天赐材料(002709) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥206,698,469.17, representing a significant increase of 423.36% year-on-year[4]. - Operating revenue for the period was ¥1,102,817,126.78, reflecting a growth of 47.76% compared to the same period last year[4]. - The net cash flow from operating activities was ¥223,198,526.63, up 450.90% year-on-year[4]. - Basic earnings per share increased to ¥0.38, a rise of 442.86% compared to the same period last year[4]. - The weighted average return on equity was 6.49%, an increase of 5.11 percentage points year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥204,971,930.14, up 404.69% year-on-year[4]. - The company reported a significant increase in prepayments by 55.20% to CNY 78,902,336.92, attributed to higher advance payments for raw materials[12]. - The company expects cumulative net profit for the year to be between CNY 65,000,000 and CNY 75,000,000, representing a growth of 3,882.84% to 4,495.59% compared to the previous year[21]. - The net profit for Q3 2020 was ¥202,575,437.97, compared to ¥36,087,062.23 in Q3 2019, marking a significant increase of approximately 461.5%[35]. - The net profit attributable to the parent company for the period was CNY 1,661,154,938.26, a significant increase from CNY 1,169,938,281.27 in the same period last year[29]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,911,233,428.63, an increase of 10.91% compared to the previous year[4]. - The company's total current assets reached CNY 2,791,001,324.04, up from CNY 2,264,976,471.96 year-over-year[26]. - The total liabilities of the company were CNY 2,456,253,201.08, compared to CNY 2,358,575,696.32 in the previous year, indicating an increase in liabilities[28]. - The company's equity attributable to shareholders reached CNY 3,294,023,922.88, up from CNY 2,788,297,066.31, marking a growth of 18.2%[82]. - The company's total assets increased to ¥3,554,431,133.35 from ¥3,315,972,084.51, reflecting a growth of about 7.2%[32]. - Total liabilities rose to ¥1,131,152,054.99, up from ¥1,049,655,212.16, which is an increase of approximately 7.8%[32]. Cash Flow - Cash flow from operating activities showed a net inflow of CNY 487,119,023.95, a significant improvement of 545.81% from a net outflow of CNY -109,267,059.49 in the previous year[15]. - The company's cash and cash equivalents increased by 93.62% to CNY 406,763,271.21 due to improved collection of sales and payment terms[12]. - The net cash flow from financing activities was negative CNY 267,747,240.86, compared to a positive CNY 142,124,858.43 in the previous period[51]. - The company's cash and cash equivalents stood at CNY 406,763,271.21, compared to CNY 210,081,617.88 in the previous year, reflecting improved liquidity[26]. - The net cash flow from operating activities for the first nine months of 2020 was ¥487,119,023.95, a significant increase of 545.81% compared to a net outflow of ¥109,267,059.49 in the same period of 2019[68]. Research and Development - Research and development expenses increased by 37.02% to CNY 117,349,665.17, reflecting higher investment in R&D activities[14]. - Research and development expenses for Q3 2020 were ¥42,352,560.55, compared to ¥33,797,223.57 in the previous year, representing an increase of approximately 25.2%[34]. - Research and development expenses for the current period totaled ¥117,349,665.17, compared to ¥85,644,466.17 in the previous period, which is an increase of about 37%[41]. - Research and development expenses increased to CNY 51,641,900.05 from CNY 37,205,387.04, indicating a focus on innovation[98]. Shareholder Information - The company reported a total of 23,034 shareholders at the end of the reporting period[7]. - The largest shareholder, Xu Jinf, holds 38.35% of the shares, with a total of 209,416,781 shares[7]. - The company did not engage in any repurchase transactions during the reporting period[9]. Investment Performance - The company reported a 150.91% increase in investment losses, amounting to CNY -6,104,095.56, primarily due to increased losses from Jiangxi Yunli Lithium[14]. - The company reported a significant increase in investment losses of ¥4,162,672.47, compared to a gain of ¥454,207.43 in the previous year[34]. - The investment loss for the current period was ¥6,104,095.56, compared to a loss of ¥2,432,815.27 in the previous period, reflecting a worsening of investment performance[42]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[46]. - The company has not reported any non-operational fund occupation by controlling shareholders during the reporting period[23].