Toly Bread(SH:603866)2020-10-22 16:00Financial Performance - Operating revenue for the first nine months was ¥4,371,972,748.97, representing a 6.07% increase from the same period last year[18] - Net profit attributable to shareholders of the listed company was ¥686,028,034.77, up 36.37% year-on-year[18] - Basic earnings per share for the period was ¥1.0412, a 36.37% increase from ¥0.7635 in the same period last year[21] - The company's net profit for the reporting period is expected to show significant changes compared to the same period last year, although specific figures are not disclosed[36] - Total operating revenue for Q3 2020 was CNY 1,633,092,286.64, an increase of 4.4% compared to CNY 1,563,847,266.08 in Q3 2019[55] - Net profit attributable to shareholders for Q3 2020 was CNY 268,350,298.10, representing a 34.6% increase from CNY 199,402,765.09 in Q3 2019[61] - The total profit for the first three quarters of 2020 was ¥677,012,057.97, up from ¥441,436,213.51 in the same period of 2019, marking a 53.4% increase[69] Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,439,247,125.87, an increase of 4.88% compared to the end of the previous year[18] - Total liabilities decreased to CNY 804,058,028.70 from CNY 1,442,893,100.04, a reduction of about 44.3%[46] - Current liabilities totaled CNY 802,776,229.83, up from CNY 599,341,084.57, indicating an increase of approximately 33.9%[46] - Non-current liabilities totaled CNY 1,281,798.87, down from CNY 843,552,015.47, a decrease of about 99.8%[46] - The company's total current assets decreased to CNY 1,374,463,760.86 from CNY 1,718,762,701.22, a decline of about 20.0%[48] Cash Flow - The net cash flow from operating activities for the first nine months was ¥856,402,671.58, an increase of 43.60% compared to the previous year[18] - The cash flow from operating activities for the first three quarters of 2020 was ¥856,402,671.58, compared to ¥596,379,640.48 in the same period of 2019, indicating a growth of 43.5%[71] - The net cash flow from investment activities was 440,445,243.63 RMB, a turnaround from -79,571,772.32 RMB in the previous year, showcasing improved investment performance[77] - The total cash and cash equivalents at the end of the period decreased to 758,548,734.48 RMB from 1,692,584,084.05 RMB year-over-year, reflecting liquidity challenges[79] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥4,635,189,097.17, reflecting a growth of 23.83% year-on-year[18] - The total number of shareholders at the end of the reporting period was 14,026, with the top ten shareholders holding significant stakes[26] - Major shareholder Wu Xueqian held 24.34% of the shares, with a portion pledged as collateral[26] Government Support and Other Income - The company received government subsidies amounting to ¥6,673,672.88 during the reporting period, contributing to its financial performance[24] - Other income increased by 133.63%, from CNY 11,673,389.61 to CNY 27,272,045.64, primarily due to an increase in government subsidies recognized during the period[32] Expenses - Financial expenses rose significantly, with a reported amount of CNY 24,462,453.95, attributed to interest expenses from issued convertible bonds and short-term loans[32] - The company reported a 37.59% increase in income tax expenses, rising from CNY 142,255,605.31 to CNY 195,723,653.04, due to an increase in taxable profits[32] - Research and development expenses for Q3 2020 amounted to CNY 2,584,133.13, an increase from CNY 2,062,166.16 in Q3 2019[58] - Sales expenses for Q3 2020 were CNY 334,361,942.35, up from CNY 326,667,789.83 in Q3 2019, indicating a growth of 2.1%[58] - Management expenses decreased to CNY 19,987,265.31 in Q3 2020 from CNY 24,813,621.52 in Q3 2019, a reduction of 19.5%[58]