XCC(SH:603667)2020-10-27 16:00Financial Performance - Net profit attributable to shareholders was ¥47,626,029.84, a decrease of 44.30% year-on-year[17]. - Operating revenue for the first nine months was ¥1,223,675,055.87, down 11.94% from the same period last year[17]. - Basic earnings per share decreased by 50.00% to ¥0.16 compared to the same period last year[17]. - The weighted average return on equity decreased by 2.34 percentage points to 2.68%[17]. - Total operating revenue for Q3 2020 was CNY 444,480,316.88, a slight increase of 2.8% compared to CNY 434,271,797.52 in Q3 2019[53]. - Net profit for Q3 2020 reached CNY 19,659,962.09, a decrease of 31.6% from CNY 28,752,461.04 in Q3 2019[56]. - The total profit for the first three quarters of 2020 was ¥48,807,729.57, a decrease of 40.5% compared to ¥82,126,259.02 in the same period of 2019[62]. - Total comprehensive income for Q3 2020 was CNY 19,352,554.52, a decrease from CNY 29,967,677.28 in Q3 2019[59]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥118,224,441.52, an increase of 18.84% year-on-year[17]. - The net cash flow from investing activities improved by 42.51%, reaching -¥97,907,255.21 compared to -¥170,308,975.48 in the previous year[28]. - The net cash flow from financing activities surged by 228.28% to ¥88,685,332.76, up from ¥27,015,125.72[28]. - The company's operating cash flow for the first three quarters of 2020 was ¥118,224,441.52, an increase from ¥99,486,070.72 in the same period of 2019[68]. - Total cash inflow from financing activities reached ¥792,606,682.78, compared to ¥528,698,379.07 in the previous year, marking an increase of about 50%[71]. - The cash received from sales of goods and services for the first three quarters of 2020 was ¥1,075,013,118.53, a decrease from ¥1,246,056,956.39 in the same period of 2019[68]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,307,864,433.72, an increase of 6.32% compared to the end of the previous year[17]. - Current assets totaled ¥1,070,216,677.68, compared to ¥864,064,548.79, reflecting a significant increase of approximately 23.9%[43]. - Non-current assets amounted to ¥1,833,790,112.65, up from ¥1,799,127,569.97, showing a growth of about 1.9%[46]. - Total liabilities increased to ¥1,429,593,889.92 from ¥1,289,032,211.48, representing a growth of approximately 10.9%[38]. - The total amount of short-term borrowings decreased to ¥336,002,775.23 from ¥452,047,754.40, a reduction of approximately 25.7%[46]. - Total liabilities reached approximately ¥1.29 billion, with current liabilities totaling ¥1.21 billion and non-current liabilities at ¥83.47 million[83]. Shareholder Information - The total number of shareholders at the end of the reporting period was 18,450[20]. - The largest shareholder, Zhang Feng, holds 23.82% of the shares, with 54,969,900 shares pledged[20]. - Total equity attributable to shareholders rose to ¥1,787,251,866.84, up from ¥1,730,229,521.44, indicating an increase of about 3.3%[41]. Expenses - The company reported a decrease in sales expenses to CNY 15,516,517.24 in Q3 2020 from CNY 17,383,548.46 in Q3 2019, a reduction of 10.7%[53]. - Financial expenses increased significantly to ¥6,837,213.83 in Q3 2020 from ¥2,205,690.74 in Q3 2019, marking a rise of 210.5%[62]. - Research and development expenses for Q3 2020 were CNY 15,035,566.86, an increase of 8.6% compared to CNY 13,844,396.39 in Q3 2019[53]. Government Support - The company received government subsidies amounting to ¥13,086,711.84 during the first nine months[17].