南威软件(603636) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 107.99% to -CNY 6,580,087.79 year-on-year[11] - Operating revenue for the first nine months was CNY 489,107,888.87, a decline of 35.51% compared to the same period last year[11] - The total revenue for the third quarter was ¥489,107,888.87, a decrease of 35.51% compared to ¥758,394,496.34 in the same period last year[17] - The net profit for the first three quarters of 2020 was ¥489,107,888.87, a decline of 35.5% from ¥758,394,496.34 in the same period of 2019[36] - The net profit for Q3 2020 was a loss of CNY 3,447,119.01, compared to a profit of CNY 55,388,695.09 in Q3 2019[40] - The total profit for Q3 2020 was CNY 920,625.38, significantly lower than CNY 66,677,928.94 in the same period last year[40] - The basic earnings per share for Q3 2020 was -0.013 CNY, compared to 0.119 CNY in Q3 2019[40] - The company reported a significant increase in government subsidies, contributing to a 46.66% rise in other income to ¥4,641,843.29[17] Assets and Liabilities - Total assets increased by 10.77% to CNY 4,222,103,240.52 compared to the end of the previous year[9] - The capital reserve increased by 85.74% to ¥1,325,656,013.33, primarily due to the conversion of convertible bonds into shares[16] - Total liabilities amounted to approximately ¥1.73 billion, slightly up from ¥1.70 billion, indicating a marginal increase of about 1.4%[27] - The company's equity attributable to shareholders increased to approximately ¥2.43 billion from ¥2.06 billion, representing a growth of about 17.8%[27] - Total assets reached ¥3,862,739,007.77, an increase of 13.2% compared to ¥3,409,060,611.87 in the previous year[33] - Total liabilities amounted to ¥1,562,210,973.98, slightly up from ¥1,546,563,885.39, indicating a growth of 1.0%[33] - The total current assets amounted to CNY 1,911,305,963.56, with non-current assets totaling CNY 1,900,455,601.01, leading to a total asset value of CNY 3,811,761,564.57[57] - The total liabilities were CNY 1,705,108,168.40, with current liabilities at CNY 1,090,434,498.96 and non-current liabilities at CNY 614,673,669.44[59] Cash Flow - The net cash flow from operating activities improved by 39.41% to -CNY 194,674,441.38 compared to the same period last year[11] - The net cash flow from operating activities for the first three quarters of 2020 was -CNY 225,276,903.26, compared to -CNY 209,259,688.07 in the first three quarters of 2019, indicating a decline in operational cash flow[53] - The company reported cash inflows from financing activities of CNY 360,056,070.15 in the first three quarters of 2020, a decrease from CNY 756,158,284.38 in the same period of 2019[50] - The company’s total cash inflow from operating activities in the first three quarters of 2020 was CNY 610,924,962.11, while total cash outflow was CNY 805,599,403.49, leading to a negative cash flow situation[50] - The company reported a cash outflow related to debt repayment of CNY 84,965,067.63 and cash outflow for dividend distribution of CNY 94,621,393.36[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 33,791[12] - Major shareholder Wu Zhixiong held 40.48% of the shares, with 121,190,000 shares pledged[12] Inventory and Receivables - Inventory rose by 29.73% to ¥533,563,994.23, attributed to an increase in new contracts and investments in ongoing projects[16] - Accounts receivable increased to approximately ¥555.85 million, compared to ¥484.80 million, reflecting a growth of about 14.7%[25] - Accounts receivable increased to ¥460,399,323.36 from ¥380,467,266.20, reflecting a growth of 21.0% year-over-year[29] - Inventory rose to ¥410,085,511.91, up 77.2% from ¥231,727,295.96 in the previous year[29] Financial Ratios - The weighted average return on net assets decreased by 4.78 percentage points to -0.29%[9] - Basic earnings per share were -CNY 0.012, a decrease of 107.27% compared to the previous year[9] - Diluted earnings per share were -CNY 0.012, a decrease of 107.41% compared to the previous year[9] Development Expenditures - The company reported a significant increase in development expenditures, rising to approximately ¥119.16 million from ¥53.56 million, an increase of about 121.5%[25] - The company’s development expenditure remained stable at CNY 37.05 million[64] Changes Due to Accounting Standards - The adjustment of the new revenue and leasing standards resulted in an increase in total assets by CNY 13,767,535.48 and total liabilities by CNY 21,476,040.75[61] - The company adopted new revenue recognition standards, impacting total assets and liabilities adjustments[66]