三变科技(002112) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥131,093,053.31, a decrease of 14.81% year-on-year, while year-to-date revenue increased by 17.12% to ¥488,409,420.63[8] - Net profit attributable to shareholders for the reporting period was ¥3,049,358.44, representing a significant increase of 111.54% year-on-year, with year-to-date net profit also up by 111.58% to ¥5,199,225.29[8] - Basic earnings per share for the reporting period was ¥0.01, an increase of 107.69% compared to the same period last year[8] - The operating profit for the quarter was ¥3,180,935.51, compared to a loss of ¥26,414,801.84 in the same period last year[42] - The net profit for the quarter was ¥3,049,358.44, recovering from a net loss of ¥26,415,101.84 in the previous year[42] - The company reported a net profit margin improvement, with net profit for the period showing signs of recovery despite lower revenues[38] - The total revenue for the year-to-date period reached ¥488,409,420.63, an increase from ¥417,014,825.47 in the previous year[45] - The company reported a total profit of ¥5.20 million, compared to a total loss of ¥44.91 million in the same quarter last year[51] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,071,128,145.13, an increase of 6.84% compared to the end of the previous year[8] - Total liabilities increased to CNY 689,901,437.41 from CNY 626,560,476.94 year-over-year, indicating a rise in financial obligations[35] - The total current liabilities represent about 56.4% of total assets, indicating a significant reliance on short-term financing[65] - The company has a cash balance of CNY 118,270,536.90 as of the end of the reporting period[66] Cash Flow - The net cash flow from operating activities was ¥13,803,823.08, a decrease of 8.86% compared to the previous year[8] - Cash flow from operating activities turned negative, decreasing by 126.19% to -¥7,186.36 million from -¥3,177.15 million, primarily due to increased guarantee deposits for accepted bills[18] - Cash flow from investing activities also turned negative, decreasing by 103.39% to -¥82.29 million from ¥2,425.91 million, attributed to fewer cash recoveries from fixed asset disposals[18] - Cash inflow from operating activities totaled 441,592,544.69 CNY, while cash outflow was 513,456,054.33 CNY, leading to a negative cash flow from operations[59] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,415[12] - The largest shareholder, Zhejiang Sanbian Group Co., Ltd., held 14.77% of the shares, amounting to 29,770,931 shares[12] Research and Development - Research and development expenses surged by 127.01% to ¥2,327.19 million from ¥1,025.13 million, reflecting significant investment in R&D[18] - Research and development expenses increased significantly to ¥11,701,522.20, up from ¥3,133,331.13, indicating a focus on innovation[42] - The company aims to expand its market presence and enhance product offerings through ongoing research and development initiatives[51] Other Financial Metrics - The weighted average return on net assets was 0.65%, a decrease of 7.89% year-on-year[8] - Financial expenses decreased by 46.34% to ¥950.09 million from ¥1,770.72 million due to reduced financing amounts and changes in interest calculation methods[18] - The total assets impairment loss was recorded at -¥14,529.08, a significant improvement from -¥1,378,118.69 in the previous year[42] Market and Strategic Updates - The company has not provided any strategic updates in the documents[70][71] - There are no details on market expansion or mergers and acquisitions in the content[70][71] - No new products or technologies were mentioned in the available information[70][71]