上工B股(900924) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 49.85% to CNY 40,697,574.42 for the first nine months of the year[5] - Operating revenue for the first nine months decreased by 5.36% to CNY 2,274,355,265.69 compared to the same period last year[5] - The basic earnings per share decreased by 49.36% to CNY 0.0749 compared to the same period last year[5] - The net profit attributable to the parent company decreased by 49.85% to CNY 40,697,574.42 compared to the same period last year[15] - Investment income dropped by 56.69% to CNY 12,586,912.69, mainly due to the previous year's disposal of a 26% stake in STOLL[15][17] - The company reported a net loss of CNY 35,299,155.39 for the period, an improvement from a loss of CNY 63,754,007.34 in the previous year[32] - The total operating revenue for the first three quarters of 2020 was CNY 2,274,355,265.69, down from CNY 2,403,055,510.85 in the same period of 2019, reflecting a decrease of about 5.36%[34] Cash Flow - The net cash flow from operating activities turned positive at CNY 177,963,783.84, compared to a negative cash flow of CNY -80,069,111.50 in the previous year[5] - The net cash flow from operating activities improved significantly, reaching CNY 177,963,783.84, compared to a negative CNY 80,069,111.50 in the same period last year[19] - The cash inflow from operating activities totaled ¥2,586,110,356.09 in the first three quarters of 2020, slightly down from ¥2,591,233,318.54 in 2019[43] - The cash outflow from operating activities was ¥2,408,146,572.25, down from ¥2,671,302,430.04 in the previous year[43] - Investment activities resulted in a net cash outflow of -¥168,160,925.86 for the first three quarters of 2020, compared to a net inflow of ¥11,218,180.52 in 2019[44] - The cash flow from financing activities generated a net inflow of ¥61,912,545.39 in 2020, up from ¥37,177,825.70 in 2019[44] Assets and Liabilities - Total assets increased by 4.19% to CNY 4,661,677,390.73 compared to the end of the previous year[5] - Current liabilities totaled CNY 1,372,140,489.37, up from CNY 1,260,567,715.37, indicating an increase of about 8.8%[28] - Total liabilities reached CNY 2,015,519,907.20, compared to CNY 1,879,720,690.42, representing an increase of approximately 7.2%[28] - The equity attributable to shareholders increased to CNY 2,345,995,397.06 from CNY 2,310,932,390.36, reflecting a growth of about 1.5%[28] - Long-term investments rose significantly to CNY 928,213,458.84 from CNY 860,624,895.74, marking an increase of approximately 7.8%[30] - The total cash and cash equivalents at the end of Q3 2020 stood at ¥732,977,108.51, an increase from ¥527,551,241.15 at the end of Q3 2019[44] Shareholder Information - The number of shareholders reached 48,302, with 23,373 A-share and 24,929 B-share holders[10] Government Support and Investments - The company received government subsidies amounting to CNY 9,203,945.68 for the year-to-date, reflecting support for its operations[7] - Long-term equity investments increased significantly by 228.94% to CNY 281,674,389.48 compared to the previous year[12] - Development expenditures surged by 269.82% to CNY 16,512,764.63, indicating increased investment in new projects[12] Financial Ratios and Performance Metrics - The weighted average return on equity decreased by 1.85 percentage points to 1.7515%[5] - Financial expenses increased significantly by 336.86% to CNY 26,797,871.94, primarily due to increased exchange losses[15][17] - The company reported a significant increase in other income, which rose by 464.05% to CNY 8,106,510.02[15] - The company recorded a significant increase in deferred income, which rose by 132.19% to CNY 5,201,100.00[15] Future Plans - The company plans to proceed with a non-public offering of A-shares as approved by the China Securities Regulatory Commission[21]