AtHub(603881)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 651,890,071.61, up 17.05% year-on-year[17] - Net profit attributable to shareholders rose by 18.07% to CNY 110,365,961.72[17] - Basic earnings per share increased by 18.18% to CNY 0.52[17] - Total operating revenue for Q3 2020 reached ¥258.31 million, a 53% increase from ¥168.93 million in Q3 2019[49] - Net profit for Q3 2020 was ¥49.85 million, compared to ¥24.34 million in Q3 2019, representing a 104% increase[53] - Operating profit for Q3 2020 was ¥58.97 million, significantly higher than ¥26.44 million in Q3 2019, marking a 123% increase[53] - The company reported a total profit of ¥59.58 million in Q3 2020, compared to ¥26.41 million in Q3 2019, representing an increase of 126%[53] Assets and Liabilities - Total assets reached CNY 6,514,858,953.94, an increase of 74.21% compared to the end of the previous year[17] - Total liabilities increased to CNY 3,644,600,943.57 from CNY 2,636,666,810.48, representing a growth of approximately 38.2% year-over-year[40] - Total equity rose to CNY 2,870,258,010.37 from CNY 1,102,949,775.41, marking an increase of about 160.5% year-over-year[40] - Non-current assets totaled CNY 1,895,390,740.44, up from CNY 1,796,938,519.83, showing a growth of approximately 5.5% year-over-year[44] - Current liabilities increased to CNY 1,417,113,685.66 from CNY 1,277,941,476.94, reflecting a growth of approximately 10.9% year-over-year[46] Cash Flow - Cash flow from operating activities for the first nine months was CNY 239,470,802.25, an increase of 11.51% compared to the previous year[17] - The net cash inflow from operating activities for the first three quarters of 2020 was ¥609,199,760, down from ¥668,503,250 in the same period of 2019[66] - Cash inflow from operating activities totaled 957,862,493.94 CNY, down from 1,140,781,869.10 CNY year-over-year[72] - The company reported a net cash flow from financing activities of 1,928,572,184.87 CNY, an increase from 312,355,099.00 CNY in the same period last year[72] Expenses - Tax and additional fees decreased by 33.07% to ¥950,264.54 compared to ¥1,419,711.42 in the same period last year, mainly due to a reduction in operational taxes[25] - Sales expenses dropped by 63.75% to ¥1,453,579.37 from ¥4,009,714.64 year-on-year, primarily due to fewer sales activities during the reporting period[25] - Financial expenses increased by 65.68% to ¥68,662,889.58 from ¥41,442,837.33, mainly due to increased interest expenses from bank loans[25] - Research and development expenses for Q3 2020 totaled ¥8.39 million, a decrease from ¥9.12 million in Q3 2019, indicating an 8% reduction[49] - Financial expenses in Q3 2020 were ¥28.01 million, up from ¥14.66 million in Q3 2019, reflecting an increase of 91%[49] Shareholder Equity - Net assets attributable to shareholders increased by 160.91% to CNY 2,865,637,817.54[17] - The total equity attributable to shareholders reached CNY 2,865,637,817.54, up from CNY 1,098,313,206.18, representing an increase of about 161.5% year-over-year[40] - The company's retained earnings increased to CNY 594,763,993.33 from CNY 495,559,116.53, marking a growth of approximately 20.0% year-over-year[40] Investment Activities - The company invested 104,213,197.58 CNY in fixed assets, intangible assets, and other long-term assets, down from 181,703,539.76 CNY in the previous year[72] - The total cash flow from investment activities was -187,363,197.58 CNY, reflecting a decrease from -616,800,539.76 CNY year-over-year[72]