Workflow
拉芳家化(603630) - 2019 Q3 - 季度财报
LafangLafang(SH:603630)2019-10-29 16:00

Financial Performance - Net profit attributable to shareholders was CNY 57,541,475.98, down 56.49% year-on-year[6]. - Operating revenue for the first nine months was CNY 696,108,713.88, a decrease of 1.84% compared to the same period last year[6]. - Basic earnings per share decreased by 55.17% to CNY 0.26[7]. - The weighted average return on equity decreased by 4.33 percentage points to 3.19%[6]. - The company reported a 31.73% decrease in investment income to CNY 16.23 million, mainly due to reduced returns from bank financial products and investments in associates[15]. - The net profit for the first three quarters of 2019 was ¥55,910,703.77, down from ¥150,670,488.16 in the same period of 2018[29]. - The net profit for Q3 2019 was approximately ¥11.80 million, compared to ¥48.40 million in Q3 2018, reflecting a significant decline of 75.6%[32]. - The company's operating profit for the first three quarters of 2019 was approximately ¥65.19 million, down 54.4% from ¥142.92 million in the same period of 2018[31]. - The total profit for the first three quarters of 2019 was approximately ¥70.87 million, a decrease of 51.6% compared to ¥146.18 million in the first three quarters of 2018[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,927,646,013.78, a decrease of 3.37% compared to the end of the previous year[6]. - The company's equity attributable to shareholders was approximately ¥1.74 billion, a decrease from ¥1.79 billion, indicating a decline of about 2.4%[23]. - Total liabilities decreased to ¥254,223,370.75 from ¥275,368,813.08, a reduction of 7.7%[27]. - The company reported total non-current assets of approximately ¥523.17 million, leading to total assets of approximately ¥2.03 billion[45]. - Total current assets amounted to approximately ¥1.51 billion, with cash and cash equivalents at ¥880.75 million[44]. - The company has no short-term or long-term borrowings, indicating a debt-free status[45]. - The company has a significant amount of inventory valued at approximately ¥310.17 million, which may impact future cash flow[44]. Cash Flow - The net cash flow from operating activities increased by 123.00% to CNY 99,549,406.31[6]. - The net cash flow from operating activities for the third quarter of 2019 was ¥99.55 million, significantly up from ¥44.64 million in the same quarter of 2018, representing an increase of 123.5%[35]. - The cash inflow from recovering investments in the first three quarters of 2019 was ¥452.45 million, a decrease of 62.9% from ¥1.22 billion in the same period of 2018[36]. - The total cash inflow from investment activities in the first three quarters of 2019 was ¥481.41 million, down 63.1% from ¥1.31 billion in the same period of 2018[35]. - The cash outflow for purchasing goods and services in the first three quarters of 2019 was ¥312.37 million, down 25.8% from ¥420.72 million in the same period of 2018[34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 19,391[10]. - The largest shareholder, Wu Guiqian, held 30.66% of the shares, with 43,030,000 shares pledged[10]. - Shareholders' equity totaled CNY 1,796,467,100.28, with retained earnings of CNY 680,353,492.82[40]. Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 5,973,278.01 during the reporting period[8]. - The company reported a total of CNY 1,976,192.29 in non-recurring gains and losses for the period[8]. - Other income saw a significant decline of 99.89% to CNY 1,692.77, mainly due to reduced subsidy income[15]. Operational Efficiency and Strategic Focus - The company continues to focus on maintaining operational efficiency amid declining revenues and profits[33]. - The company has not provided specific guidance for future performance or new product developments in the current reports[33]. - The company has disclosed important announcements regarding share repurchase and board changes in various financial publications[17].