Autel(SH:688208)2020-10-26 16:00Financial Performance - Operating revenue for the first nine months was CNY 1,073,458,932.31, representing a year-on-year increase of 27.78%[11] - Net profit attributable to shareholders was CNY 319,101,047.79, up 34.34% from the previous year[11] - Basic and diluted earnings per share were both CNY 0.73, an increase of 23.73% year-on-year[13] - Total revenue for Q3 2020 reached ¥478,417,714.78, a 55.6% increase from ¥307,308,698.52 in Q3 2019[49] - Net profit for Q3 2020 was ¥160,081,819.43, compared to ¥99,438,893.47 in Q3 2019, reflecting a 61% increase[56] - The company's operating revenue for Q3 2020 reached CNY 426.77 million, a 42% increase from CNY 300.73 million in Q3 2019[62] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,974,374,599.75, an increase of 97.35% compared to the previous year[11] - The company's total liabilities amounted to CNY 565,909,867.93, compared to CNY 342,019,207.24, reflecting an increase of about 65.8%[42] - The total current liabilities rose to CNY 499,148,965.70, compared to CNY 180,424,885.59 in the previous year, marking an increase of about 176.5%[42] - The company reported a total non-current asset value of CNY 516,388,754.45, up from CNY 422,127,971.81, indicating an increase of approximately 22.4%[39] - The company's total assets decreased by CNY 1.27 million due to credit impairment losses in Q3 2020[62] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 471,933,474.33, a significant increase of 234.80% compared to the same period last year[11] - Cash inflow from operating activities for the first three quarters of 2020 was CNY 1,238,375,143.76, an increase of 25.7% compared to CNY 985,238,867.25 in the same period of 2019[67] - Net cash flow from operating activities surged by 234.80% to CNY 471,933,474.33 from CNY 140,960,540.92, driven by increased sales collections and faster turnover of working capital[31] - Cash inflow from investment activities totaled CNY 948,916,433.13 in the first three quarters of 2020, compared to CNY 350,208,690.99 in 2019, marking an increase of 170.5%[69] - Cash inflow from sales of goods and services in Q3 2020 was CNY 973,482,953.00, an increase of 33.5% from CNY 729,234,229.85 in Q3 2019[73] Research and Development - The proportion of R&D investment to operating revenue increased by 3.24 percentage points to 17.61%[13] - Research and development expenses rose by 60.25% to CNY 178,999,293.65 compared to CNY 111,701,329.44, reflecting increased investment in R&D[28] - Research and development expenses for Q3 2020 were ¥68,883,811.54, a 62.5% increase from ¥42,444,725.18 in Q3 2019[53] - Research and development expenses increased to CNY 27.26 million in Q3 2020, compared to CNY 18.21 million in Q3 2019, reflecting a 50% rise[62] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to CNY 2,408,464,731.82, reflecting a growth of 106.71% year-on-year[11] - The total number of shareholders at the end of the reporting period was 5,512, with the largest shareholder holding 37.72% of the shares[21] - The company's equity attributable to shareholders reached CNY 2,408,464,731.82, a substantial rise from CNY 1,165,169,758.44, representing an increase of approximately 106.7%[44] Other Financial Metrics - The weighted average return on net assets decreased by 7.09 percentage points to 15.19%[13] - The company experienced a 108.57% rise in income tax expenses, totaling CNY 22,369,702.50, due to increased profits[31] - The company reported non-operating income of CNY 29,069,868.73 for the first nine months[19] - The company’s investment income decreased by 83.25% to CNY -677,789.21, primarily due to changes in foreign exchange forward transactions and structured financial product returns[31]