Bayi Space(SH:688181)2020-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 50.35% to CNY 13,296.69 million for the first nine months of the year[7] - Operating revenue for the first nine months reached CNY 44,824.41 million, a 40.60% increase year-on-year[7] - Basic and diluted earnings per share rose by 13.11% to CNY 1.38 per share[8] - Total operating revenue for Q3 2020 reached ¥164,576,222.31, a 45% increase from ¥113,614,671.34 in Q3 2019[25] - Net profit for Q3 2020 was ¥48,477,468.50, representing a 56.6% increase compared to ¥30,921,355.24 in Q3 2019[26] - The total profit for Q3 2020 was ¥57,218,730.08, up 56.6% from ¥36,547,692.13 in Q3 2019[27] - The total net profit for the first three quarters of 2020 was ¥132,966,893.19, a 50.4% increase compared to ¥88,437,051.27 in the first three quarters of 2019[26] Assets and Liabilities - Total assets increased by 5.55% to CNY 182,727.63 million compared to the end of the previous year[7] - The company’s total assets increased to ¥1,827,276,266.26 from ¥1,731,166,752.62, reflecting overall growth[19] - The company’s total liabilities decreased to CNY 177,075,132.34 from CNY 179,206,380.99 year-over-year[23] - Total equity attributable to shareholders increased to CNY 1,650,118,051.09, up from CNY 1,551,960,371.63 in the previous year[23] - Total current assets reached CNY 1,437,939,495.90, an increase from CNY 1,369,740,145.95[22] - Total liabilities amounted to ¥179,206,380.99, with current liabilities at ¥146,621,006.67[41] - Total equity reached ¥1,551,960,371.63, reflecting a strong capital base[44] Cash Flow - The net cash flow from operating activities increased by 18.55% to CNY 9,591.61 million compared to the same period last year[7] - Cash flow from operating activities for the first three quarters of 2020 was ¥95,916,126.90, compared to ¥80,908,814.24 in the same period of 2019, indicating a 19% increase[34] - The company reported a net cash outflow from investing activities of ¥1,057,414,327.73, primarily due to increased purchases of bank wealth management products[16] - The company reported a net cash flow from investment activities of -¥1,057,414,327.73 for the first three quarters of 2020, compared to -¥94,008,214.10 in the same period of 2019[35] - The total cash and cash equivalents at the end of the period decreased to ¥15,205,091.19 from ¥34,995,934.06, reflecting a decline of 56.6%[37] Research and Development - Research and development expenses accounted for 5.19% of operating revenue, a decrease of 0.23 percentage points[8] - Research and development expenses increased by 34.60% to ¥23,253,617.53, due to higher personnel costs and investment in R&D equipment[15] - Research and development expenses for Q3 2020 amounted to ¥9,674,603.71, a 35% increase from ¥7,174,349.09 in Q3 2019[25] Shareholder Information - The total number of shareholders reached 7,339 by the end of the reporting period[11] - The largest shareholder, Zhao Lei, holds 20.38% of the shares, totaling 19,657,052 shares[11] Government Support - The company received government subsidies amounting to CNY 6,211,590.74 for the first nine months[9] Inventory and Costs - Inventory increased by 50.50% to ¥220,834,167.92, driven by a rise in sales and strategic stockpiling of raw materials[15] - Operating costs rose by 42.60% to ¥229,884,813.71, reflecting increased sales volume[15]