苏州科达(603660) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 1,724,562,742.40, representing an increase of 11.87% year-on-year[8]. - Net profit attributable to shareholders of the listed company was CNY 22,927,258.43, a decrease of 83.64% compared to the same period last year[8]. - The net profit after deducting non-recurring gains and losses was CNY 14,916,559.20, down 88.83% year-on-year[8]. - Basic earnings per share decreased to CNY 0.04549, down 88.58% from CNY 0.39820 in the same period last year[8]. - The weighted average return on net assets was 1.31%, a decrease of 8.2 percentage points compared to 9.51% in the previous year[8]. - The company reported a net cash flow from operating activities of CNY -315,519,721.20 for the first nine months, compared to CNY -225,623,617.03 in the same period last year[8]. - Total operating revenue for Q3 2019 reached ¥639,931,211.69, an increase from ¥555,628,602.65 in Q3 2018, representing a growth of approximately 15.1%[29]. - The net profit for Q3 2019 was CNY 14,107,648.25, a decrease compared to CNY 48,633,148.02 in the same period last year[30]. - The total profit for Q3 2019 reached CNY 11,339,408.17, down from CNY 46,283,584.79 year-over-year[30]. - The operating profit for Q3 2019 was CNY 10,210,475.24, compared to CNY 46,654,048.67 in Q3 2018[30]. - The basic earnings per share for Q3 2019 was CNY 0.0251, a decline from CNY 0.13965 in the previous year[32]. - The total comprehensive income for Q3 2019 was CNY 13,669,346.23, compared to CNY 48,265,528.08 in Q3 2018[32]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,596,860,261.30, an increase of 0.54% compared to the end of the previous year[8]. - The total assets as of September 30, 2019, were ¥2,535,156,080.48, compared to ¥2,309,099,218.54 at the end of 2018, marking an increase of about 9.8%[25]. - Total liabilities as of September 30, 2019, were ¥1,756,528,140.74, up from ¥1,548,420,893.29 at the end of 2018, representing an increase of approximately 13.4%[26]. - Cash and cash equivalents decreased by 56.16% compared to the beginning of the period, primarily due to payments for procurement and employee year-end bonuses[13]. - Other current assets decreased by 79.99% compared to the beginning of the period, mainly due to the redemption of financial products during the reporting period[13]. - Long-term receivables increased by 327.72% compared to the beginning of the period, primarily due to the ongoing construction of the Fengning PPP project[13]. - Accounts payable increased by 41.58% compared to the beginning of the period, mainly due to higher procurement of raw materials for certain project solutions[13]. - Employee compensation payable decreased by 58.46% compared to the beginning of the period, primarily due to payments of bonuses and salaries during the reporting period[13]. - Tax payable decreased by 81.55% compared to the beginning of the period, attributed to the seasonal nature of sales, with higher sales and profits typically realized in the fourth quarter[13]. Cash Flow - The company reported a net cash flow from operating activities of CNY -315,519,721.20 for the first nine months, compared to CNY -225,623,617.03 in the same period last year[8]. - Cash flow from operating activities for the first three quarters of 2019 was ¥1.56 billion, compared to ¥1.35 billion in the same period of 2018, reflecting a 15% increase[38]. - Total cash inflow from operating activities for the first nine months of 2019 was 1,654,627,740.85 RMB, up from 1,397,149,514.02 RMB in the same period of 2018, representing a growth of approximately 18.4%[42]. - The cash outflow from operating activities for the first nine months of 2019 was 1,758,973,428.24 RMB, compared to 1,530,994,783.07 RMB in 2018, reflecting an increase of about 14.8%[42]. - The net cash flow from investment activities for Q3 2019 was 131,905,789.51 RMB, a significant increase from 66,986,543.91 RMB in Q3 2018[40]. - Cash inflow from investment activities for the first nine months of 2019 totaled 170,137,137.53 RMB, compared to 66,055,104.12 RMB in the same period of 2018, marking a substantial increase[43]. - The net cash flow from financing activities for Q3 2019 was -38,330,807.60 RMB, down from 98,908,330.00 RMB in Q3 2018, indicating a decrease in financing cash flow[43]. - The total cash and cash equivalents at the end of Q3 2019 were 57,429,073.02 RMB, down from 135,006,588.37 RMB at the end of Q3 2018[43]. Shareholder Information - The total number of shareholders at the end of the reporting period was 24,617[12]. - The largest shareholder, Chen Donggen, held 25.77% of the shares, totaling 129,811,628 shares[12]. Government Subsidies and Expenses - The company received government subsidies amounting to CNY 7,579,898.41 during the reporting period[10]. - Research and development expenses for the first three quarters of 2019 amounted to ¥498,512,118.89, up from ¥411,325,464.69 in the same period of 2018, reflecting a growth of approximately 21.2%[29]. - Sales expenses for Q3 2019 were ¥74.40 million, an increase of 14.5% from ¥65.24 million in Q3 2018[35]. - The company paid 794,559,526.70 RMB in employee compensation in Q3 2019, which is an increase from 593,544,757.60 RMB in Q3 2018, reflecting a growth of approximately 33.8%[39].