德马科技(688360) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 47.80% to CNY 27,853,533.52 year-on-year[6] - The company reported a net profit excluding non-recurring gains and losses of CNY 20,673,388.03, up 68.47% year-on-year[6] - Net profit for Q3 2020 reached ¥13,307,979.43, an increase of 185.2% from ¥4,657,717.75 in Q3 2019[27] - The company’s net profit attributable to shareholders for Q3 2020 was ¥13,307,979.43, compared to ¥4,657,717.75 in Q3 2019, representing an increase of approximately 185%[28] - The total profit for Q3 2020 was ¥16,290,391.20, an increase of 220.5% from ¥5,077,420.86 in Q3 2019[27] - The total profit for Q3 2020 was ¥3,357,170.54, compared to ¥55,289.04 in Q3 2019, showing a significant improvement[31] Revenue and Sales - Revenue for the first nine months decreased by 4.25% to CNY 458,613,513.99 compared to the same period last year[6] - Total revenue for Q3 2020 was ¥146,741,607.41, a decrease of 13.8% compared to ¥170,359,879.36 in Q3 2019[26] - Operating revenue for Q3 2020 was ¥52,965,709.66, a decrease of 11.9% from ¥59,749,120.11 in Q3 2019[30] - The total revenue from sales of goods and services received in the first three quarters of 2020 was CNY 579,894,444.71, up from CNY 537,387,243.29 in the first three quarters of 2019[34] Assets and Liabilities - Total assets increased by 102.39% to CNY 1,495,338,144.59 compared to the end of the previous year[6] - The total liabilities of the company reached CNY 644,552,652.73, up from CNY 377,131,554.40, indicating an increase of approximately 71%[19] - Total current liabilities increased to CNY 618,833,281.64 from CNY 347,922,837.20, marking an increase of approximately 78%[19] - Total assets as of Q3 2020 amounted to ¥1,250,161,751.32, compared to ¥610,605,498.68 in the same period last year, reflecting a growth of 104.5%[23] - Total liabilities increased to ¥450,235,337.00 in Q3 2020 from ¥272,889,401.42 in Q3 2019, representing a rise of 65.2%[23] Cash Flow - The net cash flow from operating activities for the first nine months was negative at CNY -47,571,682.34, a decrease of 190.50% year-on-year[6] - The net cash flow from financing activities for the first three quarters of 2020 was CNY 467,599,607.92, a significant improvement from CNY -7,714,794.67 in the previous year[38] - The company generated cash inflows from operating activities amounting to CNY 613,214,310.68, an increase of 8.9% compared to CNY 562,919,932.43 in the same period of 2019[34] - The company’s total cash outflow from operating activities in the first three quarters of 2020 was CNY 660,785,993.02, compared to CNY 510,354,315.93 in the same period of 2019[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,362[10] - The largest shareholder, Huzhou Dema Investment Consulting Co., Ltd., holds 40.04% of the shares[11] Research and Development - R&D expenditure as a percentage of revenue increased by 1.49 percentage points to 7.78%[7] - Research and development expenses for Q3 2020 were ¥11,720,747.59, slightly down from ¥12,585,401.15 in Q3 2019[27] - Research and development expenses for Q3 2020 were ¥5,544,816.23, a decrease of 24.6% from ¥7,351,836.15 in Q3 2019[30] Inventory and Receivables - Inventory surged by 214.04% to ¥435.54 million from ¥138.69 million, attributed to an increase in projects implemented that have not yet been recognized as revenue[13] - The company's accounts receivable decreased to CNY 174,779,076.11 from CNY 248,444,672.31, a decline of about 30%[17] - The company's other receivables increased by 128.72% to ¥11.35 million, mainly due to increased performance bonds and deposits related to land purchases[13] Equity and Earnings - Basic and diluted earnings per share increased by 31.03% to CNY 0.38[7] - The total equity attributable to shareholders rose to CNY 850,785,491.86 from CNY 361,693,989.56, reflecting an increase of approximately 135%[20] - The company's retained earnings increased to CNY 182,833,405.98 from CNY 154,979,872.46, reflecting a growth of about 18%[20]