江海股份(002484) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached ¥686,643,347.90, representing a year-on-year increase of 29.87%[8] - Net profit attributable to shareholders was ¥81,333,855.51, up 23.61% from the same period last year[8] - The company reported a basic earnings per share of ¥0.0994, an increase of 23.17% year-on-year[8] - The net profit attributable to shareholders increased by CNY 51,014,912.44, a rise of 30.07% year-on-year, driven by performance growth and changes in equity of a joint venture[22] - The net profit for the current period was ¥83,747,135.05, compared to ¥76,450,222.28 in the previous period, reflecting an increase of approximately 9.9%[66] - The total profit for the current period was ¥262,233,858.05, an increase of 12.7% from ¥232,604,279.68 in the previous period[85] Assets and Liabilities - Total assets increased to ¥4,788,003,874.22, a growth of 6.38% compared to the end of the previous year[8] - The company's net assets attributable to shareholders rose to ¥3,595,640,542.22, reflecting a 4.87% increase from the previous year[8] - Total current liabilities amounted to CNY 966,261,225.70, an increase of 14.87% from CNY 841,349,115.62[49] - The company's total liabilities reached CNY 1,027,964,637.88, up from CNY 904,088,838.13, indicating a growth of 13.73%[49] - Total non-current assets reached CNY 1,984,158,438.35, up from CNY 1,855,420,202.61, marking a growth of 6.93%[46] Cash Flow - The net cash flow from operating activities was ¥65,803,908.40, showing a significant increase of 116.58%[8] - Net cash flow from operating activities increased by CNY 168,767,341.77, a growth of 280.47% year-on-year, attributed to improved credit management with customers and suppliers[22] - Cash inflow from sales of goods and services was ¥979,039,775.61, compared to ¥825,587,520.43 in the previous period, indicating a growth of approximately 18.6%[94] - Operating cash flow from operating activities increased to ¥228,939,342.38, compared to ¥60,172,000.61 in the previous period, representing a significant improvement[94] Inventory and Receivables - Inventory increased by ¥143,501,672.90, a growth of 30.73%, due to the need to maintain stock for business growth[18] - Other receivables rose by ¥38,684,776.56, a 253.20% increase, primarily due to loans to AIC tech[18] - Accounts receivable rose to CNY 827,834,241.97, up 8.08% from CNY 766,166,292.56[43] - The total inventory was valued at CNY 466,932,377.28, suggesting effective inventory management practices[108] Financial Expenses - Financial expenses increased by CNY 25,426,460.69, a rise of 249.49% year-on-year, mainly due to exchange rate fluctuations and increased interest expenses[22] - Interest expenses rose by CNY 2,230,555.66, an increase of 92.68% year-on-year, primarily due to a new CNY 100 million loan from the Export-Import Bank[22] - The company reported a financial expense of ¥14,162,719.08, compared to a financial income of -¥7,064,864.14 in the previous period[71] Research and Development - Research and development expenses for the current period were ¥41,833,866.57, compared to ¥32,080,735.41 in the previous period, showing an increase of approximately 30.5%[64] - The company’s R&D expenses for the year-to-date period were ¥111,219,496.31, up 22.2% from ¥90,970,352.91 in the previous year[78] - Research and development expenses rose to ¥24,682,783.97, up 24.3% from ¥19,846,271.40 in the previous period[71] Comprehensive Income - The company's total comprehensive income for the current period was ¥81,909,579.62, compared to ¥86,535,023.16 in the previous period, indicating a decline of 5.4%[70] - The total comprehensive income attributable to the parent company was ¥219,983,957.39, compared to ¥185,751,575.59 in the previous period, marking an increase of 18.4%[85] - Other comprehensive income after tax decreased by CNY 16,782,530.64, a decline of 104.24% year-on-year, mainly due to changes in the market value of investments in Japan[22] Investment Projects - The investment progress for the supercapacitor project reached 60%, with monthly revenue exceeding CNY 20 million for two consecutive months[29] - The investment progress for the film capacitor project is at 26%, with production capacity utilization exceeding 90%[28] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies, although specific strategies were not detailed in the provided data[60]