Raycloud(SH:688365)2020-10-22 16:00Financial Performance - Net profit attributable to shareholders decreased by 5.75% to CNY 58,638,408.25 for the first nine months of the year[6] - Operating revenue for the first nine months rose by 8.26% to CNY 364,455,621.17 compared to the same period last year[6] - The diluted earnings per share decreased by 5.88% to CNY 0.16[7] - The net profit after deducting non-recurring gains and losses fell by 26.48% to CNY 38,729,573.13[6] - Total revenue for Q3 2020 reached ¥129.80 million, an increase of 14.2% compared to ¥113.65 million in Q3 2019[25] - Operating profit for Q3 2020 was ¥18.22 million, a decrease of 18.8% from ¥22.32 million in Q3 2019[26] - Net profit for Q3 2020 was ¥22.07 million, down 17.5% from ¥26.87 million in Q3 2019[26] - The company's operating revenue for Q3 2020 was CNY 60,882,382.35, representing a 47.9% increase compared to CNY 41,168,437.51 in Q3 2019[28] - The net profit for Q3 2020 reached CNY 17,906,631.14, a significant increase of 145.5% from CNY 7,296,937.00 in Q3 2019[29] Assets and Liabilities - Total assets increased by 51.59% to CNY 1,256,780,614.32 compared to the end of the previous year[6] - The company's trading financial assets increased by 47.33% to RMB 901,850,000 compared to the end of the previous year, attributed to funds raised from issuing shares for purchasing structured deposits[13] - Current assets totaled ¥1,028,449,038.45, an increase from ¥719,134,778.80 in the previous year[20] - The total liabilities were reported at ¥161,506,486.07, compared to ¥107,356,187.90 in the previous year, showing an increase in financial obligations[21] - The company's equity attributable to shareholders reached ¥1,093,874,374.30, up from ¥721,683,358.52 in the previous year[21] - Total liabilities increased to ¥252.68 million, compared to ¥159.97 million in the previous year, reflecting a rise of 58.0%[24] - The total current liabilities included accounts payable of ¥4,805,290.15 and accrued employee compensation of ¥30,364,114.91[38] Cash Flow - The net cash flow from operating activities decreased by 7.51% to CNY 64,962,685.90 compared to the same period last year[6] - The net cash outflow from investing activities increased significantly to ¥-386,543,761.41, up 370.03% year-on-year, primarily due to increased purchases of financial products and investments in associates[16] - The net cash inflow from financing activities was ¥324,964,378.03, a substantial increase compared to the previous year's outflow of ¥-4,163,734.18, mainly due to the issuance of new shares[16] - The company's cash flow from operating activities for the first three quarters of 2020 was CNY 64,962,685.90, down from CNY 70,239,326.09 in the same period of 2019[31] - The net cash flow from investing activities was -CNY 386,543,761.41 in Q3 2020, compared to -CNY 82,237,325.29 in Q3 2019, indicating increased investment outflows[32] - Cash inflows from financing activities totaled CNY 465,680,000.00 in Q3 2020, significantly higher than CNY 3,000,000.00 in Q3 2019[32] Research and Development - Research and development expenses accounted for 22.07% of operating revenue, an increase of 2.46 percentage points[7] - Research and development expenses for Q3 2020 were ¥27.91 million, an increase of 27.4% from ¥21.90 million in Q3 2019[25] - Research and development expenses for Q3 2020 were CNY 11,587,252.20, an increase from CNY 9,523,217.89 in Q3 2019[28] Shareholder Information - The number of shareholders reached 8,763 at the end of the reporting period[10] - The largest shareholder, Hangzhou Guangyun Investment Co., Ltd., holds 38.48% of the shares[10] Non-Recurring Gains and Other Income - The company reported a total of CNY 4,859,898.49 in non-recurring gains for the reporting period[9] - Other income increased by 216.06% to RMB 3,794,136, primarily due to higher government subsidies[15] - Investment income doubled to RMB 14,739,778, driven by increased returns from financial products[15] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[25] - The company did not report any significant changes in net profit expectations for the upcoming reporting period[17]