Financial Performance - Operating revenue for the reporting period was CNY 28,605,933.80, down 16.14% year-on-year [7]. - Net profit attributable to shareholders was a loss of CNY 4,592,592.79, a decrease of 440.74% compared to the same period last year [7]. - Basic earnings per share were CNY -0.0506, a decline of 439.60% year-on-year [7]. - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY -5,109,352.59, a decrease of 2,827.78% year-on-year [7]. - Total profit decreased by 92.93% to ¥1,130,864.96, primarily due to a decline in gross profit and an increase in period expenses [15]. - Net profit for Q3 2018 was a loss of CNY 4,592,592.79, compared to a profit of CNY 1,347,841.03 in the previous year, marking a significant decline [34]. - The company reported a net profit of $911,953.34 for the current period, down from $12,582,745.65 in the previous period, representing a decline of about 92.7% [43]. - The net profit for Q3 2018 was CNY 741,312.72, a decrease from CNY 7,976,954.63 in the same period last year, representing a decline of approximately 90.7% [46]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 661,257,826.57, a decrease of 0.15% compared to the end of the previous year [7]. - The total assets of the company were CNY 599,143,191.10, down from CNY 605,051,100.24 at the beginning of the period [31]. - The company’s total liabilities decreased slightly to ¥194,847,001.17 from ¥195,567,393.83 [27]. - Total liabilities decreased to CNY 162,719,846.97 from CNY 168,189,319.52, reflecting a reduction of 3.5% [30]. - Other current assets decreased by 86.52% to ¥533,975.65 due to a reduction in input tax credits [15]. - Other non-current assets decreased by 52.50% to ¥2,355,945.00, mainly due to the write-off of prepaid fixed asset purchases [15]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 275,368.80, an increase of 101.17% [7]. - Cash flow from operating activities improved by 101.17% to ¥275,368.80, driven by increased cash collections compared to the previous year [15]. - Cash flow from operating activities generated a net cash flow of CNY 275,368.80, a significant recovery from a net outflow of CNY -23,568,202.50 in the previous year [47]. - The company reported a cash flow from investing activities net outflow of CNY -8,855,079.78, compared to CNY -23,202,938.97 in the previous year, showing an improvement in cash management [49]. - Cash flow from financing activities resulted in a net outflow of CNY -3,531,375.47, a decrease from a net inflow of CNY 39,144,154.61 in the same period last year [49]. - The ending balance of cash and cash equivalents was CNY 10,185,815.57, down from CNY 24,608,594.46 at the end of the previous year [50]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,916 [11]. - The largest shareholder, Yang Zhifeng, held 27.33% of the shares, amounting to 24,800,000 shares, with 18,600,000 shares pledged [11]. Research and Development - Research and development expenses rose by 78.05% to ¥3,354,801.51, reflecting increased investment in new product development [15]. - Research and development expenses were CNY 1,177,823.47, compared to a negative expense of CNY -433,290.50 in the previous year, indicating increased investment in R&D [32]. - Research and development expenses increased significantly to $1,177,823.47 from a negative expense of $433,290.50 in the previous period [37]. Financial Ratios - The weighted average return on net assets was -0.73%, down from 0.10% in the same period last year [7]. - Basic and diluted earnings per share for Q3 2018 were both CNY -0.0506, compared to CNY 0.0149 in the same period last year [35]. - Basic and diluted earnings per share for Q3 2018 were both CNY 0.0082, a significant decrease from CNY 0.0879 in the same period last year [46].
光智科技(300489) - 2018 Q3 - 季度财报