DAWEI(002213)2020-10-27 16:00Financial Performance - Operating revenue for the period reached ¥124,920,922.20, a significant increase of 246.90% year-on-year[8] - Net profit attributable to shareholders was ¥2,114,309.38, reflecting a growth of 58.38% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was ¥1,796,439.59, up by 51.50% year-on-year[8] - Basic earnings per share increased by 58.46% to ¥0.0103[8] - The weighted average return on net assets was 0.57%, up from 0.21% in the previous year[8] - Total operating revenue for Q3 2020 reached ¥124,920,922.20, a significant increase from ¥36,010,728.75 in the same period last year[47] - Net profit for Q3 2020 was ¥4,120,025.30, up from ¥1,312,176.12 in Q3 2019, reflecting a year-over-year growth of approximately 213%[49] - The company reported a net profit attributable to shareholders of the parent company of ¥2,559,991.07, compared to a loss of ¥4,090,978.71 in the same quarter last year[57] - The total comprehensive income for Q3 2020 was ¥4,120,025.30, compared to ¥1,312,176.12 in Q3 2019, marking a substantial increase[50] - The company achieved an operating profit of ¥4,005,470.19, compared to an operating loss of ¥4,439,618.67 in the same quarter last year[56] Assets and Liabilities - Total assets increased by 10.11% to ¥509,447,283.23 compared to the end of the previous year[8] - Current assets decreased to CNY 333,194,496.40 from CNY 373,848,819.33, reflecting a decline of about 10.9%[39] - Total liabilities increased to CNY 115,532,207.43 from CNY 87,353,506.11, which is an increase of approximately 32.3%[41] - The company's equity attributable to shareholders reached CNY 371,254,761.28, up from CNY 368,694,770.21, showing a slight increase of about 0.4%[42] - Total liabilities decreased from ¥128,866,887.48 to ¥100,004,764.36, indicating improved financial stability[48] - Total current assets amounted to CNY 373,848,819.33, with cash and cash equivalents at CNY 114,704,402.16 and trading financial assets at CNY 110,000,000.00[73] - Total liabilities amount to CNY 128,866,887.48, with no non-current liabilities reported[78] Cash Flow - The net cash flow from operating activities was negative at -¥21,698,925.60, a decline of 455.94% compared to the same period last year[8] - The net cash flow from operating activities was -¥49,722,500.22, a decline of 690.10% compared to -¥6,293,183.49, attributed to increased business expansion and delayed accounts receivable[18] - The total cash inflow from operating activities was CNY 218,699,158.96, compared to CNY 111,638,170.18 in the previous period, indicating a significant increase[63] - The net cash flow from investment activities was CNY 18,250,130.94, down from CNY 77,482,062.48 in the previous period[65] - The net cash flow from financing activities was CNY 8,913,363.30, compared to CNY 3,386,383.48 in the previous period, showing an improvement[66] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,494[11] - The largest shareholder, Shenzhen Chuangtong Investment Development Co., Ltd., held 19.49% of the shares[11] Investments and Acquisitions - The company acquired 60% of Chip汇群, resulting in goodwill of ¥76,348,870.56 and an increase in intangible assets by 76.96% to ¥16,168,385.81[17] - The company completed the acquisition of Chip汇群, with all related equity transfer and registration procedures finalized[20] - The company is in the process of acquiring a 60% stake in Shenzhen Xinhui Group Microelectronics Technology Co., Ltd.[25] - The company established a wholly-owned subsidiary, Shenzhen Terjia Automotive Technology Co., Ltd., with a registered capital of ¥20 million[21] - The company established a wholly-owned subsidiary in Hong Kong with an investment of HKD 10,000[23] Research and Development - Research and development expenses for Q3 2020 were ¥2,175,021.15, an increase from ¥1,677,582.23 in the same period last year, highlighting a focus on innovation[48] - Research and development expenses for the quarter were ¥4,527,818.57, slightly down from ¥5,017,065.88 in the previous year[56] Other Financial Information - The company received government subsidies amounting to ¥1,309,299.28 during the reporting period[9] - The company reported a significant increase in other income, which rose by 729.68% to ¥1,530,514.60, mainly due to increased government subsidies during the pandemic[18] - The company reported a financial income of ¥734,563.34, down from ¥1,902,378.68 in the previous year, indicating a decrease in interest income[48] - The company’s tax expenses for the quarter amounted to ¥184,976.44, up from ¥37,851.08 in the previous year[56]