康强电子(002119) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 18.56% to CNY 30,941,234.82 for the current period[7] - Operating revenue decreased by 6.88% to CNY 373,117,425.46 compared to the same period last year[7] - Basic earnings per share increased by 14.29% to CNY 0.08 for the current period[7] - The weighted average return on equity increased by 0.20% to 3.58%[7] - The total operating revenue for Q3 2019 was CNY 373,117,425.46, a decrease of 6.4% compared to CNY 400,687,589.48 in the same period last year[35] - The net profit for Q3 2019 was CNY 32,045,968.50, reflecting a decrease from the previous year's profit[35] - The total profit for the third quarter was CNY 37,053,907.57, compared to CNY 36,550,638.79 in the previous year, marking an increase of about 1.4%[36] - The net profit for Q3 2019 reached CNY 79.12 million, representing an increase of 20.67% from CNY 65.65 million in the previous year[45] - The total comprehensive income for the third quarter was CNY 30,941,234.82, an increase from CNY 26,096,898.48 year-over-year, reflecting a growth of approximately 18.5%[37] - The company recorded a total comprehensive income of CNY 79.12 million for Q3 2019, compared to CNY 76.15 million in the previous year[49] Assets and Liabilities - Total assets increased by 8.01% to CNY 1,814,726,578.42 compared to the end of the previous year[7] - Total liabilities increased to CNY 935,534,594.99 from CNY 870,363,448.42, reflecting a rise of 7.5%[28] - Long-term borrowings increased significantly to CNY 62,000,000.00 from CNY 10,000,000.00, indicating a growth of 520%[28] - Total assets as of September 30, 2019, amounted to CNY 1.814726 billion, an increase from CNY 1.680075 billion at the end of the previous year[26] - Total assets amounted to CNY 1,680,074,737.51, with current assets at CNY 903,657,937.03 and non-current assets at CNY 776,416,800.48[60] - Total liabilities reached CNY 870,363,448.42, with current liabilities at CNY 821,147,351.88 and non-current liabilities at CNY 49,216,096.54[62] Cash Flow - Net cash flow from operating activities decreased by 14.80% to CNY 34,919,420.94[7] - The company generated CNY 753.02 million in cash from operating activities, down from CNY 1,178.17 million in the previous year, indicating a significant decline in cash flow[51] - The net cash flow from operating activities for Q3 2019 was ¥82,022,349.86, a decrease from ¥89,302,585.44 in Q3 2018, representing a decline of approximately 3.6%[52] - Total cash inflow from operating activities was ¥791,539,150.06, while cash outflow was ¥709,516,800.20, resulting in a net cash inflow of ¥82,022,349.86[52] - The cash flow from investment activities showed a net outflow of ¥40,825,779.39, compared to a net outflow of ¥43,126,364.84 in the previous year, indicating a slight improvement[53] Shareholder Information - The total number of shareholders at the end of the reporting period was 72,548[11] - The largest shareholder, Ningbo Pulisais Electronic Co., Ltd., holds 19.72% of the shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Investments and Income - Non-recurring gains and losses totaled CNY 27,418,947.79 for the current period[9] - Investment income increased by CNY 19.962 million, a 2149.60% increase, primarily from the transfer of equity in a subsidiary[15] - The company reported an investment income of CNY 423,544.73 from joint ventures and associates during the third quarter[39] - Other income increased by CNY 4.1995 million, a 65.32% increase, mainly from government subsidies related to daily operations[15] Research and Development - Research and development expenses for Q3 2019 were CNY 15,933,088.75, compared to CNY 14,126,981.38 in the previous year, showing an increase of 12.8%[35] - Research and development expenses for the third quarter amounted to CNY 8,978,384.90, compared to CNY 8,368,724.14 in the previous year, representing an increase of approximately 7.3%[39] Other Financial Metrics - The company experienced a credit impairment loss of CNY 1.91 million, reflecting challenges in receivables management[44] - The income tax expense for Q3 2019 was CNY 14.83 million, down from CNY 17.17 million in the same period last year[44] - The company implemented new financial instrument standards starting January 1, 2019, resulting in adjustments of 754,715.00 yuan for consolidated statements and 214,490.00 yuan for parent company statements[67] - The third quarter report was not audited[68] - The chairman of the company is Zheng Kangding[69]