COPTON(SH:603798)2020-10-27 16:00Financial Performance - Net profit attributable to shareholders rose by 10.28% to CNY 89,451,109.07 for the first nine months of the year[6]. - Revenue for the first nine months decreased by 2.09% to CNY 731,693,199.77 compared to the same period last year[6]. - Basic earnings per share increased by 4.65% to CNY 0.45[6]. - Total operating revenue for Q3 2020 was ¥234,975,725.28, a decrease of 4.9% compared to ¥245,883,237.09 in Q3 2019[24]. - Net profit for the first three quarters of 2020 was ¥731,693,199.77, a decrease of 2.1% from ¥747,295,173.99 in the same period of 2019[24]. - The net profit for Q3 2020 was CNY 23.21 million, up 80.5% from CNY 12.92 million in Q3 2019[26]. - The total profit for Q3 2020 reached CNY 27.40 million, an increase of 87.5% compared to CNY 14.60 million in Q3 2019[26]. - The company's basic earnings per share for Q3 2020 was CNY 0.12, compared to CNY 0.07 in Q3 2019, reflecting a growth of 71.4%[26]. - The operating profit for Q3 2020 was CNY 27.14 million, significantly higher than CNY 17.83 million in Q3 2019, marking a 52.5% increase[26]. Assets and Liabilities - Total assets increased by 8.13% to CNY 1,142,660,027.28 compared to the end of the previous year[6]. - Total assets as of September 30, 2020, amounted to CNY 1,142,660,027.28, an increase from CNY 1,056,724,639.35 at the end of 2019[19]. - Total liabilities increased to CNY 152,140,788.16 from CNY 134,959,467.92, reflecting a rise of 12.00%[19]. - The company's equity attributable to shareholders increased to CNY 991,940,608.86 from CNY 923,948,959.33, an increase of 7.36%[19]. - Total liabilities increased to ¥269,261,176.11 from ¥129,235,981.68, reflecting a growth of 108% year-over-year[22]. - The total amount of accounts payable was approximately $76.06 million, with employee compensation payable at $1.55 million[42]. Cash Flow - Operating cash flow increased significantly by 202.03% to CNY 180,576,507.07 year-to-date[6]. - Cash flow from operating activities for the first nine months of 2020 was 180,576,507.07 RMB, up from 59,788,179.24 RMB in the same period of 2019, representing an increase of approximately 201.5%[31]. - The cash inflow from operating activities totaled 787,079,651.26 RMB, while cash outflow was 606,503,144.19 RMB, resulting in a net cash flow of 180,576,507.07 RMB[31]. - The net cash flow from operating activities for Q3 2020 was ¥128,741,085.72, an increase of 81% compared to ¥71,159,162.41 in Q3 2019[35]. - The company reported cash inflow from operating activities of ¥740,604,395.46, down 6.5% from ¥792,652,751.23 in Q3 2019[35]. Shareholder Information - The total number of shareholders reached 12,194 by the end of the reporting period[10]. - The largest shareholder, Hengjia Shike International (Hong Kong) Co., Ltd., holds 27.62% of the shares[10]. Other Financial Metrics - The weighted average return on equity improved by 0.43 percentage points to 9.34%[6]. - The company reported a government subsidy of CNY 6,354,014.63 year-to-date, contributing to non-operating income[8]. - The company has not disclosed any new product developments or market expansion strategies in this report[6]. - The company has not indicated any major changes in its future outlook or strategic initiatives during the reporting period[14]. - The company incurred a financial expense of CNY -275,551.77 in Q3 2020, an improvement from CNY -748,937.23 in Q3 2019[27]. - The company reported a credit impairment loss of CNY 679,030.93 in Q3 2020, a decrease from CNY 1,111,140.99 in Q3 2019[25].