TKC(200512)2020-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 56.23% to CNY 54,549,173.46 for the reporting period[8] - Operating income for the reporting period was CNY 693,486,076.76, representing a year-on-year increase of 22.10%[8] - The basic earnings per share for the reporting period was CNY 0.30, up 66.67% from the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 10.03% to CNY 38,474,618.79[8] - The net profit for Q3 2020 was ¥73.16 million, representing a 51.5% increase from ¥48.29 million in Q3 2019[38] - The net profit attributable to the parent company for Q3 2020 was ¥54,549,173.46, an increase of 56.4% compared to ¥34,915,901.13 in the same period last year[40] - The net profit for the year-to-date period was ¥125,233,343.20, compared to ¥134,990,727.84 in the previous year, showing a decline of 7.3%[43] - The net profit attributable to the parent company for Q3 2020 was ¥93,769,876.62, an increase of 14.5% compared to ¥82,208,469.08 in the same period last year[45] Cash Flow - The net cash flow from operating activities reached CNY 175,863,935.96, a significant increase of 280.36% compared to the same period last year[8] - The net cash flow from operating activities for Q3 2020 was ¥147,852,059.82, compared to ¥50,403,316.97 in the previous year, representing a growth of 193.5%[48] - The net cash flow from operating activities for the period was -60,695,145.37 CNY, compared to -15,776,539.01 CNY in the previous period, indicating a decline of approximately 284.3%[51] - The cash inflow from operating activities totaled 228,525,746.15 CNY, down from 305,184,497.88 CNY, reflecting a decrease of about 25.2%[51] - The cash outflow for operating activities was 289,220,891.52 CNY, compared to 320,961,036.89 CNY in the previous period, showing a reduction of approximately 9.9%[51] Assets and Liabilities - Total assets increased by 14.00% to CNY 2,230,443,362.59 compared to the end of the previous year[8] - The company's total current liabilities were reported at CNY 1,000,000,000, reflecting a significant increase compared to the previous period[33] - Total liabilities as of September 30, 2020, amounted to ¥986.24 million, an increase from ¥789.18 million at the end of 2019[34] - The total owner's equity was CNY 1,167,268,875.56 as of January 1, 2020[57] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,402[12] - The largest shareholder, Fordchee Development Limited, holds 29.10% of the shares, totaling 53,940,530 shares[13] Financial Management and Investments - The company has allocated RMB 60,000.00 million for bank wealth management products, all sourced from its own funds, with no overdue amounts reported[25] - The company has established strict internal evaluations and regulatory mechanisms for its financial derivative business, ensuring that risks are controllable and in compliance with relevant laws and regulations[23] - The company has committed to conducting monthly evaluations of its derivative investments, with reports submitted to senior management[23] - The company has set a loss limit for single derivative investments at 20% of the total investment amount[23] Operational Changes - The company did not engage in any repurchase transactions during the reporting period[14] - The company has not indicated any significant changes in its expected net profit for the year compared to the previous year[24] - The company has not disclosed any major contracts or significant changes in its operational strategy during the reporting period[24] Revenue and Costs - Total operating revenue for Q3 2020 reached ¥693.49 million, an increase of 22.1% compared to ¥567.95 million in Q3 2019[38] - Total operating costs for Q3 2020 were ¥634.02 million, up 23.4% from ¥513.76 million in the same period last year[38] - The total operating revenue for the year-to-date period was ¥1,486,500,661.12, slightly down from ¥1,497,398,991.00 in the previous year, indicating a decrease of 0.6%[43] - The total operating costs for the year-to-date period were ¥1,369,245,270.05, down from ¥1,421,118,737.52, a reduction of 3.7%[43] Other Financial Metrics - The company's financial expenses rose by 118% to ¥2,576,113.20, primarily due to unrealized exchange losses and increased interest income[20] - The company's other income increased by 59.39% to ¥5,198,859.24, mainly from increased government subsidies related to operations[20] - The company's asset impairment losses increased significantly by 317.30% to -¥8,168,874.99, due to higher provisions for inventory and fixed asset impairments[20]