天马科技(603668) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months reached CNY 2,776,356,598.34, a 68.56% increase year-on-year[17] - Net profit attributable to shareholders was CNY 81,002,464.51, reflecting an 11.91% increase compared to the same period last year[17] - Basic earnings per share rose to CNY 0.24, up 9.09% from the previous year[19] - Total operating revenue for Q3 2020 reached ¥1,031,088,680.47, a 30.2% increase from ¥791,455,991.17 in Q3 2019[41] - Net profit for Q3 2020 was ¥34,094,248.29, compared to ¥30,088,502.67 in Q3 2019, reflecting a 10.0% increase[45] - The company reported a net profit attributable to shareholders of ¥24,353,311.86 in Q3 2020, up from ¥19,842,951.81 in Q3 2019[45] - The company’s total profit for the first three quarters of 2020 was ¥126,317,344.66, compared to ¥96,166,924.23 in the same period of 2019, reflecting a 31.4% increase[45] Assets and Liabilities - Total assets increased by 20.16% to CNY 3,276,092,554.46 compared to the end of the previous year[17] - The company's total assets reached CNY 3,276,092,554.46, up from CNY 2,726,383,441.04, reflecting a growth of approximately 20.2%[37] - Total liabilities increased to CNY 1,777,059,308.04, up from CNY 1,326,582,560.90 year-over-year, representing a growth of approximately 33.9%[36] - Current liabilities totaled CNY 1,722,036,539.93, compared to CNY 1,282,952,420.56 in the previous year, marking an increase of about 34.3%[36] - The total equity attributable to shareholders reached CNY 1,230,675,014.60, up from CNY 1,145,527,284.87, indicating an increase of approximately 7.4%[37] Cash Flow - Net cash flow from operating activities improved by 44.11%, reaching -CNY 55,333,673.25 for the first nine months[17] - The net cash flow from operating activities for the first three quarters of 2020 was ¥46,586,273.22, a significant improvement compared to a net outflow of ¥183,302,597.47 in the same period of 2019[54] - Total cash inflow from operating activities reached ¥919,265,426.48, up from ¥767,247,956.55 in the previous year, indicating a growth of approximately 19.7%[54] - The company reported a net cash outflow from operating activities of RMB 55.33 million in Q3 2020, an improvement from RMB 99.00 million in Q3 2019[53] Shareholder Information - The total number of shareholders reached 21,628 by the end of the reporting period[20] - The largest shareholder, Chen Qingtang, holds 25.48% of the shares, with 56,260,000 shares pledged[20] Research and Development - Research and development expenses increased by 60.17% to CNY 65,872,924.37, reflecting investment in new feed varieties and product performance improvements[25] - Research and development expenses for Q3 2020 totaled ¥18,598,526.97, a decrease from ¥65,872,924.37 in Q3 2019[43] Government Support - The company received government subsidies amounting to CNY 12,248,692.38 during the reporting period[19] - Other income increased by 94.56% to CNY 12,248,692.38, mainly due to an increase in government subsidies received[27] Financial Management - Financial expenses decreased by 51.34% to CNY 9,591,985.75, primarily due to exchange gains of CNY 2,089,900 compared to losses of CNY 8,602,700 in the previous period[27] - The company established a special scheduling and reporting mechanism for fundraising projects to ensure timely updates to the board and management[28] Inventory and Receivables - Accounts receivable increased by 95.28% to CNY 815,280,299.21 due to sales growth during the peak season[24] - Inventory levels slightly increased to CNY 362,013,273.24 from CNY 358,404,276.90, a growth of about 1.9%[39] Investment Activities - The company’s long-term equity investments decreased by 43.51% to CNY 17,238,270.48 due to losses from a subsidiary[24] - Investment income showed a significant decline of 424.89%, resulting in a loss of CNY 15,633,333.34, primarily due to losses from a subsidiary in the breeding of live ducks[27] Future Plans - The company plans to raise up to CNY 560 million through a non-public offering of A-shares, with funds primarily allocated to the construction of an eel ecological breeding base and food industry base[30]