家家悦(603708) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders reached ¥388,716,281.12, representing a 10.63% increase year-over-year[18]. - Operating revenue for the first nine months was ¥13,762,845,731.70, a growth of 22.17% compared to the same period last year[18]. - Basic earnings per share rose to ¥0.64, up 10.34% from the previous year[21]. - The weighted average return on equity improved to 12.93%, an increase of 0.3 percentage points[21]. - The net profit after deducting non-recurring gains and losses was ¥375,188,427.10, a 12.18% increase year-over-year[18]. - Total operating revenue for Q3 2020 reached ¥4,516,742,664.98, an increase of 12.9% compared to ¥3,999,894,890.21 in Q3 2019[58]. - Net profit for Q3 2020 was ¥93,465,327.84, a decrease of 24.7% from ¥124,025,954.91 in Q3 2019[62]. - The total comprehensive income for the period attributable to the parent company was CNY 100,965,866.81, compared to CNY 125,245,270.85 in the same period last year[65]. - The operating profit for Q3 2020 was CNY 98,595,951.57, up from CNY 75,452,616.68 in Q3 2019, reflecting a growth of approximately 30.7%[71]. Assets and Liabilities - Total assets increased to ¥9,865,456,487.49, up 16.00% from the previous year[18]. - The company's cash and cash equivalents increased by 50.09% to RMB 2,555,560,386.12 from RMB 1,702,686,167.33 due to increased cash flow from operating activities and the issuance of convertible bonds[32]. - Total current assets increased to ¥5,420,665,841.84, up from ¥4,513,616,735.27 as of December 31, 2019, representing a growth of approximately 20%[43]. - Total non-current assets reached ¥4,444,790,645.65, compared to ¥3,991,402,981.83, reflecting an increase of approximately 11%[47]. - Total liabilities rose to ¥6,561,295,705.56, compared to ¥5,434,502,879.38, representing an increase of approximately 21%[49]. - Total current liabilities increased to ¥5,940,346,198.54 from ¥5,359,861,677.72, which is an increase of about 11%[47]. - The company reported a significant increase in short-term borrowings by 228.65% to RMB 525,837,206.59 from RMB 160,000,000.00[35]. - The company reported a significant increase in contract liabilities, which rose to ¥1,625,946,837.75, reflecting growth in customer prepayments[89]. Cash Flow - Net cash flow from operating activities amounted to ¥840,823,708.19, reflecting a 12.71% increase year-over-year[18]. - Cash inflow from operating activities was 12,657,072,200.81, compared to 11,162,022,904.30 in the previous period, showing an increase of approximately 13.4%[78]. - Cash inflow from investment activities totaled 1,130,614,064.79, significantly up from 115,802,857.10, indicating a growth of over 875%[76]. - Cash outflow from investment activities was 1,676,086,776.03, compared to 756,713,260.36 in the previous period, reflecting an increase of approximately 121%[76]. - Net cash flow from financing activities was 488,658,659.24, a turnaround from a negative cash flow of -66,436,527.77 in the previous period[80]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,565[27]. - The largest shareholder, Jiajiayue Holding Group Co., Ltd., holds 58.64% of the shares[28]. - Shareholders' equity increased to ¥3,304,160,781.93 from ¥3,070,516,837.72, reflecting a growth of about 8%[49]. Investment and Expenses - The company received government subsidies amounting to ¥8,266,174.56 during the reporting period[21]. - The company’s investment income rose significantly by 1,795.43% to RMB 11,197,441.04 from a negative RMB 660,449.54, mainly due to increased cash management income[35]. - The company reported a financial expense of CNY 5,909,499.34 in Q3 2020, a significant increase from a negative financial expense of CNY -5,870,020.07 in Q3 2019[68]. - The company reported a significant increase in sales expenses, which reached ¥770,703,211.99 in Q3 2020, up from ¥608,307,684.05 in Q3 2019, reflecting a rise of 26.7%[58]. Future Outlook - The company anticipates continued growth in revenue and market expansion in the upcoming quarters, driven by new product launches and strategic initiatives[58]. - The company is in the process of a non-public offering of A-shares, pending approval from the China Securities Regulatory Commission[38].