ST熊猫(600599) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months dropped by 52.67% to CNY 103,786,737.74 year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 18,588,893.50, compared to a loss of CNY 26,338,562.63 in the same period last year[6] - The weighted average return on equity was -2.805%, an improvement from -3.722% year-on-year[6] - Basic and diluted earnings per share were both -0.112 CNY, compared to -0.1587 CNY in the previous year[6] - Total operating revenue for Q3 2019 was CNY 17,119,634.62, a decrease from CNY 66,016,475.98 in Q3 2018[28] - The net profit for Q3 2019 was -5,394,133.24, compared to -32,532,226.72 in Q3 2018, indicating an improvement in losses by about 83.5% year-over-year[31] - The total profit for Q3 2019 was -4,940,401.21, which is an improvement from -20,243,761.37 in Q3 2018, reflecting a reduction in losses by approximately 75.7%[31] - The basic earnings per share for Q3 2019 were -0.032, compared to -0.1769 in Q3 2018, indicating a significant improvement in earnings per share[32] Cash Flow - Net cash flow from operating activities was a negative CNY 142,933,309.26, an improvement from a negative CNY 194,881,139.84 in the same period last year[6] - Cash flow from operating activities for the first nine months of 2019 was negative CNY 142,933,309.26, an improvement from negative CNY 194,881,139.84 in the same period last year[39] - Total cash outflow from operating activities for the first nine months of 2019 was CNY 304,800,039.66, down from CNY 429,082,061.92 in the same period last year[39] - The net cash flow from operating activities for the first three quarters of 2019 was -275,558,038.25 RMB, compared to -39,390,694.08 RMB in the same period of 2018, indicating a significant decline[42] - The company’s cash flow from financing activities was negative at -6,605,775.36 RMB in Q3 2019, indicating outflows related to dividend payments[43] Assets and Liabilities - Total assets decreased by 13.97% to CNY 810,577,480.23 compared to the end of the previous year[6] - The total assets decreased from 942.18 million to 810.58 million, reflecting a significant reduction in both current and non-current assets[21] - The company’s total liabilities were CNY 96,696,220.72, a decrease from CNY 441,857,440.72 in the previous year[27] - The total liabilities as of September 30, 2019, were 270,373,028.80 RMB, consistent with the previous year[48] - Current liabilities were reported at 441,857,440.72, with accounts payable at 7,357,382.26 and other payables at 431,542,914.68[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,186[12] - The top ten shareholders held a total of 40,000,000 shares, representing 24.10% of the total shares[13] - The company’s equity attributable to shareholders was 671,896,671.65 RMB as of September 30, 2019, reflecting stability in shareholder equity[48] Research and Development - Research and development expenses decreased by 81.00% year-on-year, primarily due to a reduction in expenses from the capital division[16] - Research and development expenses for Q3 2019 were 100,960.83, significantly lower than 1,679,076.48 in Q3 2018, representing a decrease of approximately 93.9%[30] Inventory and Receivables - Accounts receivable decreased by 68.33% compared to the beginning of the period, primarily due to recoveries and impairment provisions[14] - Inventory decreased by 52.14% compared to the beginning of the period, primarily due to seasonal consumption of inventory by the fireworks subsidiary[14] - Other receivables increased by 187.96% compared to the beginning of the period, mainly due to the disposal of subsidiaries and increased operational transactions[14] Financial Position - The company has a significant capital reserve of 508,304,306.43, reflecting strong financial backing[53] - The company reported a total comprehensive income of CNY 2,848,314.13 for Q3 2019, a decrease from CNY 7,442,631.14 in Q3 2018, reflecting a decline of approximately 61.7%[36] - The company has a deferred tax asset of 4,075,111.00, which may provide future tax benefits[52]