SXXC(SZ:002585)2020-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 308.90% to CNY 218,440,699.30 for the reporting period[8]. - Operating revenue for the period rose by 14.04% to CNY 1,323,072,916.60 compared to the same period last year[8]. - Basic earnings per share increased by 309.09% to CNY 0.189[8]. - Net profit increased by 237.99% compared to the same period last year, attributed to enhanced efficiency and new product profitability[22]. - Operating cash flow increased by 64.99% compared to the same period last year, mainly due to increased cash received from sales[22]. - The company expects a cumulative net profit of approximately RMB 66,800 million for the year, representing a growth of 285% compared to the same period last year[31]. - The total comprehensive income for the period reached ¥218,440,699.30, compared to ¥53,421,547.47 in the previous period, indicating a growth of approximately 309.5%[70]. - Net profit for the current period was CNY 450,448,531.85, compared to CNY 133,274,015.15 in the previous period, indicating a significant increase of approximately 237.5%[81]. Assets and Liabilities - Total assets increased by 9.29% to CNY 9,831,079,258.02 compared to the end of the previous year[8]. - Cash and cash equivalents increased by 47.94% compared to the beginning of the period, primarily due to increased cash received from sales[22]. - The total current assets amounted to CNY 5,035,527,784.40, an increase from CNY 4,515,142,580.35, representing a growth of about 11.5%[44]. - Non-current assets totaled CNY 4,795,551,473.62, up from CNY 4,480,275,511.13, showing an increase of approximately 7%[47]. - The total liabilities increased to ¥1,739,203,541.63, up from ¥1,335,049,012.41, reflecting a growth of about 30.2%[60]. - The company's total liabilities included accounts payable of CNY 132,608,132.23, which increased from CNY 118,408,820.00, reflecting a growth of about 11.9%[47]. - The total liabilities included short-term borrowings and accounts payable, with accounts payable specifically at CNY 118.41 million[113]. Cash Flow - Net cash flow from operating activities increased by 44.69% to CNY 514,019,848.85[8]. - Cash inflows from operating activities amounted to ¥4,180,271,032.80, up from ¥3,634,510,338.94 in the previous period, reflecting a growth of approximately 15%[93]. - The net cash flow from operating activities was ¥1,095,139,464.28, compared to ¥663,773,040.96 in the previous period, representing an increase of about 65%[93]. - The net cash flow from investment activities was -¥786,721,876.44, a decline from a positive cash flow of ¥314,043,063.30 in the previous period[100]. - The cash outflow for operating activities was ¥3,085,131,568.52, compared to ¥2,970,737,297.98 in the previous period, showing an increase of approximately 3.8%[93]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,833[12]. - The top shareholder, Wu Peifu, holds 26.07% of the shares, amounting to 301,388,029 shares[13]. - The company did not conduct any repurchase transactions among the top shareholders during the reporting period[19]. Research and Development - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[39]. - Research and development expenses amounted to ¥41,685,052.75, compared to no expenses reported in the previous period, indicating a new investment in innovation[66]. - Research and development expenses increased to CNY 107,913,307.54 from CNY 97,879,760.70, which is an increase of about 10.4%[78]. Future Outlook - Future guidance indicates a positive outlook for revenue growth driven by increased demand for new products and market expansion strategies[39]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[80].