JZP(SH:900952)2020-10-29 16:00Financial Performance - Net profit attributable to shareholders increased by 3.94% to CNY 154,286,300.01 for the first nine months of the year[6]. - Operating revenue decreased by 10.09% to CNY 5,142,682,384.23 for the first nine months compared to the same period last year[6]. - The company reported a significant decrease of 57.75% in net profit after deducting non-recurring gains and losses[6]. - Basic earnings per share rose by 3.80% to CNY 0.0770549[6]. - The company reported a total profit of ¥52,057,136.53 for Q3 2020, compared to ¥44,150,783.50 in Q3 2019, marking an increase of 17.3%[31]. - Net profit for Q3 2020 was ¥49,354,607.81, representing an increase of 3.2% from ¥47,832,610.89 in Q3 2019[27]. - The company’s total comprehensive income showed a negative other comprehensive income of approximately $22.77 million, impacting overall equity[45]. Assets and Liabilities - Total assets increased by 5.08% to CNY 18,233,974,996.22 compared to the end of the previous year[6]. - Current assets totaled ¥3,404,776,050.18, significantly up from ¥1,476,356,167.75, indicating a growth of about 130.5%[19]. - Total liabilities reached ¥11,667,630,211.16, up from ¥10,910,273,784.59, which is an increase of about 6.96%[21]. - The total current liabilities include contract liabilities of CNY 100.09 million[40]. - The company reported a total liability of CNY 10.91 billion, with current liabilities at CNY 6.57 billion and non-current liabilities at CNY 4.34 billion[41]. - The total assets of the company reached approximately $16.83 billion, reflecting a balanced financial position[45]. Cash Flow - Net cash flow from operating activities increased by 14.10% to CNY 494,319,135.93 for the first nine months[6]. - The net cash flow from operating activities for the first three quarters of 2020 was RMB 494,319,135.93, an increase of 14.1% compared to RMB 433,223,001.19 in the same period of 2019[35]. - The net cash flow from financing activities was negative at RMB -82,081,722.90, compared to RMB -445,711,816.73 in the same period of 2019, indicating a significant improvement[36]. - Cash inflow from investment activities totaled RMB 70,619,378.41, significantly lower than RMB 862,752,473.36 in 2019[36]. Shareholder Information - The total number of shareholders reached 95,583 by the end of the reporting period[9]. - The largest shareholder, Dalian Port Investment Holdings Group, holds 19.08% of the shares[9]. Investments - Long-term equity investments decreased by 38.92% to RMB 3,084,719,858.17 due to the transfer of Baolai Chemical equity[13]. - Investment income increased by 223.14% to RMB 100,380,873.98, resulting from the transfer of Baolai Chemical equity[14]. - The company executed a new revenue recognition standard, resulting in the establishment of contract liabilities amounting to RMB 189,521,510.41[13]. Other Financial Metrics - The weighted average return on equity increased by 0.05 percentage points to 2.41%[6]. - The company’s gross profit margin for Q3 2020 was approximately 2.68%, compared to 2.14% in Q3 2019, showing an improvement in profitability[26]. - The company incurred a credit impairment loss of ¥19,610,843.70 in Q3 2020, compared to no such loss reported in Q3 2019[31].