正虹科技(000702) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 320,115,670.92, a decline of 33.61% year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 1,246,970.72, representing a decrease of 107.02% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,653,507.52, down 49.62% year-on-year[7] - Basic and diluted earnings per share were both -CNY 0.0047, a decrease of 107.02% compared to the same period last year[7] - The weighted average return on net assets was -0.24%, down 3.84% from the previous year[7] - Total operating revenue for the third quarter was CNY 320,115,670.92, a decrease of 33.6% compared to CNY 482,143,226.16 in the same period last year[42] - Total operating costs amounted to CNY 314,122,883.99, down 33.2% from CNY 469,824,441.75 year-on-year[42] - Net profit for the period was CNY 203,061.64, a significant decline from CNY 18,440,266.02 in the previous year[43] - The company's total revenue from January to the end of the reporting period was CNY 948,509,824.61, a decrease of 9.4% from CNY 1,046,462,335.10 in the previous year[49] - The total operating costs for the same period were CNY 935,040,619.60, down from CNY 1,051,264,550.81, indicating a reduction of 11.1%[49] Assets and Liabilities - Total assets decreased by 8.93% to CNY 654,997,486.54 compared to the end of the previous year[7] - The company's current assets totaled CNY 266,695,632.25, down from CNY 328,135,629.94 at the end of 2018, indicating a decrease of about 18.7%[33] - Total liabilities decreased from CNY 196,576,705.29 to CNY 124,016,516.59, a reduction of approximately 36.9%[34][35] - The company's accounts payable decreased from CNY 72,553,133.48 to CNY 40,837,781.52, a decline of approximately 43.6%[34] - Total liabilities amounted to CNY 196,576,705.29, with current liabilities at CNY 182,232,785.72 and non-current liabilities at CNY 14,343,919.57[69] - Total assets reached CNY 719,210,100.22, with current assets at CNY 233,922,198.28 and non-current assets at CNY 536,060,913.02[72] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 43,319,733.94, an increase of 19.93%[7] - Net cash flow from operating activities increased by 19.93% to CNY 43,319,733.94[16] - Net cash flow from investing activities decreased by 198.96% to -CNY 37,975,451.97, primarily due to increased structured deposits[16] - Net cash flow from financing activities decreased by 281.9% to -CNY 21,709,593.07, mainly due to increased debt repayments compared to the previous year[16] - Operating cash inflow for the current period was CNY 494,089,575.49, a decrease of 33.4% compared to CNY 741,973,017.41 in the previous period[63] - Net cash flow from operating activities was CNY 31,176,318.99, down 71.3% from CNY 108,727,610.02 year-on-year[63] - Cash outflow from investment activities totaled CNY 70,475,422.90, compared to CNY 38,164,762.47 in the previous period, indicating increased investment activity[60] - Net cash flow from investment activities was -CNY 19,745,378.66, an improvement from -CNY 30,867,150.51 in the previous period[63] Shareholder Information - The company reported a total of 34,865 common shareholders at the end of the reporting period[11] - The largest shareholder, Yueyang Quyuan Agricultural Reclamation Co., Ltd., held 25.13% of the shares, with 67,017,616 shares frozen[11] - The company did not engage in any repurchase transactions during the reporting period[12] Research and Development - Research and development expenses decreased by 33.80% to CNY 4,383,761.43, mainly due to reduced feed trials caused by the pandemic[15] - The company incurred research and development expenses of CNY 1,255,066.54 in Q3 2019, down from CNY 2,221,779.89 in Q3 2018, a decrease of 43.5%[46] Investment Activities - Investment income increased by 972.66% to CNY 3,496,006.4, attributed to higher investment returns from joint ventures compared to the previous year[15] - The company reported an investment income of CNY 3,496,006.40, compared to a loss of CNY 400,614.65 in the previous year[51] - The company reported investment income of CNY 20,042,967.23, a significant recovery from a loss of CNY 1,267,061.79 in the previous period[55] Compliance and Governance - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[27] - There were no violations regarding external guarantees during the reporting period[26] - The company has established a futures trading management system to mitigate risks associated with price fluctuations in raw materials[24] - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[74]