JSSH(000518)2020-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 117,844,923.53, an increase of 5.40% year-on-year, and CNY 354,414,884.27 for the year-to-date, up 24.01% compared to the same period last year[7]. - Net profit attributable to shareholders was CNY 15,455,027.80, down 18.02% year-on-year, while year-to-date net profit reached CNY 21,751,604.18, an increase of 129.49%[7]. - Basic earnings per share for the reporting period were CNY 0.0150, down 18.03%, while year-to-date earnings per share were CNY 0.0211, up 129.35%[7]. - Total operating revenue for the current period reached ¥354,414,884.27, an increase of 24.0% compared to ¥285,787,479.49 in the previous period[46]. - Net profit for the current period was ¥21,688,750.59, a significant increase of 81.7% compared to ¥11,950,960.01 in the same period last year[48]. - Total comprehensive income for the period was ¥17,165,591.27, down from ¥21,922,126.69, reflecting a decrease of about 21.6%[40]. Cash Flow - The net cash flow from operating activities was CNY 17,646,812.40, up 27.62% for the reporting period, and CNY 82,254,593.09 year-to-date, reflecting a significant increase of 671.66%[7]. - The net cash flow from operating activities increased significantly to ¥82,254,593.09 from ¥10,659,499.88, representing a growth of approximately 671.5%[55]. - Cash inflow from operating activities totaled ¥364,503,620.76, up from ¥274,914,877.62, indicating a year-over-year increase of about 32.5%[54]. - The net cash flow from investment activities was negative at -¥7,692,834.78, an improvement from -¥15,769,963.42, showing a reduction in cash outflow by about 51.2%[55]. - The net cash flow from financing activities was -¥89,344,715.07, worsening from -¥1,099,447.57, indicating a significant increase in cash outflow[55]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 813,019,385.78, a decrease of 11.23% compared to the end of the previous year[7]. - Current liabilities decreased significantly from CNY 253,774,281.05 to CNY 132,290,115.66, a reduction of 47.9%[31]. - The company's total liabilities decreased from CNY 255,511,765.13 to CNY 133,939,084.24, a decrease of 47.5%[31]. - Owner's equity increased to CNY 679,080,301.54 from CNY 660,314,269.99, an increase of 2.5%[32]. - Total assets decreased to CNY 813,019,385.78 from CNY 915,826,035.12, a decline of 11.2%[32]. Shareholder Information - The total number of shareholders at the end of the reporting period was 149,904, with the top ten shareholders holding a combined 38.47% of the shares[11]. - The largest shareholder, Wang Hongming, held 14.00% of the shares, amounting to 144,138,394 shares[11]. Operating Costs and Expenses - Operating costs rose by 70.70% to ¥127,585,073.57, attributed to an increase in the proportion of timber sales compared to the previous year[15]. - Total operating costs increased to ¥99,643,407.11 from ¥90,368,380.89, representing an increase of approximately 14.1% year-over-year[38]. - The company’s financial expenses decreased by 75.22% to ¥640,386.11, as a result of reduced loans and interest expenses[15]. Other Financial Metrics - The weighted average return on net assets was 2.49% for the reporting period, a decrease of 0.61%, while it was 3.48% year-to-date, an increase of 1.91%[7]. - The company reported non-operating income and expenses totaling CNY -613,851.36 for the year-to-date, with government subsidies amounting to CNY 3,605,803.61[8]. - The company recorded a 100% decrease in advance receipts, now at ¥0.00, due to reclassification under new revenue standards[15]. - The company reported a net loss of CNY 468,582,918.20, slightly improved from a loss of CNY 490,334,522.38 in the previous period[32].