Aurisco(SH:605116)2020-10-28 16:00Financial Performance - Net profit attributable to shareholders increased by 16.96% to CNY 140,205,001.57 for the year-to-date period[18] - Operating income rose by 24.24% to CNY 543,589,063.41 for the year-to-date period[18] - Basic earnings per share increased by 18.18% to CNY 0.39[20] - Total operating revenue for Q3 2020 was CNY 160,908,470.57, an increase from CNY 150,508,283.81 in Q3 2019, representing a growth of approximately 9.3%[53] - Net profit for Q3 2020 was CNY 37,142,083.31, compared to CNY 47,838,046.24 in Q3 2019, reflecting a decrease of approximately 22.4%[56] - The total profit for Q3 2020 was CNY 40,556,789.44, compared to CNY 52,926,970.31 in Q3 2019, reflecting a decrease of about 23.4%[56] - The company reported a comprehensive income total of CNY 36,394,097.68 for Q3 2020, down from CNY 46,654,084.84 in Q3 2019, indicating a decline of approximately 22.0%[59] Assets and Liabilities - Total assets increased by 36.68% to CNY 1,503,826,883.82 compared to the end of the previous year[18] - The total assets of the company as of the end of the reporting period were CNY 1,424,176,116.28, up from CNY 1,004,263,599.44 in the previous year, indicating a growth of approximately 41.7%[52] - Total liabilities amounted to approximately $135.70 million, an increase from $122.96 million, representing a rise of about 10.5%[42] - The company's total liabilities increased by 187.04% in other payables, amounting to RMB 1,950,920.93, due to performance guarantee deposits received by its subsidiary[31] - The company's contract liabilities reached RMB 6,616,678.80, reflecting the adjustment from previously reported prepayments under new revenue accounting standards[31] Cash Flow - Net cash flow from operating activities increased by 57.90% to CNY 204,441,555.50 for the year-to-date period[18] - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥609.68 million, an increase of 29.1% from ¥471.99 million in the same period of 2019[68] - The net increase in cash and cash equivalents for the third quarter of 2020 was ¥178,654,318.97, compared to a decrease of -¥3,189,159.47 in the same quarter of 2019[77] - The ending balance of cash and cash equivalents reached ¥381,492,319.15, significantly higher than ¥144,058,177.64 at the end of the previous year[77] - Cash inflow from financing activities totaled ¥312,284,700.00, with no previous year comparison available[75] Research and Development - The company's research and development expenses rose by 78.52% to RMB 30,955,891.67 compared to RMB 17,340,069.60, primarily due to increased R&D efforts following the merger with Tianjin Aorite[33] - R&D expenses for Q3 2020 amounted to CNY 9,448,721.07, which is an increase from CNY 5,038,679.31 in Q3 2019, showing a growth of about 87.5%[53] - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[54] Shareholder Information - The total number of shareholders reached 28,438[26] - The largest shareholder, Zhejiang Tongben Investment Co., Ltd., holds 38.30% of shares[26] Other Income and Expenses - The company received government subsidies amounting to CNY 148,895.85 during the reporting period[24] - The company reported a non-operating income of CNY 950,911.05 for the year-to-date period[24] - The company's financial expenses showed a significant change of -183.11%, reflecting currency exchange gains due to fluctuations in exchange rates[33] - The company's other comprehensive income showed a negative change of 57.63%, amounting to RMB -1,333,419.57, primarily due to foreign currency translation differences[31]