CCG(SH:605099)2020-10-29 16:00Financial Performance - Operating income for the first nine months was RMB 1,343,201,249.14, representing a growth of 15.02% compared to the same period last year[18]. - Net profit attributable to shareholders of the listed company was RMB 313,866,632.20, up 48.39% year-on-year[18]. - Basic earnings per share increased by 47.46% to RMB 0.87 compared to RMB 0.59 in the previous year[20]. - The weighted average return on net assets rose to 30.40%, an increase of 2.63 percentage points from the previous year[20]. - The company reported a net profit margin improvement, with net profit for the first three quarters of 2020 reaching RMB 324,035,000, compared to RMB 240,000,000 for the same period in 2019, an increase of approximately 35%[52]. - The net profit attributable to the parent company was CNY 133,682,320.99, an increase from CNY 99,650,859.49 in the previous period, representing a growth of approximately 34.4%[57]. - Total comprehensive income amounted to CNY 121,135,558.75, compared to CNY 106,689,679.00 in the previous period, reflecting an increase of about 13.5%[57]. - The total profit reached CNY 143,000,537.03, compared to CNY 116,656,144.07 in the previous period, marking an increase of approximately 22.6%[56]. Assets and Liabilities - Total assets at the end of the reporting period reached RMB 2,099,199,831.96, an increase of 62.58% compared to the end of the previous year[18]. - The company's total current assets reached RMB 1,404,387,066.61, compared to RMB 562,774,430.13 in the previous year, indicating an increase of about 149.8%[40]. - The company's total liabilities decreased to RMB 363,016,290.55 from RMB 373,193,526.60, showing a reduction of about 2.1%[44]. - The total equity attributable to shareholders increased significantly to RMB 1,736,183,541.41 from RMB 917,989,411.75, marking an increase of approximately 89.0%[44]. - The company's total liabilities as of September 30, 2020, were RMB 299,314,487.56, slightly up from RMB 294,314,130.84 at the end of 2019, indicating a marginal increase of about 1%[51]. Cash Flow - Net cash flow from operating activities for the first nine months was RMB 290,761,167.61, a 39.98% increase year-on-year[18]. - The company reported a significant increase in cash and cash equivalents, reaching RMB 779,476,362.34, a rise of 1698.72% compared to the previous year[24]. - The company achieved a net cash flow from operating activities of ¥290,761,167.61 in the first three quarters of 2020, compared to ¥207,710,798.43 in the same period of 2019, reflecting a 39.9% increase[64]. - The total cash inflow from financing activities reached CNY 637,989,600.00, compared to CNY 380,000,000.00 in the previous year, indicating an increase of 68%[73]. - The total cash and cash equivalents at the end of the third quarter of 2020 amounted to CNY 623,442,669.65, up from CNY 47,866,560.33 at the end of the same quarter in 2019, marking an increase of 1,002%[73]. Shareholder Information - The total number of shareholders at the end of the reporting period was 44,368[22]. - The largest shareholder, Wang Qiangxiang, holds 54.87% of the shares, totaling 219,517,200 shares[22]. Investment and Development - The company raised a total of RMB 618.99 million from its initial public offering, with a net amount of RMB 570.15 million after deducting issuance costs[28]. - The construction of the Vietnam production base project (Phase II) is currently underway, expected to gradually commence production in Q1 2021[28]. - The company plans to expand its market presence and invest in new product development to drive future growth[54]. Other Financial Metrics - The company reported non-operating income of RMB 3,342,517.38 for the first nine months[21]. - The company’s financial expenses rose significantly, reaching RMB 16,458,414.20, due to exchange rate fluctuations[26]. - The company’s other income surged by 3043.39% to RMB 11,818,005.91, mainly from increased government subsidies[26]. - The company reported a decrease in sales expenses to ¥9,520,148.38 in Q3 2020, down from ¥16,653,701.60 in Q3 2019, indicating a 42.4% reduction[61].