Lily Group(SH:603823)2020-10-27 16:00Financial Performance - Revenue for the first nine months decreased by 4.46% to CNY 1,420,685,173.19 compared to the same period last year[5] - Net profit attributable to shareholders increased by 1.29% to CNY 176,993,493.31 year-on-year[5] - Basic earnings per share decreased by 28.21% to CNY 0.56[6] - The weighted average return on equity decreased by 0.84 percentage points to 10.76%[6] - Total operating revenue for Q3 2020 was CNY 515,450,423.72, an increase of 8.1% compared to CNY 476,610,606.26 in Q3 2019[22] - Net profit for the first three quarters of 2020 was CNY 1,125,601.78, slightly down from CNY 1,147,924.20 in the same period of 2019[22] - The net profit attributable to shareholders for Q3 2020 was CNY 73.78 million, compared to CNY 61.15 million in Q3 2019, reflecting a year-over-year increase of about 20.6%[25] - The total profit for Q3 2020 reached CNY 98.53 million, up from CNY 82.01 million in the same period last year, marking an increase of approximately 20.2%[24] Assets and Liabilities - Total assets increased by 2.01% to CNY 2,835,682,338.07 compared to the end of the previous year[5] - Total liabilities decreased to CNY 768,559,121.38 as of September 30, 2020, from CNY 834,262,041.69 at the end of 2019, a reduction of 7.87%[20] - The company's total assets amounted to RMB 2,835,682,338.07, up from RMB 2,779,698,644.91 at the beginning of the year[16] - The total assets of the company as of September 30, 2020, were CNY 2,779,698,644.91, unchanged from the previous year[37] - Total liabilities amounted to CNY 834,262,041.69, with current liabilities at CNY 761,616,219.00[42] - Shareholders' equity totaled CNY 1,431,476,526.15, reflecting a strong capital base[42] Cash Flow - Operating cash flow increased by 47.63% to CNY 180,746,222.15 for the first nine months of the year[5] - The net cash flow from operating activities for the first nine months of 2020 was CNY 180,746,222.15, an increase from CNY 122,432,074.65 in the same period of 2019, indicating a growth of about 47.5%[31] - The net cash flow from operating activities in Q3 2020 was CNY 91,651,701.23, compared to CNY 74,916,390.60 in Q3 2019, reflecting a year-over-year increase of approximately 22.3%[34] - Cash inflow from financing activities in Q3 2020 totaled CNY 190,000,000.00, an increase from CNY 140,000,000.00 in Q3 2019, representing a growth of 35.7%[34] Shareholder Information - The total number of shareholders reached 14,535 at the end of the reporting period[8] - The largest shareholder, Baihehua Holdings, holds 64.45% of the shares[8] Expenses and Costs - Total operating costs for Q3 2020 were CNY 429,930,119.98, up from CNY 397,826,684.58 in Q3 2019, reflecting a year-over-year increase of 8.1%[22] - The income tax expense for Q3 2020 was CNY 15.46 million, up from CNY 12.68 million in Q3 2019, indicating a rise of approximately 21.8%[24] - Financial expenses recorded a significant increase, reaching RMB 5,087,537.00, primarily due to exchange rate losses[10] Inventory and Receivables - Accounts receivable increased by 81.18% to RMB 5,751,367.73 due to higher bank acceptance bills received during the period[10] - Inventory decreased to CNY 311,907,883.76 as of September 30, 2020, down from CNY 352,986,263.81 at the end of 2019, a decline of 11.6%[19] - The company reported a decrease in accounts receivable to CNY 300,020,022.25 as of September 30, 2020, from CNY 256,741,206.22 at the end of 2019, an increase of 16.8%[19] Non-Operating Income - Non-operating income from government subsidies amounted to CNY 20,553,158.45 for the first nine months[6] - The total revenue from non-operating income for Q3 2020 was CNY 8,757,568.63, significantly higher than CNY 3,429,038.42 in Q3 2019, indicating an increase of about 155.5%[29]