科信技术(300565) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 128,888,735.22, down 31.09% year-on-year [7]. - Net profit attributable to shareholders was CNY 3,477,255.85, a decline of 73.28% compared to the same period last year [7]. - Basic earnings per share were CNY 0.02, a decrease of 66.67% year-on-year [7]. - The weighted average return on net assets was 0.48%, down 73.33% from the previous year [7]. - Total profit decreased by 46.49% to CNY 24.9 million from CNY 46.5 million, mainly due to reduced sales and increased asset impairment losses [16]. - Net profit fell by 48.60% to CNY 20.7 million from CNY 40.3 million, driven by decreased sales and higher asset impairment losses [16]. - The total profit for the current period is CNY 24,884,090.67, down from CNY 46,504,385.56 in the previous period, indicating a decline of about 46.4% [42]. - The net profit for the current period is CNY 20,726,524.05, down from CNY 40,324,787.17 in the previous period, representing a decline of approximately 48.6% [42]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 80,951,770.66, a significant decline of 263.20% [7]. - Cash received from operating activities increased by 1568.89% to CNY 19.9 million from CNY 1.2 million, due to the recovery of bid deposits and increased government subsidies [17]. - The cash inflow from investment activities reached 1,389,669,574.03 CNY, significantly higher than 666,854,799.05 CNY in the previous year [51]. - The cash outflow for investment activities was 1,195,863,471.30 CNY, compared to 1,009,094,406.93 CNY in the previous year, indicating increased investment spending [48]. - Operating activities generated a net cash flow of -57,337,228.53 CNY, a decline from a positive cash flow of 77,991,354.13 CNY in the previous period [51]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,018,867,369.80, a decrease of 7.82% compared to the end of the previous year [7]. - The company's total liabilities decreased by 30.65% to CNY 223.5 million from CNY 322.2 million, primarily due to reduced procurement volume [16]. - The company's equity attributable to shareholders was CNY 742,912,048.93, slightly down from CNY 746,185,524.88, a decrease of 0.4% [26]. - The company's share capital increased by 30.00% to CNY 208 million from CNY 160 million, resulting from the conversion of annual equity distribution into shares [16]. Shareholder Information - The company had a total of 22,647 common shareholders at the end of the reporting period [11]. - The top three shareholders collectively held 39.51% of the company's shares [12]. Research and Development - Research and development expenses for Q3 2018 were CNY 7,920,990.02, compared to CNY 7,873,089.52 in the previous year, indicating a stable investment in innovation [31]. - Research and development expenses for the current period amount to CNY 22,993,992.23, an increase from CNY 18,658,329.39 in the previous period [44]. Market Outlook - The company plans to focus on market expansion and new product development to improve future performance [31].