东方电子(000682) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 928,321,276.68, an increase of 22.31% year-on-year[8] - Net profit attributable to shareholders was CNY 75,788,502.44, a decrease of 1.76% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 63,717,229.60, down 10.77% year-on-year[8] - The net cash flow from operating activities was CNY -109,996,293.93, an increase of 26.02% compared to the previous year[8] - The weighted average return on net assets was 2.24%, a decrease of 0.20 percentage points compared to the previous year[8] - The net profit for the third quarter was 83,390,186.58, an increase from 80,963,843.62 in the previous year, representing a growth of approximately 5.2%[58] - Revenue for the current period reached 421,782,149.37, compared to 292,779,183.02 in the same period last year, indicating a significant increase of about 43.9%[59] - Net profit for the current period was ¥203,061,648.33, representing an increase of 5.9% compared to ¥191,631,228.50 in the previous period[68] - The company reported a total comprehensive income of ¥203,471,684.55, compared to ¥190,638,108.57 in the previous period, indicating a growth of 6.4%[71] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,205,118,120.60, a decrease of 0.89% compared to the end of the previous year[8] - The company's total assets amounted to ¥4,649,606,984.71, a slight decrease from ¥4,693,221,319.63 at the end of the previous year[49] - The total liabilities decreased to ¥1,262,786,703.44 from ¥1,358,529,582.76, reflecting a reduction of approximately 7.0%[52] - The equity attributable to the parent company increased to ¥3,386,820,281.27, up from ¥3,334,691,736.87, indicating a growth of about 1.6%[52] - The total liabilities and equity amounted to ¥6,205,118,120.60, down from ¥6,261,135,017.88, reflecting a decrease of approximately 0.9%[47] - The company's retained earnings rose to ¥315,598,738.42 from ¥264,805,194.45, an increase of about 19.2%[52] - The total current liabilities were CNY 1,349,051,756.90, while total liabilities amounted to CNY 1,358,529,582.76[96] Cash Flow - The net cash flow from investing activities decreased by ¥257,226,836.35, a reduction of 335.97%, mainly due to net increases in bank financial investments[24] - Net cash flow from financing activities decreased by ¥78,365,141.09, a reduction of 673.01%, mainly due to cash dividends distributed[24] - Cash inflows from operating activities totaled approximately 2.70 billion, compared to 2.29 billion in the previous period, marking an increase of about 18%[78] - Cash outflows from operating activities were approximately 2.95 billion, compared to 2.56 billion in the previous period, resulting in a net cash flow from operating activities of approximately -252.02 million[78] - The net cash flow from investment activities was approximately -180.66 million, compared to 76.56 million in the previous period, indicating a decline[80] - The net cash flow from financing activities was approximately -66.72 million, compared to a positive 11.64 million in the previous period, showing a decrease[80] Shareholder Information - The company reported a total of 108,517 common shareholders at the end of the reporting period[12] - The largest shareholder, Dongfang Electronics Group Co., Ltd., held 27.58% of the shares[12] Expenses and Income - Financial expenses increased by ¥17,906,165.60, an increase of 47.31%, mainly due to increased exchange losses[23] - Other income increased by ¥29,949,583.31, an increase of 63.47%, mainly due to increased technology subsidies and software tax rebates[23] - Investment income increased by ¥3,931,482.99, an increase of 45.15%, mainly due to increased investment income from joint ventures and financial products[24] - Research and development expenses increased to 24,715,515.57 from 17,991,501.52, marking a rise of about 37.6%[61] - Tax expenses for the current period were ¥21,989,531.42, an increase of 6.5% from ¥20,639,695.87 in the previous period[68] Changes in Financial Position - Development expenditure at the end of the period decreased by ¥12,522,791.36, a reduction of 58.06%, mainly due to the transfer of R&D expenses to intangible assets and period expenses[23] - The balance of notes payable at the end of the period decreased by ¥92,428,446.00, a reduction of 49.04%, primarily due to the maturity of certain notes payable[23] - The balance of contract liabilities at the end of the period increased by ¥963,824,261.97, while the balance of advance receipts decreased by ¥899,964,596.60, mainly due to the implementation of new revenue standards[23] - Employee compensation payable at the end of the period decreased by ¥125,385,598.07, a reduction of 53.71%, mainly due to the payment of last year's performance bonuses[23] - Tax payable at the end of the period decreased by ¥24,531,320.90, a reduction of 40.10%, mainly due to the payment of taxes at the beginning of the period[23] Accounting Standards - The company has implemented new accounting standards for revenue and leases, affecting prior comparative data[101]