CCEM(SZ:300655)2020-10-28 16:00Financial Performance - Operating revenue for the reporting period was ¥285,355,850.57, representing a 46.39% increase compared to the same period last year[9]. - Net profit attributable to shareholders of the listed company was ¥38,271,176.35, a significant increase of 501.48% year-on-year[9]. - Basic earnings per share for the reporting period was ¥0.2198, up 418.40% compared to the same period last year[9]. - The company reported a total profit of ¥49,962,378.78 for the current period, compared to ¥8,778,644.18 in the previous period, indicating robust overall performance[92]. - The net profit for the current period was ¥42,581,467.23, compared to ¥7,902,357.61 in the previous period, showing a substantial growth in profitability[92]. - The company achieved a total comprehensive income of ¥65,970,395.75 for the current period, compared to ¥25,345,437.14 in the previous period[110]. - The net profit for the current period is ¥10,751,941.87, a significant recovery from a net loss of ¥14,438,890.90 in the previous period, marking a turnaround of approximately 174.5%[115]. - Operating profit reached ¥11,742,351.95, compared to an operating loss of ¥17,959,617.42 in the same period last year, indicating a substantial improvement[115]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,106,144,757.58, an increase of 61.87% compared to the end of the previous year[9]. - The company's total liabilities increased, with short-term borrowings rising by 32.09% to ¥176,268,351.47[24]. - Total liabilities were CNY 737,415,132.05, up from CNY 676,631,562.15, representing an increase of 9.3%[74]. - The company's total liabilities decreased to ¥426,993,766.77 from ¥468,234,252.73, indicating improved financial stability[84]. - The total current liabilities amounted to CNY 479,838,526.47, compared to CNY 348,014,180.67, indicating a growth of 37.9%[74]. - The total cash and cash equivalents at the end of the period was 157,664,726.95, compared to 226,618,574.45 at the end of the previous period[134]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥1,297,406,938.78, reflecting a growth of 129.26% year-on-year[9]. - The top ten shareholders held a combined 56.81% of the company's shares, with New Silver International Limited holding the largest share at 18.62%[13]. - The company announced a cash dividend of RMB 0.996667 per 10 shares, based on a total share capital of 188,735,250 shares as of October 16, 2020[40]. - The company reported a cash dividend of 1 yuan per 10 shares based on a total share capital of 188,106,247 shares as of June 30, 2020, which was approved by the shareholders on September 8, 2020[60]. Cash Flow - The net cash flow from operating activities was ¥14,283,708.96, a decrease of 11.44% compared to the previous year[9]. - Cash flow from operating activities decreased by 92.36% to ¥5,739,781.31, mainly due to reduced sales collections[28]. - Cash inflow from investment activities rose by 600.97% to ¥487,856,292.16, primarily from the redemption of bank financial products[28]. - Cash outflow from investment activities increased by 478.76% to ¥843,212,149.71, due to increased external investments and financial management[28]. - Cash inflow from financing activities reached 553,999,997.22, an increase from 259,350,729.07 in the last period[134]. Investments and Acquisitions - The company reported non-recurring gains and losses totaling ¥30,903,074.23 for the reporting period[12]. - Long-term equity investments increased by 179.09% to ¥55,387,102.70, reflecting increased external investments[24]. - Goodwill rose by 367.59% to ¥110,278,073.17, resulting from the acquisition of Yuanpaierson[24]. - The company established Anhui Jingrui and invested in a project with an annual production capacity of 54,000 tons of microelectronic materials and recycling[56]. - The company is expanding its market presence through the establishment of Hubei Jingrui for microelectronic materials projects[56]. Operational Expenses - Sales expenses increased by 40.61% to ¥62,434,549.51 due to the consolidation of the subsidiary, Liyuan Pearson[28]. - Total operating costs amounted to ¥265,707,295.92, up from ¥188,158,793.64 in the previous period, reflecting a rise in operational expenses[89]. - Research and development expenses for the current period were ¥8,856,435.37, slightly up from ¥8,016,957.43 in the previous period, highlighting continued investment in innovation[89]. Regulatory and Compliance - The company has no violations regarding external guarantees during the reporting period[62]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[63]. - The company has implemented a profit distribution plan that aligns with legal and regulatory requirements, ensuring the protection of minority shareholders' rights[61]. - The implementation of new revenue recognition standards resulted in adjustments to contract liabilities, impacting financial reporting[154]. - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[155].