Nacity Servic(SH:603506)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 21.32% to CNY 105,053,837.50 for the first nine months of the year[5] - Operating revenue for the first nine months increased by 12.78% to CNY 1,017,260,652.07 compared to the same period last year[5] - Basic and diluted earnings per share increased by 20.00% to CNY 0.78[6] - The weighted average return on net assets increased by 0.88 percentage points to 13.84%[6] - The net profit after deducting non-recurring gains and losses increased by 25.94% to CNY 83,424,461.46 for the first nine months[5] - Total revenue for the first three quarters of 2020 was ¥1.02 billion, up 12.8% from ¥901.95 million in the same period of 2019[24] - The net profit for the first three quarters of 2020 was CNY 109,907,988.88, an increase of 36% compared to CNY 80,867,214.02 in the same period of 2019[29] - The total profit for Q3 2020 was approximately ¥54.10 million, up from ¥47.81 million in Q3 2019, marking an increase of 13.5%[27] - The net profit for Q3 2020 was approximately ¥38.88 million, an increase of 21.5% compared to ¥31.99 million in Q3 2019[27] Assets and Liabilities - Total assets increased by 5.95% to CNY 1,706,333,572.75 compared to the end of the previous year[5] - Total liabilities amounted to RMB 901,029,730.52, compared to RMB 876,837,891.09 at the end of the previous year[19] - The company's equity attributable to shareholders increased to RMB 792,896,599.09 from RMB 721,876,844.55 at the end of the previous year[19] - Accounts receivable increased by 53.03% to RMB 428,545,360.33 compared to the beginning of the year, primarily due to an increase in managed projects[13] - Long-term receivables rose by 100.72% to RMB 230,000,000.00, mainly due to an increase in financial assistance[14] - Total assets reached RMB 1,706,333,572.75, an increase from RMB 1,610,451,001.30 at the end of the previous year[19] - Total current asset of RMB 1,170,807,241.31, down from RMB 1,236,679,297.05 at the beginning of the year[17] - Current assets totaled CNY 935 million, with cash and cash equivalents at CNY 192 million and accounts receivable at CNY 226 million[40] Cash Flow - The net cash flow from operating activities decreased by 153.29% to -CNY 21,735,748.33 for the first nine months[5] - Cash flow from operating activities showed a net outflow of RMB 21,735,748.33, a decrease of 153.29% compared to the previous period, primarily due to higher outflows in decoration business[14] - The cash inflow from operating activities was 723,064,456.81 RMB, slightly down from 773,243,484.95 RMB year-on-year[35] - The cash flow from investing activities resulted in a net outflow of CNY 32,122,350.45, an improvement from a net outflow of CNY 138,198,502.51 in the same period of 2019[32] - The cash flow from operating activities showed a net outflow of CNY 21,735,748.33, compared to a net inflow of CNY 40,784,027.51 in the same period of 2019[31] - The net cash flow from investment activities was -22,394,901.65 RMB, an improvement from -46,299,935.96 RMB in the previous year[35] Shareholder Information - The total number of shareholders reached 7,408 by the end of the reporting period[11] - The largest shareholder, Zhejiang Nandu Real Estate Service Group Co., Ltd., holds 34.36% of the shares[11] Government Support - The company received government subsidies amounting to CNY 12,757,967.69 during the reporting period[7] Future Outlook - The company has not indicated any significant changes in future profit forecasts or commitments that remain unfulfilled during the reporting period[14] - The company plans to enhance its market expansion strategies and invest in new technologies to improve operational efficiency in the upcoming quarters[29]