RAYNEN(603933)2020-10-28 16:00Financial Performance - Operating income for the period was CNY 1,073,060,146.46, representing a decrease of 2.34% compared to the same period last year[6]. - Net profit attributable to shareholders of the listed company was CNY 16,644,269.11, a decline of 54.10% year-on-year[6]. - Basic earnings per share were CNY 0.0827, a decrease of 54.11% from the previous year[6]. - The weighted average return on net assets was 1.61%, a decrease of 1.85 percentage points year-on-year[6]. - The company reported a significant drop in net profit after deducting non-recurring gains and losses, which was CNY 3,449,476.74, down 85.56% year-on-year[6]. - The net profit attributable to the parent company decreased by 54.10% to ¥16,644,269.11 compared to the same period last year[11]. - The total profit for the first three quarters of 2020 was CNY 13.03 million, a decrease of 61.5% from CNY 33.81 million in the same period of 2019[29]. - The net profit for the first three quarters of 2020 was ¥2,251,232.26, compared to ¥9,495,723.55 in the same period of 2019, representing a decline of approximately 76.3%[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,379,401,878.74, a decrease of 3.14% compared to the end of the previous year[6]. - Total liabilities as of September 30, 2020, were ¥173,979,885.08, compared to ¥171,178,686.01 at the end of 2019, indicating a 1.6% increase[22]. - Total assets as of September 30, 2020, amounted to ¥1,071,504,248.67, a decrease from ¥1,077,614,953.60 at the end of 2019[22]. - The total assets of the company stood at CNY 1,424,116,542.09, with total liabilities at CNY 378,512,018.29, reflecting a stable financial position[40]. - Total liabilities were CNY 171,178,686.01, with current liabilities at CNY 171,178,686.01 and no non-current liabilities reported[44]. Cash Flow - Net cash flow from operating activities was CNY 25,862,450.00, down 61.22% compared to the previous year[6]. - Operating cash flow for the first three quarters of 2020 was ¥25,862,450.00, down from ¥66,691,320.23 in 2019, indicating a decrease of about 61.2%[32]. - The company reported cash inflow from operating activities totaling ¥1,064,735,848.52 for the first three quarters of 2020, down from ¥1,121,079,089.97 in 2019[32]. - The total cash inflow from financing activities was ¥469,958,385.17 in 2020, a decrease from ¥513,932,745.93 in 2019[33]. - The company’s cash outflow for financing activities was ¥504,454,961.58, down from ¥617,598,481.87 in the previous year, reflecting improved cash management[33]. Shareholder Information - Total number of shareholders reached 15,258[9]. - The largest shareholder, Ruineng Industrial Co., Ltd., holds 67.28% of shares[9]. - The chairman indirectly holds a total of 68.96% of the company's shares through related entities[9]. Other Financial Metrics - Non-recurring gains and losses totaled CNY 3,502,190.15 for the period, with a cumulative amount of CNY 13,194,792.37 for the year-to-date[7]. - Cash and cash equivalents increased by 224.73% from the beginning of the year, totaling ¥355,797,541.31[10]. - Trading financial assets decreased by 68.59%, down to ¥120,137,456.71[10]. - Construction in progress rose by 117.85%, reaching ¥25,933,158.00[10]. - Deferred tax assets increased by 37.82%, totaling ¥26,252,167.14[10]. - Other payables increased by 71.21%, amounting to ¥33,818,285.37[10]. - Deferred tax liabilities surged by 165.44%, reaching ¥3,051,931.69[10]. - The company has implemented new revenue recognition accounting policies affecting contract liabilities[10].