JACK(SH:603337)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 5.59% to CNY 23,851.35 million year-on-year[18] - Operating income for the first nine months decreased by 12.25% to CNY 255,861.63 million compared to the same period last year[18] - The company’s basic earnings per share decreased by 5.26% to CNY 0.54 compared to the same period last year[18] - Total operating revenue for Q3 2020 was approximately ¥917.11 million, a decrease of 6.5% compared to ¥863.66 million in Q3 2019[55] - Net profit for Q3 2020 was approximately ¥155.74 million, compared to ¥62.09 million in Q3 2019, representing a significant increase of 150.5%[59] - The company reported a total profit of approximately ¥185.43 million in Q3 2020, compared to ¥73.36 million in Q3 2019, an increase of 152.4%[59] - The total comprehensive income attributable to shareholders of the parent company was approximately ¥154.77 million in Q3 2020, compared to ¥61.04 million in Q3 2019, an increase of 153.5%[59] Assets and Liabilities - Total assets increased by 6.13% to CNY 443,285.45 million compared to the end of the previous year[18] - Total assets increased to CNY 4,432,854,540.46, up from CNY 4,176,670,993.68, representing a growth of approximately 6.1% year-over-year[46] - Current liabilities rose to CNY 1,304,309,480.24, compared to CNY 1,208,875,330.30, reflecting an increase of about 7.9%[46] - Total liabilities increased to CNY 1,516,680,605.46 from CNY 1,453,648,321.72, reflecting a growth of approximately 4.3%[46] - The total liabilities increased to approximately ¥1.50 billion in Q3 2020 from ¥1.20 billion in Q3 2019, marking a growth of 24.9%[52] - The company has a total of CNY 661.08 million in accounts payable and CNY 125.19 million in employee compensation payable[80] Cash Flow - Net cash flow from operating activities increased significantly by 218.93% to CNY 77,046.93 million year-to-date[18] - Cash and cash equivalents significantly increased to CNY 792,620,006.21 from CNY 305,897,069.66, marking a growth of approximately 159.5%[46] - The company reported a decrease in sales expenses for the first three quarters of 2020, totaling ¥73.72 million compared to ¥92.90 million in 2019[63] - The cash flow from operating activities for the first three quarters of 2020 was approximately ¥2.43 billion, down from ¥2.91 billion in the same period of 2019[66] - Net cash outflow from operating activities was ¥1,816,330,114.62, down 35.5% from ¥2,816,827,728.93[69] - The net increase in cash and cash equivalents was ¥471,363,951.91, a significant rise from ¥50,537,293.15[71] Shareholder Information - The total number of shareholders at the end of the reporting period was 6,365[22] - The largest shareholder, Taizhou Jack Trading Co., Ltd., holds 42.75% of the shares[22] - Shareholders' equity rose to CNY 2,916,173,935.00 from CNY 2,723,022,671.96, representing an increase of about 7.1%[46] - The company's equity attributable to shareholders was CNY 2.66 billion, with retained earnings of CNY 1.44 billion[83] Operational Insights - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[36] - The company plans to expand its market presence and invest in new product development to drive future growth[46] - Research and development expenses for Q3 2020 were approximately ¥50.04 million, compared to ¥45.98 million in Q3 2019, an increase of 8.9%[55] - The company has long-term investments in equity amounting to $630,992,182.62 and fixed assets of $586,739,804.25[86]