巨力索具(002342) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the quarter reached CNY 563,878,226.88, representing an 18.08% increase year-on-year[7] - Net profit attributable to shareholders increased by 11.61% to CNY 2,908,754.77 for the quarter[7] - The company reported a basic earnings per share of CNY 0.0030, an increase of 11.11%[7] - The net profit for the current period was ¥5,707,323.02, representing a significant increase of 111.09% from ¥2,704,192.59 in the same period last year[37] - The net profit for the third quarter of 2020 was CNY 18,422,515.94, an increase of 45.5% compared to CNY 12,672,967.32 in the same period last year[42] - Earnings per share (EPS) increased to CNY 0.0192 from CNY 0.0132, representing a growth of 45.5%[42] Cash Flow - Net cash flow from operating activities surged by 133.55% to CNY 3,841,185.70[7] - The net cash flow from operating activities was CNY 25.85 million yuan, an increase of 199.29% compared to the same period last year, mainly due to an increase in cash received from sales of goods[14] - The net cash flow from financing activities was 37.19 million yuan, an increase of 217.73% compared to the same period last year, primarily due to a decrease in cash paid for debt repayment[14] - The company reported a net cash inflow from financing activities of CNY 37,188,518.89, compared to a net outflow of CNY -31,588,361.71 in the previous year[45] Assets and Liabilities - Total assets increased by 1.89% to CNY 4,086,951,151.02 compared to the end of the previous year[7] - Total current assets as of September 30, 2020, amounted to ¥2,429,484,922.15, up from ¥2,303,303,568.66 at the end of 2019, indicating a growth of 5.5%[30] - Total liabilities as of September 30, 2020, were ¥1,638,342,754.13, compared to ¥1,585,105,620.80 at the end of 2019, reflecting an increase of 3.4%[31] - The balance of non-current liabilities due within one year at the end of the period was 77.14 million yuan, an increase of 67.23% compared to the beginning of the year, mainly due to an increase in payable financing lease payments[14] - Total liabilities amounted to CNY 1,580,620,651.95, while total equity stood at CNY 2,430,562,865.31[52] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 78,411[11] - The largest shareholder, Juli Group Co., Ltd., holds 20.03% of the shares[11] Investment and Expenses - Investment income for the period was 220,500 yuan, an increase of 200.84% compared to the same period last year, mainly due to profits generated by invested units[14] - The company's R&D expenses for the current period were ¥3,342,581.14, slightly down from ¥3,623,098.69 in the previous period, showing a decrease of 7.75%[39] - The financial expenses for the current period were ¥42,638,510.24, a minor decrease from ¥43,910,781.59 in the previous period, indicating a reduction of 2.91%[39] Impairment and Losses - Credit impairment losses for the period amounted to 8.86 million yuan, an increase of 88.11% compared to the same period last year, primarily due to an increase in accounts receivable and other receivables[14] - The asset impairment loss for the period was 602,600 yuan, an increase of 100% compared to the same period last year, primarily due to inventory write-downs[14] - The company reported a credit impairment loss of ¥-8,772,943.97, worsening from ¥-5,372,935.27 in the previous period[41] Other Financial Metrics - The weighted average return on net assets was 0.12%, up by 0.01%[7] - The total operating costs for Q3 2020 were ¥559,501,215.44, up from ¥474,058,179.60 in the same period last year, reflecting a growth of 18.0%[34] - The total operating income for the consolidated entity from the beginning of the year to the reporting period was ¥1,576,607,639.26, up from ¥1,423,640,346.90, indicating a growth of 10.73%[38] Reporting and Audit - The company has not undergone an audit for the third quarter report[56] - The report was released on October 27, 2020, by Chairman Yang Jianguo[57]