金瑞矿业(600714) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 370,329.16, representing a decline of 71.99% year-on-year[8]. - Operating revenue for the period was CNY 112,927,846.71, down 9.50% from the same period last year[8]. - The basic earnings per share were CNY 0.001, down 80.00% from CNY 0.005 in the previous year[8]. - The company reported a net loss of CNY 32,511,370.86 for the third quarter of 2020, reflecting a decrease in retained earnings[46]. - Net profit for Q3 2020 was CNY 782,960.98, a significant recovery from a net loss of CNY 513,839.55 in Q3 2019[27]. - Net profit for the first three quarters of 2020 reached 784,848.35, up 29.4% from 606,408.56 in the same period of 2019[31]. Cash Flow - The net cash flow from operating activities was CNY 192,561.09, a significant decrease of 99.52% compared to the previous year[8]. - The net cash flow from operating activities decreased by 99.52% to ¥192,561.09 compared to ¥40,419,695.89 in the same period last year, primarily due to a decrease in operating revenue[13]. - Cash inflow from operating activities totaled 75,791,750.26 in Q3 2020, down from 133,820,792.54 in Q3 2019[32]. - The total cash outflow from operating activities was 75,599,189.17 in Q3 2020, compared to 93,401,096.65 in Q3 2019[32]. - The net cash flow from operating activities was -12,000,006.04 RMB in Q3 2020, a decline from a positive cash flow of 12,996,508.79 RMB in Q3 2019[36]. - The cash inflow from operating activities totaled 398,116.53 RMB in the first nine months of 2020, a sharp decrease from 21,123,016.31 RMB in the same period of 2019[35]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 671,933,200.74, a decrease of 0.34% compared to the end of the previous year[8]. - Current assets totaled CNY 458,052,263.73, a marginal decrease from CNY 460,526,537.05 at the end of 2019[19]. - The total liabilities decreased to CNY 55,637,363.78 from CNY 58,568,483.70 in the previous year[21]. - The company's total equity increased to CNY 583,281,678.62 from CNY 582,496,830.27 at the end of 2019[25]. - The company’s total current liabilities were CNY 20,844,579.49, with total non-current liabilities at CNY 10,357,200.00, summing up to total liabilities of CNY 31,201,779.49[45]. - The company’s total liabilities as of Q3 2020 were 46,923,163.61 RMB, indicating a stable liability position[39]. Research and Development - Research and development expenses increased by 42.05% to CNY 4,083,168.74 due to increased investment in R&D projects[12]. - Research and development expenses for Q3 2020 were CNY 743,275.99, a decrease from CNY 1,829,034.20 in Q3 2019[26]. Investment Activities - The net cash flow from investing activities was -¥243,464,798.08, a significant increase in outflow compared to -¥178,518,661.30 in the previous year, mainly due to reduced recovery of investments in financial products[13]. - The company’s cash inflow from investment activities in Q3 2020 was 55,027,035.62 RMB, significantly lower than 330,000,000.00 RMB in Q3 2019[36]. - The cash outflow for investment activities in the first nine months of 2020 was 284,000,000.00 RMB, compared to 490,000,000.00 RMB in the same period of 2019, showing a reduction in investment spending[33]. Shareholder Information - The company reported a total of 14,708 shareholders at the end of the reporting period[10]. - The company’s total equity attributable to shareholders is CNY 582,496,830.27[46]. Accounting Policies - The company has undergone a change in accounting policy effective January 1, 2020, which is not expected to have a significant impact on its financial position or results[14]. - The company executed the new revenue recognition standard starting January 1, 2020, adjusting contract liabilities by CNY 776,458.41[41].