深科技(000021) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥122,800,533.25, a decrease of 54.36% year-on-year[7]. - Operating revenue for the period was ¥3,619,590,192.51, down 16.72% compared to the same period last year[7]. - Basic earnings per share were ¥0.0835, a decrease of 54.35% compared to the same period last year[7]. - The weighted average return on net assets was 1.93%, down 2.55% year-on-year[7]. - The company reported a net profit excluding non-recurring gains and losses of ¥78,299,035.77, a significant increase compared to the previous year's loss[7]. - Total operating revenue for Q3 2019 was CNY 3,619,590,192.51, a decrease of 16.7% from CNY 4,346,119,773.92 in the same period last year[55]. - Net profit for Q3 2019 was CNY 157,887,719.60, representing a decline of 43.3% compared to CNY 278,526,318.19 in Q3 2018[56]. - The company reported a total comprehensive income of CNY 196,299,418.42 for Q3 2019, down from CNY 315,798,104.32 in the previous year[56]. - The company reported a net loss of CNY 50,696,151.64 for the parent company in Q3 2019, compared to a loss of CNY 28,400,832.82 in the same period last year[59]. - The company's net profit for Q3 2019 was CNY 340,927,844.05, a decrease of 25.6% compared to CNY 457,723,074.49 in the same period last year[62]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥17,022,948,393.88, an increase of 9.55% compared to the previous year[7]. - Total liabilities rose to CNY 10,402,349,449.28, compared to CNY 9,152,714,857.01 at the end of 2018, marking an increase of about 13.6%[49]. - The company's total equity reached CNY 6,620,598,944.60, up from CNY 6,386,664,082.57, reflecting a growth of approximately 3.7%[50]. - Total current assets reached ¥11,339,041,509.00, an increase from ¥10,085,960,507.02, reflecting a growth of about 12.4%[47]. - The total non-current assets amounted to CNY 5,559,493,185.22, compared to CNY 5,410,077,161.59 at the end of 2018, showing an increase of approximately 2.8%[53]. - Total owner's equity reached ¥4,874,851,295.03 as of Q3 2019[81]. - Total liabilities and owner's equity amounted to ¥7,902,440,937.23[81]. Cash Flow - The net cash flow from operating activities was negative at -¥1,025,256,447.60, representing a decline of 262.95% year-on-year[7]. - Total cash inflow from operating activities was 9,876,159,082.86, down from 11,235,629,118.90, reflecting a decrease of approximately 12.1%[68]. - Cash outflow from operating activities totaled 10,901,415,530.46, slightly increased from 10,606,445,056.74, resulting in a net cash outflow[69]. - The net cash flow from financing activities was 1,022,384,366.07, a substantial increase from 49,054,504.48, indicating improved financing conditions[69]. - The total cash and cash equivalents at the end of the period were 1,315,547,303.69, down from 1,926,289,662.98, reflecting a decrease of approximately 31.7%[69]. Investments and Expenses - Research and development expenses increased by 256.25% year-on-year, reflecting a significant rise in R&D investment[15]. - R&D expenses increased significantly to CNY 93,034,203.40 in Q3 2019, compared to CNY 30,128,018.36 in Q3 2018, reflecting a growth of 208.5%[55]. - The company reported a significant increase in sales expenses, which rose to CNY 48,761,478.18 from CNY 34,896,003.84, indicating higher marketing efforts[62]. - The company’s income tax expenses decreased by 35.64% year-on-year, mainly due to a reduction in the tax provision[16]. Shareholder Information - The total number of shareholders at the end of the reporting period was 121,741[10]. - The largest shareholder, China Electronics Corporation, held 43.51% of the shares, totaling 640,127,851 shares[10]. - The company did not engage in any repurchase transactions during the reporting period[12]. Financial Management and Risk - The company has maintained a strong risk management framework, as confirmed by an external audit report, indicating no significant deficiencies in its financial operations[31]. - The company has established strict internal evaluations and monitoring mechanisms for its derivative investment operations[46]. - The company aims to mitigate exchange rate and interest rate risks through its derivative business, which complies with relevant laws and regulations[46]. Corporate Developments - The company established a wholly-owned subsidiary in the Netherlands to expand into the European market, with an initial registered capital of 100,000 euros[22]. - The company has invested approximately 1.82 billion RMB in the "Deep Technology City" project, with a cumulative investment of 7.05 billion RMB as of the report date[20]. - The company is constructing a research and manufacturing base for metering system products, with a total investment of approximately 351 million RMB[24].