SRX(SH:605168)2020-10-22 16:00Financial Performance - Operating revenue for the first nine months was ¥1,836,988,974.87, representing a 66.40% increase from the same period last year[18] - Net profit attributable to shareholders of the listed company was ¥182,667,948.92, up 121.77% year-over-year[18] - The company reported a net profit excluding non-recurring gains and losses of ¥174,868,572.61, which is a 130.98% increase year-over-year[18] - The company reported a net profit increase, leading to a 30.27% rise in undistributed profits to ¥340,245,842.13[30] - Net profit for Q3 2020 was ¥79,946,445.53, up from ¥37,266,612.08 in Q3 2019, reflecting a growth of approximately 114.5%[63] - The company reported a total comprehensive income of CNY 55,940,373.45 for Q3 2020, compared to CNY 33,776,538.85 in Q3 2019, an increase of 65.5%[79] - The company reported a net profit of CNY 144,121,336.80 for the first three quarters of 2020, compared to CNY 77,640,883.44 in the same period of 2019, an increase of 85.5%[76] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,997,856,470.50, an increase of 135.17% compared to the previous year-end[18] - Total liabilities amounted to ¥554,125,164.45, compared to ¥473,147,073.33 in the previous year, showing an increase[47] - The total assets as of the reporting date amounted to ¥1,976,960,221.42, compared to ¥918,380,456.88 in the previous year, marking an increase of about 115.5%[55] - The total liabilities were reported at ¥631,851,782.53, slightly up from ¥602,060,973.22 year-over-year[55] - The company's total liabilities increased significantly, with accounts payable rising by 63.22% to ¥490,974,887.56 due to increased procurement[30] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥1,443,731,306.05, reflecting a growth of 283.57% year-over-year[18] - The total number of shareholders at the end of the reporting period was 13,637[24] - The largest shareholder, Xi'an Duoduo Investment Management Co., Ltd., holds 18,316,112 shares, accounting for 26.52% of the total shares[24] - Owner's equity increased to ¥1,443,731,306.05 from ¥376,395,738.70, reflecting strong growth in shareholder value[47] Cash Flow and Investments - The net cash flow from operating activities for the first nine months was -¥316,886,756.55, compared to -¥213,639,713.49 in the previous year[18] - Cash received from sales of goods and services increased by 42.01% to ¥1,252,982,798.85, reflecting business growth[34] - Cash received from investment amounted to ¥988,267,668.43, attributed to equity investment and public offering of new shares[37] - Cash received from borrowings decreased by 56.14% to ¥25,000,000.00 due to a reduction in bank loans[37] - Cash paid for debt repayment increased by 77.55% to ¥87,000,000.00, reflecting early repayment of bank loans[37] - The cash inflow from operating activities for the first three quarters of 2020 was CNY 1,274,639,289.56, an increase of 40.5% compared to CNY 906,726,909.56 in the same period of 2019[81] - The total cash inflow from investment activities was CNY 201,577,211.37, compared to only CNY 2,530.00 in the same period of 2019[84] - The cash inflow from financing activities was CNY 1,013,267,668.43, significantly higher than CNY 67,000,000.00 in the previous year[84] Earnings and Expenses - Basic earnings per share increased to ¥3.07, a rise of 93.08% compared to the same period last year[21] - The weighted average return on net assets decreased to 20.67%, down 6.64 percentage points from the previous year[21] - Research and development expenses increased by 55.84% to ¥1,429,173.76, reflecting higher investment in R&D[34] - The total operating costs for Q3 2020 were ¥607,030,791.49, compared to ¥351,342,343.88 in Q3 2019, indicating an increase of about 72.6%[59] - The company incurred a tax expense of CNY 10,945,633.28 in Q3 2020, compared to CNY 5,515,461.10 in Q3 2019, indicating an increase in tax obligations due to higher profits[77] Growth and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[55] - The company recorded a 160.64% increase in other income to ¥20,564,257.07, primarily from government subsidies[34] - The company has shown a consistent increase in other income, with CNY 10,410,926.63 reported in Q3 2020, compared to CNY 2,467,673.93 in Q3 2019, indicating a growth of 322.5%[74]