ST步森(002569) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -38,517,057.34, a decrease of 7.86% year-on-year[7] - Operating revenue fell by 68.45% to CNY 32,556,246.67 compared to the same period last year[7] - The net cash flow from operating activities was CNY -40,986,248.98, a decrease of 47.28% year-on-year[7] - Basic earnings per share were CNY -0.27, down 3.85% from the previous year[7] - The weighted average return on net assets was -12.28%, a decrease of 3.69% compared to the previous year[7] - Operating revenue decreased by 37.57% year-on-year, attributed to declines in distribution and retail revenue due to the impact of the pandemic[15] - Net profit decreased by 91.90% year-on-year, primarily due to a significant drop in operating profit[15] - The total comprehensive income attributable to the parent company decreased by 92.87% year-on-year, reflecting the decline in net profit[15] - The net loss for the period was CNY 18,081.74, compared to a profit of CNY 9,102.30 in the same quarter last year[37] - The company reported a net loss of ¥38,730,415.93 for Q3 2020, compared to a net loss of ¥35,810,606.81 in the same period last year, indicating an increase in losses of approximately 8.0%[38] - The total comprehensive loss for the period was ¥38,730,415.93, compared to a loss of ¥35,810,606.81 in the same quarter last year[39] - The net profit for the current period is a loss of CNY 39,901,149.84, compared to a loss of CNY 29,953,349.72 in the previous period, indicating a worsening financial performance[50] - The total comprehensive income for the current period is -CNY 77,201,636.04, compared to -CNY 40,028,279.86 in the previous period[48] Assets and Liabilities - Total assets decreased by 13.84% to CNY 531,007,113.52 compared to the end of the previous year[7] - The company's total liabilities decreased to CNY 261,458,157.03 from CNY 292,503,165.39 year-over-year[34] - The total assets of the company as of September 30, 2020, were CNY 716,245,534.81, down from CNY 760,518,983.33 at the end of 2019[34] - Cash and cash equivalents decreased by 66.41% compared to the beginning of the year, primarily due to a reduction in net cash flow from operating and investing activities[15] - The company's inventory decreased to CNY 57,919,849.31 from CNY 74,782,254.91 in the previous year[31] - The total equity attributable to shareholders of the parent company was CNY 288,428,593.52, down from CNY 338,957,519.88 year-over-year[31] - The company reported a significant increase in accounts receivable, which rose to CNY 158,974,359.04 from CNY 133,760,395.78[31] - The total assets impairment loss was reported at -¥36,520,951.59, indicating significant asset valuation challenges[45] Cash Flow - Cash flow from operating activities increased by 32.16% year-on-year, primarily due to reduced cash outflows from operating activities[15] - The cash received from sales of goods and services is CNY 195,639,625.33, down from CNY 271,759,036.27 in the previous period[53] - The company reported a total cash inflow from operating activities of 167,672,601.11 CNY, compared to 228,375,032.17 CNY in the previous period, showing a decrease of approximately 26.5%[55] - The cash outflow for purchasing goods and services was 100,721,655.77 CNY, down from 187,836,254.43 CNY, indicating a reduction in operational expenditures[55] - The cash flow from investment activities showed a significant negative net cash flow of -40,541,538.78 CNY for the third quarter[54] - The total cash and cash equivalents at the end of the period decreased to 9,600,112.15 CNY from 74,079,976.89 CNY at the beginning of the period, reflecting a significant cash reduction[57] Shareholder Information - The total number of shareholders at the end of the reporting period was 4,480[11] - The largest shareholder, Beijing Dongfang Hengzheng Trade Co., Ltd., holds 15.53% of the shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Operational Challenges - The company is focusing on cost reduction strategies to improve financial performance in the upcoming quarters[44] - The company incurred operating expenses of ¥7,305,469.20 in sales and ¥17,268,920.34 in management, reflecting ongoing operational challenges[41] - The company's management expenses increased to CNY 39,924,659.80 from CNY 29,761,079.58 in the previous period, reflecting higher operational costs[48] - The company reported other income of CNY 912,200.00, down from CNY 3,214,000.00 in the previous period[48]