东方智造(002175) - 2020 Q3 - 季度财报

Financial Performance - Revenue for the reporting period was ¥44,313,892.16, down 22.50% year-on-year[9] - Net profit attributable to shareholders was -¥641,630,756.17, a decrease of 1,501.38% compared to the same period last year[9] - Basic earnings per share were -¥0.8512, a decrease of 1,501.34% compared to the same period last year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥20,139,240.41, an increase of 50.43% year-on-year[9] - The net loss for Q3 2020 was significantly impacted by a credit impairment loss of CNY -14,915,578.18, compared to CNY -28,723,710.85 in the same period last year[36] - The net profit for the third quarter was -641,630,756.17 CNY, compared to -42,161,984.45 CNY in the same period last year, indicating a significant increase in losses[38] - The total profit loss for the quarter reached ¥667,852,276.77, a substantial increase from the previous year's loss of ¥91,464,430.65[45] - The total comprehensive income for the third quarter was -641,630,756.17 CNY, compared to -42,161,984.45 CNY in the previous year[38] - The company reported a basic and diluted earnings per share of -¥0.8902, compared to -¥0.1182 in the same quarter last year, indicating worsening financial performance[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥647,807,914.75, a decrease of 2.25% compared to the end of the previous year[9] - The total assets of the company amounted to 662,738,728.32 CNY as of the reporting date[58] - Total liabilities increased to CNY 1,148,062,500.60 in Q3 2020 from CNY 492,013,368.62 in the previous year[30] - The company's total assets decreased to CNY 563,381,329.94 from CNY 583,860,112.30 year-over-year[32] - The equity attributable to shareholders of the parent company showed a significant decline to CNY -500,254,585.85 from CNY 170,725,359.70[30] - The total liabilities were recorded at 366,763,878.74 CNY, indicating a healthy asset-to-liability ratio[59] - The company's total current liabilities increased to CNY 379,589,880.15 from CNY 342,263,878.74 year-over-year[30] Cash Flow - The net cash flow from operating activities was ¥1,500,521.66, down 84.06% year-on-year[9] - Cash and cash equivalents increased by 160.45% compared to the beginning of the year, primarily due to the recovery of receivables and increased borrowings[17] - The net cash flow from investment activities was 7,753,539.38 CNY, a significant improvement compared to the previous period's negative cash flow of -31,250,809.59 CNY[52] - The total cash inflow from financing activities was 27,240,000.00 CNY, while cash outflow was 19,578,431.84 CNY, resulting in a net cash flow of 7,661,568.16 CNY[52] - The cash inflow from operating activities was 35,967.53 CNY, while cash outflow totaled 2,021,815.57 CNY[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 51,018[13] - The top shareholder, Peng Peng, holds 7.68% of the shares, totaling 57,853,383 shares[13] Operational Costs and Expenses - Total operating costs for Q3 2020 were CNY 48,448,237.48, down from CNY 69,755,391.34 year-over-year[36] - The financial expenses for the year-to-date period were 22,200,241.70 CNY, a decrease from 38,185,907.32 CNY in the previous year[43] - The company experienced a significant increase in management expenses, which rose to ¥12,932,676.50 from ¥9,864,926.83 year-over-year[48] Non-Recurring Items - The company reported non-recurring losses totaling -¥637,420,990.40 for the period[11] - The company faced credit impairment losses of ¥15,784,583.39, which were also higher than the previous year's losses of ¥31,575,853.26[45] Development and Investments - Development expenditures rose by 103.97% year-on-year, attributed to new R&D projects and increased investment in research[17] - Investment income surged by 100.66%, reflecting the recognition of investment income from affiliated companies using the equity method[17] Other Information - The company has no significant non-operating guarantees or overdue commitments during the reporting period[22] - The company did not report any new product developments or market expansion strategies during the quarter[38] - The company has not yet audited its third-quarter report for 2020[66] - The company implemented new revenue recognition standards starting January 1, 2020, affecting the classification of contract liabilities[63]