Financial Performance - Operating revenue for the reporting period was ¥787,405,302.28, a decrease of 10.82% year-on-year, while revenue for the year-to-date was ¥2,089,104,826.58, down 16.91% compared to the same period last year[7]. - Net profit attributable to shareholders was ¥40,400,028.47, a decline of 30.94% year-on-year, with year-to-date net profit at ¥84,893,744.33, down 23.21%[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥33,476,831.99, an increase of 162.03% year-on-year, with year-to-date figures showing a 48.63% increase to ¥64,758,753.35[7]. - Basic earnings per share for the reporting period were ¥0.0332, down 30.54% year-on-year, with diluted earnings per share also at ¥0.0332[7]. - The company reported a total profit of CNY 45,300,999.29 for the third quarter, compared to CNY 66,685,576.61 in the same period last year, reflecting a decrease of approximately 32.1%[42]. - The net profit for the third quarter was CNY 40,261,327.84, down from CNY 58,497,819.85 year-over-year, indicating a decline of approximately 31.1%[42]. - The total operating revenue for the third quarter was CNY 333,739,260.62, an increase from CNY 307,446,762.53 in the previous period[44]. - The total operating costs for the year-to-date period were CNY 2,032,509,208.77, down from CNY 2,471,545,813.84 in the previous year[47]. Cash Flow - The net cash flow from operating activities was ¥222,427,615.61, a significant increase of 495.32% compared to the same period last year, with year-to-date cash flow at ¥576,749,949.25, up 157.61%[7]. - The company's cash flow from operating activities increased by 157.61% to ¥576,749,949.25 compared to the previous period[15]. - The net cash flow from operating activities for Q3 2020 was ¥576,749,949.25, a significant increase from ¥223,881,192.95 in Q3 2019, reflecting a growth of approximately 158.5%[56]. - Total cash inflow from operating activities was ¥1,774,618,099.63, compared to ¥2,121,038,057.67 in the previous year, indicating a decrease of about 16.3%[56]. - The cash outflow from operating activities was ¥1,197,868,150.38, down from ¥1,897,156,864.72, representing a reduction of approximately 36.9%[56]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,999,058,873.84, an increase of 4.16% compared to the end of the previous year[7]. - The total number of ordinary shareholders at the end of the reporting period was 53,780[10]. - The total liabilities increased significantly, with accounts payable rising by 90.99% to ¥612,739,467.63 due to an increase in outstanding notes[15]. - Total liabilities amounted to ¥2,044,454,709.42, an increase of 30.1% from ¥1,569,836,633.16[38]. - Current liabilities increased to ¥2,038,492,006.52, compared to ¥1,544,248,003.35, marking a rise of 32.0%[38]. - Total assets reached ¥4,504,889,347.43, up from ¥4,094,269,693.79, indicating a growth of 10.0%[38]. - Total liabilities reached CNY 2,077,843,089.42, with current liabilities at CNY 2,025,496,959.67 and non-current liabilities at CNY 52,346,129.75[65]. Shareholder Information - The largest shareholder, Xie Baojun, holds 21.16% of the shares, amounting to 265,927,345 shares[10]. - The company reported non-recurring gains totaling ¥20,134,990.98 for the year-to-date, including government subsidies of ¥17,804,796.48[8]. - The minority interest increased dramatically by 7511.80% to ¥98,550,272.28, reflecting the addition of new partnerships[15]. Operational Metrics - Accounts receivable increased by 149.16% to ¥83,335,241.41 due to the receipt of notes not yet due[15]. - Other non-current assets surged by 426.22% to ¥197,563,106.78, primarily due to prepayments for new projects[15]. - The company's investment income decreased by 89.39% to ¥718,670.03, attributed to reduced financial product returns[15]. - The company's long-term receivables decreased by 38.22% to ¥29,942,540.76, as some were reclassified to current assets[15]. - Inventory decreased to ¥325,649,614.18 from ¥350,784,369.94, a decline of 7.2%[35]. Research and Development - Research and development expenses were CNY 22,097,844.67, a decrease of 17.1% from CNY 26,643,357.02 in the previous year[41]. - Research and development expenses for the third quarter were CNY 25,810,092.90, a decrease of 14.4% compared to CNY 30,268,100.51 in the same period last year[51]. Financial Ratios - The weighted average return on net assets was 1.45%, a decrease of 0.64% compared to the previous year[7]. - The total liabilities to equity ratio is approximately 0.76, indicating a balanced capital structure[65].
恒星科技(002132) - 2020 Q3 - 季度财报