鸿远电子(603267) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 21.89% to CNY 237,316,035.75 year-on-year[11]. - Operating revenue grew by 12.84% to CNY 800,168,359.54 for the first nine months of the year[11]. - Basic earnings per share increased by 6.37% to CNY 1.67[11]. - Total revenue for Q3 2019 reached ¥256,503,293.61, an increase of 10.3% compared to ¥232,800,365.56 in Q3 2018[48]. - Net profit for Q3 2019 was ¥60,108,158.66, a decrease of 10.4% from ¥67,436,675.72 in Q3 2018[51]. - The company's revenue for Q3 2019 was approximately ¥207.99 million, representing an increase from ¥190.77 million in Q3 2018, which is a growth of about 9.6%[57]. - The total profit for Q3 2019 was approximately ¥72.95 million, compared to ¥81.93 million in Q3 2018, reflecting a decrease of about 10.1%[57]. Assets and Liabilities - Total assets increased by 60.68% to CNY 2,334,754,126.85 compared to the end of the previous year[11]. - Total current assets increased to approximately $2.07 billion as of September 30, 2019, up from $1.24 billion at the end of 2018, representing a growth of about 67%[31]. - Total non-current assets reached approximately $263.93 million, up from $212.81 million, indicating an increase of about 24%[35]. - Total liabilities decreased to approximately $303.30 million from $342.44 million, a reduction of about 11%[37]. - Total assets increased to ¥2,273,541,854.58, compared to ¥1,369,100,964.91 in the previous year, reflecting a growth of 66.1%[46]. - Total liabilities decreased to ¥222,929,043.03 from ¥238,658,630.25, a reduction of 6.6%[46]. - Total liabilities stood at approximately $238.66 million, unchanged from the previous period[86]. Cash Flow - Cash flow from operating activities improved, with a net cash flow of -CNY 21,304,957.84 compared to -CNY 32,093,312.97 in the same period last year[11]. - The net cash flow from operating activities was a negative RMB 21.3049 million, an improvement from a negative RMB 32.0933 million in the previous year[18]. - The company reported a net cash inflow from financing activities of RMB 581.3639 million, compared to a negative RMB 29.8859 million last year[18]. - Cash inflow from investment activities totaled CNY 534,235,333.43, significantly higher than CNY 4,500.00 in the previous year, reflecting a substantial increase in investment recovery[67]. - Cash outflow for investment activities reached CNY 1,040,785,401.96, compared to CNY 20,022,241.84 in the same period last year, indicating increased capital expenditure[67]. - Net cash flow from financing activities was CNY 581,363,881.55, a significant improvement from -CNY 29,885,937.79 in the previous year, showing strong financing support[67]. Shareholder Information - The company reported a total of 19,200 shareholders at the end of the reporting period[13]. - The company plans to distribute cash dividends of RMB 5.00 per 10 shares, totaling RMB 82.67 million[26]. - The company issued 41.34 million new shares, resulting in a 33.34% increase in paid-in capital to RMB 165.34 million[26]. - Shareholders' equity increased significantly to approximately $2.03 billion, compared to $1.11 billion, representing a growth of about 83%[37]. Expenses - Research and development expenses decreased by 8.28% to CNY 20,739,103.16[16]. - Sales expenses increased by 17.51% to CNY 55,206,177.86[16]. - Management expenses rose by 22.14% to CNY 64,609,038.61[16]. - Research and development expenses for Q3 2019 were ¥7,453,273.97, down 21.0% from ¥9,433,036.63 in Q3 2018[48]. - Employee compensation payments increased to CNY 129,565,222.43 from CNY 100,738,046.10, reflecting a rise in workforce costs[64]. Inventory and Receivables - Accounts receivable increased by 74.07% to RMB 838.2546 million, reflecting longer average collection periods[18]. - Inventory increased by 24.70% to RMB 223.2518 million, driven by growth in self-operated business revenue[18]. - Accounts receivable rose significantly to approximately $838.25 million, compared to $481.56 million in the previous year, marking an increase of about 74%[31]. - Inventory increased to approximately $223.25 million, up from $179.03 million, reflecting a growth of about 25%[31].