SQTEG(SH:603339)2020-10-19 16:00Financial Performance - Operating revenue for the first nine months was CNY 831,589,153.33, down 5.12% year-on-year[7] - Net profit attributable to shareholders of the listed company increased by 5.17% to CNY 96,480,434.40[7] - Basic earnings per share for the period was CNY 0.46, up 4.55% from CNY 0.44[8] - Net profit for the first three quarters of 2020 was CNY 326,247,327.24, up from CNY 311,497,479.97 in the same period of 2019, indicating a growth of approximately 4.7%[25] - The net profit for the first three quarters of 2020 was ¥96,480,434.40, up from ¥91,740,028.67 in the same period of 2019, a 5.0% increase[29] - The company reported a total profit of ¥43,050,160.76 for Q3 2020, compared to ¥28,868,197.65 in Q3 2019, a growth of 49.5%[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,401,927,742.34, a decrease of 2.56% compared to the end of the previous year[7] - Total liabilities amounted to CNY 244,829,427.16, compared to CNY 176,691,681.69 at the end of 2019, indicating an increase of approximately 38.6%[24] - Current assets totaled CNY 257,471,336.31 as of September 30, 2020, a slight decrease from CNY 264,107,380.56 at the end of 2019[23] - Total assets reached CNY 1,392,041,630.47, up from CNY 1,309,295,398.09 at the end of 2019, representing a growth of about 6.3%[24] - Total assets amounted to RMB 1,309,295,398.09 as of September 30, 2020[48] - Total liabilities were RMB 176,691,681.69, with current liabilities at RMB 175,360,886.94[48] Cash Flow - Net cash flow from operating activities for the first nine months was CNY 200,471,875.70, an increase of 10.66% compared to the same period last year[7] - The net cash flow from operating activities for the first nine months of 2020 was CNY 200,471,875.70, an increase from CNY 181,162,682.37 in the same period of 2019, indicating a growth of about 10.8%[36] - The company reported a decrease in cash inflow from operating activities, totaling CNY 936,650,651.98 in the first nine months of 2020, down from CNY 1,162,857,064.61 in the same period of 2019, a decline of approximately 19.5%[36] - Cash outflow from financing activities was ¥62.42 million, an increase of 45.8% compared to ¥42.83 million in the same period of 2019[40] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,057[12] - The largest shareholder, Huang Jie, holds 40.27% of the shares, totaling 124,596,915 shares[12] Expenses - Sales expenses decreased by 39.89% to ¥15,761,242.89 due to the reclassification of transportation costs to operating costs[15] - Research and development expenses for the first three quarters of 2020 were CNY 39,188,732.72, compared to CNY 37,267,346.67 in the same period of 2019, reflecting an increase of about 5.2%[27] - The company incurred research and development expenses of CNY 5,414,182.44 in Q3 2020, up from CNY 4,458,508.26 in Q3 2019, which is an increase of approximately 21.4%[32] Other Financial Metrics - The weighted average return on net assets decreased by 0.02 percentage points to 5.43%[8] - Investment income improved by 88.13% to a loss of ¥894,900.00, reflecting reduced losses from forward foreign exchange transactions[15] - Cash flow from financing activities showed a net outflow of ¥164,570,108.71, a 207.62% decrease compared to the previous year due to loan repayments[15] - The company reported a significant increase in cash and cash equivalents, with CNY 61,886,509.18 as of September 30, 2020, compared to CNY 122,775,584.93 at the end of 2019[23]