DOJJ(002798)2020-10-29 16:00Financial Performance - Net profit attributable to shareholders was ¥153,238,652.83, a decrease of 20.49% year-on-year[8] - Operating revenue for the reporting period was ¥1,262,099,236.80, down 21.31% compared to the same period last year[8] - Basic earnings per share decreased to ¥0.40, down 21.57% year-on-year[8] - The weighted average return on equity was 3.87%, a decrease of 1.84% compared to the previous year[8] - Total operating revenue for Q3 2020 was CNY 1,262,099,236.80, a decrease from CNY 1,603,944,534.77 in the same period last year[45] - Net profit for Q3 2020 was CNY 153,100,452.78, compared to CNY 192,173,697.09 in Q3 2019, representing a decline of approximately 20.3%[47] - The net profit for the third quarter of 2020 was CNY 31,716,735.29, a decrease from CNY 161,208,112.32 in the same period last year, representing a decline of approximately 80.3%[60] - The total profit for the third quarter was CNY 33,490,003.35, down from CNY 169,633,536.41 year-over-year, indicating a decrease of about 80.3%[60] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,791,963,945.86, an increase of 25.56% compared to the end of the previous year[8] - As of September 30, 2020, the total assets of the company reached CNY 8,791,963,945.86, an increase from CNY 7,002,181,558.97 at the end of 2019, representing a growth of approximately 25.6%[36][40] - The company's total liabilities reached CNY 4,721,845,602.57, up from CNY 3,359,699,157.29, indicating an increase of 40.6%[39] - Total current liabilities increased to CNY 4,253,663,892.41 from CNY 2,922,839,386.90, representing a rise of 45.5%[39] - The total liabilities were reported at ¥3,359,699,157.29, consistent with the previous year[74] Cash Flow - The net cash flow from operating activities was ¥161,050,930.64, an increase of 11.31% compared to the previous period[8] - The net cash flow from operating activities was negative at -¥277,447,776.97, a significant decline of 199.82% compared to the previous year, primarily due to delayed collections caused by the COVID-19 pandemic[16] - Cash flow from financing activities saw a substantial increase of 4383.78% to ¥988,283,769.81, mainly due to increased bank financing loans[17] - Cash flow from operating activities showed a net outflow of CNY 277,447,776.97, contrasting with a net inflow of CNY 277,938,885.70 in the same period last year[64] - Cash flow from investing activities resulted in a net outflow of CNY 399,840,568.14, compared to a net outflow of CNY 277,263,085.46 in the previous year[64] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,885[12] - The top three shareholders held a combined 41.13% of the company's shares, with Liu Jin holding 13.99%[12] - The company did not engage in any repurchase transactions during the reporting period[13] Government Support - The company received government subsidies amounting to ¥40,075,620.14 during the reporting period[9] Accounts Receivable and Payable - Accounts receivable rose by 67.14% to ¥316,580,867.91, attributed to an increase in sales settlement receipts[16] - The company reported a significant increase in accounts payable, rising to CNY 31,762,816.91 from CNY 26,701,532.50 in the previous year[43] Research and Development - Research and development expenses for Q3 2020 were CNY 68,931,025.77, slightly up from CNY 65,036,155.83 in Q3 2019[46] - Research and development expenses for Q3 2020 amounted to approximately CNY 179.87 million, an increase of 7.93% compared to CNY 167.54 million in Q3 2019[55] Financial Management - The company has not reported any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[24] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[31] - The company has a total of CNY 10,450,379.35 in other current assets, indicating diversification in asset management[76] Future Outlook - The company plans to terminate the non-public issuance of A-shares and has withdrawn the application materials as of August 14, 2020[19] - The company is implementing new revenue and leasing standards starting in 2020, which may impact future financial reporting[78]