东来技术(688129) - 2020 Q3 - 季度财报

Financial Performance - Revenue for the first nine months decreased by 16.33% to CNY 280,852,730.07 compared to the same period last year[6]. - Net profit attributable to shareholders declined by 8.04% to CNY 54,809,263.34 year-on-year[6]. - Basic earnings per share decreased by 7.58% to CNY 0.61[7]. - Operating revenue decreased by 16.33% to ¥280,852,730.07 from ¥335,668,426.06, mainly due to reduced sales volume impacted by the pandemic[14]. - Operating profit for Q3 2020 was approximately ¥28.60 million, an increase of 20.0% from ¥23.75 million in Q3 2019[29]. - The company's net profit attributable to shareholders for Q3 2020 was ¥23,708,048.07, compared to ¥19,843,397.85 in Q3 2019, representing an increase of approximately 9.4% year-over-year[30]. - Total revenue for Q3 2020 was ¥110,409,107.57, a decrease of 4.1% from ¥115,342,090.41 in Q3 2019[33]. - The total comprehensive income for Q3 2020 was ¥23,337,155.61, compared to ¥20,717,578.43 in Q3 2019, representing an increase of approximately 7.8%[35]. Assets and Liabilities - Total assets increased by 9.73% to CNY 439,576,241.53 compared to the end of the previous year[6]. - The total liabilities decreased to ¥80,339,014.32 from ¥98,201,447.74, indicating improved financial stability[22]. - Total current assets amounted to CNY 323,612,565.61 as of Q3 2020, reflecting a stable liquidity position[44]. - The company reported total liabilities of CNY 98,201,447.74, indicating a manageable debt level[45]. - Total assets amounted to $387,048,766.86, with non-current assets at $86,279,125.96[49]. - Current liabilities totaled $85,098,419.45, including accounts payable of $46,289,300.36 and contract liabilities of $17,472,909.53[49]. Cash Flow - Operating cash flow increased significantly by 284.86% to CNY 52,736,098.32 for the first nine months[6]. - Net cash flow from operating activities for the first three quarters of 2020 was ¥52,736,098.32, significantly higher than ¥13,702,820.83 in the same period of 2019, indicating a year-over-year increase of 284.5%[38]. - Cash inflow from operating activities totaled ¥336,685,593.74 in the first three quarters of 2020, down from ¥373,749,052.70 in 2019, a decrease of about 9.9%[38]. - Cash outflow from operating activities was ¥283,949,495.42 for the first three quarters of 2020, compared to ¥360,046,231.87 in 2019, showing a reduction of approximately 21.1%[38]. - The ending cash and cash equivalents balance as of the end of Q3 2020 was ¥168,404,697.41, up from ¥12,022,763.85 at the end of Q3 2019, representing a substantial increase of 1,400.0%[39]. Shareholder Information - Net assets attributable to shareholders rose by 18.79% to CNY 359,237,227.21 year-on-year[6]. - The total number of shareholders at the end of the reporting period was 8[10]. - The largest shareholder, Shanghai Donglai Technology Co., Ltd., holds 59.28% of the shares[11]. - The total equity attributable to shareholders reached CNY 302,402,295.76, showcasing strong shareholder value[45]. Research and Development - R&D expenditure as a percentage of revenue increased by 0.55 percentage points to 5.47%[7]. - Research and development expenses for the first three quarters of 2020 were approximately ¥15.37 million, a decrease of 7.0% from ¥16.53 million in the same period of 2019[29]. - Research and development expenses for Q3 2020 amounted to ¥4,515,484.88, while for the first three quarters of 2020, it totaled ¥15,371,234.74, showing a significant investment in innovation[33]. Other Financial Metrics - The company reported a net profit from non-operating activities of CNY 5,526,180.82 for the first nine months[9]. - Other income increased by 33.61% to ¥8,202,429.67 from ¥6,139,116.54, mainly due to government subsidies received[14]. - Financial expenses showed a significant decrease of 1,554.82% to -¥406,413.78 from ¥27,935.73, primarily due to increased interest income[14]. - The company reported a decrease in cash paid for goods and services, which was ¥155,492,292.30 in Q3 2020, down from ¥196,436,757.94 in Q3 2019, a decline of approximately 20.9%[38].