深科技(000021) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥254,050,512.79, representing a significant increase of 105.73% year-on-year[4] - Operating revenue for the period was ¥3,619,378,852.91, showing a slight decrease of 0.01% compared to the same period last year[4] - Basic earnings per share rose to ¥0.1727, up 105.84% from ¥0.0835 in the same period last year[4] - The weighted average return on equity was 3.73%, compared to 1.93% in the previous year[4] - Net profit for Q3 2020 was CNY 281,424,412.02, up from CNY 158,574,092.16 in the same period last year, reflecting a growth of approximately 77.3%[46] - The net profit for the year-to-date period was ¥531,664,186.07, compared to ¥343,340,770.53 in the same period last year, showing a growth of 55%[50] - The company reported a significant increase in investment income to CNY 22,572,776.60 from CNY 5,950,931.32, representing a growth of approximately 279.5%[44] - The company reported a significant increase in financial expenses, with interest expenses rising to ¥36,965,471.24 in Q3 2020 from a negative figure of -¥18,162,544.69 in the previous year[47] Assets and Liabilities - Total assets at the end of the reporting period reached ¥22,001,131,781.86, an increase of 19.23% compared to the end of the previous year[4] - The total liabilities of the company as of September 30, 2020, were CNY 14,527,729,127.46, compared to CNY 11,351,250,770.82 at the end of 2019, marking an increase of around 28.3%[39] - The company's equity attributable to shareholders rose to CNY 7,235,180,263.42 from CNY 6,922,647,909.39, showing an increase of approximately 4.5%[39] - The company's total liabilities reached CNY 11,351,250,770.82, while total equity was CNY 7,102,109,677.68[64] - Current liabilities totaled approximately CNY 4.25 billion, with short-term borrowings at CNY 3.2 billion[68] Cash Flow - The net cash flow from operating activities increased by ¥1,972,955,736.22 year-on-year, reaching ¥1,566,210,793.15[4] - The company reported a net cash flow from investment activities of approximately -¥237.67 million, a decline from a net inflow of ¥200.39 million in the same quarter last year[57] - Total cash inflow from operating activities reached ¥20.90 billion, up from ¥14.99 billion year-on-year, indicating a growth of approximately 39.7%[57] - The cash flow from operating activities for the current period is ¥947,699,288.62, a recovery from a negative cash flow of -¥1,025,256,447.60 in the previous period[55] Shareholder Information - The top shareholder, China Electronics Corporation, holds 36.61% of the shares, totaling 538,558,777 shares[6] - The company reported a total of 118,802 common shareholders at the end of the reporting period[6] - There were no significant changes in the shareholding structure among the top ten shareholders during the reporting period[8] Investments and Projects - The company established a joint venture, Zhongdian Pengcheng Intelligent Equipment Co., Ltd., with a registered capital of 80 million yuan to enhance its smart manufacturing platform[14] - The company is investing approximately RMB 351 million to establish a manufacturing base for measurement system products in Chengdu, covering an area of 38 acres[16] - A new headquarters and R&D center is being developed in Chengdu with an estimated investment of RMB 406 million, covering 25.59 acres[17] - The "Shenzhen Technology City" project has a total investment of approximately RMB 3.236 billion, with the first phase expected to complete two R&D buildings by mid-2021[19] Credit Facilities - The company secured a total of RMB 10 billion in credit facilities from China Merchants Bank, effective until January 2022, following the early termination of a previous RMB 5 billion facility[20] - The company’s subsidiary in Chengdu obtained a RMB 3 billion credit facility from Bank of China, with a renewal effective until July 2020[20] - The company’s subsidiary in Dongguan received a RMB 10 billion credit facility from Agricultural Bank of China, valid until September 2020[20] Changes in Accounting Policies - The company adjusted its revenue recognition policy starting January 1, 2020, affecting pre-receipts and contract liabilities[63] - The company adopted new revenue recognition standards starting January 1, 2020, impacting the accounting treatment of prepayments and contract liabilities[67] Derivative Investments - The total investment in derivatives amounts to CNY 559.28 million, with a net asset ratio of 123.70% as of the reporting period[31] - The company reported a profit from derivative investments of CNY 10.07 million during the reporting period[31] - The company has established a strict internal evaluation and regulatory mechanism for its derivative operations to mitigate risks associated with currency fluctuations[31]