新里程(002219) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was a loss of approximately CNY 108.16 million, representing a 76.44% increase in loss compared to the same period last year[9]. - Operating revenue for the reporting period was approximately CNY 886.17 million, down 2.54% year-on-year[9]. - Basic earnings per share were -CNY 0.0580, a decrease of 76.43% compared to the same period last year[9]. - The weighted average return on net assets was -4.11%, a decrease of 6.89% compared to the same period last year[9]. - The company reported a net loss of CNY 485,150,120.75 in retained earnings, compared to a loss of CNY 305,767,384.61 in the previous period[46]. - The net profit for the current period was CNY 825,720,129.81, a significant recovery from a net loss of CNY 25,107,771.19 in the previous period[71]. - The total profit for the current period was CNY 825,720,129.81, compared to a total loss of CNY 25,107,771.19 in the previous period[71]. - The company reported a total comprehensive income for the current period of CNY 825,720,129.81, a recovery from a loss of CNY 25,107,771.19 in the previous period[71]. - The company's total comprehensive income amounted to -152,414,316.72, compared to -389,454,137.96 in the previous period, indicating an improvement[80]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 8.43 billion, a decrease of 3.74% compared to the end of the previous year[9]. - Total current assets as of September 30, 2019, were CNY 2,057,901,206.38, a decrease of 10.4% from CNY 2,296,954,293.94 as of December 31, 2018[40]. - Total liabilities as of September 30, 2019, were CNY 5,775,111,296.23, down from CNY 5,901,333,608.49, a decrease of 2.1%[43]. - The company's total assets were CNY 8,431,747,674.79, down from CNY 8,758,983,757.39, a decrease of 3.7%[40]. - The total liabilities decreased to ¥2,192,061,826.47 from ¥2,440,871,122.42, a reduction of approximately 10.2%[56]. - The company’s total liabilities included short-term borrowings of ¥1,288,000,000.00, unchanged from the previous period[108]. - Total liabilities amounted to CNY 5,901,333,608.49, with current liabilities at CNY 2,964,779,474.64[115]. - The company has a total of CNY 1,069,310,000.00 in other non-current liabilities, reflecting potential future obligations[115]. Cash Flow - The net cash flow from operating activities was approximately CNY 254.15 million, an increase of 263.18% compared to the same period last year[9]. - Cash and cash equivalents decreased by 52.00% to ¥166,689,474.68 due to repayment of bank loans[21]. - The company reported a cash inflow from operating activities of 2,830,643,898.39, compared to 2,770,255,280.80 in the previous period, reflecting a positive trend[90]. - Cash flow from operating activities generated a net amount of ¥195,758,705.04, compared to a net outflow of ¥253,535,249.23 in the previous period, indicating a significant improvement[101]. - The total cash inflow from operating activities was ¥346,954,797.55, significantly higher than ¥27,042,792.82 in the previous period[101]. - The ending balance of cash and cash equivalents was ¥45,164,478.44, compared to ¥7,944,943.84 at the end of the previous period, showing a substantial increase[104]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 49,485[13]. - The largest shareholder, Que Wenbin, held 42.49% of the shares, totaling approximately 792.51 million shares[13]. - The company did not conduct any repurchase transactions among the top ten shareholders during the reporting period[16]. Expenses and Investments - Research and development expenses surged by 1722.53% to ¥1,065,089.62, reflecting increased investment in the soft bag project[21]. - Financial expenses rose by 51.97% to ¥265,309,378.09, driven by decreased foreign exchange gains and increased interest expenses[21]. - The company incurred management expenses of CNY 10,646,005.26, up from CNY 7,044,452.93 in the last period[68]. - The company recorded a credit impairment loss of CNY 851,493,845.62, indicating a significant financial impact[68]. - The investment income for the current period was 14,207,183.42, compared to 8,618.00 in the previous period, indicating growth in investment performance[85]. Other Financial Metrics - The company reported non-operating income of approximately CNY 12.65 million for the period[9]. - Other income increased by 1286.14% to ¥2,079,204.54, primarily from increased government subsidies[21]. - The company experienced a 33.31% reduction in taxes paid, amounting to ¥112,927,219.49, due to a decline in revenue[21]. - The company reported a significant decrease in interest expenses, with current interest expenses at ¥85,365,483.17 compared to ¥74,893,293.13 in the previous period[57]. - The company received tax refunds amounting to 247,137.43, compared to 1,471.17 in the previous period, indicating improved tax management[90]. Market Strategy - The company is focusing on expanding its market presence and enhancing product development strategies[120].