xinje(SH:603416)2020-10-23 16:00Financial Performance - Net profit attributable to shareholders rose by 112.61% year-on-year, amounting to CNY 246,437,250.25[5] - Operating revenue for the first nine months increased by 74.65% year-on-year, totaling CNY 810,995,433.21[5] - Basic and diluted earnings per share both increased by 113.41%, reaching CNY 1.75 per share[6] - The company reported a net profit excluding non-recurring gains and losses of CNY 222,640,679.07, an increase of 130.44%[6] - The company reported a 61.13% increase in operating costs, totaling ¥452,266,380.52, compared to ¥280,682,057.20 in the same period last year[13] Asset and Cash Flow - Total assets increased by 38.34% year-on-year, reaching CNY 2,023,533,223.40[5] - Net cash flow from operating activities surged by 152.54% year-on-year, reaching CNY 209,386,196.53[5] - The company's cash and cash equivalents rose by 18.88% to ¥120,781,944.70 from ¥101,599,656.28 at the end of 2019[12] - Inventory increased by 122.61% to ¥525,176,920.22, up from ¥235,922,135.79, reflecting higher sales revenue and increased stock levels[12] - The company's financial assets increased by 26.61% to ¥688,648,695.73, up from ¥543,920,662.57, due to an increase in wealth management products[12] Shareholder Information - The number of shareholders at the end of the reporting period was 5,692[10] - The largest shareholder, Li Xin, holds 35.10% of the shares, totaling 49,335,160 shares[10] Government Support and Investments - Government subsidies recognized during the reporting period amounted to CNY 3,621,906.24[7] - The company made a new long-term equity investment of ¥1,000,000.00 in Wuxi Inafis Sports Culture Development Co., Ltd. during the reporting period[12] Research and Development - Research and development expenses grew by 48.92% to ¥57,612,021.35, compared to ¥38,687,516.40 in the previous year, indicating a commitment to innovation[13] Liabilities - The accounts payable rose by 92.21% to ¥343,687,047.31 from ¥178,808,591.79, attributed to increased sales revenue and procurement scale[12] - The deferred tax assets increased by 20.41% to ¥5,730,022.52, up from ¥4,758,669.07, due to increased inventory and related provisions[12] Return on Equity - The weighted average return on equity improved by 8.25 percentage points to 18.75%[6]