保利联合(002037) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 29.92% year-on-year to CNY 1.05 billion, and year-to-date revenue decreased by 19.64% to CNY 3.35 billion[8]. - Net profit attributable to shareholders decreased by 82.98% to CNY 13.76 million, with a year-to-date decrease of 49.16% to CNY 81.47 million[8]. - Basic earnings per share dropped by 82.35% to CNY 0.03, with diluted earnings per share also at CNY 0.03[8]. - The total profit decreased by 34.87% year-on-year, attributed to lower sales volume and prices of civil explosives[17]. - Net profit for the quarter was CNY 23,164,250.33, a decline of 70% from CNY 78,608,313.83 year-over-year[38]. - The company's total operating revenue for the current period is CNY 90,104,747.15, an increase of 21.5% compared to CNY 74,186,500.79 in the previous period[41]. - The net profit for the current period is a loss of CNY 10,401,285.55, an improvement from a loss of CNY 15,567,322.40 in the previous period[41]. - The total comprehensive income attributable to the parent company is CNY 13,761,625.15, down from CNY 80,854,287.74 in the previous period[39]. - The basic and diluted earnings per share for the current period are both CNY 0.03, compared to CNY 0.17 in the previous period[39]. - The total comprehensive income for the current period is CNY 108,894,786.32, compared to CNY 172,663,677.80 in the previous period[50]. Assets and Liabilities - Total assets increased by 7.40% to CNY 11.86 billion compared to the end of the previous year[8]. - Total assets as of September 30, 2019, were CNY 11,864,166,412.80, compared to CNY 11,047,064,730.50 at the end of 2018[30]. - Total liabilities as of September 30, 2019, were CNY 7,740,771,867.29, an increase from CNY 7,425,868,054.30 at the end of 2018[30]. - The company's total equity increased to CNY 4,123,394,545.51 as of September 30, 2019, compared to CNY 3,621,196,676.20 at the end of 2018[30]. - The total liabilities increased to CNY 1,531,559,267.55 from CNY 1,195,898,367.28, reflecting higher short-term borrowings[34]. - Total liabilities amounted to CNY 7,425,868,054.30, with current liabilities at CNY 5,976,280,299.02 and non-current liabilities at CNY 1,449,587,755.28[64]. - The total equity attributable to shareholders reached CNY 3,272,724,869.73, contributing to a total equity of CNY 3,621,196,676.20[64]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 153.70 million, an increase of 64.84% in outflow compared to the previous year[8]. - The net cash flow from operating activities increased by CNY 40,384,000, a growth of 57.92% compared to the same period last year, mainly due to a decrease in engineering guarantee deposits from the subsidiary[18]. - The net cash flow from investing activities increased by CNY 8,387,000, a growth of 998.51% year-on-year, primarily due to the addition of a new subsidiary and the recovery of loans from a subsidiary[18]. - The net cash flow from financing activities decreased by CNY 32,239,000, a reduction of 83.28% compared to the previous year, mainly due to an increase in bank loan repayments during the reporting period[18]. - The cash flow from operating activities shows a net outflow of CNY 293,432,903.30, an improvement from a net outflow of CNY 697,274,249.71 in the previous period[54]. - The company reported a net cash flow from investment activities of -250,417,557.63 RMB, a significant decrease from 578,212,365.86 RMB in the previous period[58]. - Cash inflow from financing activities was 656,000,000.00 RMB, compared to 426,000,000.00 RMB in the prior period, reflecting a 54% increase[59]. Research and Development - Research and development expenses increased by 665.25% year-on-year to CNY 13.99 million, primarily due to investments in new projects[17]. - The company plans to enhance its research and development efforts, with R&D expenses reported at CNY 3,666,284.56, compared to a negative expense of CNY 270,370.25 in the previous year[37]. - The company's R&D expenses for the current period are CNY 16,097,764.60, significantly higher than CNY 2,103,608.55 in the previous period[44]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,285[12]. - The top shareholder, Poly Jiulian Holdings Group, holds 29.76% of the shares, totaling 145,105,699 shares[12]. Inventory and Receivables - Accounts receivable increased to CNY 5,662,479,096.50 as of September 30, 2019, compared to CNY 5,100,486,265.14 at the end of 2018[27]. - The company reported a decrease in accounts receivable to CNY 442,642,256.04 from CNY 365,078,098.00, suggesting better collection efforts[32]. - Inventory levels rose to CNY 48,248,152.82 from CNY 34,330,815.59, indicating potential overstocking issues[32]. - The company holds accounts receivable of CNY 365,078,098.00 and other receivables amounting to CNY 440,502,525.58[66]. - The company’s total inventory is valued at CNY 34,330,815.59[66].