竞业达(003005) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 198,077,615.59, a significant increase of 621.00% year-on-year[8] - Net profit attributable to shareholders was CNY 56,871,170.04, reflecting a growth of 484.55% compared to the same period last year[8] - Basic earnings per share rose to CNY 0.5348, an increase of 379.41% year-on-year[8] - Total operating revenue for Q3 2020 reached ¥198,077,615.59, a significant increase from ¥27,472,725.90 in the previous period[38] - Operating profit for the quarter was CNY 64,541,817.20, a significant improvement from a loss of CNY 14,339,879.93 in the same period last year[40] - Net profit for the third quarter was CNY 56,686,130.83, compared to a net loss of CNY 15,217,716.19 in the previous year[40] - The company reported a total profit of CNY 64,930,139.35 for the quarter, compared to a loss of CNY 14,110,650.69 in the same period last year[40] - The total comprehensive income for the quarter was CNY 56,686,130.83, compared to a loss of CNY 15,217,716.19 in the previous year[41] - The company’s total operating revenue for the year-to-date reached CNY 491,685,407.56, up from CNY 403,198,281.75 in the previous year[47] - The net profit for Q3 2020 was CNY 137,608,503.23, representing a 59.2% increase compared to CNY 86,429,612.24 in Q3 2019[49] Assets and Liabilities - Total assets increased by 99.03% to CNY 1,808,547,272.25 compared to the end of the previous year[8] - Total liabilities decreased slightly to ¥442,011,156.42 from ¥449,232,267.32[32] - The total assets of the company reached CNY 800,064,833.63, with current assets at CNY 500,044,942.74 and non-current assets at CNY 300,019,890.89[71] - The company's equity totaled CNY 459,462,841.40, with CNY 317,299,598.96 in undistributed profits[67] - The company reported accounts receivable of CNY 226,695,879.49 and inventory of CNY 122,785,564.69[70] Cash Flow - The net cash flow from operating activities was negative at CNY -51,922,625.02, a decline of 3,678.66% compared to the previous year[8] - The cash flow from operating activities was CNY 415,530,413.81, compared to CNY 448,895,881.72 in the previous year, showing a slight decline[55] - The net cash flow from operating activities was -37,120,956.65 CNY, a decrease compared to 17,311,635.88 CNY in the previous period[57] - The total cash inflow from investment activities was 404,882,315.07 CNY, while cash outflow was 381,482,382.31 CNY, resulting in a net cash flow of 23,399,932.76 CNY[57] - The company raised 785,167,825.00 CNY from financing activities, significantly higher than 10,592,384.85 CNY in the previous period[58] - The total cash and cash equivalents at the end of the period reached 896,388,803.35 CNY, up from 68,729,459.21 CNY in the previous period[58] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,454[12] - The top shareholder, Qian Rui, holds 29.27% of the shares, amounting to 31,025,000 shares[12] - The company did not engage in any repurchase transactions during the reporting period[13] Investments and Expenses - Research and development expenses for the quarter were CNY 10,625,386.94, an increase from CNY 8,083,244.57 in the previous year[39] - Research and development expenses increased to CNY 27,687,293.18, a rise of 17.9% from CNY 23,567,520.07 in the previous year[48] - The company reported a decrease in financial expenses, with a net financial income of CNY -2,094,554.84 compared to CNY -1,672,671.80 in the previous year[48] Accounting Changes - The company executed a new revenue recognition standard starting January 1, 2020, which affected the reporting of contract liabilities and tax payables[68] - The company had a contract liability of CNY 59,987,677.19 and tax payable of CNY 7,798,398.04 as of January 1, 2020, due to the new revenue recognition standard[68] - The company’s total liabilities increased by CNY 6,948,667.26 in tax payables compared to previous reporting periods[71] - The company reported a decrease in prepayments by CNY 67,786,075.23 due to the new accounting standards[68]