QuantumCTek(SH:688027)2020-10-30 16:00Financial Performance - Operating income for the period was ¥26,267,214.92, down 11.25% from ¥29,595,944.58 in the same period last year[18]. - The net profit attributable to shareholders of the listed company improved to -¥22,681,941.35, a 30.00% reduction in losses compared to -¥32,405,035.12 last year[18]. - Total operating revenue for Q3 2020 was CNY 10,206,047.56, a 79.5% increase from CNY 5,687,639.22 in Q3 2019[56]. - Net profit for Q3 2020 was CNY -9,539,462.85, compared to CNY -9,212,919.60 in Q3 2019, indicating a slight increase in losses[60]. - Total operating revenue for Q3 2020 was ¥5,983,932.21, a decrease of 26.5% compared to ¥8,190,028.05 in Q3 2019[66]. - Net profit for Q3 2020 was a loss of ¥6,355,513.07, compared to a profit of ¥9,647,006.54 in Q3 2019, representing a significant decline[66]. - The total profit for Q3 2020 was -¥7,460,397.62, compared to a profit of ¥11,356,788.97 in Q3 2019, indicating a substantial decline in profitability[66]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,828,411,432.09, an increase of 46.76% compared to the end of the previous year[18]. - The company's total current assets increased to ¥1,431,871,506.09 from ¥858,776,860.18, indicating significant growth in liquidity[41]. - The company's total liabilities decreased to ¥201,789,101.06 from ¥252,123,678.02, a reduction of about 20%[47]. - Total liabilities reached ¥252,123,678.02, with current liabilities totaling ¥76,412,756.64 and non-current liabilities at ¥175,710,921.38[82]. - The company's long-term equity investments rose to ¥33,710,936.00 from ¥31,577,733.34, showing a positive trend in investment activities[41]. - The company's total liabilities decreased by 60.96% in estimated liabilities to ¥1,540,467.95, resulting from a reduction in after-sales expenses[31]. Shareholders' Equity - Net assets attributable to shareholders of the listed company were ¥1,618,862,358.58, reflecting a growth of 64.25% year-on-year[18]. - Shareholders' equity increased to ¥1,626,622,331.03 from ¥993,708,839.39, representing a growth of approximately 63.7%[47]. - The total number of shareholders at the end of the reporting period was 14,308[25]. - The top shareholder, Zhongke Dazhi Asset Management Co., Ltd., held 10,800,000 shares, accounting for 13.5% of the total shares[25]. Cash Flow - The net cash flow from operating activities was -¥57,987,987.97, a significant decrease of 183.90% compared to ¥69,116,738.46 in the previous year[18]. - Cash inflow from investment activities totaled 171,812,138.82 RMB, up from 102,080,972.22 RMB in the previous period[74]. - Cash inflow from financing activities amounted to 684,656,000.00 RMB, with a net cash flow of 659,418,160.00 RMB after outflows[76]. - The total cash and cash equivalents at the end of the period reached 800,753,490.01 RMB, compared to 393,000,671.03 RMB at the end of the previous period[76]. - Cash received from sales of goods and services was 55,468,163.70 RMB, down from 219,310,011.14 RMB in the previous period[72]. Research and Development - The R&D expenditure accounted for 179.81% of operating income, a decrease of 26.54 percentage points from the previous year[20]. - The company's research and development expenses decreased by 35.91% to ¥34,947,430.18, reflecting a reduction in personnel costs and material expenses[34]. - Research and development expenses for Q3 2020 were CNY 13,874,941.59, down 25.7% from CNY 18,689,805.04 in Q3 2019[60]. - Research and development expenses for Q3 2020 were ¥5,776,552.60, a decrease of 19.1% from ¥7,143,658.77 in Q3 2019[66]. Financial Ratios - The weighted average return on net assets increased by 1.65 percentage points to -2.03%[20]. - The company's total liabilities to total assets ratio stands at approximately 20.24%[82].