京城股份(600860) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period increased by 16.26% to CNY 887,349,416.75 compared to CNY 763,276,665.20 in the same period last year[18]. - Net profit attributable to shareholders of the listed company was a loss of CNY 63,858,836.73, worsening from a loss of CNY 44,148,603.58 in the same period last year[18]. - Basic and diluted earnings per share were both CNY -0.15, compared to CNY -0.10 in the same period last year[21]. - The total net profit attributable to the parent company decreased to -63,858,836.73, a decline from -44,148,603.58 in the previous year, primarily due to a reduction in total profit[31]. - The net loss attributable to shareholders for Q3 2019 was CNY 28,284,971.02, compared to a loss of CNY 15,466,153.25 in Q3 2018, while the net loss for the first three quarters was CNY 63,858,836.73, up from CNY 44,148,603.58[60]. - The total comprehensive loss for Q3 2019 was CNY 32,673,110.48, compared to a loss of CNY 18,862,329.16 in Q3 2018, with a total comprehensive loss for the first three quarters of CNY 81,515,234.11, up from CNY 59,440,560.95[61]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,770,284,120.22, a decrease of 0.29% compared to the end of the previous year[18]. - The company's total liabilities decreased by 50.00% to 5,500,000.00, mainly due to a reduction in long-term borrowings[29]. - The company's total equity attributable to shareholders decreased to $402.84 million from $466.88 million, a decline of about 13.7%[45]. - The company's non-current assets totaled RMB 950.45 million, down from RMB 1.01 billion at the end of 2018[43]. - Total liabilities increased to $988.53 million from $912.22 million, representing an increase of approximately 8.4%[45]. - Current liabilities totaled $795.75 million, up from $728.14 million, reflecting a growth of about 9.3%[45]. Cash Flow - Net cash flow from operating activities decreased by 21.65% to CNY 46,756,410.91 from CNY 59,676,750.40 in the same period last year[18]. - The cash flow from operating activities in Q3 2019 was CNY 46,756,410.91, down from CNY 59,676,750.40 in Q3 2018, indicating a decrease of 21.7%[72]. - The cash flow from financing activities showed a net increase of 12,000,000.00 RMB, contrasting with a net outflow of 51,531,562.52 RMB in the previous year[76]. - The net cash flow from financing activities was CNY 35,232,309.89 in Q3 2019, a significant improvement from a net outflow of CNY -33,016,109.51 in Q3 2018[72]. - The net cash flow from operating activities was -17,409,504.93 RMB, compared to -4,508,790.74 RMB in the same period last year, indicating a significant decline[74]. Research and Development - Research and development expenses surged by 208.44% to 6,079,205.39, reflecting increased investment in R&D[29]. - Research and development expenses in Q3 2019 were CNY 1,590,771.16, significantly higher than CNY 484,469.62 in Q3 2018, with total R&D expenses for the first three quarters reaching CNY 6,079,205.39, compared to CNY 1,970,964.04 last year[54]. Shareholder Information - The number of shareholders reached 21,042, with the top ten shareholders holding a combined 67.73% of the shares[27]. - The company plans to issue up to 84.4 million A-shares to raise no more than RMB 462 million for projects including intelligent production lines and hydrogen energy product development[35]. - The company has received approval from the China Securities Regulatory Commission for its non-public A-share issuance[35]. Tax and Government Support - Non-operating income included government subsidies of CNY 73,739.80, with total non-operating income for the period amounting to CNY 15,976.59[23]. - The total revenue from tax refunds increased by 42.95% to 25,889,838.11, primarily driven by an increase in export tax rebates[31]. - The company received CNY 25,889,838.11 in tax refunds during Q3 2019, an increase from CNY 18,111,057.58 in Q3 2018, representing a growth of 43.1%[72].