COL(SZ:300364)2020-10-27 16:00Financial Performance - Operating revenue for the reporting period was CNY 227,907,004.69, representing a year-on-year increase of 43.98%[3] - Net profit attributable to shareholders was CNY 20,879,855.26, a significant increase of 150.87% year-on-year[3] - The net cash flow from operating activities was CNY 13,134,087.66, up 171.94% compared to the same period last year[3] - Basic earnings per share for the reporting period was CNY 0.0287, reflecting a growth of 153.95% year-on-year[4] - Total operating revenue for the current period reached ¥227,907,004.69, a significant increase from ¥158,291,498.29 in the previous period, representing a growth of approximately 43.9%[27] - The net profit for the current period was ¥23,733,957.76, a turnaround from a net loss of ¥38,861,003.86 in the previous period[29] - Operating profit for the current period was ¥25,527,438.60, compared to a loss of ¥40,139,090.52 in the previous period, showing a substantial improvement[29] - The company reported a total comprehensive income of approximately ¥45.20 million for Q3 2020, recovering from a loss of ¥165.23 million in Q3 2019[36] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,948,442,126.03, an increase of 8.09% compared to the end of the previous year[3] - Current liabilities rose significantly to CNY 463,773,583.34, compared to CNY 316,666,271.82, marking an increase of approximately 46.3%[22] - The company's total liabilities reached CNY 482,472,848.62, up from CNY 384,460,128.52, reflecting a growth of around 25.6%[22] - The equity attributable to shareholders increased to CNY 1,458,110,006.10 from CNY 1,415,848,334.22, showing a rise of about 2.9%[23] - Total assets increased to CNY 1,948,442,126.03, up from CNY 1,802,583,811.25, representing a growth of approximately 8.1% year-over-year[21] - Non-current assets totaled CNY 848,727,491.83, a decrease from CNY 884,556,729.51, indicating a decline of about 4.1%[21] Cash Flow - The net cash flow from operating activities increased significantly to ¥115,838,145.47, a 459.04% increase from a negative cash flow of ¥32,263,493.68 in the previous year[15] - Cash and cash equivalents decreased by 48.52% to ¥315,077,931.97 from ¥611,981,186.02 at the beginning of the year[12] - The company reported cash inflow from investment activities of ¥633,572,218.13, compared to ¥77,207,618.92 in the previous period[42] - The net cash flow from investment activities was -¥492,368,657.42, worsening from -¥23,521,840.52 in the previous period[42] - Cash inflow from financing activities was $100,794,560.61, up from $90,178,431.11 in the prior period[45] Shareholder Information - The total number of common shareholders at the end of the reporting period was 48,157[7] - The top shareholder, Tong Zhilei, held 13.71% of the shares, amounting to 99,712,416 shares[7] Expenses - Total operating costs for the current period were ¥232,696,545.02, compared to ¥203,901,973.05 in the previous period, indicating an increase of about 14.1%[28] - Research and development expenses increased to ¥18,267,005.45 from ¥13,019,898.28, reflecting a rise of approximately 40.5%[28] - The company’s sales expenses increased to ¥121,565,616.84 from ¥95,752,725.86, marking an increase of about 27%[28] - The company’s management expenses decreased to ¥22,660,822.78 from ¥26,913,768.01, indicating a reduction of approximately 15.5%[28] Investment Activities - The company reported an investment income of ¥55,374,811.76, a significant increase of 613.34% compared to a loss of ¥10,787,189.16 in the previous year[14] - The company achieved an investment income of approximately ¥55.37 million in Q3 2020, a turnaround from a loss of ¥10.79 million in Q3 2019[35] Future Outlook - The company expects to continue expanding its overseas business, contributing to increased cash inflows from overseas user recharge[15] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36]