FPT(SZ:300256)2020-10-29 16:00Financial Performance - Operating revenue for the quarter was ¥2,141,826,364.71, representing an 18.66% increase year-over-year[9]. - Net profit attributable to shareholders was ¥35,561,594.19, a decrease of 49.17% compared to the same period last year[9]. - Basic earnings per share were ¥0.04, down 42.86% from the previous year[9]. - The company reported a weighted average return on equity of 1.87%, a decrease of 2.29% compared to the previous year[9]. - The company's operating revenue for the current period reached ¥5,108,797,558.41, representing a 40.36% increase compared to ¥3,639,722,198.68 in the same period last year[33]. - The company's net profit for the current period is CNY 29,757,596.70, a decrease of 58.4% compared to CNY 71,570,754.84 in the previous period[74]. - The total comprehensive income for the current period is CNY 29,757,596.70, compared to CNY 71,570,754.84 in the previous period, indicating a significant decline[74]. - The total profit for the current period was ¥105,961,829.02, up from ¥35,571,060.61 in the previous period, representing an increase of approximately 197%[90]. Cash Flow - The net cash flow from operating activities was ¥52,235,169.86, showing a significant increase of 199.80% year-over-year[9]. - The net cash flow from operating activities improved significantly, reaching ¥140,691,765.82, a 148.06% increase from a net outflow of ¥292,729,265.43 in the previous year[36]. - Cash flow from operating activities was ¥4,332,388,015.88, compared to ¥3,385,163,591.96 in the previous period, showing an increase of about 27.9%[98]. - Cash inflow from financing activities was CNY 3,745,145,625.53, slightly down from CNY 3,837,807,612.70 in the previous period[11]. - Cash and cash equivalents at the end of the period amounted to CNY 151,666,563.43, down from CNY 464,548,710.26 in the previous period[22]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,850,748,899.28, an increase of 7.43% compared to the previous year[9]. - Total liabilities increased to ¥7,382,890,182.31 from ¥6,725,404,449.13, which is an increase of approximately 9.8%[55]. - The company's total liabilities rose to ¥3,260,649,521.03, compared to ¥2,732,355,387.91, marking an increase of approximately 19.3%[65]. - Long-term equity investments reached ¥200,000,000.00, a 100% increase attributed to new production lines and equipment upgrades[33]. - The company's total liabilities were CNY 6,725,404,449.13, indicating a significant leverage position[147]. Shareholder Information - The company had a total of 51,492 common shareholders at the end of the reporting period[13]. - The largest shareholder, Pingxiang Fantai Network Technology Co., Ltd., held 15.04% of the shares, totaling 144,056,026 shares[13]. Research and Development - Research and development expenses rose by 44.87% to ¥187,996,942.26, driven by increased investment in new customers and product development[33]. - Research and development expenses for the quarter were ¥67,927,003.51, compared to ¥49,972,069.30 in the previous year, reflecting a year-over-year increase of approximately 36%[70]. - Research and development expenses for the current period are CNY 9,145,216.81, up from CNY 7,880,771.58 in the previous period, reflecting a focus on innovation[77]. - Research and development expenses for the current period were ¥23,044,252.67, slightly up from ¥20,890,983.99 in the previous period, indicating a focus on innovation[91]. Market Expansion and Investments - The company plans to establish a wholly-owned subsidiary, Lianhua County Xingchen Technology Co., Ltd., to expand its market presence[37]. - The company intends to acquire a 48.75% stake in Jiangxi Xingxing and raise matching funds, although this plan was later terminated[37]. - The company is exploring market expansion strategies, although specific details were not disclosed in the report[146]. Financial Management - The company reported a financial expense of CNY 113,007,353.83 for the year-to-date, compared to CNY 102,764,449.04 in the previous year[83]. - The company reported a decrease in financial expenses, with interest expenses at ¥61,724,931.32 compared to ¥47,239,408.11 in the previous period, reflecting improved financial management[91].