波导股份(600130) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 143.54% year-on-year to CNY 33,920,574.68[5] - Operating revenue decreased by 0.48% year-on-year to CNY 404,047,946.03[5] - The company reported a significant increase in net profit despite a decline in operating revenue, indicating potential cost management improvements[5] - Basic and diluted earnings per share both doubled to CNY 0.04[5] - Net profit for Q3 2020 was ¥8,081,863.38, compared to ¥9,124,872.48 in Q3 2019, indicating a decrease of 11.4%[17] - Net profit attributable to shareholders for Q3 2020 was CNY 6,792,662.31, a decrease from CNY 9,124,872.48 in Q3 2019, representing a decline of approximately 25.5%[18] - The company reported a total comprehensive income of CNY 8,233,074.76 for Q3 2020, down from CNY 9,023,686.09 in Q3 2019[18] - Total profit for Q3 2020 was CNY 3,730,807.44, a decrease of approximately 58.1% from CNY 8,901,961.41 in Q3 2019[20] Assets and Liabilities - Total assets increased by 17.49% year-on-year to CNY 1,219,731,172.04[5] - Total liabilities increased to ¥272,058,526.08 from ¥134,671,498.95, reflecting the growth in accounts payable and other liabilities[13] - Total assets as of September 30, 2020, amounted to ¥910,580,863.62, an increase from ¥874,901,229.53 at the end of 2019[15] - Current assets totaled ¥668,902,321.05 as of September 30, 2020, compared to ¥633,797,837.42 at the end of 2019, showing a growth of 5.3%[15] - Total liabilities increased to ¥56,465,832.72 in Q3 2020 from ¥44,782,943.47 in Q3 2019, marking a rise of 26.5%[15] - The company’s total equity increased to ¥854,115,030.90 as of September 30, 2020, from ¥830,118,286.06 at the end of 2019, reflecting a growth of 2.9%[15] - Total equity attributable to shareholders was CNY 903,479,224.40, with a negative retained earnings of CNY -391,598,297.63[30] Cash Flow - Net cash flow from operating activities was negative at CNY -79,923,745.27, a decline of 419.73% compared to the previous year[5] - Cash inflows from operating activities for the first three quarters of 2020 totaled CNY 311,761,980.49, a decrease of 31.1% compared to CNY 453,246,880.67 in the same period of 2019[23] - The company reported a net cash outflow from operating activities of CNY 33,888,461.81 for the first three quarters of 2020[23] - The net cash flow from operating activities for the first three quarters of 2020 was -83,253,771.29 RMB, compared to -164,318,923.40 RMB in the same period of 2019, showing an improvement[27] - The total cash outflow from operating activities was 215,641,322.60 RMB, compared to 331,528,308.24 RMB in the same period last year, indicating a reduction in cash outflows[27] Investments and Income - Non-recurring gains and losses amounted to CNY 6,057,999.72 for the current period[7] - Other income increased by 260.41% to ¥3,274,050.18 from ¥908,433.23, mainly due to increased government subsidies[11] - Investment income decreased by 39.18% to ¥4,081,531.93 from ¥6,710,484.40, primarily due to reduced recoveries from bank wealth management[11] - The company received 130,000,000.00 RMB from investment recoveries, down from 150,000,000.00 RMB in the previous year[27] Shareholder Information - The total number of shareholders reached 75,294[9] - The largest shareholder, Waveguide Technology Group Co., Ltd., holds 16.40% of shares, totaling 125,946,400 shares[9] Research and Development - Research and development expenses decreased by 51.31% to ¥5,573,177.01 from ¥11,446,612.03, primarily due to reduced R&D investments[10] - Research and development expenses for Q3 2020 were ¥3,642,439.92, down 37.4% from ¥5,820,026.73 in Q3 2019[17] - The company incurred research and development expenses of CNY 672,096.46 in the first three quarters of 2020, down from CNY 929,311.05 in the same period of 2019[20] Inventory and Receivables - Accounts receivable surged by 230.39% to ¥214,807,568.42 from ¥65,016,702.14, mainly due to the increase in accounts receivable from newly acquired subsidiaries[10] - Inventory rose by 78.48% to ¥55,260,293.66 from ¥30,962,342.08, attributed to increased stockpiling[10] - The company reported a decrease in inventory from ¥516,229.86 in 2019 to ¥74,186.35 in 2020, a reduction of 85.6%[15] - The company reported a significant increase in other receivables, rising to ¥332,882,329.84 in Q3 2020 from ¥218,229,503.62 in Q3 2019, an increase of 52.6%[15]