Kelida(SH:603828)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months rose by 25.86% to CNY 1,739,129,290.60 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 2.92% to CNY 38,126,940.07 compared to the same period last year[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 24.15% to CNY 30,717,355.97 compared to the same period last year[6] - Basic and diluted earnings per share increased by 14.29% to CNY 0.08[7] - Total revenue for Q3 2020 reached ¥670,079,467.56, a 26.3% increase compared to ¥530,742,310.29 in Q3 2019[30] - Net profit for Q3 2020 was ¥13,602,625.18, a 4.4% increase from ¥13,027,788.00 in Q3 2019[31] - The company's net profit attributable to shareholders for Q3 2020 was ¥11,841,273.64, a decrease from ¥13,474,989.07 in Q3 2019, representing a decline of approximately 12.1%[32] - The company reported a net profit of ¥7,672,935.48 for Q3 2020, down from ¥22,425,178.78 in Q3 2019, reflecting a decrease of approximately 65.7%[36] Assets and Liabilities - Total assets increased by 9.18% to CNY 4,359,659,109.03 compared to the end of the previous year[6] - Total liabilities amounted to CNY 2,923,903,828.70, compared to CNY 2,819,819,488.18, which is an increase of about 3.7%[26] - The balance of trading financial assets decreased by RMB 290 million, a decline of 56.86%, mainly due to a reduction in purchased bank wealth management products[15] - The accounts receivable balance decreased by RMB 1,616.84 million, a decline of 73.24%, primarily due to the implementation of new revenue recognition standards[15] - The balance of contract assets was RMB 2,009.897 million, mainly resulting from the adjustment of new revenue recognition standards[16] - The balance of intangible assets increased by RMB 150.08 million, an increase of 147.34%, mainly due to increased investment in the Xichang Tangyuan PPP project[16] - The balance of long-term borrowings increased by RMB 154.19 million, an increase of 305.33%, primarily due to increased bank loans compared to the previous year[17] - The company reported a significant decrease in accounts receivable, down CNY 1,680,300,709.72, indicating improved cash collection efforts[44] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 381,761,953.04 for the first nine months[6] - The net cash flow from investing activities decreased by RMB 810.955 million, a decline of 398.65%, mainly due to increased cash payments for the purchase of intangible assets and construction projects[18] - The net cash flow from financing activities increased by RMB 4,127.969 million, an increase of 1,341.05%, mainly due to increased bank borrowings and reduced repayments of bank loans[19] - Cash inflow from operating activities totaled 1,676,372,801.19 RMB, a slight increase from 1,614,399,916.08 RMB year-over-year[38] - Cash outflow from operating activities was 2,058,134,754.23 RMB, up from 1,958,342,653.57 RMB in the previous year, leading to a negative cash flow from operations[38] - The ending cash and cash equivalents balance was 225,391,109.31 RMB, compared to 107,886,879.09 RMB at the end of the same period last year[39] Shareholder Information - The total number of shareholders reached 13,254 by the end of the reporting period[12] - The largest shareholder, Suzhou Keli Da Group Co., Ltd., holds 33.18% of the shares, with 140,721,000 shares pledged[12] Regulatory and Strategic Initiatives - The company plans to implement a restricted stock incentive plan to enhance the management team's sense of responsibility and mission for sustainable development[20] - The company received approval from the China Securities Regulatory Commission for its non-public issuance of A-shares on October 20, 2020[21] - The company implemented new revenue recognition standards starting January 1, 2020, affecting the presentation of contract assets and liabilities[51]