延华智能(002178) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 166,280,837.28, down 23.95% year-on-year[8] - Net profit attributable to shareholders decreased by 28.62% to CNY 3,438,776.28 for the reporting period[8] - The company reported a net loss of CNY 150,036,292.02 in retained earnings, compared to a loss of CNY 137,695,541.76 in the previous year[36] - The total operating revenue for the year-to-date period was CNY 437,942,943.89, down 29.5% from CNY 621,966,992.51 in the previous year[50] - The company's operating revenue for the third quarter of 2020 was CNY 321.92 million, a decrease of 27.2% compared to CNY 442.61 million in the same period last year[53] - The net profit for the third quarter was a loss of CNY 15.49 million, an improvement from a loss of CNY 19.24 million in the previous year, indicating a reduction in losses by 19.3%[52] - The total comprehensive income for Q3 2020 was CNY 3,251,454.39, compared to CNY 7,088,058.47 in the same period last year[44] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 1,426,566.04, a decline of 116.93% compared to the previous year[8] - Operating cash flow net increased by 34.46% year-on-year, driven by effective receivables collection and delayed cost expenditures due to the COVID-19 pandemic[21] - The cash flow from operating activities showed a net outflow of CNY 83.35 million, an improvement from a net outflow of CNY 127.17 million in the same period last year[55] - The net cash flow from operating activities was -55,585,696.78 RMB, compared to -82,892,159.64 RMB in the previous period, indicating an improvement of approximately 33%[60] - Total cash inflow from operating activities was 461,825,977.19 RMB, down 31.4% from 674,244,646.00 RMB in the previous period[60] - Cash outflow from operating activities totaled 517,411,673.97 RMB, a decrease of 31.7% compared to 757,136,805.64 RMB in the previous period[60] Assets and Liabilities - Total assets decreased by 6.16% to CNY 1,913,312,057.54 compared to the end of the previous year[8] - Current liabilities decreased to CNY 838,389,036.85 from CNY 939,425,832.42 year-over-year, reflecting a reduction of approximately 11%[35] - The total liabilities decreased to CNY 888,058,701.43 from CNY 997,598,925.49, a reduction of approximately 11%[35] - The company's total equity as of September 30, 2020, was CNY 1,025,253,356.11, down from CNY 1,041,235,605.37[36] - Total liabilities amounted to CNY 997,598,925.49, with current liabilities at CNY 939,425,832.42[64] Investments and Expenditures - The company reported a 93.78% increase in development expenditures due to investments in smart healthcare software development[16] - The company’s development expenditure increased significantly to CNY 26,341,952.25 from CNY 13,593,617.08, marking an increase of approximately 94%[34] - Investment income increased by 259.81% year-on-year, mainly due to increased investment income recognized from Beijing Taihe Kang[18] - The investment income for Q3 2020 was CNY 3,033,296.76, an increase from CNY 2,123,264.69 in the previous year[46] - The investment income for the third quarter was CNY 14.85 million, significantly higher than CNY 4.13 million in the same period last year, marking an increase of 259.5%[51] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,187[12] - The company signed a supplementary profit compensation agreement with Beijing Zhonghui Qianding to better reflect the operational and profit situation of the acquired company, Beijing Taihe Kang[21] Financial Ratios and Metrics - Credit impairment losses decreased by 69.86% compared to the same period last year, primarily due to significant bad debt provisions made by the subsidiary in the previous year[18] - Financial expenses increased by 54.22% year-on-year, attributed to increased bank financing compared to the previous year[20] - The company's financial expenses for the third quarter were CNY 4.63 million, an increase of 54.3% compared to CNY 3.00 million in the previous year[51] - The company reported a credit impairment loss of CNY 2,377,774.11, compared to a gain of CNY 6,318,785.22 in the previous year[46] - The company reported a credit impairment loss of CNY -5.21 million for the third quarter, an improvement from a loss of CNY -17.29 million in the previous year[51]