Delinhai(SH:688069)2020-10-28 16:00Financial Performance - Operating revenue for the first nine months rose by 12.54% year-on-year, amounting to CNY 233,443,642.90[7] - Net profit attributable to shareholders increased slightly by 0.03% year-on-year, reaching CNY 75,325,978.61[7] - Total operating revenue for Q3 2020 was ¥102,584,828.99, an increase from ¥99,880,013.30 in Q3 2019, representing a growth of approximately 2.3%[27] - Net profit for Q3 2020 was ¥30,042,024.77, down from ¥40,485,023.64 in Q3 2019, indicating a decline of approximately 25.7%[28] - The company reported a total profit of ¥35,103,041.91 for Q3 2020, compared to ¥47,535,828.14 in Q3 2019, a decrease of approximately 26.2%[28] - The company’s operating revenue for Q3 2020 was approximately ¥94.77 million, representing a 22% increase compared to ¥77.67 million in Q3 2019[32] - Net profit for Q3 2020 was approximately ¥26.38 million, compared to ¥28.45 million in Q3 2019, reflecting a decrease of about 7%[34] Assets and Liabilities - Total assets increased by 220.71% year-on-year, reaching CNY 1,433,012,083.08[7] - Total liabilities stood at ¥137,703,657.60, slightly up from ¥132,802,361.86, indicating a marginal increase of about 4%[22] - Total assets as of Q3 2020 were ¥1,365,163,119.61, compared to ¥373,659,200.20 in the previous year, indicating a growth of about 265.5%[26] - Total liabilities as of Q3 2020 amounted to ¥124,860,111.82, compared to ¥104,854,940.62 in the previous year, showing an increase of about 19.1%[26] - Total liabilities reached CNY 132,802,361.86, with current liabilities at CNY 132,802,361.86[44] - Total equity reached 268,804,259.58, including 126,984,917.52 in undistributed profits[49] Shareholder Information - The total number of shareholders reached 3,870 by the end of the reporting period[10] - The largest shareholder, Hu Mingming, holds 38.67% of the shares, totaling 23,000,000 shares[10] - Shareholders' equity reached ¥1,295,308,425.48, a substantial increase from ¥314,027,690.09, reflecting a growth of approximately 312%[22] - Shareholders' equity totaled ¥1,240,303,007.79 in Q3 2020, significantly up from ¥268,804,259.58 in Q3 2019, marking an increase of approximately 461.5%[26] Cash Flow - The net cash flow from operating activities was negative at CNY -106,337,178.10, a decrease of 613.64% compared to the previous year[7] - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥103.28 million, a decrease from ¥195.75 million in the same period of 2019[36] - The company reported a net cash flow from operating activities of -106,056,439.44 RMB for the first three quarters of 2020, compared to 22,344,297.77 RMB in the previous year[39] - The company raised 948,300,800.00 RMB through financing activities, leading to a net cash flow of 927,742,538.00 RMB after accounting for outflows[38] Research and Development - Research and development expenses accounted for 4.03% of operating revenue, up from 3.98%[8] - Research and development expenses for Q3 2020 were ¥3,718,163.67, slightly down from ¥4,300,102.41 in Q3 2019, a decrease of about 13.5%[27] - Research and development expenses for Q3 2020 were approximately ¥3.41 million, slightly down from ¥3.78 million in Q3 2019[32] Inventory and Receivables - Accounts receivable rose by 49.04% to ¥290,869,363.41, attributed to expanded business operations and increased revenue[14] - Inventory increased by 96.83% to ¥58,348,505.61, reflecting a higher number of orders and ongoing projects[15] - Accounts receivable increased to ¥290,869,363.41 from ¥195,167,638.04, representing a rise of approximately 49%[20] - Inventory levels rose to ¥58,348,505.61, up from ¥29,643,877.78, marking an increase of around 97%[20] Capital and Investments - The capital reserve increased by 1146.91% to ¥994,641,695.99, mainly due to the increase in share premium from the IPO[16] - The company has made substantial investments in long-term equity investments, which increased to ¥43,907,800.00 from ¥33,000,000.00, representing a growth of about 33%[25] - Investment payments totaled 675,000,000.00 RMB, a substantial increase from 74,990,000.00 RMB in the previous period[40] Dividend and Profit Distribution - The company declared a cash dividend of ¥0.4 per share, totaling ¥23.788 million, as part of its 2020 semi-annual profit distribution plan[18]