SGT(SZ:002808)2020-10-28 16:00Financial Performance - Operating revenue for the reporting period was CNY 133,655,813.52, an increase of 88.20% year-on-year [7]. - Net profit attributable to shareholders was CNY 8,671,383.29, up 77.53% compared to the same period last year [7]. - Basic earnings per share for the reporting period were CNY 0.0323, an increase of 77.47% year-on-year [7]. - The total operating revenue for Q3 2020 was CNY 133,655,813.52, compared to CNY 71,019,067.84 in the same period last year, representing a significant increase [45]. - The net profit for Q3 2020 reached CNY 10,103,326.55, compared to CNY 4,884,489.04 in Q3 2019, indicating a year-over-year growth of approximately 106.5% [47]. - The net profit attributable to the parent company was CNY 9.33 million, representing a year-on-year increase of 24.6% from CNY 7.49 million [60]. - The total comprehensive income for the third quarter was CNY 9,667,651.93, compared to CNY 5,278,491.91 in the previous period [51]. Cash Flow and Investments - The net cash flow from operating activities was CNY 4,207,906.10, a decrease of 72.48% compared to the same period last year [7]. - The company's cash flow from operating activities for the first three quarters was ¥38,461,974.76, a 36.43% increase from ¥28,192,486.00 in the previous year [20]. - The company's cash and cash equivalents decreased by 246.46% to a net decrease of ¥23,050,490.39, influenced by changes in operating, investing, and financing activities [20]. - The net cash flow from financing activities is -CNY 60,378,318.57, compared to -CNY 1,766,887.53 in the previous period, indicating a significant increase in cash outflow [67]. - The company reported a net cash flow from investment activities of -CNY 28,628,235.33, worsening from -CNY 21,443,210.61 in the previous period [65]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 797,064,912.98, a decrease of 5.74% compared to the end of the previous year [7]. - The company's total liabilities decreased to CNY 191.53 million from CNY 252.91 million at the end of 2019 [39]. - The company's total assets reached CNY 845,630,083.57, with current assets totaling CNY 303,087,729.64 [72]. - Total liabilities amounted to CNY 252,907,711.34, with current liabilities at CNY 248,260,564.51 [72]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,490 [11]. - The largest shareholder, Yu Rongqing, held 39.52% of the shares, totaling 106,240,512 shares [11]. Research and Development - Research and development expenses increased by 49.76% to ¥14,796,695.74 from ¥9,880,186.76, driven by the R&D investments of Minbao Information [17]. - Research and development expenses for Q3 2020 were CNY 5,436,630.55, compared to CNY 3,476,578.96 in the same period last year, indicating an increase of approximately 56.4% [46]. Government Subsidies and Contracts - The company received government subsidies amounting to CNY 2,522,603.95 during the reporting period [8]. - The total amount of major contracts signed includes CNY 50 million for the smart warehousing and production workshop information construction project, which has been completed with CNY 44.27 million recognized as revenue [29]. Other Financial Metrics - The weighted average return on net assets was 1.48%, an increase of 0.62% compared to the previous year [7]. - The company reported an investment income of CNY 3,888,145.55, a significant recovery from a loss of CNY 2,737,741.02 in the previous year [46]. - The company has not reported any new product developments or market expansions in the third quarter [77].