KFMI(SZ:300666)2020-10-28 16:00Financial Performance - Operating revenue for the period was ¥312,017,595.47, representing a 40.90% increase compared to the same period last year[9]. - Net profit attributable to shareholders surged to ¥69,118,253.90, a remarkable increase of 268.85% year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥23,606,366.98, up 526.32% compared to the same period last year[9]. - Basic earnings per share rose to ¥0.31, reflecting a 244.44% increase year-on-year[9]. - The total operating revenue for the current period reached ¥839,574,931.30, a significant increase of 45.0% compared to ¥578,999,288.49 in the previous period[114]. - Net profit attributable to the parent company was ¥109,952,234.86, up from ¥32,528,855.11, representing a growth of 237.5%[110]. - The total comprehensive income for the current period was ¥107,951,706.87, significantly higher than ¥33,546,659.62 from the previous period, reflecting overall strong performance[110]. Assets and Liabilities - Total assets reached ¥2,029,215,623.02, an increase of 38.45% compared to the end of the previous year[9]. - Total liabilities amounted to CNY 973,418,875.24, compared to CNY 775,400,488.10, representing an increase of approximately 25.5%[76]. - Current assets totaled CNY 1,092,590,386.17, up from CNY 823,896,282.61, indicating a growth of about 32.6% year-over-year[70]. - Cash and cash equivalents decreased by 88.48% to a net increase of -¥30,947,272.11, primarily due to changes in financing activities[47]. - The ending balance of cash and cash equivalents was ¥217,902,789.45, down from ¥236,913,046.70 in the previous period[123]. Shareholder Information - The top ten shareholders held a total of 40.68% of the shares, with the largest shareholder owning 27.57%[13]. - The company has not engaged in any repurchase transactions during the reporting period, ensuring stability among major shareholders[22]. - The report emphasizes the importance of shareholder stability, with no significant changes in ownership or pledged shares during the reporting period[22]. - The total number of restricted shares at the end of the period is 87,775,571, with no shares released during the current period[35]. Cash Flow - The net cash flow from operating activities was -¥8,788,828.34, a decline of 333.18% compared to the same period last year[9]. - Operating cash inflow totaled ¥819,472,985.37, an increase from ¥626,894,794.36 in the previous period[120]. - Net cash flow from financing activities improved to ¥373,030,739.80 from -¥124,874,364.42 in the previous year[123]. Investment and R&D - The company invested RMB 100 million in a private equity fund, which has a total fundraising scale of RMB 2.305 billion, as part of its strategic investment initiatives[60]. - Research and development expenses for the quarter were ¥19,176,886.79, compared to ¥15,287,181.85, indicating a 25% increase year-over-year[89]. - Research and development expenses increased to ¥36,882,533.86, up from ¥33,325,098.45, indicating a focus on innovation[114]. Market and Strategic Initiatives - The company is actively pursuing high-tech enterprise certification, which is expected to significantly reduce the corporate income tax rate to 15%[56]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[98]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[85].