浙江世宝(002703) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached ¥314,975,006.55, representing a year-on-year increase of 33.28%[8] - Net profit attributable to shareholders was ¥21,600,574.31, a significant increase of 232.02% compared to the same period last year[8] - Basic earnings per share for the reporting period were ¥0.0274, up 231.73% year-on-year[8] - The company's operating revenue for the first nine months of 2020 was RMB 802,228,479.88, an increase of 16.80% compared to RMB 686,835,516.68 in the same period of 2019[18] - The net profit for the current period was ¥20,227,714.78, compared to a net loss of ¥18,986,475.29 in the previous period, marking a turnaround[54] - The company reported a significant increase in total comprehensive income for the current period, totaling ¥20,227,714.78, reversing from a comprehensive loss of ¥18,986,475.29 in the previous period[54] Cash Flow - The net cash flow from operating activities was ¥36,357,227.51, reflecting a 69.91% increase from the previous year[8] - The net cash flow from operating activities increased by 481.99% to RMB 82,959,979.10, driven by higher cash inflows from prepaid rents and government subsidies[23] - The cash flow from operating activities generated a net amount of ¥82,959,979.10, a substantial increase compared to ¥14,254,463.95 in the previous period[72] - The total cash and cash equivalents at the end of the period amounted to ¥137,023,031.48, an increase from ¥112,362,868.41 at the end of the previous period[72] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,947,976,140.98, a decrease of 1.38% compared to the end of the previous year[8] - The company's net assets attributable to shareholders increased to ¥1,340,511,111.61, up 2.97% from the previous year[8] - Total liabilities decreased to CNY 619,294,169.96 from CNY 680,557,817.14, a reduction of about 9.0%[46] - Current assets totaled CNY 953,888,086.42, down from CNY 991,058,475.50, indicating a decrease of about 3.8%[46] Expenses - Total operating costs increased to ¥293,132,254.05, up from ¥258,808,308.53, reflecting a rise of 13.2%[54] - Research and development expenses rose to ¥18,804,853.24, an increase of 39.9% from ¥13,460,452.95[54] - The company’s research and development expenses increased to ¥3,364,914.87 from ¥2,603,966.70 in the previous period, reflecting a focus on innovation[67] - Financial expenses rose by 79.01% to RMB 3,136,812.81, mainly due to increased interest expenses[21] Investments - The company has utilized 210 million RMB of idle raised funds to temporarily supplement working capital, with 35 million RMB remaining to be returned to the special account by September 30, 2020[34] - The investment progress for the automotive parts precision casting and processing project reached 66.77% by the end of the reporting period[31] - The automotive hydraulic power steering expansion project is expected to achieve a net profit of 70.35 million RMB, but has only realized approximately 19.40 million RMB in net profit from January to September 2020 due to declining sales and prices[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,924[12] - The company's equity attributable to shareholders rose to CNY 1,340,511,111.61 from CNY 1,301,834,988.37, an increase of approximately 2.9%[46] Miscellaneous - The company has not experienced any major changes in the feasibility of its projects during the reporting period[34] - The company has not conducted any investor communications or interviews during the reporting period[41]