ETI(SZ:002005)2020-10-27 16:00Financial Performance - Operating revenue for the reporting period was ¥676,624,195.53, a decline of 19.72% compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was ¥18,000,242.29, an increase of 125.04% year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥4,151,376.55, up 104.57% compared to the same period last year[8]. - Basic earnings per share were ¥0.0102, reflecting a 125.04% increase compared to the same period last year[8]. - The company's net profit from continuing operations decreased to -93,831,610.32 CNY, a decline of 810.95% compared to the previous period, primarily due to the impact of the COVID-19 pandemic on small household appliances and LED businesses[18]. - The company reported a net profit of CNY 18,909,636.09, compared to a net loss of CNY 72,311,669.00 in the same period last year[50]. - The net profit for the third quarter was a loss of ¥161,551,748.63, compared to a loss of ¥181,934,596.57 in the previous year, showing an improvement[58]. - The total profit loss for the quarter was ¥161,277,464.55, compared to a loss of ¥181,978,910.10 in the same period last year, indicating a trend towards recovery[58]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,087,900,825.15, a decrease of 5.76% compared to the end of the previous year[8]. - The company's total liabilities were CNY 2,622,235,224.49, down from CNY 2,727,502,249.11, showing a decrease of approximately 3.86%[42]. - The total equity attributable to shareholders decreased to CNY 2,280,752,755.98 from CNY 2,489,860,903.99, a decline of about 8.39%[43]. - The company's current assets totaled CNY 2,002,998,165.36, down from CNY 2,165,535,457.87 at the end of 2019, indicating a decrease of about 7.51%[40]. - Total liabilities increased to CNY 5,338,436,793.45, compared to CNY 4,948,918,529.15 in the previous period[46]. - The company's equity decreased to CNY 5,530,502,741.52 from CNY 6,535,193,409.79[46]. Cash Flow - The net cash flow from operating activities was ¥95,862,608.18, a slight increase of 0.40% year-on-year[8]. - The company reported a net cash flow from operating activities of -14,024,316.18 CNY, a decrease of 103.40% compared to the previous period, attributed to reduced sales receipts and government subsidies[19]. - The cash received from investment activities was -34,897,790.44 CNY, a decline of 119.03%, mainly due to decreased cash from equity sales[19]. - The company's cash flow from financing activities was -75,026,456.82 CNY, reflecting a decrease in cash outflow for repaying bank loans[19]. - The total cash inflow from operating activities was 135,181,715.40 yuan, down from 1,153,423,140.99 yuan year-on-year[68]. - Cash outflow from operating activities totaled 140,790,660.83 yuan, compared to 622,226,769.41 yuan in the same period last year[68]. Shareholder Information - The total number of shareholders at the end of the reporting period was 55,597[12]. - The largest shareholder, Wuhu Dehao Investment Co., Ltd., held 16.02% of the shares, with 282,781,900 shares pledged[12]. - The company has committed to a cash dividend policy, ensuring that the total cash distribution over three years will not be less than 30% of the average distributable profit[27]. - The company has established a three-year shareholder return plan, which includes provisions for mid-term cash dividends[27]. Business Operations - The LED business revenue declined by 78.36% year-on-year due to the shutdown of chip projects and the sale of part of the domestic lighting business at the end of last year[17]. - Research and development expenses decreased by 61.60% to RMB 47.82 million, mainly due to reduced development expenditures for LED chip projects[17]. - The company reported no significant investments in securities or derivatives during the reporting period[31][32]. - There were no major contracts or trust investments during the reporting period, indicating a conservative approach to financial management[32][35]. Regulatory and Compliance - The company is currently under investigation by the China Securities Regulatory Commission, with no conclusive opinions received yet[22]. - The company applied to revoke the delisting risk warning for its stock on May 25, 2020[23]. - The company received an investigation notice from the China Securities Regulatory Commission on June 23, 2020[23].