3PEAK(SH:688536)2020-10-28 16:00Financial Performance - Net profit attributable to shareholders rose by 285.22% to CNY 162,812,079.70 year-on-year[5] - Operating revenue for the first three quarters reached CNY 455,013,362.93, a 145.17% increase from the same period last year[5] - Total revenue for Q3 2020 reached ¥153,095,422.58, a significant increase of 72.8% compared to ¥88,655,257.21 in Q3 2019[24] - Net profit for Q3 2020 was ¥40,736,232.34, representing a 47.2% increase from ¥27,686,644.82 in Q3 2019[25] - Net profit for the first three quarters of 2020 totaled ¥164,248,427.26, compared to ¥38,125,272.25 in the same period of 2019, indicating significant growth[29] Assets and Liabilities - Total assets increased by 814.51% to CNY 2,614,933,265.37 compared to the end of the previous year[5] - The total assets increased significantly, with financial assets at fair value rising to ¥1,822,281,898.64, reflecting the investment of idle raised funds in financial products[12] - The company's total assets reached ¥2,617,183,211.34, an increase from ¥299,080,136.32 year-over-year[23] - The company's total liabilities stood at ¥66,877,067.08, slightly down from ¥66,955,916.13 year-over-year[19] - Total liabilities decreased to ¥65,682,682.75 from ¥77,014,655.27 in the previous year[23] Cash Flow - Cash flow from operating activities turned positive with a net inflow of CNY 154,764,069.88, compared to a net outflow of CNY 16,241,564.67 in the previous year[5] - Cash inflow from operating activities for the first three quarters of 2020 was CNY 470,462,412.40, compared to CNY 150,340,144.29 in the same period of 2019, representing an increase of 213.5%[31] - Net cash flow from operating activities for the first three quarters of 2020 was CNY 154,764,069.88, a significant improvement from a net outflow of CNY 16,241,564.67 in the same period of 2019[31] - Cash inflow from financing activities was CNY 2,152,298,568.00 in the first three quarters of 2020, a substantial increase from CNY 72,000,000.00 in the same period of 2019[32] - The net increase in cash and cash equivalents for the first three quarters of 2020 was CNY 461,553,691.75, contrasting with a decrease of CNY 22,066,670.11 in the same period of 2019[32] Research and Development - R&D expenses increased by 78.91% to CNY 87,941,000, while the ratio of R&D expenses to operating revenue decreased by 7.15 percentage points to 19.33%[6] - R&D expenses in Q3 2020 amounted to ¥34,801,146.66, which is a 102.5% increase compared to ¥17,248,757.88 in Q3 2019[24] - R&D expenses in Q3 2020 were ¥32,160,071.77, a 91.0% increase from ¥16,858,058.44 in Q3 2019, highlighting a focus on innovation[28] Shareholder Information - The number of shareholders at the end of the reporting period was 7,343, with the top ten shareholders holding a combined 60.73% of shares[9] - The company's equity attributable to shareholders increased significantly to ¥2,548,056,198.29 from ¥218,983,263.06, representing a growth of over 1,000%[19] - Basic earnings per share for Q3 2020 were ¥0.70, compared to ¥0.54 in Q3 2019, reflecting a 29.6% increase[29] Other Financial Metrics - The weighted average return on equity rose by 14.87 percentage points to 52.41%[5] - The gross profit margin for Q3 2020 was approximately 26.0%, compared to 30.9% in Q3 2019[24] - The company reported a total comprehensive income of ¥41,777,256.12 for Q3 2020, compared to ¥26,952,424.93 in Q3 2019, marking a 55.0% increase[29]