JCT(SH:603657)2020-10-26 16:00Financial Performance - Operating revenue for the first nine months reached CNY 557,459,522.91, a 39.36% increase year-on-year[6] - Net profit attributable to shareholders increased by 23.48% to CNY 93,880,231.40 for the first nine months[6] - Basic and diluted earnings per share rose by 22.81% to CNY 0.70[7] - Total operating revenue for Q3 2020 reached ¥256,238,415.41, a 64.5% increase from ¥155,774,675.73 in Q3 2019[28] - Net profit for Q3 2020 was ¥45,096,846.76, representing a 48.3% increase compared to ¥30,436,412.07 in Q3 2019[29] - The company reported a total profit of ¥52,234,902.00 for Q3 2020, up from ¥35,470,732.39 in Q3 2019, indicating a 47.3% increase[29] - The total comprehensive income for Q3 2020 was ¥39,682,417.31, compared to ¥26,679,326.97 in Q3 2019, indicating a significant increase[35] Asset Management - Total assets increased by 13.94% to CNY 1,135,012,270.42 compared to the end of the previous year[6] - The company’s total assets reached ¥954,030,653.62 in Q3 2020, compared to ¥898,405,182.14 in Q3 2019, reflecting a 6.2% increase[28] - Current assets totaled CNY 850,436,309.28, up from CNY 753,565,028.15, indicating an increase of about 12.87% year-over-year[20] - The company’s fixed assets increased by 41.50% to ¥170,528,541.99, attributed to higher investments in fixed assets[15] - Total non-current assets totaled CNY 284,575,961.14, up from CNY 242,604,116.04, indicating an increase of approximately 17.30%[21] Liabilities and Equity - Total liabilities increased to CNY 219,316,565.30 from CNY 124,130,253.56, representing a rise of about 76.66%[22] - Shareholders' equity rose to CNY 915,695,705.12 from CNY 872,038,890.63, an increase of approximately 4.99%[22] - The company reported a significant increase in accounts payable, which rose to CNY 122,029,297.97 from CNY 57,576,232.64, a growth of about 112.00%[21] - The total liabilities as of Q3 2020 were ¥76,109,063.97, compared to ¥56,552,777.78 in Q3 2019, reflecting a 34.7% increase[28] Cash Flow - Net cash flow from operating activities decreased by 77.21% to CNY 26,418,478.36 compared to the same period last year[6] - Cash inflow from operating activities totaled CNY 466,945,453.95, an increase from CNY 452,277,927.75 in the previous quarter, reflecting a growth of approximately 3%[38] - Net cash outflow from investing activities was CNY -118,804,504.22, a significant decrease compared to a net inflow of CNY 234,397,329.34 in the previous quarter[39] - The company reported a net cash flow from financing activities of CNY -48,035,433.78, compared to CNY -99,126,795.10 in the previous quarter, showing an improvement of approximately 52%[39] Research and Development - Research and development expenses increased by 76.73% to ¥19,573,677.77, primarily due to higher R&D investments by the subsidiary Suzhou Kaihong[17] - Research and development expenses for Q3 2020 amounted to ¥8,384,521.15, a 97.5% increase from ¥4,256,085.92 in Q3 2019[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,151[12] - The largest shareholder, Zhejiang Chunguang Holding Co., Ltd., holds 46.88% of the shares[12] Other Financial Metrics - The weighted average return on equity increased by 1.37 percentage points to 10.46%[7] - The company reported government subsidies of CNY 3,757,900.00 for the current period[9] - The company has not disclosed any new product developments or market expansion strategies in this report[6]