创业黑马(300688) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 45,980,332.43, down 63.91% year-on-year[7] - Net profit attributable to shareholders was CNY 1,983,822.90, a decline of 69.14% compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,112,532.98, down 70.68% year-on-year[7] - Basic earnings per share were CNY 0.02, a decrease of 71.43% compared to the same period last year[7] - The weighted average return on equity was 0.52%, down 1.13% year-on-year[7] - Total operating revenue for Q3 2019 was CNY 45,980,332.43, a decrease of 64.1% compared to CNY 127,414,002.47 in the same period last year[47] - The net profit for the third quarter was CNY 1,854,540.83, down 69.1% from CNY 6,024,995.55 year-over-year[49] - The company's operating profit decreased to CNY 866,258.03, a decline of 79.5% from CNY 4,228,847.04 in the previous year[49] - The total profit for the quarter was CNY 854,216.11, a decrease of 81.9% from CNY 4,723,347.04 in the same period last year[49] Assets and Liabilities - Total assets at the end of the reporting period were CNY 467,403,657.40, a decrease of 0.35% compared to the end of the previous year[7] - As of September 30, 2019, the company's total assets amounted to 467,403,657.40 RMB, with current assets totaling 380,948,907.23 RMB[39] - Total assets reached CNY 498,958,398.69, up from CNY 463,635,964.46 at the end of 2018, indicating a growth of 7.6%[45] - The company's total liabilities decreased to CNY 153,495,745.21 from CNY 125,172,559.49, reflecting a reduction of 17.7%[44] - Total liabilities reached CNY 90,384,577.50, with current liabilities at CNY 89,391,886.59 and non-current liabilities at CNY 992,690.91[74] - The total liabilities to equity ratio stands at approximately 23.9%[74] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 17,681,881.02, an increase of 147.98%[7] - The net cash flow from operating activities for the first nine months of 2019 was ¥17.68 million, a turnaround from a negative cash flow of ¥36.85 million in the same period of 2018, representing a 147.98% improvement[22] - The cash inflow from financing activities totaled ¥3,330,000.00, compared to ¥870,000.00 in Q3 2018, indicating a rise in financing efforts[65] - The cash outflow for purchasing goods and services was ¥42,757,275.85, significantly lower than ¥176,301,246.07 in Q3 2018, showing improved cost management[64] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,016[11] - The largest shareholder, Niu Wenwen, holds 31.40% of the shares, with 29,892,324 shares pledged[11] - The company implemented a cash dividend policy, distributing 1.00 RMB per 10 shares to shareholders, resulting in an increase in total share capital from 68,000,000 to 95,200,000 shares[32] Investments and Innovations - The company launched an online membership service to enhance its capabilities in providing online services to small and medium-sized enterprises[24] - The company established a specialized investment fund focused on the technology innovation sector, enhancing its service capabilities in the industry acceleration platform[23] - Long-term equity investments increased by 381.66% to ¥48.00 million due to new equity investments during the reporting period[18] - The company signed a project cooperation agreement with Qingdao Laoshan District Science and Technology Innovation Committee to jointly build a unicorn innovation acceleration base[28] - The company has established a limited partnership, Beijing Innovation Black Horse Investment Management Partnership, focusing on early investments in AI, big data, cloud computing, and chip technology[26] Research and Development - Research and development expenses for Q3 2019 were CNY 1,542,335.34, a decrease of 20.8% from CNY 1,946,985.67 in the previous year[47] - Research and development expenses for Q3 2019 were ¥4,140,126.08, a decrease of 23.4% from ¥5,400,961.00 in the same quarter last year[60] Financial Reporting - The company adjusted its financial reporting in accordance with new financial instrument standards effective from January 1, 2019[74] - The new financial instrument standards were implemented starting January 1, 2019, affecting the reporting of financial assets[79] - The company has not undergone an audit for the third quarter report[80]