Increase(SZ:300713)2020-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 66,671,244.10, an increase of 3.64% year-on-year, while revenue for the year-to-date was CNY 170,368,402.80, a decrease of 12.12% compared to the same period last year[7] - Net profit attributable to shareholders for the reporting period was CNY 2,380,954.54, a significant increase of 467.41% year-on-year, with year-to-date net profit reaching CNY 7,766,917.38, up 47.54%[7] - Basic earnings per share for the reporting period were CNY 0.0166, reflecting a 472.41% increase year-on-year, while diluted earnings per share were also CNY 0.0166[7] - The net profit after deducting non-recurring gains and losses for the reporting period was CNY 2,062,491.72, an increase of 1,089.24% year-on-year, with year-to-date figures at CNY 3,303,868.35, up 12.03%[7] - The company reported a total comprehensive income of CNY 5,029,817.73 for the quarter, compared to CNY 2,923,630.52 in the same period last year[41] - The net profit for the quarter was CNY 5,029,817.73, compared to CNY 2,923,630.52 in the same period last year, representing a significant increase[40] - The net profit attributable to the parent company was CNY 7.77 million, up 47.5% from CNY 5.26 million in Q3 2019[45] Cash Flow - The net cash flow from operating activities was CNY -12,005,467.44, a decrease of 423.25% compared to the same period last year, with year-to-date cash flow at CNY 23,938,120.59, down 35.16%[7] - Operating cash flow decreased by 35.16% to ¥23,938,120.59 from ¥36,920,087.81, primarily due to a decrease in cash received from sales[16] - The net cash flow from operating activities for Q3 2020 was ¥23,938,120.59, a decrease of 35% compared to ¥36,920,087.81 in Q3 2019[51] - The net cash flow from investing activities was -¥139,363,053.46, worsening from -¥1,817,475.41 in the same quarter last year[52] - The net cash flow from financing activities was ¥1,169,874.16, improving from -¥970,228.27 in Q3 2019[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 977,715,903.31, a decrease of 0.93% compared to the end of the previous year[7] - Non-current assets totaled CNY 327,619,547.82, up from CNY 281,388,994.28 year-over-year[29] - Total liabilities decreased to CNY 246,518,217.68 from CNY 258,355,021.49[28] - Owner's equity increased to CNY 731,197,685.63 from CNY 728,511,107.64[29] - Total liabilities reached CNY 258,355,021.49, with current liabilities at CNY 254,381,964.22 and non-current liabilities at CNY 3,973,057.27[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,186[11] - The largest shareholder, Yin Wei, held 45.08% of the shares, totaling 64,662,175 shares[11] Investments and Expenses - The company received government subsidies amounting to CNY 5,455,870.65 during the reporting period[8] - Research and development expenses were CNY 9,597,829.31, slightly down from CNY 10,798,743.94 in the previous year[39] - The company reported investment income of CNY 0.79 million, compared to CNY 0.44 million in the same quarter last year[46] - Other income increased by 40.44% to ¥10,179,868.75 from ¥7,248,792.76, mainly due to increased software product tax refunds and government subsidies[16] Changes in Financial Position - Cash and cash equivalents decreased by 31.36% to ¥166,595,104.00 from ¥242,707,435.63 due to investments in the "Yingkerui Technology Building" construction and land payments[15] - Trading financial assets increased by 91.93% to ¥58,174,730.23 from ¥30,310,746.96, primarily due to increased purchases of wealth management products[15] - Accounts receivable increased by 69.95% to ¥68,779,940.34 from ¥40,470,939.22, mainly due to reclassification of certain receivables[15] - Prepayments increased by 156.20% to ¥3,335,140.86 from ¥1,301,774.63, primarily due to increased advance payments to suppliers[15] - Other equity instrument investments surged by 1305% to ¥7,025,000.00 from ¥500,000.00, mainly due to increased external investments by subsidiaries[15]