晶华新材(603683) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months rose by 14.54% to CNY 677,104,766.90 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 82.86% to CNY 3,124,583.60 for the first nine months[6] - Basic earnings per share dropped by 85.71% to CNY 0.02[6] - The company reported a 14.54% increase in sales revenue year-on-year, but gross margin decreased by 7.28%[12] - The company’s net profit for the first three quarters of 2019 was ¥3,226,537.05, down from ¥19,520,955.68 in the same period of 2018[27] - The company’s total operating revenue for the first three quarters of 2019 was ¥677,104,766.90, a 14.5% increase from ¥591,147,165.01 in the first three quarters of 2018[26] Cash Flow - Net cash flow from operating activities for the first nine months was CNY 46,201,250.20, a significant recovery from a negative cash flow of CNY -53,750,458.75 in the previous year[6] - The cash flow from operating activities showed a net increase to CNY 46,201,250.20, compared to a negative CNY 53,750,458.75 in the previous year[14] - The net cash flow from operating activities for the first three quarters of 2019 was approximately CNY 46.20 million, a recovery from a negative cash flow of CNY 53.75 million in the same period of 2018[36] - The company experienced a net cash outflow from investing activities of approximately CNY 87.65 million in the first three quarters of 2019, an improvement from a net outflow of CNY 140.76 million in the same period of 2018[37] - Total cash inflow from operating activities decreased to ¥129,773,939.07 in 2019 from ¥275,233,084.05 in 2018, representing a decline of approximately 53%[38] Assets and Liabilities - Total assets increased by 6.35% year-on-year to CNY 1,410,657,916.51[6] - Current liabilities rose to CNY 466,043,148.53, compared to CNY 420,159,140.15, indicating an increase of approximately 10.9%[21] - Total liabilities reached CNY 583,926,569.76, up from CNY 516,816,811.49, marking a growth of around 12.9%[21] - Shareholders' equity totaled CNY 826,731,346.75, an increase from CNY 809,635,331.57, reflecting a growth of about 2.8%[21] - The company reported a total liability of ¥105,649,754.83, with current liabilities at ¥104,305,608.70 and non-current liabilities at ¥1,344,146.13[48] Shareholder Information - The total number of shareholders reached 16,933 by the end of the reporting period[8] - Major shareholders include Zhou Xiaonan and Zhou Xiaodong, holding 28.87% and 28.30% of shares respectively, both of which are pledged[8] Investments and Acquisitions - The company completed the acquisition of a 51% stake in SanDe Application Materials (Shenzhen) Co., Ltd. for CNY 21 million[15] - The company reported a significant increase in long-term equity investments to CNY 501,712,780.57 from CNY 373,671,938.55, representing a growth of approximately 34.3%[24] Financial Expenses - Financial expenses increased by 43.67% to CNY 10,562,386.24 due to increased bank borrowings[13] - The company’s financial expenses included interest expenses of approximately CNY 843.45 million in Q3 2019, down from CNY 1.07 million in Q3 2018[32] Research and Development - Research and development expenses for Q3 2019 amounted to ¥8,080,595.50, an increase of 55.4% from ¥5,209,641.31 in Q3 2018[26] - Research and development expenses for the first three quarters of 2019 amounted to approximately CNY 5.10 million, down from CNY 10.25 million in the same period of 2018[32] Other Financial Metrics - The weighted average return on equity fell by 1.95 percentage points to 0.39%[6] - Non-recurring gains and losses totaled CNY 2,602,086.45 for the third quarter[7] - The company reported a total comprehensive income of ¥476,188.47 for Q3 2019, down from ¥1,219,640.73 in Q3 2018[28]