ZTGM(SH:603559)2021-05-06 16:00Financial Performance - Operating revenue for the first nine months was CNY 427,037,510.30, down 9.39% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 3,808,676.29, representing a decline of 114.13% compared to the same period last year[6] - The net cash flow from operating activities for the first nine months was a negative CNY 149,313,440.14, compared to a negative CNY 46,787,374.82 in the previous year[6] - Basic earnings per share were CNY -0.0266, down from CNY 0.19 in the same period last year[6] - Total operating revenue for Q3 2020 was CNY 210,234,393.42, an increase of 7.3% compared to CNY 195,039,786.25 in Q3 2019[26] - Net profit for the first three quarters of 2020 was CNY 4,057,743.88, compared to CNY 7,006,799.74 in the same period of 2019, indicating a decline of 42.9%[26] - The company reported a total profit of ¥14,232,890.51 for Q3 2020, compared to ¥17,483,664.29 in Q3 2019, indicating a decline of approximately 18.5%[28] - The company reported a total comprehensive income of ¥12,851,424.77 for Q3 2020, compared to ¥15,538,559.78 in Q3 2019, reflecting a decrease of approximately 17.3%[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,736,347,536.84, a decrease of 4.53% compared to the end of the previous year[6] - Total assets decreased to ¥1,736,347,536.84 from ¥1,818,729,556.53, a decline of approximately 4.52%[18] - The company's total assets as of September 30, 2020, were CNY 1,657,436,630.36, down from CNY 1,727,725,806.46 at the end of 2019[23] - Total liabilities increased slightly to ¥859,249,997.87 from ¥840,262,644.81, indicating a stable leverage position[18] - Total liabilities decreased to CNY 834,384,936.81 from CNY 889,949,972.31 year-over-year, a reduction of 6.2%[23] - The total liabilities as of September 30, 2020, were ¥942,618,172.21, remaining stable compared to the previous period[43] Cash Flow and Expenditures - Cash and cash equivalents decreased by 49.43% to ¥146,472,933.48 from ¥289,646,850.21 due to increased cash expenditures related to operating activities[11] - Cash paid for purchasing goods and receiving labor services rose by 55.22% to ¥598,269,937.05 from ¥385,444,121.02, indicating higher operational costs[12] - Cash paid for debt repayment increased by 115.20% to ¥251,888,000.00 from ¥117,050,000.00, reflecting a focus on reducing long-term liabilities[12] - The net cash flow from operating activities for the first three quarters of 2020 was -149,313,440.14, worsening from -46,787,374.82 in the previous year[35] - The total operating cash outflow for the first three quarters of 2020 was 771,332,520.60, compared to 597,037,629.62 in the same period of 2019, reflecting increased operational costs[35] - The net cash flow from financing activities for Q3 2020 was ¥34,207,041.13, a decrease of 68.7% compared to ¥109,234,753.08 in Q3 2019[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 34,985[9] - The largest shareholder, Wang Shichao, held 8,383,500 shares, accounting for 5.85% of the total shares[9] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 284,337.86 during the reporting period[8] - The company reported a total of CNY 191,602.57 in non-recurring gains and losses for the period[8] Operational Costs and Expenses - Management expenses increased by 41.88% to ¥44,188,678.11 from ¥31,145,490.13, mainly due to higher management costs at subsidiaries[12] - Other income surged by 339.03% to ¥1,617,652.85 from ¥368,460.32, driven by contributions from consolidated subsidiaries[12] - Non-operating income increased by 430.44% to ¥1,996,655.86 from ¥376,418.41, reflecting improved performance from subsidiaries[12] Research and Development - Research and development expenses for the first three quarters of 2020 were CNY 7,487,497.30, compared to CNY 6,783,969.01 in the same period of 2019, indicating an increase of 10.4%[26]