ST天顺(002800) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 392,160,079.76, representing a year-on-year increase of 22.71%[7] - Net profit attributable to shareholders was CNY 8,581,239.52, up 2.77% year-on-year[7] - Basic earnings per share for the reporting period was CNY 0.1149, an increase of 2.77% compared to the same period last year[7] - The weighted average return on net assets was 1.83%, a slight increase of 0.03%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 27.97% to CNY 7,479,384.51[7] - Total operating revenue for Q3 2020 was CNY 392,160,079.76, an increase of 22.7% compared to CNY 319,591,769.96 in the same period last year[39] - Net profit for Q3 2020 was CNY 8,027,248.52, a decrease of 15.3% from CNY 9,481,994.06 in Q3 2019[41] - The company reported a total comprehensive income of $3.52 million, significantly lower than $29.39 million in the previous period[46] - Basic earnings per share for the current period is $0.0476, down 87.91% from $0.3935 in the previous period[46] Assets and Liabilities - Total assets increased by 5.52% to CNY 944,939,535.25 compared to the end of the previous year[7] - The company's current assets totaled CNY 771,184,023.85, up from CNY 715,109,498.92 at the end of 2019, reflecting a growth of approximately 7.8%[31] - Total liabilities as of September 30, 2020, were CNY 453,891,696.28, compared to CNY 425,000,200.36 at the end of 2019, indicating a growth of approximately 6.8%[33] - The company's equity attributable to shareholders reached CNY 477,204,662.59, up from CNY 460,985,514.41, reflecting an increase of about 3.5%[34] - The company's total liabilities were 425,000,200.36 CNY, with current liabilities totaling 382,815,470.66 CNY[66] - Total liabilities reached CNY 385,040,262.77, with current liabilities at CNY 378,022,183.96 and non-current liabilities at CNY 7,018,078.81[69] - The company’s total liabilities to total assets ratio stands at approximately 47.9%, indicating a moderate leverage level[69] Cash Flow - Net cash flow from operating activities improved significantly by 126.55% to CNY 17,183,987.26[7] - The company reported a net cash flow from operating activities of CNY -37,952,128.25, an improvement from CNY -61,549,369.29 in the previous year[57] - The net cash flow from operating activities for the current period was -27,203,370.66 CNY, an improvement from -54,406,108.63 CNY in the previous period[59] - Cash inflow from financing activities was CNY 35,681,390.19, compared to CNY 32,705,400.13 in Q3 2019[58] - Total cash inflow from financing activities was 222,825,953.00 CNY, compared to 218,579,791.86 CNY in the previous period, resulting in a net cash flow of 32,957,789.48 CNY[61] Expenses - Management expenses decreased by 31.04% to ¥11.60 million, resulting from reductions in labor costs, intermediary fees, and travel expenses[15] - R&D expenses fell by 51.78% to ¥1.05 million, due to decreased labor costs and project cost transfers[15] - Total operating costs for Q3 2020 were CNY 388,117,313.13, up from CNY 301,353,684.15, reflecting a year-over-year increase of 28.8%[40] - Financial expenses for Q3 2020 were CNY 8,695,346.83, significantly higher than CNY 3,391,344.52 in Q3 2019, indicating an increase of 156.5%[40] - Research and development expenses decreased to $94.99 thousand, down 86.55% from $708.49 thousand in the previous period[44] Shareholder Information - The company reported a total of 13,004 common shareholders at the end of the reporting period[11] - The largest shareholder, Xinjiang Tienshun Investment Group Co., Ltd., holds 44.99% of the shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Other Financial Activities - The company approved a guarantee of up to ¥30 million for its subsidiary Xinjiang Tianhui Logistics Co., Ltd. for bank credit applications[18] - The total approved guarantee amount for subsidiaries and grandsons reached ¥140 million, with no outstanding guarantees[18] - The company revised its non-public issuance of A-shares plan due to changes in market conditions, pending approval from the China Securities Regulatory Commission[17] - The company reported no significant investments in securities or derivatives during the reporting period[22][23] - There were no major contracts or external guarantees reported during the period, indicating a stable operational environment[24][25] - The company did not engage in any fundraising projects or significant non-operational fund usage by major shareholders during the reporting period[26][27]