Lettall Electronic(SH:603629)2020-10-28 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥33,161,193.70, a decrease of 33.91% year-on-year[18]. - Basic and diluted earnings per share were both ¥0.33, down 34.00% from the previous year[21]. - The company’s net profit after deducting non-recurring gains and losses was ¥30,966,213.80, a decrease of 28.80% year-on-year[18]. - The net profit for the period was 32,081,657.91, a decrease of 36.06% compared to 50,172,158.77 in the previous year, attributed to increased costs and donations[30]. - The company’s operating profit for the current period is 13,303,610.23 CNY, an increase from 10,417,795.20 CNY in the previous period, representing a growth of approximately 27.0%[63]. - The net profit for the current period is 13,142,323.46 CNY, compared to 7,648,201.29 CNY in the same period last year, indicating a year-over-year increase of about 72.7%[66]. - The total profit for the current period is 14,093,975.74 CNY, compared to 10,439,012.23 CNY in the previous period, reflecting an increase of approximately 34.0%[66]. Revenue and Cash Flow - Operating revenue for the first nine months was ¥1,108,382,083.26, reflecting a growth of 5.70% compared to the same period last year[18]. - Cash flow from operating activities decreased by 44.36% to 100,432,193.62 from 180,509,767.66, mainly due to a reduction in received acceptance bills[30]. - The total revenue from operating activities is 827,692,152.80 CNY, down from 911,376,266.15 CNY in the previous year, reflecting a decrease of approximately 9.2%[68]. - The cash inflow from operating activities was 922,298,434.38 RMB, down from 1,146,237,218.22 RMB in the previous year, reflecting a decline in sales performance[74]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,027,182,653.82, an increase of 1.46% compared to the end of the previous year[18]. - The company’s total liabilities decreased by 48.87% for non-current liabilities due within one year, dropping to 921,881.85 from 1,802,938.53, due to the repayment of previous financing lease liabilities[28]. - Total liabilities rose to CNY 1,026,942,737.97 from CNY 1,015,648,945.89, an increase of about 1.3%[42]. - Current assets decreased to CNY 1,500,765,546.28 from CNY 1,546,872,981.97, a decline of about 3.0%[44]. - Non-current assets increased to CNY 526,417,107.54, compared to CNY 451,056,491.86, reflecting a growth of approximately 16.7%[44]. - Shareholders' equity totaled CNY 1,000,239,915.85, up from CNY 982,280,527.94, indicating an increase of approximately 1.0%[44]. Investments and Expenses - The company invested 10,000,000 in Wuxi Yourong Microelectronics Co., marking a 100% increase from 0 in the previous period[30]. - Research and development expenses for Q3 2020 were ¥13,802,120.64, slightly up from ¥12,467,475.75 in Q3 2019[54]. - Research and development expenses increased to 16,210,844.21 CNY from 12,467,475.75 CNY, marking a rise of about 30.0%[63]. - The company reported other income of 307,560.09 CNY, down from 1,491,848.15 CNY, indicating a decrease of about 79.4%[63]. Shareholder Information - The total number of shareholders at the end of the reporting period was 9,061[22]. - The company received government subsidies amounting to ¥775,560.09 during the reporting period[21]. Cash Management - The company reported a net cash increase of -38,786,785.38 RMB for the quarter, compared to -259,343,116.31 RMB in the same period last year, indicating a positive trend in cash management[77]. - Cash inflow from investment activities totaled 209,706,233.30 RMB, significantly higher than 130,449,883.56 RMB in the previous year, reflecting improved investment recovery[74]. - Cash outflow from investment activities was 213,406,618.76 RMB, compared to 290,273,631.92 RMB in the same period last year, showing a reduction in investment spending[74].