长高电新(002452) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders reached ¥56,903,613.19, a 50.85% increase year-on-year[8] - Operating revenue for the period was ¥429,148,652.08, reflecting a growth of 51.68% compared to the same period last year[8] - Basic earnings per share rose to ¥0.11, an increase of 57.14% year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥54,587,558.38, a 51.34% increase year-on-year[8] - The company reported a net investment income of CNY 1,403,381.91, a recovery from a loss of CNY 414,240.27 in the previous year[45] - The profit attributable to the parent company's shareholders was CNY 56,903,613.19, compared to CNY 37,722,473.75 in the previous year, reflecting an increase of about 50.9%[47] - The net profit for the third quarter was CNY 54,895,481.07, up from CNY 37,367,903.51 in the same period last year, representing a growth of approximately 46.9%[46] - The total profit for Q3 2020 was CNY 211,168,515.36, compared to CNY 107,516,823.66 in the previous year, indicating a growth of 96.5%[54] Revenue and Costs - Total operating revenue for Q3 2020 reached CNY 429,148,652.08, compared to CNY 282,935,729.89 in the same period last year, indicating a significant increase[44] - Total operating costs amounted to CNY 359,579,930.25, up from CNY 244,456,435.96 year-on-year[45] - The total operating costs for the year-to-date period were CNY 856,153,827.61, compared to CNY 665,705,289.71 in the previous year, showing an increase of approximately 28.6%[52] - The total operating costs for the period were CNY 76,261,966.79, compared to CNY 37,355,872.03 in the previous year, reflecting an increase of 104.0%[57] Assets and Liabilities - Total assets increased to ¥3,460,531,917.19, up 17.40% from the previous year[8] - The company's total liabilities increased, with accounts payable rising by 74.20% to ¥446,288,981.47, primarily due to bank acceptance bills issued for the construction of the Chuhua wind power project[17] - The company's total liabilities increased to CNY 1,226,382,126.82 from CNY 1,058,335,818.62 year-on-year[42] - The total liabilities reached CNY 2,112,001,272.29, up from CNY 1,829,036,599.32, indicating a growth of about 15.5%[36] - The company's short-term borrowings increased to CNY 560,217,382.94 from CNY 359,398,500.00, which is an increase of approximately 55.7%[37] Cash Flow - The net cash flow from operating activities was ¥8,295,413.25, representing a significant increase of 122.98%[8] - The cash flow from operating activities showed a net increase of 117.80%, reaching ¥11,188,508.50, compared to a negative cash flow of -¥62,860,730.20 in the previous year[18] - The cash inflow from operating activities totaled CNY 1,110,306,677.14, an increase from CNY 809,377,662.66 in the previous period, reflecting a growth of approximately 37.1%[62] - The cash outflow for investing activities was CNY 333,257,704.55, compared to CNY 100,980,516.04 in the previous period, indicating a substantial increase in investment spending[63] Shareholder Information - The company reported a total of 34,592 common shareholders at the end of the reporting period[12] - The top shareholder, Ma Xiaowu, holds 19.57% of the shares, totaling 104,388,594 shares[12] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] Research and Development - Research and development expenses increased by 106.85% to ¥59,634,450.58, primarily due to increased investment in new technology and product development[17] - Research and development expenses surged to CNY 27,982,104.17, compared to CNY 8,452,731.49 in the previous year, reflecting a focus on innovation[45] - Research and development expenses for the third quarter amounted to CNY 7,958,641.94, significantly higher than CNY 2,598,022.37 in the previous year, indicating a focus on innovation[49] Tax Expenses - The company’s tax expenses increased by 171.53% to ¥40,941,558.12, driven by higher profits leading to increased tax liabilities[18] - The company’s tax expenses for the third quarter were CNY 11,833,845.27, up from CNY 7,741,299.84 in the previous year, which is an increase of approximately 52.8%[46] Financial Standards and Compliance - The third quarter report was not audited[75] - The company implemented new revenue and leasing standards starting January 1, 2020[74] - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[29][30]