JIAFAET(SZ:300559)2020-10-29 16:00Financial Performance - Operating revenue for the current period was CNY 116,278,609.97, a year-on-year increase of 5.94%[9] - Net profit attributable to shareholders decreased by 8.56% to CNY 54,409,339.73 compared to the same period last year[9] - Basic earnings per share decreased by 6.67% to CNY 0.14[9] - The company reported a net profit of CNY 596,402,543.81 in retained earnings, up from CNY 503,672,330.63 in the previous year[35] - Net profit for Q3 2020 was CNY 52,885,215.01, a decrease of 11.1% compared to CNY 59,539,004.27 in the same period last year[42] - The total profit for the quarter was CNY 174,183,937.13, compared to CNY 167,712,715.38 in Q3 2019, marking an increase of 3.8%[53] - The net profit attributable to the parent company was CNY 172,636,261.68, up from CNY 155,193,425.08, representing an increase of 11.2% year-over-year[51] - Total comprehensive income for Q3 2020 was CNY 52,885,215.01, down from CNY 59,539,004.27 year-over-year[43] Assets and Liabilities - Total assets increased by 5.10% to CNY 1,320,272,888.26 compared to the end of the previous year[9] - Total liabilities amounted to CNY 199,267,707.95, down from CNY 238,288,703.47 in the previous year[34] - Current liabilities decreased to CNY 198,325,406.46 from CNY 237,244,364.48 year-over-year[34] - Owner's equity increased to CNY 1,121,005,180.31 from CNY 1,017,906,802.50 year-over-year[35] - Total assets reached CNY 1,320,272,888.26, compared to CNY 1,256,195,505.97 in the same period last year[35] - Total liabilities reached CNY 238,288,703.47, with current liabilities at CNY 237,244,364.48, and non-current liabilities at CNY 1,044,338.99[67] Cash Flow - Cash flow from operating activities increased by 64.47% to CNY 20,574,583.35[9] - The company's cash flow from operating activities decreased by 51.90% to ¥70,625,318.27, primarily due to reduced cash received from sales and increased cash paid for purchases[23] - Total cash inflow from operating activities was ¥470,558,391.92, down from ¥498,740,352.10 in the previous year, reflecting a decline of 5.4%[58] - Cash outflow from operating activities increased to ¥399,933,073.65, compared to ¥351,921,265.94 in Q3 2019, marking an increase of 13.6%[58] - The net cash flow from investment activities was -¥57,893,464.38, an improvement from -¥486,722,476.37 in the same period last year[59] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,621[13] - The largest shareholder, Yuan Bin, holds 33.16% of the shares, totaling 132,485,907 shares[13] Inventory and Investments - The company's prepayments increased by 1698.76% to ¥23,312,268.46 due to increased inventory stocking during the reporting period[22] - Inventory rose by 38.99% to ¥89,103,663.53, attributed to the expansion of the company's sales scale[22] - Long-term equity investments increased by 30.40% to ¥19,345,621.71, reflecting additional equity investments made during the reporting period[22] - Long-term equity investments increased to CNY 19,345,621.71 from CNY 14,836,067.35 year-over-year[33] Expenses - Research and development expenses increased to CNY 8,291,484.55, compared to CNY 6,325,945.60 in the previous year, reflecting a growth of 31%[41] - Operating costs for Q3 2020 amounted to CNY 81,895,698.16, up from CNY 72,318,672.02 year-over-year[41] - Research and development expenses for the quarter were CNY 9,836,968.07, down from CNY 12,866,055.82, a decrease of 23.5%[53] Regulatory and Compliance - The company did not report any violations regarding external guarantees during the reporting period[25] - The company implemented new revenue and lease standards starting in 2020, with no retrospective adjustments made[71]