东方嘉盛(002889) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥41,748,604, representing a 21.15% increase year-on-year[7]. - Operating revenue for the period was ¥88,480,345.95, a significant decrease of 80.28% compared to the same period last year[7]. - Basic earnings per share increased by 20.80% to ¥0.302 compared to the same period last year[7]. - The weighted average return on net assets was 2.59%, up from 2.24% in the previous year[7]. - The company reported a total equity of CNY 1.73 billion, up from CNY 1.62 billion, reflecting an increase of about 6.8%[34]. - The net profit attributable to the parent company increased to CNY 990.54 million from CNY 894.30 million, reflecting a growth of approximately 10.8%[34]. - Net profit for Q3 2020 reached CNY 45,841,528, compared to CNY 36,413,252 in Q3 2019, representing a year-over-year increase of approximately 25.5%[41]. - The company reported a profit before tax of CNY 173,723,376.14, compared to CNY 143,726,675.59 in the previous year, marking an increase of about 20.8%[49]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥5,274,339.63, a turnaround from a negative cash flow of ¥294,574,361.61 in the previous year, marking a 101.80% improvement[7]. - Cash flow from operating activities fell by 76% to ¥22,403,205.55 from ¥93,109,111.34, mainly due to increased payments for customer collections[16]. - The company's cash and cash equivalents increased significantly to CNY 6.78 billion from CNY 3.12 billion, representing a growth of 117.5%[31]. - The total cash and cash equivalents increased by ¥94,646,779.02, contrasting with a decrease of ¥2,122,664.06 in the previous period[56]. - The net cash flow from operating activities was -20,565,559.99, a significant decrease compared to 191,538,674.79 in the previous period[59]. 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 previous year[7]. - The total current liabilities rose to CNY 10.62 billion from CNY 10.54 billion, indicating a slight increase of 0.76%[33]. - The company’s total liabilities reached CNY 10.65 billion, slightly up from CNY 10.57 billion, indicating a growth of 0.85%[33]. - The total assets of the company were CNY 8,843,124,965.86, slightly down from CNY 8,844,987,960.53 in the previous quarter[40]. - Total liabilities amounted to CNY 7,494,609,685.93, slightly down from CNY 7,550,783,825.27 in the previous quarter[40]. Shareholder Information - The total number of shareholders at the end of the reporting period was 12,577, with the top ten shareholders holding a combined 73.18% of shares[11]. - The largest shareholder, Sun Weiping, holds 46.11% of the shares, amounting to 63,677,000 shares[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. Research and Development - Research and development expenses surged by 461% to ¥7,131,977.60 from ¥1,272,230.67, driven by increased R&D activities following the acquisition of Shanghai Xingya Customs Declaration Co., Ltd.[16]. - Research and development expenses for Q3 2020 were CNY 3,348,834.12, significantly higher than CNY 1,272,230.67 in Q3 2019, indicating a focus on innovation[40]. Revenue and Cost Trends - Revenue for the third quarter was ¥1,719,194,086.76, a decline of 84% compared to ¥10,531,524,718.18, primarily due to the implementation of new revenue standards and the impact of the pandemic[16]. - Operating costs decreased by 86% to ¥1,428,877,696.52 from ¥10,381,208,681.41, reflecting the same factors affecting revenue[16]. - Total operating revenue for Q3 2020 was CNY 885,952,775, a decrease from CNY 4,488,050,297 in the same period last year[39]. - Total operating costs for Q3 2020 were CNY 837,757,689, down from CNY 4,461,085,515 in the previous year[40]. Financial Position and Investments - The company raised ¥446,818,200.00 from issuing 34.53 million shares at ¥12.94 per share, with a net amount of ¥405,766,514.40 after deducting issuance costs[21]. - There were no significant investments in securities or derivatives during the reporting period[19][20]. - The company has a capital reserve of CNY 483.70 million, indicating a strong financial position for potential future investments[69].