SACA(SZ:300464)2020-10-25 16:00Financial Performance - Operating revenue for the period reached ¥1,412,146,565.42, a 57.52% increase year-over-year[9] - Net profit attributable to shareholders was ¥76,353,255.31, marking a 120.55% increase compared to the same period last year[9] - The net profit after deducting non-recurring gains and losses was ¥74,506,346.06, up 126.57% year-over-year[9] - Basic earnings per share were ¥0.22, a 100.00% increase compared to the same period last year[9] - The weighted average return on equity was 3.94%, an increase of 1.59% compared to the previous year[9] - The net profit attributable to shareholders rose by 53.08% to ¥497,664,627.18, driven by increased sales and profitability[20] - The net profit for the quarter reached CNY 81,386,528.31, compared to CNY 35,217,990.34 in the same period last year, showing a growth of approximately 131.3%[41] - The net profit attributable to the parent company for the current period is 202,683,153.13, compared to 90,044,760.98 in the previous period, indicating a growth of about 125.5%[50] - The comprehensive income total for the current period is 208,489,497.99, compared to 91,677,583.03 in the previous period, reflecting a growth of about 127.6%[51] Assets and Liabilities - Total assets increased to ¥4,046,277,271.04, representing an 18.93% increase compared to the end of the previous year[9] - The company's current assets totaled CNY 2,241,311,284.62, up from CNY 1,661,004,928.77 in the previous year, indicating a growth of approximately 34.7%[30][34] - The company's total liabilities reached CNY 2,059,648,947.82, up from CNY 1,593,766,614.11, representing a growth of about 29.2%[33][34] - The total liabilities increased to CNY 860,586,054.05 from CNY 796,680,867.40, indicating a rise in financial obligations[37] - The company's total current liabilities stand at ¥765,626,857.09, indicating a substantial short-term financial obligation[71] Cash Flow - The net cash flow from operating activities was -¥131,340,298.92, a significant decline of 317.19% compared to the previous year[9] - The company's cash flow from operating activities increased by 65.75% to ¥2,774,936,286.31, indicating improved cash collection[21] - The net cash flow from operating activities is negative at ¥126,660,838.11, a significant drop from a positive cash flow of ¥13,278,942.58 in the previous period[58] - The company reported a total cash inflow from financing activities of ¥835,186,028.23, an increase from ¥602,768,533.92 in the previous period[59] - The net cash flow from financing activities was 277,931,595.89 CNY, up from 257,566,192.19 CNY in the same quarter last year[63] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,119[12] - The largest shareholder, Guangdong Xingye Investment Co., Ltd., held 27.69% of the shares, amounting to 97,783,935 shares[13] - The total equity attributable to shareholders increased to CNY 1,969,389,757.40 from CNY 1,801,150,756.57, indicating a growth of about 9.3%[34] Research and Development - The company’s R&D expenses grew by 40.51% to ¥53,780,128.77, highlighting a focus on product development[21] - Research and development expenses for the quarter were CNY 20,348,060.15, compared to CNY 14,253,860.45 in the previous year, indicating a focus on innovation[40] - Research and development expenses increased significantly to 5,277,630.46 from 1,604,019.31, marking a growth of approximately 229.5%[44] Financial Standards and Reporting - The company has implemented new revenue and leasing standards starting from 2020, which may impact future financial reporting[64] - The company has implemented new revenue and leasing standards starting January 1, 2020, affecting financial reporting[73] - The third quarter report was not audited, indicating potential limitations in the reliability of the financial data presented[74]