学大教育(000526) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 639,034,721.18, down 14.04% year-on-year, and year-to-date revenue decreased by 20.46% to CNY 1,935,434,041.60[7]. - Net profit attributable to shareholders of the listed company was a loss of CNY 13,445,405.37, a decline of 55.51% compared to the same period last year[7]. - Basic earnings per share were CNY -0.1398, a decrease of 55.51% year-on-year[7]. - The weighted average return on net assets was -15.43%, down 29.50% from the previous year[7]. - Total operating revenue for Q3 2020 was CNY 639,034,721.18, a decrease from CNY 743,385,219.66 in the same period last year[46]. - Net loss for Q3 2020 was CNY 13,965,138.84, compared to a net loss of CNY 30,699,328.89 in Q3 2019[48]. - Total revenue for the period was CNY 1,935,434,041.60, a decrease of 20.5% compared to CNY 2,433,337,828.74 in the previous period[54]. - Net profit for the period was CNY 29,751,703.81, a decline of 52.1% from CNY 62,176,565.82 in the same period last year[56]. - Total comprehensive income for the period was CNY -33,526,933.96, compared to CNY -31,437,962.82 in the previous period[53]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,552,379,778.36, a decrease of 1.22% compared to the end of the previous year[7]. - The company's total liabilities decreased to CNY 3,430,189,048.02 from CNY 3,505,248,520.76, reflecting a reduction of approximately 2.1%[40]. - The company's total equity was reported at -CNY 414,162,010.27, a decline from -CNY 318,307,702.26 at the end of 2019[44]. - The company's long-term equity investments increased to CNY 33,811,335.46 from CNY 29,318,006.48, marking an increase of about 15.0%[39]. - The company's total current assets decreased to ¥1,357,852,863.13 from ¥1,457,024,990.23, a decrease of approximately 6.8%[38]. - The company's total non-current assets increased to ¥2,194,526,915.23 from ¥2,139,269,664.57, an increase of about 2.6%[39]. Cash Flow - Net cash flow from operating activities was CNY 203,066,200.68, a decrease of 39.81% compared to the same period last year[7]. - Cash flow from operating activities generated a net amount of CNY 316,703,810.43, down from CNY 388,795,199.61 in the previous period[64]. - The net cash flow from investment activities was 146,307,368.84 CNY, a significant improvement compared to the previous period's negative cash flow of -536,432,072.64 CNY[65]. - The total cash inflow from operating activities was CNY 2,070,547,784.38, compared to CNY 2,717,217,205.98 in the previous period[64]. - The total cash and cash equivalents at the end of the period reached 1,054,385,431.02 CNY, up from 791,529,847.91 CNY at the end of the previous year[65]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,351[11]. - The top shareholder, Tibet Ziguang Zhuoyuan Equity Investment Co., Ltd., held 15.59% of the shares, totaling 15,000,000 shares[11]. Government Support and Subsidies - The company received government subsidies amounting to CNY 69,986,648.40 during the reporting period[8]. - Other income increased by 2893.59% to ¥69,986,648.40, primarily due to VAT exemptions and reductions[16]. Future Plans and Offerings - The company plans to raise up to ¥288,585,320 through a non-public offering of A-shares to fund various educational projects and repay loans[19]. - The non-public offering will involve up to 28,858,532 shares, representing no more than 30% of the company's total share capital prior to the issuance[19]. - The actual controller of the company will change to Jin Xin after the completion of the non-public offering, marking a shift from no controlling shareholder to having one[20]. Management and Governance - There were no overdue commitments from actual controllers, shareholders, related parties, acquirers, or other related parties during the reporting period[23]. - The company has not forecasted any significant changes in net profit compared to the same period last year[26]. - The company has not indicated any future performance guidance or outlook in the reporting period[26]. - The company has not reported any non-operating fund occupation by controlling shareholders during the reporting period[31]. Research and Development - The company reported a significant increase in research and development expenses to CNY 11,699,671.63 from a negative CNY 2,416,974.40 in the previous year[47]. - Research and development expenses increased to CNY 34,231,774.90, up from CNY 27,909,228.83, representing a growth of 22.5%[54]. Miscellaneous - The company has not disclosed any major or low-security, illiquid, or non-principal-protected high-risk wealth management situations[27]. - The company has not implemented any share repurchase plans during the reporting period[27]. - The third-quarter report was not audited, indicating that the figures presented are preliminary[70].