柯利达(603828) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 41.00% to CNY 39,273,201.99 for the first nine months of the year[6] - Net profit after deducting non-recurring gains and losses decreased by 60.90% to CNY 24,742,200.00[6] - Net profit decreased by 45.15% compared to the same period last year, mainly due to a decrease in total profit during the reporting period[15] - Operating profit decreased by 46.97% compared to the same period last year, primarily due to an increase in bad debt provisions during the reporting period[15] - Total operating revenue for Q3 2019 was ¥530,742,310.29, a decrease of 12.2% compared to ¥604,495,707.77 in Q3 2018[27] - Net profit for the first three quarters of 2019 was ¥46,439,389.13, compared to ¥65,998,596.93 in the same period of 2018, reflecting a decline of 29.7%[27] - The total profit for Q3 2019 was 15,337,116.81, down from 32,119,850.70 in Q3 2018, representing a decline of approximately 52.2%[29] - The total profit for the first three quarters of 2019 reached approximately ¥42.64 million, down from ¥54.18 million in the same period of 2018, indicating a decline of 21.4%[32] Revenue and Costs - Operating revenue increased by 1.10% to CNY 1,381,794,636.60 for the first nine months of the year[6] - Total operating costs for Q3 2019 were ¥492,867,022.76, down 13.6% from ¥570,492,274.94 in Q3 2018[27] - The company's operating revenue for Q3 2019 was approximately ¥412.23 million, a decrease of 2.93% compared to ¥424.47 million in Q3 2018[31] Cash Flow and Liquidity - Net cash flow from operating activities was negative at CNY -343,942,737.49, compared to CNY -132,006,290.52 in the same period last year[6] - The net cash flow from operating activities decreased by 160.55% compared to the same period last year, primarily due to increased payments for employee salaries[15] - Cash flow from operating activities for the first nine months of 2019 was -239,244,561.41 RMB, compared to -55,057,701.97 RMB in the first nine months of 2018, highlighting worsening operational performance[38] - Cash and cash equivalents decreased significantly to ¥73,509,134.89 from ¥298,620,318.96 at the end of 2018, a decline of 75.5%[22] - Cash and cash equivalents at the end of Q3 2019 were 107,886,879.09 RMB, down from 332,953,658.03 RMB at the end of Q3 2018, indicating a liquidity squeeze[37] Assets and Liabilities - Total assets decreased by 8.26% to CNY 3,661,971,029.08 compared to the end of the previous year[6] - Total assets as of September 30, 2019, amounted to ¥3,130,145,217.74, down from ¥3,342,567,753.19 at the end of 2018[24] - Total liabilities decreased to ¥2,095,423,415.57 from ¥2,346,067,989.46 at the end of 2018, indicating a reduction of 10.7%[24] - Current liabilities totaled CNY 2,593,374,846.70, remaining unchanged from the previous period[43] - Non-current liabilities were CNY 263,691,260.46, also unchanged from the previous period[43] Shareholder Information - The total number of shareholders was 13,751 at the end of the reporting period[11] - The largest shareholder, Suzhou Keli Da Group Co., Ltd., holds 37.93% of the shares, with 209,898,000 shares pledged[11] - Shareholders' equity increased to ¥1,034,721,802.17 as of September 30, 2019, compared to ¥996,499,763.73 at the end of 2018, showing a growth of 3.8%[24] Government Support and Subsidies - The company received government subsidies amounting to CNY 840,743.15 during the reporting period[8] Research and Development - Research and development expenses for Q3 2019 were 14,441,706.38, compared to 19,929,538.86 in Q3 2018, reflecting a reduction of approximately 27.5%[28] - Research and development expenses for the first three quarters of 2019 were approximately ¥34.47 million, slightly up from ¥34.09 million in the same period of 2018[31] Financial Standards and Adjustments - The company executed a new financial instrument standard on January 1, 2019, impacting the classification and measurement of financial assets[48] - The impact of the new financial instrument standards resulted in an increase in retained earnings to ¥439,217,785.62 as of January 1, 2019, from ¥428,268,155.02[52] - The company reclassified certain financial assets under the new financial instrument standard, affecting the balance sheet presentation[48]