*ST左江(300799) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥48,259,261.62, an increase of 98.93% year-on-year[8]. - Net profit attributable to shareholders was ¥23,319,193.10, representing a significant increase of 357.32% compared to the same period last year[8]. - Basic earnings per share were ¥0.2286, up 242.73% year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥22,223,326.07, an increase of 335.83% year-on-year[8]. - Total revenue for the third quarter reached ¥48,259,261.62, compared to ¥24,259,733.64 in the same period last year, indicating a growth of 99.8%[40]. - The net profit for the third quarter reached CNY 23,222,445.46, up from CNY 5,099,114.00 in the same period last year, reflecting a growth of approximately 356%[42]. - The company's net profit for Q3 2020 was CNY 27,487,416.29, an increase of 18.5% compared to CNY 23,108,890.34 in the same period last year[49]. - The total profit for Q3 2020 was CNY 32,155,558.88, compared to CNY 27,225,052.11 in the previous year, marking an increase of 18.5%[49]. - Total comprehensive income for Q3 2020 was CNY 27,487,416.29, up from CNY 23,108,890.34 in the previous year, representing an increase of 18.5%[54]. Cash Flow - The net cash flow from operating activities was ¥47,471,458.96, a decrease of 229.36% compared to the same period last year[8]. - Operating cash flow for the first nine months of 2020 was ¥52,107,643.28, a significant improvement compared to a negative cash flow of -¥51,369,960.42 in the same period of 2019[21]. - The net cash flow from operating activities for Q3 2020 was ¥52,107,643.28, a significant improvement compared to a net outflow of ¥51,369,960.42 in the same period last year[56]. - Total cash inflow from operating activities reached ¥180,311,397.56, up from ¥53,150,913.31 year-over-year, indicating strong sales performance[56]. - The total cash outflow for operating activities was ¥128,203,754.28, compared to ¥104,520,873.73 in the previous year, reflecting increased operational costs[56]. - The company reported a cash inflow of ¥12,288,077.12 from tax refunds during the quarter, contributing to the overall cash flow[56]. Assets and Liabilities - Total assets at the end of the reporting period were ¥697,137,619.11, a decrease of 4.02% compared to the end of the previous year[8]. - Current assets decreased to ¥623,692,897.63 from ¥661,745,566.07 at the end of 2019, a decline of approximately 5.8%[32]. - Total liabilities decreased to ¥59,722,656.47 from ¥102,797,645.84, a decline of approximately 41.9%[38]. - Shareholders' equity increased to ¥637,414,962.64 from ¥623,527,546.35, reflecting a growth of 2.2%[35]. - The company reported short-term borrowings of CNY 43,956,518.52 and accounts payable of CNY 14,343,525.73[64]. - The total liabilities to total assets ratio is approximately 14.14%[69]. - The company’s total equity represents approximately 85.8% of total assets[70]. Investments and Expenses - The company has invested in long-term equity investments amounting to ¥38,250,000.00, indicating a strategic focus on growth[37]. - Research and development expenses amounted to CNY 9,986,372.38, which is an increase from CNY 7,217,183.44 year-over-year[41]. - Research and development expenses for the year-to-date period reached CNY 24,933,936.82, an increase of 9.1% compared to CNY 22,845,264.47 last year[52]. - Sales expenses increased by 34.02% to ¥1,115,820.21, primarily due to an increase in marketing personnel[20]. - Financial expenses decreased by 47.00% to ¥515,864.94, mainly due to increased interest income from bank deposits[20]. Shareholder Information - The top shareholder, Zhang Jun, holds 23.12% of the shares, while the second-largest shareholder, He Chaohui, holds 21.89%[12]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[14]. - The company plans to distribute a cash dividend of ¥2.00 per share, totaling ¥13,600,000, and to increase its share capital by 50% through capital reserves[24]. - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[25][26]. Government Subsidies - The company received government subsidies amounting to ¥3,429,460.00 during the reporting period[9]. - The company received government subsidies amounting to ¥3,429,460.00 during the reporting period[20].