南宁百货(600712) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 943.73% to a loss of CNY 50,679,656.94 for the first nine months[6] - Operating revenue for the first nine months dropped by 59.10% to CNY 552,374,649.69 compared to the same period last year[6] - Basic and diluted earnings per share were both CNY -0.0930, a decrease of 945.45% compared to the previous year[7] - Net profit for the third quarter of 2020 was a loss of CNY 50,679,656.94, a decline of 943.73% compared to a profit of CNY 6,006,632.17 in the third quarter of 2019[13] - Total operating revenue for Q3 2020 was ¥191,080,568.35, a decrease from ¥420,317,805.29 in Q3 2019, representing a decline of approximately 54.5%[25] - Net profit attributable to shareholders for Q3 2020 was -¥12,854,962.58, down from a profit of ¥5,021,019.95 in Q3 2019, marking a significant decline[26] - The company’s total profit for Q3 2020 was -¥12,854,962.58, down from ¥5,680,546.36 in Q3 2019, reflecting a significant decline[25] Cash Flow and Liquidity - The net cash flow from operating activities for the first nine months was negative at CNY -31,527,108.53, a decrease of 241.77% year-on-year[6] - Cash flow from operating activities showed a net outflow of CNY 31,527,108.53, a decrease of 241.77% compared to a net inflow of CNY 22,238,670.19 in the same period of 2019[13] - The net cash flow from operating activities for Q3 2020 was -8,546,711.15 CNY, a decrease from 55,180,303.05 CNY in Q3 2019[34] - Cash and cash equivalents at the end of Q3 2020 increased to 257,228,752.97 CNY from 217,349,128.55 CNY at the end of Q2 2020, reflecting a net increase of 36,590,230.61 CNY[31] - The company experienced a net cash increase of 59,624,921.23 CNY in Q3 2020, contrasting with a decrease of -26,177,361.06 CNY in Q3 2019, indicating improved liquidity[34] Assets and Liabilities - Total assets decreased by 2.14% to CNY 1,852,649,395.75 compared to the end of the previous year[6] - The company reported a significant increase in expected liabilities by 169.25%, amounting to CNY 36,687,031.23 compared to CNY 13,625,603.65 in the previous year[12] - Total liabilities increased significantly, reflecting the impact of the pandemic on the company's financial position[12] - Owner's equity decreased from CNY 1,025,125,341.23 to CNY 972,811,718.21, a decline of approximately 5.1%[19] - Total liabilities increased from CNY 867,944,307.35 to CNY 879,837,677.54, reflecting a growth of about 1.0%[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 54,502[9] - The largest shareholder, Nanning Futian Investment Co., Ltd., holds 18.85% of the shares, amounting to 102,687,831 shares[9] Inventory and Receivables - Accounts receivable increased by 41.28% to CNY 5,483,572.01 due to increased receivables from home appliance companies[11] - The company’s inventory decreased by 5.25% to CNY 108,254,508.01 from CNY 114,515,013.63 year-on-year[17] - Inventory decreased from CNY 83,385,456.85 to CNY 76,065,833.46, a decline of approximately 8.8%[21] Government Support - Government subsidies received amounted to CNY 13,009,956.80, including employment and resumption subsidies[8] Financial Expenses - The company’s financial expenses decreased by 24.74% to CNY 10,401,005.84 from CNY 13,819,188.20 year-on-year due to lower loan interest rates[12] - The company’s financial expenses for Q3 2020 were ¥4,227,085.68, compared to ¥3,911,222.04 in Q3 2019, indicating an increase of about 8.0%[25]