雪峰科技(603227) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 16.54% to CNY 1,347,024,262.34 for the first nine months of the year[10] - Net profit attributable to shareholders increased by 2.08% to CNY 90,767,349.66 year-on-year[10] - The company reported a loss of CNY 14,422,381.06 due to COVID-19 related disruptions[14] - The company reported a net profit attributable to shareholders of 185.08 million RMB, a 2.08% increase compared to the same period last year, benefiting from social security reductions during the pandemic[33] - The company experienced a 16.54% decrease in revenue for the first three quarters, amounting to a reduction of 26,685.77 million RMB, primarily due to the impact of the pandemic[33] - Total operating revenue for Q3 2020 was ¥687 million, a decrease of 5.04% compared to ¥723 million in Q3 2019[50] - Net profit attributable to shareholders for Q3 2020 was ¥79 million, an increase of 10.39% from ¥72 million in Q3 2019[52] - The company reported a total profit of ¥118 million in Q3 2020, a decrease of 3.63% from ¥122 million in Q3 2019[52] Assets and Liabilities - Total assets increased by 8.55% to CNY 3,739,421,330.41 compared to the end of the previous year[10] - Total liabilities increased to CNY 2,094,743,060.83, up from CNY 1,880,922,084.70, representing a growth of approximately 11.3% year-over-year[38] - Current liabilities totaled CNY 1,664,471,224.72, compared to CNY 1,391,646,712.09, marking an increase of about 19.6%[38] - Non-current liabilities decreased to CNY 430,271,836.11 from CNY 489,275,372.61, a decline of approximately 12.0%[38] - Total assets reached CNY 3,739,421,330.41, up from CNY 3,444,797,243.57, indicating a growth of around 8.6%[38] - Total liabilities amounted to CNY 1,880,922,084.70, with current liabilities at CNY 1,391,646,712.09[72] Cash Flow - Cash flow from operating activities decreased by 23.92% to CNY 26,769,203.00 for the first nine months[10] - The company's operating cash flow decreased by 841.48 million RMB, a decline of 23.92%, primarily due to reduced cash receipts from sales and increased accounts receivable[33] - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥26.77 million, down from ¥35.18 million in the same period of 2019[59] - Cash flow from investing activities for the first three quarters of 2020 was negative at approximately -¥89.03 million, compared to -¥115.56 million in the same period of 2019[61] - Cash flow from financing activities for Q3 2020 was negative at approximately -¥65.73 million, compared to -¥5.15 million in Q3 2019[61] Shareholder Information - The total number of shareholders at the end of the reporting period was 39,639[16] - The largest shareholder, Xinjiang Xuefeng Investment Holding Co., Ltd., holds 30.71% of the shares[16] Research and Development - Research and development expenses decreased by 262.09 million RMB, a drop of 37.59%, due to the completion of two major R&D projects in the previous year[25] - Research and development expenses in Q3 2020 were ¥1.88 million, significantly reduced by 65.05% from ¥5.37 million in Q3 2019[50] - R&D expenses in Q3 2020 were approximately ¥1.88 million, significantly lower than ¥5.11 million in Q3 2019, reflecting a reduction of 63%[55] Equity and Retained Earnings - Total equity rose to CNY 1,644,678,269.58 from CNY 1,563,875,158.87, representing an increase of approximately 5.2%[38] - The company's retained earnings increased to CNY 268,912,736.30 from CNY 211,080,386.64, a growth of approximately 27.3%[38] - The total equity attributable to shareholders reached CNY 1,264,124,645.71, contributing to total equity of CNY 1,563,875,158.87[72] Inventory and Accounts Payable - Inventory at the end of the reporting period rose to 15,615.84 million RMB, an increase of 5,090.54 million RMB, or 48.36%, driven by seasonal business demand[22] - Accounts payable increased by 16,194.90 million RMB to 25,470.82 million RMB, reflecting a 174.59% rise, mainly due to increased inventory purchases settled via notes[22] - Accounts receivable increased significantly to CNY 105,037,669.84 from CNY 46,099,733.83, reflecting a growth of approximately 128.0%[43]