天威视讯(002238) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥355,987,220.58, down 7.54% year-on-year, while year-to-date revenue increased by 7.67% to ¥1,241,582,265.89[7] - Net profit attributable to shareholders of the listed company was ¥29,139,712.69, a decrease of 45.27% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was ¥9,898,200.25, down 73.80% year-on-year[7] - Basic earnings per share decreased by 45.25% to ¥0.0363[7] - The weighted average return on net assets was 1.36%, down 0.99% compared to the previous year[7] - Total operating revenue for the current period is CNY 212,077,666.93, a decrease of 5.4% compared to CNY 223,723,171.25 in the previous period[81] - Net profit for the current period was ¥124,529,233.18, a decrease of 21.41% from ¥158,442,954.95 in the previous period[92] - Basic earnings per share decreased to ¥0.1598 from ¥0.1999, representing a decline of 20.10%[92] - The total comprehensive income amounted to approximately ¥492.38 million, compared to ¥274.42 million in the previous period, reflecting a strong performance[103] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,812,020,622.30, a decrease of 0.31% compared to the end of the previous year[7] - Total liabilities reached CNY 1,564,759,526.34, compared to CNY 1,079,725,202.42, indicating a rise of 45%[60] - Current liabilities totaled CNY 1,369,132,862.34, an increase of 39.2% from CNY 983,767,797.85[60] - Non-current liabilities amounted to CNY 195,626,664.00, up from CNY 95,957,404.57, reflecting a significant increase of 104.5%[60] - The company's total assets as of September 30, 2020, were CNY 3,812,020,622.30, slightly down from CNY 3,823,730,265.20 at the end of 2019[56] - The company has a short-term loan of CNY 200,000,000.00 as of September 30, 2020[56] - The company has a contract liability of CNY 369,868,778.08, indicating future obligations[56] - Total liabilities were reported at $1.08 billion, with current liabilities comprising $983.77 million[122] Cash Flow - Net cash flow from operating activities increased significantly by 319.42% to ¥137,117,274.73 for the reporting period[7] - Net cash flow from operating activities increased by 107.47% to ¥273 million, driven by social security reductions and increased cash receipts from engineering projects[20] - Cash inflow from operating activities totaled approximately ¥1.32 billion, up from ¥1.21 billion year-over-year, reflecting a growth of about 8.5%[106] - Cash outflow from investment activities resulted in a net cash flow of -¥48.30 million, compared to -¥5.74 million in the previous period, indicating increased investment expenditures[109] - Cash inflow from financing activities was ¥300 million, while cash outflow for debt repayment and dividends was ¥621.27 million, leading to a net cash flow of -¥321.27 million[109] Shareholder Equity - Net assets attributable to shareholders of the listed company decreased by 18.46% to ¥2,160,152,989.33[7] - The company’s capital reserve decreased by 83.99% to ¥35 million, as capital reserves were transferred to share capital[20] - The company’s unallocated profits decreased by 32.26% to ¥1,027 million, due to significant cash dividend distributions this year[20] - The total equity attributable to shareholders was CNY 2,160,152,989.33, down from CNY 2,649,217,586.72, a decrease of 18.5%[63] - Owner's equity totaled approximately $2.37 billion, with retained earnings of $889.73 million and capital reserves of $593.90 million[134] Investments and Subsidiaries - The company invested RMB 98 million to hold a 49% stake in the newly established joint venture "Shenzhen City Wisdom Communication Co., Ltd." with Shenzhen Zhicheng, which contributed RMB 102 million for a 51% stake[29] - The company committed RMB 95 million to subscribe for shares in the "Qianhai Tianhe Cultural Industry Investment Fund," which focuses on high-quality cultural projects in China[29] - The company approved the establishment of four wholly-owned subsidiaries for building internet data centers, with a total investment of RMB 12 million, allocating RMB 3 million to each subsidiary[32] - The company has invested approximately $689.03 million in fixed assets and $293.76 million in intangible assets[128] Government Subsidies and Other Income - The company received government subsidies amounting to ¥22,931,986.61 during the year-to-date period[7] - Other income grew by 85.44% to ¥22 million, mainly due to increased government subsidies for the 4K project[20] - Other income for the current period was ¥22,931,986.61, significantly higher than ¥12,365,932.78 in the previous period, reflecting an increase of 85.56%[92]