青岛金王(002094) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was -¥11,430,028.54, representing a decline of 163.57% year-on-year[7]. - Operating revenue for the reporting period was ¥1,162,685,876.91, down 20.03% compared to the same period last year[7]. - Basic earnings per share were -¥0.020, reflecting a decline of 200.00% compared to the same period last year[7]. - The weighted average return on net assets was -1.54%, a decrease of 450.00% year-on-year[7]. - For the first nine months of 2020, net profit decreased by 131.18% compared to the same period in 2019, mainly due to investment income from the disposal of subsidiaries in the previous year[18]. - The net profit for Q3 2020 was a loss of CNY 36,759,979.16, compared to a profit of CNY 22,569,796.91 in the previous year[43]. - The net profit for Q3 2020 reached ¥34,481,933.84, representing a significant increase of 65.9% from ¥20,790,412.10 in Q3 2019[45]. - The total profit for Q3 2020 was ¥39,221,269.05, an increase of 69.6% compared to ¥23,133,107.00 in Q3 2019[45]. - The company reported a total comprehensive income of CNY 28,487,460.05 for the quarter, compared to CNY 447,338,974.08 in the same quarter last year[54]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,314,093,485.79, a decrease of 4.26% compared to the end of the previous year[7]. - As of September 30, 2020, cash and cash equivalents decreased by 50.34% compared to December 31, 2019, primarily due to payments for goods[15]. - The company's current assets decreased to CNY 3,979,493,049.30 from CNY 4,184,595,106.80, representing a reduction of about 4.89%[33]. - The total liabilities decreased to CNY 2,057,288,450.47 from CNY 2,158,406,902.63, reflecting a decline of about 4.68%[35]. - The company's equity attributable to shareholders decreased from CNY 2,899,671,015.25 to CNY 2,834,227,257.45, a decrease of approximately 2.26%[36]. - The total assets of Qingdao Kingking Applied Chemistry Co., Ltd. amounted to CNY 5,314,093,485.79, a decrease from CNY 5,550,500,569.66 at the end of 2019, reflecting a decline of approximately 4.26%[36]. - The total liabilities amounted to 2,158,406,902.63 CNY, with current liabilities at 2,076,310,928.49 CNY[64]. - Current liabilities totaled CNY 1,276,610,918.99, down from CNY 1,467,278,346.54, indicating a reduction of 12.99%[39]. Cash Flow - The net cash flow from operating activities was ¥23,350,681.04, a decrease of 115.84% year-on-year[7]. - Cash flow from operating activities showed a net outflow of CNY -536,141,190.51, slightly worse than the previous year's outflow of CNY -530,739,493.68[55]. - The cash flow from financing activities showed a net outflow of CNY -46,996,191.37, an improvement from the previous year's outflow of CNY -592,676,586.93[57]. - The net cash flow from operating activities was -184,471,147.65 CNY, an improvement from -197,809,698.60 CNY in the previous year[60]. - The company reported a significant decrease in tax payments, totaling 32,721,143.92 CNY, compared to 73,155,551.38 CNY in the previous year[60]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,071[11]. - The largest shareholder, Qingdao Kingwang International Transportation Co., Ltd., held 21.41% of the shares, with 134,274,499 shares pledged[11]. Expenses - The company reported a 31.34% decrease in selling expenses for the first nine months of 2020 compared to the same period in 2019, primarily due to a reduction in the scope of consolidation following the disposal of a subsidiary[15]. - Research and development expenses increased to CNY 10,303,850.28, up from CNY 7,783,356.29, representing a growth of 32.0% year-on-year[42]. - The company's operating costs for Q3 2020 were ¥237,778,441.97, an increase of 5.5% from ¥225,523,968.72 in the same period last year[45]. - The company experienced a decrease in sales expenses, which were ¥7,780,058.10, down 16.5% from ¥9,315,932.41 in Q3 2019[45]. Other Financial Metrics - The company reported a total non-recurring gains and losses of ¥10,477,935.02 for the year-to-date[8]. - The company did not engage in any repurchase transactions during the reporting period[12]. - The company reported an investment income of CNY 22,854,617.61, which is an increase from CNY 16,143,148.69 in the previous year[42]. - The investment income for Q3 2020 was ¥4,570,120.89, a decrease of 39.9% from ¥7,602,371.78 in the previous year[45]. - The company incurred a tax expense of ¥4,739,335.21 for Q3 2020, which is an increase of 102.0% compared to ¥2,342,694.90 in Q3 2019[45].