奇精机械(603677) - 2019 Q3 - 季度财报

Financial Performance - Operating income for the period was CNY 1,164,682,772.05, representing a year-on-year increase of 20.92%[7] - Net profit attributable to shareholders of the listed company was CNY 55,800,614.56, up 7.10% from the previous year[7] - Basic earnings per share increased by 7.41% to CNY 0.29 per share[7] - The company reported a net profit of CNY 47,714,776.51 after deducting non-recurring gains and losses, a decrease of 5.24% year-on-year[7] - Net profit for the first three quarters of 2019 reached CNY 63,264,893.50, compared to CNY 49,583,759.00 in the same period of 2018, representing a growth of about 27.6%[41] - In Q3 2019, the company reported a net profit of ¥19,114,642.83, an increase of 34.5% compared to ¥14,208,323.93 in Q3 2018[43] - The total profit for the first three quarters of 2019 reached ¥68,225,118.97, an increase of 8.3% from ¥62,793,207.31 in the same period of 2018[43] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,743,959,708.46, a decrease of 12.97% compared to the end of the previous year[7] - Total liabilities decreased to CNY 677,641,982.91 from CNY 957,186,464.53, reflecting a reduction of approximately 29.31%[40] - The company's total current assets amounted to ¥1,104,474,730.17, a decrease from ¥1,296,459,334.52 at the end of 2018[35] - The company's cash and cash equivalents were reported at ¥90,270,864.82, down from ¥197,969,040.42 at the end of 2018[35] - Total liabilities decreased to ¥683,658,309.14 from ¥962,907,851.87 at the end of 2018, reflecting a reduction of about 29.0%[37] - The company's long-term equity investments decreased significantly to ¥20,132,322.40 from ¥150,265,503.77 at the end of 2018[36] Cash Flow - Net cash flow from operating activities was CNY 45,835,549.60, down 20.74% compared to the same period last year[7] - Cash flow from investment activities was RMB 164,517,807.92, a turnaround from a negative cash flow of RMB -140,048,355.12, mainly due to the recovery of investments and maturity of financial products[12] - Cash inflow from sales of goods and services was CNY 1,036,754,600.30, an increase of 16.4% from CNY 890,494,668.21 in 2018[52] - Total cash inflow from investment activities reached CNY 646,253,867.09, significantly up from CNY 218,085,502.07 in the previous year[52] - Cash outflow from financing activities totaled CNY 583,443,606.72, compared to CNY 239,932,179.47 in the same period last year, indicating increased financing efforts[53] Shareholder Information - Total shareholders reached 8,288, with the largest shareholder, Ningbo Qijing Holdings Co., Ltd., holding 99,960,000 shares, representing 51.58% of total shares[10] - The company repurchased and canceled a total of 2,354,744 shares of unvested restricted stock on May 21, 2019[21] - The company plans to permanently supplement working capital with RMB 76.19 million of surplus funds from its initial public offering[13] Investment and Development - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company has invested RMB 4 billion in the Zhuhai Dongzheng Ruihe Investment Partnership, with a cumulative paid-in capital of RMB 1.5 billion[17] - The company has modified its non-public offering plan to raise up to RMB 36.95 million, pending approval from the China Securities Regulatory Commission[19] Financial Adjustments and Standards - The company implemented new financial instrument standards starting January 1, 2019, affecting the classification and measurement of financial instruments[58] - The company reported a retained earnings adjustment of -256,192.05, indicating a decrease in undistributed profits from 277,412,765.20 to 277,156,573.15[62] Other Financial Metrics - The weighted average return on net assets decreased by 0.46 percentage points to 5.30%[7] - Research and development expenses for Q3 2019 were ¥13,287,027.48, a decrease of 5.6% from ¥14,071,117.39 in Q3 2018[43] - The company recorded a total of ¥6,880,826.53 in other income for the first three quarters of 2019, compared to ¥1,458,570.89 in the same period of 2018[43]