东方智造(002175) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 57,180,964.03, a decrease of 16.48% year-on-year[9] - Net profit attributable to shareholders was a loss of CNY 33,425,153.50, down 9.10% year-on-year[9] - Basic earnings per share were CNY -0.0443, a decrease of 9.22% year-on-year[9] - The weighted average return on net assets was -6.52%, a decrease of 2.69% compared to the previous year[9] - Total operating revenue for Q3 2019 was CNY 57,180,964.03, a decrease of 16.5% compared to CNY 68,464,586.84 in the same period last year[38] - The company's net loss for Q3 2019 was CNY 12,574,427.31, compared to a net loss of CNY 25,631,349.16 in Q3 2018[38] - The net profit for the third quarter was a loss of CNY 35,519,769.15, compared to a loss of CNY 40,256,086.83 in the previous year, showing an improvement of about 6.5%[40] - The total comprehensive income for the third quarter was a loss of CNY 35,519,769.15, compared to a loss of CNY 40,256,086.83 in the previous year, indicating a reduction in losses[40] - The total operating costs for the year-to-date period were CNY 213,154,022.60, down from CNY 270,457,016.11 in the previous year, reflecting a decrease of approximately 21.2%[44] - The financial expenses for the third quarter amounted to CNY 3,686,192.32, a decrease from CNY 4,888,022.68 in the same period last year, indicating a reduction of about 24.6%[42] Assets and Liabilities - Total assets decreased by 5.16% to CNY 1,603,311,306.11 compared to the end of the previous year[9] - The company's current assets totaled CNY 639,710,048.91, down from CNY 726,825,327.64 at the end of 2018, indicating a decrease of about 11.99%[28] - Total liabilities as of September 30, 2019, were CNY 1,042,920,760.02, slightly down from CNY 1,055,955,063.97 at the end of 2018[31] - The company's total assets amounted to CNY 1,507,213,908.56, a marginal increase from CNY 1,505,444,892.96 at the end of 2018[36] - The equity attributable to shareholders of the parent company decreased to CNY 496,007,082.58 from CNY 564,025,576.68 year-over-year, a decline of 12.1%[31] - The company's total liabilities to equity ratio is approximately 1.66, indicating a higher reliance on debt financing[64] Cash Flow - Net cash flow from operating activities was CNY 9,415,575.43, a decrease of 0.83% compared to the same period last year[9] - The company reported a credit impairment loss of CNY -28,723,710.85 for the third quarter, compared to no such loss in the previous year[39] - The net cash flow from operating activities for Q3 2019 was 4,356,264.14 CNY, a significant improvement compared to a net outflow of 23,612,206.17 CNY in the same period last year[54] - Total cash inflow from financing activities was 84,490,000.00 CNY, while cash outflow was 119,909,069.15 CNY, resulting in a net cash flow of -35,419,069.15 CNY[55] - The cash flow from financing activities showed a significant decrease, with a net cash flow of 13,232,059.28 CNY compared to a net outflow of 33,960,097.41 CNY in the previous year[59] Shareholder Information - The total number of shareholders at the end of the reporting period was 71,211[12] - The top shareholder, Peng Peng, held 12.23% of the shares, amounting to 92,173,383 shares[14] - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[15] Research and Development - Research and development expenses increased by 45% due to higher investment in R&D projects[18] - Research and development expenses for Q3 2019 were CNY 542,267.68, down from CNY 697,252.75 in the same quarter last year, reflecting a decrease of 22.3%[38] Other Financial Metrics - Non-recurring gains and losses totaled CNY 2,535,172.06 after tax[11] - The company reported a significant increase in prepayments, which rose to CNY 106,117,817.76 from CNY 93,555,179.81, an increase of approximately 13.67%[28] - The company reported a significant increase in other payables, which rose to CNY 247,545,786.95 from CNY 230,598,775.09, indicating a rise of 7.1%[31] - The company incurred credit impairment losses of -31,575,853.26 CNY during the quarter[46] Compliance and Standards - The company has not reported any new product launches or technological advancements during this quarter[39] - There were no significant mergers or acquisitions reported in the third quarter[39] - The third quarter report was not audited[70] - The company has implemented new accounting standards since 2019, affecting prior period comparative data[69]