常青股份(603768) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 5.27% to CNY 1,338,767,368.63 for the first nine months of the year[6] - Net profit attributable to shareholders decreased by 54.13% to CNY 32,161,131.17 compared to the same period last year[6] - Basic and diluted earnings per share decreased by 52.94% to CNY 0.16[7] - The weighted average return on equity decreased by 2.29 percentage points to 1.88%[7] - Total revenue for the quarter was ¥1,338,767,368.63, a decrease of 5.27% compared to ¥1,413,233,685.73 in the same period last year[14] - Operating costs decreased by 5.34% to ¥1,085,554,784.66 from ¥1,146,845,789.75[14] - Net profit for the first three quarters of 2019 was CNY 49,667,679.42, compared to CNY 90,844,093.00 in the same period of 2018, indicating a decline of 45.5%[25] - Total operating revenue for Q3 2019 was ¥158,645,799.59, a decrease of 33.2% compared to ¥237,196,938.28 in Q3 2018[30] - Operating profit for Q3 2019 was -¥20,473,298.14, compared to a profit of ¥17,381,419.50 in Q3 2018, indicating a significant decline[30] - Net profit for Q3 2019 was -¥20,037,213.00, while in Q3 2018, the net profit was ¥13,685,572.28, reflecting a year-over-year decrease of 246.5%[27] Cash Flow - Net cash flow from operating activities was negative at CNY -185,753,328.57, a significant decline from CNY -2,277,972.33 in the previous year[6] - The company's operating cash flow for the first nine months of 2019 was negative at ¥185,753,328.57, compared to a negative cash flow of ¥2,277,972.33 in the same period of 2018[34] - In Q3 2019, the company reported a net cash flow from operating activities of -109,368,573.62 RMB, a significant decline compared to 19,071,813.67 RMB in Q3 2018[38] - Cash flow from financing activities showed a net inflow of 120,860,262.45 RMB, an increase from 69,085,333.17 RMB in Q3 2018[38] Assets and Liabilities - Total assets increased by 14.64% to CNY 3,352,267,048.89 compared to the end of the previous year[6] - Cash and cash equivalents decreased by 62.66% to ¥217,263,452 from ¥581,836,386[13] - Accounts receivable increased by 101.11% to ¥170,675,000 from ¥84,866,945 due to increased settlement with notes receivable[13] - The company’s total liabilities rose to ¥1,647,872,337.01 from ¥1,227,372,180.74, indicating increased financial leverage[20] - Current assets increased to CNY 1,799,219,110.54 as of September 30, 2019, up from CNY 1,549,640,933.53 at the end of 2018, representing a growth of 16.1%[22] - Short-term borrowings rose to CNY 680,400,000.00, up 28.7% from CNY 528,900,000.00 in 2018[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,997[10] - The top three shareholders held a combined 61.88% of the shares, with the largest shareholder holding 31.86%[10] Research and Development - Research and development expenses decreased by 8.60% to ¥38,651,056.03 from ¥42,287,414.70[14] - Research and development expenses for Q3 2019 were CNY 13,721,766.38, a decrease of 3.3% compared to CNY 14,184,020.29 in Q3 2018[25] - Research and development expenses for Q3 2019 were ¥9,367,889.77, down from ¥11,288,318.31 in Q3 2018, indicating a reduction of approximately 17%[31] Other Income and Expenses - The company reported non-recurring gains of CNY 10,157,200.33 for the first nine months, primarily from government subsidies[8] - The company incurred financial expenses of ¥6,909,120.74 in Q3 2019, which is an increase of approximately 84% compared to ¥3,745,192.94 in Q3 2018[31] - The company recorded other income of ¥3,929,794.60 in Q3 2019, compared to ¥1,246,109.04 in Q3 2018, showing an increase of 215.5%[30] - The company recorded other income of ¥1,778,267.96 in Q3 2019, which is an increase from ¥846,799.59 in Q3 2018, representing a growth of approximately 110%[31]