RocKontrol(SH:688051)2020-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 409,876,211.17, a 37.77% increase compared to the same period last year[6]. - Net profit attributable to shareholders increased by 107.76% year-on-year to CNY 88,278,554.01[6]. - Basic and diluted earnings per share rose by 62.34% to CNY 1.25[7]. - The net profit for the first three quarters of 2020 was CNY 75,126,770.70, significantly up from CNY 22,448,273.14 in the same period of 2019, showing a growth of approximately 234.5%[27]. - The company anticipates a significant increase in net profit for the full year 2020, although this projection carries some uncertainty[17]. Assets and Liabilities - Total assets increased by 100.64% year-on-year to CNY 1,821,255,292.23[6]. - The total liabilities increased significantly, with current liabilities rising by 309.09% to ¥103,500,000.00, mainly due to the reclassification of long-term borrowings[15]. - The total assets as of September 30, 2020, amounted to CNY 1,418,021,863.54, compared to CNY 435,870,952.94 at the same time last year, reflecting a growth of about 225.5%[26]. - The total liabilities as of September 30, 2020, were CNY 258,047,309.33, an increase from CNY 196,929,330.33 in the previous year, representing a growth of approximately 31.0%[27]. - Total liabilities reached ¥424,332,903.80, with current liabilities at ¥290,263,753.65[44]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY -116,045,582.14, compared to CNY -55,268,498.23 in the previous year[6]. - Cash received from government subsidies increased by 873.56% to CNY 59,618,351.65 compared to the same period last year[16]. - The company’s cash flow from investment activities surged to CNY 1,695,800,000.00, a significant increase from CNY 23,170,000.00 in the previous year, primarily due to increased purchases of structured deposits[16]. - Cash inflow from operating activities for the first three quarters of 2020 was CNY 315,779,412.39, compared to CNY 251,255,837.51 in the same period of 2019, representing a year-over-year increase of approximately 25.6%[36]. - The total cash outflow for operating activities in the first three quarters of 2020 was CNY 453,021,902.17, compared to CNY 196,354,085.43 in the same period of 2019, indicating increased operational expenditures[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 5,665[10]. - The largest shareholder, Shanghai Baiyu Information Technology Co., Ltd., holds 31.63% of the shares[11]. - The company reported a total equity of CNY 1,159,974,554.21 as of September 30, 2020, compared to CNY 238,941,622.61 in the previous year, reflecting a growth of approximately 384.5%[27]. Research and Development - Research and development expenses accounted for 15.18% of operating revenue, an increase of 4.56 percentage points[7]. - Research and development expenses increased by 42.92% to ¥45,152,481.97, indicating a focus on innovation and product development[15]. - Research and development expenses for Q3 2020 were CNY 22,906,913.87, up from CNY 12,042,874.02 in Q3 2019, indicating an increase of about 90.1%[29]. Government Subsidies - The company received government subsidies totaling CNY 5,357,884.57 during the reporting period[8]. - Cash received from government subsidies increased by 873.56% to CNY 59,618,351.65 compared to the same period last year[16]. Investment Activities - The company raised CNY 982,360,540.00 through its public offering in 2020, marking a 513.98% increase from CNY 160,000,000.00 in the previous year[17]. - The company received CNY 982,360,540.00 from investment absorption in Q3 2020, compared to CNY 160,000,000.00 in Q3 2019, reflecting strong investor confidence[40].