万马股份(002276) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was ¥2,771,990,184.12, reflecting an increase of 11.73% year-on-year[11]. - Net profit attributable to shareholders was ¥122,227,569.87, a significant increase of 69.07% compared to the same period last year[11]. - The net profit after deducting non-recurring gains and losses was ¥70,545,749.19, up by 6.76% year-on-year[11]. - Basic earnings per share were ¥0.1180, representing a growth of 69.05% year-on-year[11]. - The total comprehensive income attributable to the parent company was ¥109,199,602.54, compared to ¥80,216,586.63 in the previous period, marking a rise of 36.1%[94]. - The net profit for the current period was ¥69,178,716.50, up from ¥31,575,999.82 in the previous period, representing a growth of 119.5%[97]. - The total profit for the current period was ¥72,357,954.44, up from ¥31,327,252.47, representing an increase of 130.9%[97]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,358,268,184.12, an increase of 10.01% compared to the end of the previous year[11]. - Current assets totaled CNY 6,524,070,442.80, up from CNY 5,861,201,635.49 at the end of 2019, indicating an increase of about 11.3%[43][48]. - Total liabilities reached CNY 3,923,137,483.50, up from CNY 3,319,034,132.23, which is an increase of about 18.2%[48]. - The company's equity attributable to shareholders was CNY 4,430,146,924.92, compared to CNY 4,249,377,827.93 at the end of 2019, showing an increase of approximately 4.3%[48]. - Total liabilities amounted to ¥2,980,174,962.85, a 28.2% increase from ¥2,326,169,101.77[70]. - The company's total non-current liabilities were CNY 169,464,513.16, which includes deferred income and deferred tax liabilities[123]. Cash Flow - The net cash flow from operating activities was ¥370,966,228.86, showing a remarkable increase of 342.08% compared to the same period last year[11]. - The net cash flow from financing activities decreased by 97.99% to -¥52,875.11 million, reflecting a reduction in net financing compared to the previous year[22]. - Cash inflow from financing activities was CNY 752,466,398.10, down 38.7% from CNY 1,226,710,859.10 in the previous period[110]. - The ending balance of cash and cash equivalents was CNY 732,498,415.77, down from CNY 752,033,851.73 in the previous period[110]. Investments and Income - Investment income surged by 1963.31% to ¥46,513.3 million, mainly due to the increase in the fair value of ineffective portions of futures hedging[22]. - The company reported an investment income of ¥43,767,413.89, significantly higher than ¥1,558,031.98 in the previous period, showing an increase of 2,711.5%[95]. - The company reported non-recurring gains totaling ¥65,536,232.02, primarily from government subsidies and investment income[11]. Shareholder Information - The total number of shareholders at the end of the reporting period was 101,409, with the top ten shareholders holding a combined 36.41% of shares[16]. - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[18]. Risk Management - The company has established a complete risk control system for its hedging business, ensuring compliance and effective risk management[32]. - The company’s derivative investments are closely related to daily operational needs, adhering to the principle of prudence[32]. - The company’s hedging activities are expected to mitigate risks associated with commodity price fluctuations[32]. Changes in Accounting and Standards - The company has reclassified advance receipts to contract liabilities as per the new revenue recognition standards effective January 1, 2020[124]. - The company has implemented new revenue recognition standards starting January 1, 2020, affecting the reporting of contract liabilities[131].