东方嘉盛(002889) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥989,864,771.99, a decrease of 77.94% compared to the same period last year[9] - Net profit attributable to shareholders of the listed company was ¥41,748,604.36, representing a year-on-year increase of 21.15%[9] - Net profit after deducting non-recurring gains and losses reached ¥39,370,772.79, up 92.89% from the previous year[9] - Basic earnings per share for the reporting period were ¥0.302, an increase of 20.80% compared to the same period last year[9] - The company achieved total operating revenue of CNY 3,914,969,397.11, a year-on-year decrease of 62.86%[17] - Operating profit reached CNY 173,918,941.87, an increase of 21.01% year-on-year[17] - Net profit attributable to shareholders was CNY 139,520,360.63, reflecting a year-on-year growth of 20.06%[17] - The company reported a total comprehensive income of CNY 45,833,148.45 for Q3 2020, compared to CNY 36,413,252.48 in the previous year[45] - The net profit for Q3 2020 reached CNY 28,434,241.72, representing a 97.8% increase from CNY 14,389,094.64 in the previous year[49] - The total profit attributable to the parent company for the third quarter was CNY 139,520,360.63, an increase from CNY 116,212,143.63 in the previous year, representing a growth of 19.9%[53] Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,381,538,703.13, an increase of 1.58% compared to the end of the previous year[9] - The company's total liabilities reached ¥10,647,702,183.14, compared to ¥10,566,160,515.58 at the end of 2019, marking a 0.8% increase[35] - The total current assets amounted to ¥11,940,214,859.51, slightly up from ¥11,747,831,521.58 at the end of 2019, indicating a 1.6% increase[33] - Short-term borrowings surged to ¥10,269,935,773.26, up from ¥6,128,252,926.85, reflecting a significant increase of 67.8%[34] - Cash and cash equivalents increased by 117%, reaching CNY 6,779,101,299.52, primarily due to improved cash management activities[18] - The company's inventory decreased significantly to ¥3,082,625.06 from ¥55,445,945.21, a decline of 94.4%[33] Cash Flow - The net cash flow from operating activities was ¥5,274,339.63, a significant improvement of 101.80% year-on-year[9] - The company reported a 76% decrease in net cash flow from operating activities, totaling CNY 22,403,205.55[19] - The cash flow from operating activities showed a net inflow of CNY 22,403,205.55, down from CNY 93,109,111.34 in the previous period[61] - The net cash flow from operating activities was -20,565,559.99, a significant decrease compared to 191,538,674.79 in the previous year[65] - Cash inflow from financing activities showed a net inflow of CNY 53,837,705.32, a significant improvement from a net outflow of CNY 307,207,119.33 in the previous period[62] Shareholder Information - The company reported a total of 12,577 common shareholders at the end of the reporting period[13] - Major shareholder Sun Weiping holds 46.11% of the shares, with a total of 63,677,000 shares[13] Research and Development - Research and development expenses surged by 461% to CNY 7,131,977.60, attributed to increased costs from the acquisition of a subsidiary[19] - Research and development expenses for Q3 2020 were CNY 3,348,834.12, compared to CNY 1,272,230.67 in the previous year, indicating a significant increase in R&D investment[43] - Research and development expenses for the third quarter amounted to CNY 7,131,977.60, significantly higher than CNY 1,272,230.67 in the same period last year, marking a 460.5% increase[52] Future Outlook - The company expects significant changes in net profit for the upcoming reporting period, indicating potential losses[24] Compliance and Governance - The company has not engaged in any securities or derivative investments during the reporting period[21][22] - There were no violations regarding external guarantees during the reporting period[26] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[28]