NEWU(SZ:300472)2020-10-29 16:00Financial Performance - Operating revenue for the reporting period reached CNY 138,959,923.14, an increase of 88.24% year-on-year[9] - Net profit attributable to shareholders increased by 208.53% to CNY 9,477,332.20 for the reporting period[9] - Basic earnings per share rose by 300.00% to CNY 0.04, while diluted earnings per share also increased by 300.00%[9] - Operating profit decreased by 75.75% to CNY 9,181,362.78, attributed to a decline in gross profit[18] - Net profit for the third quarter increased to CNY 8,394,308.85, compared to CNY 6,142,442.05 in the previous period, representing a growth of approximately 36.7%[40] - The total comprehensive income for the period was CNY 14,330,333.31, down from CNY 29,717,299.69, a decline of 51.8%[50] Cash Flow - The net cash flow from operating activities was CNY -10,722,934.18, a decrease of 121.43% compared to the same period last year[9] - Cash flow from operating activities showed a significant decline of 593.29%, resulting in a net cash outflow of CNY -54,834,933.74[18] - The cash flow from operating activities was CNY 184,659,132.92, compared to CNY 235,377,938.44 in the previous year, indicating a decrease of 21.5%[55] - The company reported a total cash and cash equivalents balance of 16,626,387.31 CNY at the end of the period, down from 35,561,475.27 CNY in the previous period[58] - The company’s net cash flow from financing activities improved significantly from -15,775,817.27 CNY to 42,796,685.90 CNY[58] Assets and Liabilities - Total assets increased by 3.26% to CNY 1,630,066,522.89 compared to the end of the previous year[9] - Total liabilities rose to CNY 505,221,085.13, up from CNY 459,270,026.76 year-over-year[32] - Current liabilities totaled CNY 471,746,028.76, an increase from CNY 424,968,096.33 in the previous period[32] - The total equity attributable to shareholders reached CNY 1,088,259,967.61, compared to CNY 1,078,377,942.45 in the previous year[33] - The company’s total non-current liabilities are CNY 34,301,930.43, primarily consisting of provisions and deferred income[67] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,784[13] - The largest shareholder, Jiangxi Guolian Dacheng Industrial Co., Ltd., held 11.12% of the shares[13] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[14] Other Income and Expenses - Other income increased by 52.06% to CNY 16,352,316.85 due to increased government subsidies received[18] - Research and development expenses for the third quarter were CNY 7,401,870.05, slightly down from CNY 7,581,282.51 in the previous period[39] - The company incurred credit impairment losses of CNY -10,816,285.57, compared to CNY -3,525,513.86 in the previous year, indicating a worsening of 206.5%[48] Financing Activities - The company received CNY 65,804,796.98 from employee stock incentive funds and working capital during the financing activities, a 1460.67% increase[19] - The company received 131,500,000.00 CNY in borrowings during the period, compared to 151,938,000.00 CNY in the previous period[58] - Total cash inflow from financing activities reached 219,143,676.98 CNY, while cash outflow was 176,346,991.08 CNY, resulting in a net cash flow of 42,796,685.90 CNY[58]