, as well as exchange losses from currency fluctuations[17] - Basic earnings per share for Q3 2020 were ¥0.17, compared to ¥0.19 in Q3 2019[35] - The company reported a financial expense of ¥9,310,565.24 in Q3 2020, compared to a financial income of ¥1,154,465.64 in Q3 2019[36] Investment and Growth - Investment income increased by 246.24% compared to the same period last year, mainly due to an increase in financial investment returns[17] - Construction in progress rose by 113.77% to CNY 224,874,873.61, reflecting investments in infrastructure projects[12][13] - Long-term investments increased significantly to CNY 757,637,113.24 from CNY 449,925,518.24[27] Other Financial Metrics - Comprehensive income for Q3 2020 was ¥13,926,088.13, a decrease of 38.2% from ¥22,433,017.83 in Q3 2019[33] - The company reported a credit impairment loss of ¥2,787,177.14 in Q3 2020, compared to ¥1,353,250.68 in Q3 2019[32] - The company’s sales expenses for the first three quarters of 2020 were ¥5,121,146.49, down 36.1% from ¥8,003,845.39 in the same period of 2019[36]