科创新源(300731) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached CNY 68,388,979.65, a year-on-year increase of 19.12%[7] - Net profit attributable to shareholders decreased by 9.69% to CNY 11,762,376.82 compared to the same period last year[7] - Basic earnings per share fell by 35.00% to CNY 0.13[7] - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY 10,633,169.69, down 5.55% year-on-year[7] - Total operating revenue for Q3 2018 reached ¥68,388,979.65, an increase of 19.5% compared to ¥57,413,788.28 in the same period last year[42] - Net profit attributable to the parent company was ¥11,762,376.82, down 9.7% from ¥13,025,057.55 in Q3 2017[44] - The total comprehensive income attributable to the parent company was CNY 11,762,376.82, a decrease from CNY 13,025,057.55 in the previous period[48] Assets and Liabilities - Total assets increased by 7.08% to CNY 580,407,537.64 compared to the end of the previous year[7] - The total assets of the company increased from CNY 542.02 million to CNY 580.41 million, marking an increase of about 7%[36] - Total liabilities decreased slightly to ¥73,254,352.49 from ¥74,152,146.15, a decrease of 1.2%[40] - The company reported a total of CNY 131.50 million in non-current assets, up from CNY 38.66 million, indicating a significant increase of approximately 240%[36] Cash Flow - Cash flow from operating activities decreased by 39.68% to CNY 15,226,049.53 year-to-date[7] - Net cash flow from operating activities decreased by 39.68% to ¥15,226,049.53 attributed to increased operational costs and personnel expenses[17] - The company's cash and cash equivalents decreased from CNY 268.45 million at the beginning of the period to CNY 182.72 million by the end of the period, representing a decline of approximately 32%[35] - Cash and cash equivalents at the end of the period stood at ¥176,969,438.98, down from ¥265,746,032.42 at the beginning of the period[60] - The ending balance of cash and cash equivalents was ¥178,451,256.72, down from ¥267,172,067.95 at the beginning of the period[63] Expenses - Operating costs grew by 34.55% to ¥123,779,002.34 due to increased sales and the consolidation of subsidiaries[16] - Sales expenses increased by 36.52% to ¥13,454,745.20 as a result of expanded market efforts and increased personnel costs[16] - Management expenses rose by 43.31% to ¥25,387,262.76 due to organizational growth and higher personnel salaries[16] - Research and development expenses for Q3 2018 were ¥3,817,790.56, up from ¥3,497,802.76, indicating a growth of 9.2%[42] - Research and development expenses for the current period were CNY 2,989,947.23, slightly lower than CNY 3,069,778.06 in the previous period[47] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,996[11] - The top ten shareholders held a combined 78.77% of the shares, with Suzhou Tianli Investment Co., Ltd. and Shenzhen Kechuang Xinhua Technology Co., Ltd. each holding 20.64%[11] - The company has no overdue commitments from shareholders or related parties during the reporting period.[29] Investments and Acquisitions - The company invested CNY 89.7 million to acquire 65% equity in Wuxi Kuncheng New Materials Technology Co., Ltd.[28] - The company plans to invest CNY 16.25 million to acquire 65% equity in Liuzhou Honggui Auto Parts Co., Ltd. to expand its automotive sealing business in the southwest region of China.[28] - The company provided a loan of CNY 50 million to its subsidiary Shenzhen Hangchuang Sealing Co., Ltd.[28] Project Adjustments - The company plans to adjust the implementation subject of the "High-Performance Special Rubber Sealing Material Construction Project" from Shenzhen Kexin New Material Co., Ltd. to Huizhou Kexin New Material Co., Ltd., while maintaining the total investment amount unchanged[21] - The implementation location of the "High-Performance Special Rubber Sealing Material Expansion Project" will change from Bo Luo County, Huizhou to Shenzhen Fuchuan Technology Industrial Park, with the total investment amount remaining the same[22] - The "R&D Center Construction Project" will also have its implementation location changed to Shenzhen Fuchuan Technology Industrial Park, with the total investment amount unchanged[23] - The adjustments made to the fundraising projects do not harm the interests of the company and its shareholders, aligning with the company's development strategy and long-term planning[24] Financial Management - The company plans to use up to RMB 80 million of temporarily idle fundraising for cash management, investing in principal-protected financial products[25] - The company signed a contract to purchase RMB 80 million of fixed income products with CITIC Securities, with a product term from August 30, 2018, to March 4, 2019[25] - The company approved the use of up to RMB 30 million of temporarily idle fundraising for cash management, focusing on low-risk, short-term financial products[26] - A contract for a structured deposit of RMB 30 million was signed with China Merchants Bank, with a product term from August 15, 2018, to November 10, 2018[26]