TJT(SZ:002977)2020-10-22 16:00Financial Performance - Operating revenue for the current period was CNY 51,143,690.10, representing a year-on-year increase of 33.64%[7] - Net profit attributable to shareholders decreased by 7.02% to CNY 10,371,626.24 compared to the same period last year[7] - Basic earnings per share decreased by 28.57% to CNY 0.15 compared to the same period last year[7] - Total operating revenue for Q3 2020 was CNY 51,143,690.10, an increase of 33.5% compared to CNY 38,270,912.04 in the same period last year[38] - Net profit for Q3 2020 was CNY 10,371,626.24, a decrease of 7.0% from CNY 11,154,123.47 in Q3 2019[40] - Year-to-date total operating revenue was CNY 141,536,106.53, a decline of 24.5% from CNY 187,392,080.14 in the previous year[43] - Year-to-date net profit was CNY 38,730,267.86, down 33.8% from CNY 58,499,891.89 in the same period last year[45] Assets and Liabilities - Total assets increased by 84.21% to CNY 1,051,875,238.02 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 134.14% to CNY 880,474,550.13 compared to the end of the previous year[7] - Cash and cash equivalents increased by 48.88% to ¥80,499,339.02 due to funds raised from stock issuance[15] - Accounts receivable rose significantly to CNY 405,676,930.00, up from CNY 320,235,775.00 in the previous year, indicating a growth of approximately 26.6%[35] - The total current liabilities decreased to CNY 152,940,814.89 from CNY 183,670,677.20, reflecting a reduction of about 16.7%[37] - The non-current assets totaled CNY 79,855,114.31, an increase from CNY 61,430,664.66 year-over-year[36] Cash Flow - Net cash flow from operating activities was negative at CNY -23,525,767.66, a decrease of 1,952.00% year-on-year[7] - Cash flow from operating activities decreased by 206.07% to -¥33,269,257.81 compared to the previous year[16] - Cash inflow from operating activities totaled CNY 63,327,824.68, significantly lower than CNY 144,319,489.18 in the prior period[49] - Cash outflow from operating activities was CNY 96,597,082.49, down from CNY 112,953,096.34 year-over-year[49] - Cash flow from investing activities resulted in a net outflow of CNY 389,595,285.81, compared to a smaller outflow of CNY 37,249,181.34 in the previous year[50] - Cash inflow from financing activities was CNY 495,481,500.00, a substantial increase from CNY 20,520,000.00 in the prior period[50] - The net increase in cash and cash equivalents for the quarter was CNY 31,252,456.38, compared to CNY 7,516,126.51 in the same period last year[50] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,183[11] - The top shareholder, Lou Jiyong, holds 36.01% of the shares, totaling 25,750,000 shares[11] Investments and Projects - Cumulative investment in fundraising projects reached ¥93,007,697.82, with ¥4,064.41 million invested during the reporting period[21] - The microwave front-end industrialization base project has achieved 20.51% of its planned investment progress[24] - The company has invested a total of CNY 490,000,000.00 in financial products using idle funds, with a remaining balance of CNY 360,000,000.00 as of September 30, 2020[28] Other Financial Metrics - The weighted average return on equity was 1.18%, down 2.17% from the previous year[7] - Financial expenses increased by 511.11% to -¥1,022,692.95, resulting from increased interest income on deposits following fundraising[16] - The company received government subsidies, leading to a 520.54% increase in other income to ¥2,224,762.85[16] - Research and development expenses for Q3 2020 were CNY 2,725,619.43, compared to CNY 2,539,417.10 in Q3 2019, reflecting a year-over-year increase of 7.3%[38] - The company reported a credit impairment loss of CNY 8,238,255.00 in Q3 2020, significantly higher than CNY 1,350,650.33 in Q3 2019[40] Audit and Compliance - The third quarter report was not audited[52]