瑞丰光电(300241) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥16,046,018.26, a significant increase of 497.28% year-on-year[8]. - Operating income for the period was ¥362,872,109.31, reflecting a growth of 3.37% compared to the same period last year[8]. - Basic earnings per share increased to ¥0.0299, up 493.42% from the same period last year[8]. - The company's net profit for Q3 2020 was CNY 15,813,657.50, compared to a net loss of CNY 3,440,822.69 in the same period last year[40]. - The total comprehensive income for Q3 2020 was CNY 15,813,657.50, compared to a loss of CNY 3,440,822.69 in the same period last year[40]. - The company's total profit for the third quarter was approximately ¥40.54 million, up from ¥36.20 million in the same period last year, marking an increase of 12.9%[49]. - The company reported a credit impairment loss of 1,320.92 million, a reversal from a gain of 1,396.28 million in the previous year[18]. - The company reported a credit impairment loss of approximately ¥13.21 million, compared to a loss of -¥13.96 million in the previous year, showing a positive trend[49]. Cash Flow - The net cash flow from operating activities was -¥16,528,035.93, a decline of 129.96% year-on-year[8]. - The net cash flow from operating activities was -66,143,628.73 CNY, compared to 148,594,403.63 CNY in the previous period, indicating a significant decline[54]. - Total cash inflow from operating activities was 772,552,245.59 CNY, while cash outflow was 838,695,874.32 CNY, resulting in a net cash outflow of 66,143,628.73 CNY[54]. - The net cash flow from investing activities decreased by 281.30% to -10,276.00 million, mainly due to increased expenditures on long-term assets and financial products[20]. - Cash flow from investment activities showed a net outflow of -102,760,029.97 CNY, compared to -26,949,821.90 CNY in the previous period[55]. - The cash inflow from financing activities was 274,942,484.22 CNY, with a net cash flow of 109,949,508.23 CNY, contrasting with a net outflow of -175,424,356.46 CNY previously[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,143,588,341.14, an increase of 0.76% compared to the end of the previous year[8]. - The company's total assets as of September 30, 2020, were 2,143.59 million, a slight increase from 2,127.46 million at the end of 2019[30]. - Total liabilities decreased to CNY 900,996,640.36 from CNY 930,775,098.75 year-over-year[32]. - The company's equity attributable to shareholders increased to CNY 1,237,586,382.85 from CNY 1,191,539,847.95[32]. - Total liabilities reached CNY 930,775,098.75, with current liabilities at CNY 788,184,976.87 and non-current liabilities at CNY 142,590,121.88[63]. - The total liabilities to equity ratio stands at approximately 0.78, indicating a balanced capital structure[63]. Shareholder Information - The total number of shareholders at the end of the reporting period was 24,832, with the largest shareholder holding 26.24% of the shares[12]. - Shareholders' equity totaled CNY 1,196,685,795.09, including CNY 534,744,963.00 in share capital and CNY 278,437,858.39 in undistributed profits[63]. Expenses and Financial Management - Financial expenses increased by 569.58% to 324.89 million due to exchange losses from the depreciation of the US dollar against the RMB[18]. - Research and development expenses increased to CNY 33,941,463.97 from CNY 28,626,943.64 year-over-year, reflecting a growth of approximately 18.1%[38]. - The company reported a decrease in financial expenses, with interest expenses of CNY 424,500.00 compared to CNY 356,458.31 in the previous year[42]. - The company aims to enhance its market expansion strategies and invest in new product development to drive future growth[49]. Government Support - The company received government subsidies amounting to ¥30,934,806.23 during the reporting period[9]. Other Information - The company had no violations regarding external guarantees or non-operational fund occupation during the reporting period[24]. - The company did not undergo an audit for the Q3 report[67]. - The report indicates the first implementation of new revenue and leasing standards starting in 2020[67].