飞荣达(300602) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 764,846,341.43, representing a 115.68% increase year-on-year[9] - Net profit attributable to shareholders was CNY 103,565,165.20, up 104.82% compared to the same period last year[9] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 93,037,945.47, an increase of 86.71% year-on-year[9] - Basic earnings per share for the period was CNY 0.34, a 100.00% increase compared to the same period last year[9] - The weighted average return on equity rose to 7.52%, compared to 2.73% in the previous year[9] - Operating revenue increased by 768.05 million yuan, a growth of 84.72%, primarily due to expanded sales scale[28] - Net profit attributable to shareholders increased by 138.80 million yuan, a growth of 115.08%, mainly due to the increase in net profit[28] - The company reported a total profit of ¥314,376,445.12 for the current period, compared to ¥142,706,876.29 in the previous period, marking an increase of about 120.1%[86] - The net profit attributable to the parent company's shareholders was ¥259,409,037.44, up from ¥120,608,527.35, indicating an increase of approximately 115.3%[86] Assets and Liabilities - Total assets increased by 71.92% to CNY 3,220,768,578.84 compared to the end of the previous year[9] - Total liabilities were CNY 1,537,065,833.49, an increase from CNY 713,817,564.39, reflecting a growth of about 115.5%[52] - Total current assets reached CNY 1,917,959,593.33, an increase from CNY 1,295,376,344.18 year-over-year[44] - Total non-current assets amounted to CNY 1,302,808,985.51, up from CNY 578,018,472.79 year-over-year[47] - The total equity attributable to shareholders was CNY 1,147,578,529.32, with retained earnings of CNY 625,904,354.78[121] Cash Flow - Cash flow from operating activities increased by 537.11% to CNY 285,375,461.45 year-to-date[9] - Cash inflow from financing activities totaled CNY 250,000,000.00, compared to CNY 53,288,590.00 in the previous period, reflecting an increase of approximately 368%[110] - The net cash flow from operating activities was CNY 102,914,977.78, down from CNY 171,746,523.17, representing a decrease of approximately 40%[107] - Cash outflow for investment activities reached CNY 482,402,678.64, significantly higher than CNY 182,408,482.05 in the previous period, marking an increase of around 164%[107] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,083[13] - Minority shareholders' equity increased by 246.40 million yuan, a growth of 2,053.53%, primarily due to the consolidation of subsidiaries[28] Research and Development - R&D expenses increased by 37.51 million yuan, a growth of 80.93%, driven by increased R&D investment and the consolidation of subsidiaries[28] - Research and development expenses for the current period were ¥32,865,680.41, which is 113.4% higher than ¥15,409,024.94 in the previous period[64] - Research and development expenses increased to ¥53,210,033.91 from ¥34,798,774.99, marking a rise of approximately 53.5%[94] Investment Plans - The company plans to raise up to 700 million yuan through a private placement to invest in the "5G communication device industrialization project" and supplement working capital[29] - The company plans to invest 618.84 million yuan in the 5G communication device industrialization project, which includes building production facilities and acquiring advanced equipment[34] Operational Changes - Cash and cash equivalents decreased by CNY 151.36 million, a decline of 35.31%, primarily due to payments for acquisitions of Bowei Communication, Kunshan Pindai, and Zhuhai Runxing Tai[25] - Accounts receivable increased by CNY 349.41 million, a growth of 64.45%, mainly due to the consolidation of Bowei Communication, Kunshan Pindai, Zhuhai Runxing Tai, and increased revenue[25] - Inventory increased by CNY 279.90 million, a growth of 139.84%, primarily due to the consolidation of Bowei Communication, Kunshan Pindai, Zhuhai Runxing Tai, and increased stock for expanded operations[25]