捷荣技术(002855) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 900,345,460.19, a decrease of 6.34% year-on-year[8] - Net profit attributable to shareholders was CNY 47,792,871.52, an increase of 380.26% year-on-year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 46,741,580.61, an increase of 377.45% year-on-year[8] - Basic and diluted earnings per share were both CNY 0.20, an increase of 400.00% year-on-year[8] - The estimated cumulative net profit for the year is projected to be ¥7,597.89 million, which is a 35% increase compared to the previous year's ¥5,628.07 million[32] - Basic earnings per share are expected to rise to ¥0.31 from ¥0.23, marking a growth of 34.78%[32] - Total operating revenue for Q3 2020 reached ¥900,345,460.19, an increase of 21.1% compared to ¥743,652,208.77 in the same period last year[46] - Net profit for Q3 2020 was ¥44,322,606.98, significantly higher than ¥4,316,489.06 in Q3 2019, marking an increase of 927.5%[48] - Net profit attributable to the parent company was CNY 54,119,398.98, up from CNY 36,731,031.08 year-over-year, reflecting a growth of approximately 47.2%[55] - Total comprehensive income for the quarter was CNY 40,304,008.28, an increase from CNY 26,407,280.67 in the previous year, representing a growth of approximately 52.5%[56] Assets and Liabilities - Total assets increased by 3.48% to CNY 2,847,700,202.07 compared to the end of the previous year[8] - Total liabilities increased to CNY 1,492,564,829.68 from CNY 1,467,236,651.03, reflecting a growth of about 1.7%[42] - Current liabilities totaled CNY 1,444,121,129.37, a slight increase from CNY 1,402,943,091.35, representing a growth of about 2.9%[42] - The total current assets as of September 30, 2020, were ¥1,822,663,609.51, an increase from ¥1,734,356,555.39 at the end of 2019, reflecting a growth of approximately 5.1%[39] - Cash and cash equivalents decreased to CNY 122,539,569.10 from CNY 184,011,102.25, a decline of approximately 33.4%[44] - The total liabilities amount to ¥1,672,184,001.99, with current liabilities at ¥1,654,654,417.80[78] - The total assets amount to ¥2,751,899,682.95, with current assets at ¥1,734,356,555.39[72] Cash Flow - Net cash flow from operating activities was negative CNY 51,935,296.37, a decrease of 148.17% year-on-year[8] - Net cash flow from operating activities decreased by 60.09% year-on-year, mainly due to a reduction in due receivables[19] - Cash and cash equivalents net increase decreased by 248.26% year-on-year, primarily due to a reduction in due receivables and previous year’s government support funds[26] - Cash flow from operating activities generated a net amount of ¥52,874,432.23, down 60.16% from ¥132,475,003.36 in the previous period[65] - Total cash inflow from operating activities is ¥1,655,041,114.04, down from ¥1,851,347,136.07, reflecting a decline of approximately 10.6%[68] - Cash outflow from operating activities totaled ¥1,605,961,481.08, compared to ¥1,793,626,311.98 in the previous period, indicating a decrease of about 10.5%[68] Shareholder Information - Net assets attributable to shareholders increased by 4.96% to CNY 1,362,285,006.00 compared to the end of the previous year[8] - The total number of shareholders at the end of the reporting period was 21,060[11] - The total equity attributable to shareholders reached CNY 1,362,285,006.00, compared to CNY 1,297,876,251.09, indicating an increase of about 5.0%[43] Expenses and Costs - Sales expenses increased by 58.96% year-on-year, primarily due to rising freight costs[19] - Research and development expenses rose to ¥22,757,330.35, compared to ¥15,136,375.48 in the previous year, indicating a year-over-year increase of 50.5%[47] - The company reported a decrease in sales expenses to ¥10,717,238.36, down 35.0% from ¥16,469,729.77 in the previous period[59] - Financial expenses decreased to ¥9,167,132.12, a slight reduction from ¥9,570,648.80 in the previous period[59] Investments and Subsidiaries - The company received government subsidies totaling CNY 3,639,022.45 during the reporting period[10] - Investment income increased by 73.87% year-on-year, attributed to reduced losses from associated companies[19] - The company reported a net loss from investments in joint ventures of CNY -363,755.58, compared to a loss of CNY -247,931.39 in the previous year, indicating a worsening performance in this area[54] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[48] - The company anticipates that its operating income will remain comparable to the previous year, with significant improvements in product and customer structure[32]