AKL(SH:603722)2020-10-26 16:00Financial Performance - Operating revenue for the period was ¥347,193,925.95, representing a decrease of 9.76% year-on-year[7] - Net profit attributable to shareholders was ¥29,930,975.28, down 2.69% from the same period last year[7] - The net profit excluding non-recurring gains and losses was ¥27,777,871.78, an increase of 1.46% year-on-year[7] - Total operating revenue for Q3 2020 was ¥121,028,616.71, a decrease of 1.12% from ¥122,398,601.40 in Q3 2019[23] - Net profit for Q3 2020 was ¥4,753,205.08, down 62.73% from ¥12,739,634.22 in Q3 2019[25] - Total profit for Q3 2020 was ¥5,351,099.83, down 64.36% from ¥14,998,325.64 in Q3 2019[25] - Net profit for the first three quarters of 2020 was ¥29,755,189.37, down 3.21% from ¥30,741,571.42 in the same period of 2019[25] Cash Flow - Net cash flow from operating activities was ¥25,569,514.88, a significant decline of 46.17% compared to the previous year[7] - The company’s cash flow from operating activities decreased by 46.17% to 25,569,514.88 RMB compared to the previous year[14] - Cash flow from operating activities for the first nine months of 2020 was CNY 25,569,514.88, compared to CNY 47,504,500.01 in the previous year, reflecting a decline of approximately 46.3%[32] - The net cash flow from investment activities for the first nine months of 2020 was -CNY 2,797,473.83, an improvement from -CNY 41,339,828.30 in the same period of 2019[32] - The net cash flow from financing activities was -¥22,919,962.50, worsening from -¥15,340,000.00 in the previous year[34] Assets and Liabilities - Total assets at the end of the reporting period reached ¥702,899,155.15, an increase of 2.36% compared to the end of the previous year[7] - Total liabilities rose to ¥148,313,891.88, compared to ¥145,306,810.69, indicating an increase of about 2.1%[21] - Owner's equity reached ¥555,243,906.20, up from ¥541,606,252.06, reflecting a growth of approximately 2.2%[21] - The total assets as of the end of Q3 2020 were ¥686,723,670.89, remaining stable compared to the previous year[36] - Total liabilities amounted to CNY 145,345,589.60, with current liabilities at CNY 139,180,111.88 and non-current liabilities at CNY 6,165,477.72[37] Shareholder Information - The company reported a total of 10,000 shareholders at the end of the reporting period[11] - The total number of shareholders is 13,119[12] - The largest shareholder, Zhu Xuejun, holds 24,300,000 shares, representing 27.63% of the total shares, with 7,900,000 shares pledged[12] Expenses - The company reported a significant increase in management expenses by 77.47% to 30,053,922.67 RMB due to higher share-based payment expenses and environmental costs[14] - Research and development expenses for Q3 2020 were ¥3,423,940.85, a decrease of 33.73% from ¥5,167,130.97 in Q3 2019[23] Inventory and Receivables - Accounts receivable increased significantly to 6,643,580.00 RMB, a 564.36% increase compared to the previous period[13] - Inventory decreased to ¥43,974,179.40 from ¥46,506,129.06, representing a decline of about 5.4%[20] Government Support - Government subsidies recognized during the period amounted to ¥490,020.96, contributing to the overall financial performance[9]