Sun Cable(SZ:002300)2020-10-27 16:00Financial Performance - Net profit attributable to shareholders was ¥65,367,605.89, representing a year-on-year increase of 21.62%[8] - Operating revenue for the period was ¥2,181,479,658.83, reflecting a growth of 19.68% compared to the same period last year[8] - Basic earnings per share were ¥0.0996, up 21.76% from the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥58,897,239.89, which is a 25.94% increase year-on-year[8] - The company reported a total comprehensive income of ¥156,552,146.30, up from ¥141,432,323.17, indicating a growth of 10.7%[83] - The company achieved a profit margin of approximately 2.5% for the current period, compared to 2.6% in the previous period[78] - The total operating revenue for the current period reached ¥5,586,810,237.19, an increase of 15.7% compared to ¥4,828,987,512.80 in the previous period[78] - Net profit for the current period was ¥77,783,801.47, compared to ¥58,400,120.39 in the previous period, representing a growth of 33.3%[66] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,325,163,766.78, an increase of 9.63% compared to the end of the previous year[8] - The total liabilities increased to CNY 2,670,463,602.44 from CNY 2,375,305,838.23, which is an increase of approximately 12.4%[50] - Current liabilities rose to CNY 2,401,039,839.00, compared to CNY 2,229,370,793.99, marking an increase of about 7.7%[50] - The company’s total equity increased to CNY 1,654,700,164.34 from CNY 1,569,784,418.04, reflecting a growth of about 5.4%[53] - The company reported a significant reduction in tax payments, with cash outflow for taxes decreasing to ¥83,927,105.91 from ¥121,116,144.43, a decline of about 30.6%[102] Cash Flow - The net cash flow from operating activities was ¥77,066,863.24, a decrease of 63.46% year-on-year[8] - The total cash and cash equivalents decreased by 30,593.68 million yuan, a decline of 129.63%, largely due to reduced net cash flow from operating activities[23] - Cash flow from operating activities showed a net outflow of CNY 395,458,566.12, worsening from a net outflow of CNY 102,843,666.99 in the previous period[98] - Cash inflow from financing activities totaled ¥1,115,100,000.00, down from ¥1,358,000,000.00, representing a decrease of approximately 17.9%[105] Shareholder Information - The total number of shareholders at the end of the reporting period was 43,189[12] - The largest shareholder, Fuzhou Taishun Industrial Co., Ltd., held 22.31% of the shares[12] Investment and Expenses - Research and development expenses for the current period were ¥4,223,651.04, compared to ¥3,042,252.32 in the previous period, reflecting a growth of 38.9%[63] - The company reported investment income of ¥4,805,421.31, significantly higher than ¥1,136,976.66 from the previous period[63] - The company reported a tax expense of ¥54,679,605.59, compared to ¥44,757,769.65 in the previous period, reflecting an increase of 22.5%[81] Risk Management - The company has established risk management systems to mitigate market, legal, liquidity, and credit risks associated with derivative investments[32] - The company has no violations regarding external guarantees during the reporting period[38] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[39]