通达动力(002576) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 115.84% to CNY 25,851,734.83 for the current period[8] - Operating revenue for the current period reached CNY 410,087,789.37, reflecting a growth of 26.79% year-on-year[8] - Basic earnings per share increased by 116.00% to CNY 0.1566[8] - The company reported a net profit of CNY 60,429,008.36 for the year-to-date, up 123.58% compared to the same period last year[8] - Net profit increased by 135.67%, mainly due to an increase in operating income[17] - Net profit for Q3 2020 was ¥25,952,398.69, compared to ¥11,325,982.37 in the same period last year, representing a growth of 129.5%[43] - Net profit for the period was ¥59,947,788.10, representing a significant increase of 135.7% from ¥25,437,602.78 in the previous period[51] Assets and Liabilities - Total assets increased by 4.95% to CNY 1,386,999,208.19 compared to the end of the previous year[8] - Current assets totaled CNY 1,105,437,305.06, compared to CNY 1,035,736,286.26 at the end of 2019, reflecting a growth of approximately 6.5%[33] - Total liabilities rose to CNY 447,083,357.99 from CNY 433,369,857.49, indicating a slight increase of about 3.2%[35] - The company's equity attributable to shareholders increased to CNY 948,850,549.33 from CNY 896,676,540.97, a rise of approximately 5.8%[36] - The company’s total assets reached ¥872,692,023.99, a slight increase from ¥872,139,376.94 in the previous period[42] Cash Flow - Net cash flow from operating activities improved by 110.58% to CNY 4,213,041.67 for the current period[8] - Cash flow from operating activities increased by 41.80%, primarily due to increased sales collections[17] - Operating cash flow for Q3 2020 was CNY 51,640,325.92, an increase of 41.8% compared to CNY 36,417,244.12 in Q3 2019[59] - Total cash inflow from operating activities was CNY 837,867,422.05, down 7.5% from CNY 906,427,049.71 in the previous year[59] - Cash outflow from operating activities totaled CNY 786,227,096.13, a decrease of 9.6% compared to CNY 870,009,805.59 in Q3 2019[59] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,084[12] - The largest shareholder, Tianjin Xindarui Ming Enterprise Management Consulting Center, holds 28.27% of the shares[12] Research and Development - R&D expenses increased by 41.37%, mainly due to increased R&D investment[17] - Research and development expenses for Q3 2020 were ¥20,880,972.87, compared to ¥11,242,986.21 in the prior year, indicating a 86.3% increase[42] - Research and development expenses increased to ¥38,111,250.21, up 41.5% from ¥26,957,598.05 in the previous period[49] Future Projections - The estimated cumulative net profit for the year until the next reporting period is projected to be between 7,015.5 million and 8,726.58 million CNY, representing a growth of 105.00% to 155.00% compared to the previous year[24] - The basic earnings per share are expected to be between 0.4249 and 0.5285 CNY, reflecting an increase of 105.00% to 155.00% year-on-year[24] - The company's revenue is steadily increasing, driven by the wind power business segment focusing on global market customer management[24] Other Financial Metrics - The weighted average return on equity rose to 2.76%, an increase of 1.40 percentage points compared to the previous year[8] - Total operating costs amounted to ¥380,547,802.74, up from ¥306,413,191.26 year-over-year[42] - The company incurred credit impairment losses of ¥10,743,926.47, which increased from ¥7,233,991.18 in the previous period[51]