美达股份(000782) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was -¥38,940,205.34, a decrease of 378.07% year-on-year[7]. - Operating revenue for the period was ¥737,156,714.18, down 31.97% compared to the same period last year[7]. - Basic earnings per share were -¥0.07, reflecting a decline of 333.33% year-on-year[7]. - The net profit for Q3 2019 was a loss of CNY 39,730,649.97, compared to a profit of CNY 14,530,042.08 in Q3 2018[41]. - The total comprehensive income for the year-to-date period was a loss of ¥40,512,049.95, compared to a gain of ¥43,463,943.41 in the previous year[50]. - The net profit for the third quarter of 2019 was -21,297,851.38 CNY, compared to a net profit of 29,362,111.34 CNY in the same period last year, representing a significant decline[53]. - The company reported a total profit of -22,409,202.65 CNY for the quarter, a stark contrast to the profit of 32,936,541.18 CNY in the same quarter last year[53]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥162,717,909.44, a decrease of 64.14%[7]. - Cash and cash equivalents increased by 95.30% to ¥727,033,105.82 due to increased bank acceptance bills and discounts[15]. - Cash inflow from financing activities was CNY 155 million, compared to CNY 460.4 million in Q3 2018, leading to a net cash outflow of CNY 67.88 million[62]. - The cash flow from operating activities generated a net amount of 162,717,909.44 CNY, down from 453,818,867.69 CNY in the same period last year, reflecting reduced cash generation capabilities[58]. - The net increase in cash and cash equivalents for Q3 2019 was CNY 18.74 million, a significant decline from CNY 185.68 million in Q3 2018[62]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,068,442,049.36, an increase of 6.05% compared to the end of the previous year[7]. - The company's total liabilities reached CNY 1,640,275,250.97, compared to CNY 1,414,205,691.42, reflecting a growth of approximately 16%[32][33]. - Total current liabilities rose to CNY 1,319,282,253.77, up from CNY 1,092,505,694.22, indicating an increase of about 20.7%[32][33]. - The company's total assets decreased to CNY 2,625,870,302.78 from CNY 2,812,041,669.33 in the previous year, reflecting a decline of 6.6%[38]. - Total current assets amounted to approximately CNY 1.50 billion as of Q3 2019[69]. Shareholder Information - The total number of shareholders at the end of the reporting period was 38,154[11]. - The largest shareholder, Qingdao Changsheng Ridian New Energy Holdings Co., Ltd., held 29.33% of the shares[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. Investment and Expenses - Investment income surged by 1,790.02% to ¥16,047,060.00 from dividends and entrusted loan income[15]. - Research and development expenses for the year-to-date period increased to ¥4,112,011.84, compared to ¥3,972,350.18 in the previous year, reflecting a focus on innovation[49]. - The company incurred financial expenses of 18,222,336.34 CNY, up from 15,002,661.79 CNY in the previous year, highlighting increased borrowing costs[53]. Other Financial Metrics - The weighted average return on net assets was -2.76%, down from -2.60% at the beginning of the year[7]. - The company reported non-recurring gains and losses totaling ¥9,134,869.56 for the year-to-date[8]. - The company experienced an asset impairment loss of ¥7,401,829.80 for the year-to-date period, compared to a loss of ¥4,596,514.99 in the previous year, highlighting challenges in asset valuation[49].