晶盛机电(300316) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 12.07% to ¥247,397,447.04 for the reporting period[3] - Operating revenue for the period was ¥1,014,535,598.28, reflecting a growth of 22.40% year-on-year[3] - Basic earnings per share increased by 11.76% to ¥0.19 for the reporting period[3] - Operating profit for the current period was ¥294,135,274.71, compared to ¥253,311,741.77 in the previous period, reflecting an increase of 16.1%[25] - Net profit for the current period was ¥246,474,127.16, up from ¥221,128,715.35, representing an increase of 11.4%[25] - Total revenue for the current period reached ¥1,014,535,598.28, a 22.4% increase from ¥828,889,588.63 in the previous period[24] - The company reported a total comprehensive income of ¥246,621,686.28 for the current period, compared to ¥221,065,719.09 in the previous period, reflecting an increase of 11.6%[73] Assets and Liabilities - Total assets increased by 25.43% to ¥9,862,077,340.72 compared to the end of the previous year[3] - Total liabilities amounted to CNY 4.92 billion, up from CNY 3.15 billion at the end of 2019, representing a growth of 56.0%[20] - The company's cash and cash equivalents at the end of the reporting period amounted to 841.88 million CNY, a growth of 44.63% compared to the beginning of the period[12] - Total assets reached CNY 9.86 billion as of September 30, 2020, compared to CNY 7.86 billion at the end of 2019, marking an increase of 25.4%[19] - Total liabilities rose to ¥4,797,370,533.61, compared to ¥3,311,709,441.26 in the previous period, marking a 44.8% increase[70] Cash Flow - The net cash flow from operating activities decreased by 43.93% to ¥141,333,905.09 compared to the previous period[3] - The net cash flow from operating activities for the first three quarters of 2020 was 923.69 million CNY, a year-on-year increase of 115.81% due to higher cash receipts from sales[14] - Cash flow from operating activities was ¥2,945,630,975.07, significantly higher than ¥1,742,711,325.13 in the previous period[35] - The net cash flow from operating activities increased to ¥727,992,707.97, up from ¥426,272,156.82, representing a growth of approximately 70.7% year-over-year[85] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,482[7] - The largest shareholder, Shaoxing Shangyu Jingsheng Investment Management Consulting Co., Ltd., held 48.32% of shares[7] - The top ten shareholders hold a combined total of 62.56% of the shares, with the largest individual shareholder, Qiu Minxiu, owning 2.97%[54] - There were no transactions involving repurchase agreements among the top ten common shareholders during the reporting period[55] Research and Development - Research and development expenses for the current period were ¥61,524,931.50, which is a 100.5% increase from ¥30,633,405.21 in the previous period[24] - The company has developed third-generation semiconductor materials SiC crystal growth furnaces, with the first units already delivered to customers, indicating strong progress in R&D[11] - The company has established a joint venture with a leading consumer electronics manufacturer to build a sapphire material manufacturing base, enhancing its market position[11] Inventory and Receivables - The company's inventory at the end of the reporting period was 1,913.57 million CNY, an increase of 37.75% from the beginning of the period, mainly due to an increase in dispatched goods[12] - Accounts receivable rose to CNY 1.22 billion, up from CNY 1.12 billion year-over-year, indicating an increase of 9.5%[19] Non-Recurring Items - Non-recurring gains and losses for the period amounted to ¥33,121,292.33[6] - The company reported a non-recurring loss from the disposal of non-current assets amounting to CNY -2,119,152.04[52] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 234,010,912.14, an increase of 4.09%[50] Corporate Governance - The company has not reported any violations regarding external guarantees during the reporting period[16] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[16] - The company has not engaged in any new strategies related to market expansion or mergers and acquisitions during this reporting period[56]