科新机电(300092) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached CNY 129,947,118.63, a 91.01% increase year-on-year[7] - Net profit attributable to shareholders increased by 163.41% to CNY 287,013.48 for the reporting period[7] - Basic earnings per share rose by 140.00% to CNY 0.0012[7] - The company reported a net profit of CNY 6,716,408.54 for the year-to-date, reflecting a 32.60% increase compared to the same period last year[7] - Total operating revenue for the third quarter reached CNY 129,947,118.63, a significant increase from CNY 68,032,224.90 in the same period last year, representing an increase of approximately 91.3%[37] - The net profit for the period was CNY 287,013.48, compared to CNY 108,961.97 in the previous year, reflecting a growth of approximately 163.5%[38] - The company's operating revenue for the current period reached ¥121,143,438.22, compared to ¥58,587,967.91 in the previous period, indicating a significant increase[41] - The net profit for the current period was -¥441,630.52, an improvement from -¥1,587,241.30 in the previous period, reflecting a reduction in losses[42] - The company's operating revenue for the current period is approximately CNY 329.14 million, a significant increase from CNY 191.70 million in the previous period, representing a growth of 71.7%[49] - Operating profit for the current period is CNY 2.66 million, up from CNY 1.50 million in the previous period, indicating a growth of 77.5%[50] - The net profit for the current period is CNY 4.30 million, compared to CNY 3.28 million in the previous period, reflecting an increase of 31.1%[50] Assets and Liabilities - Total assets increased by 10.09% to CNY 769,067,081.20 compared to the end of the previous year[7] - The total assets of the company at the end of the reporting period were CNY 772,405,634.28, an increase from CNY 709,700,556.57 at the beginning of the year[34] - The total liabilities increased to CNY 226,672,846.02 from CNY 165,107,599.53, marking a rise of about 37.2%[34] - Accounts receivable increased to CNY 325,044,924.14 from CNY 243,652,811.53, indicating higher sales volume[29] - Inventory grew to CNY 162,294,176.20 from CNY 133,667,170.17, reflecting increased stock levels[29] - The company's cash and cash equivalents decreased to CNY 15,137,904.58 from CNY 26,296,339.70, a decline of approximately 42.4%[32] - Accounts receivable rose to CNY 307,229,222.74 from CNY 237,145,507.90, indicating an increase of about 29.5%[32] - Inventory levels increased to CNY 161,819,926.24 from CNY 132,723,298.62, reflecting a growth of approximately 21.9%[32] Cash Flow - Net cash flow from operating activities showed a significant decline, with a net outflow of CNY 8,343,219.22, a decrease of 87.61% compared to the same period last year[7] - Cash inflow from operating activities increased by 61.91% to CNY 218,436,130.68, driven by higher cash receipts from sales of goods and services[22] - Cash outflow from investing activities decreased by 99.29% to CNY 671,732.04, mainly due to the absence of matured financial product investments from the previous year[22] - Cash inflow from financing activities increased by 303.64% to CNY 35,050,000.00, attributed to increased borrowings from related parties[22] - The net cash flow from financing activities was -6,650,314.76 CNY, compared to 8,671,416.16 CNY in the previous period[57] - The company reported a net decrease in cash and cash equivalents of -16,713,864.44 CNY, compared to -31,078,009.49 CNY previously[57] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,614[10] - Major shareholders include Lin Zhenhua with an 18.22% stake and Lin Zhenrong with a 17.72% stake, both of whom have pledged their shares[12] Research and Development - Research and development expenses rose by 34.46% to CNY 9,628,311.71 as the company increased investment in new products and technologies[21] - The company reported R&D expenses of CNY 4,532,019.40, up from CNY 3,705,195.66, which is an increase of about 22.3%[37] - Research and development expenses for the current period are CNY 9.63 million, an increase from CNY 7.16 million in the previous period, indicating a focus on innovation[49] Other Financial Metrics - Non-recurring gains and losses totaled CNY 325,157.69 for the reporting period[9] - The weighted average return on equity was 0.05%, up from 0.03% at the end of the previous year[7] - Financial expenses surged by 14,965.39% to CNY 472,685.20 primarily due to reduced interest income and increased borrowing costs[21] - The company reported an asset impairment loss of ¥8,336,566.50 for the current period, compared to ¥256,048.08 in the previous period[41] - The total profit for the current period was -¥1,658,580.01, an improvement from -¥1,874,248.14 in the previous period[42] Company Strategy - The company did not report any new product or technology developments, market expansions, or mergers during the reporting period[18] - The company plans to continue focusing on market expansion and product development to enhance future performance[41]